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Aviat Networks Inc   (AVNW)
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Aviat Networks Inc records $3.88 million tax charge

The most recent fiscal period income vanished, due to hefty $3.88 million tax charge, resulting in $-0.25 loss per share

Published 2022-11-03T14:29:50+00:00
Goran Soko / CSIMarket.com Contributer

Interior_pdAlthough AVNWs' Revenues increased by 11.062 % from the similar reporting season a year before to $81.25 millions in the first quarter of 2022 financial report, AVNW slipped into deficit at $-0.25 deficit per share.

Looking into earnings from the prior reporting season Revenues advanced by 4.947 % from $77.42 millions and earnings per share fell from $0.39 per share.

The Electronic Instruments & Controls company is expanding possibilities and growing market stance, while the AVNW helps customers make a distinction, unfold strength and more.
For the most recent fiscal period Aviat Networks Inc logged net deficit of $-2.746 million, instead of net earnings of $4.682 millions have achieved in the similar reporting season a year before.

Excluding a $3.88 million tax charge, that Aviat Networks Inc has announced, most recent fiscal period earnings would show a net profit.
Operating earnings, fell -42.57% to $3.913 millions, squeezing Aviat Networks Inc 's operating margin to %.

Aviat Networks Inc is expected to report next financial earnings on February 01, 2023.


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Other AVNW's Earnings Reports

Aviat Networks Inc reported second quarter 2022 earnings

Aviat Networks Inc reported first quarter 2022 earnings

Aviat Networks Inc reported fourth quarter 2021 earnings

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