Aviat Networks, Inc. is the leading expert in wireless transport solutions and works to provide dependable products, services and support to its customers. With more than one million systems sold into 170 countries worldwide, communications service providers and private network operators including state/local government, utility, federal government and defense organizations trust Aviat with their critical applications. Coupled with a long history of microwave innovations, Aviat provides a comprehensive suite of localized professional and support services enabling customers to drastically simplify both their networks and their lives. For more than 70 years, the experts at Aviat have delivered high performance products, simplified operations, and the best overall customer experience. Aviat Networks is headquartered in Austin, Texas.
Company profile
Ticker
AVNW
Exchange
Website
CEO
Peter Smith
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Former names
Aviat Networks Inc, Harris Stratex Networks, Inc., HARRIS STRATEX NETWORKS, INC.
SEC CIK
Corporate docs
Subsidiaries
Aviat Networks Algeria S.A.R.L. • Aviat Networks (Australia) Pty. Ltd. • Aviat Networks (Bangladesh) Limited • Aviat Networks Brasil Servicos em Communicacoes Ltda. • Aviat Networks Canada ULC • Aviat Communications Technology (Shenzhen) Company Ltd. • Aviat Networks France S.A.S. • Aviat Networks Ghana Limited • Aviat Networks Holland B.V. • Aviat Networks HK Limited ...
AVNW stock data
Latest filings (excl ownership)
8-K
Submission of Matters to a Vote of Security Holders
10 Nov 22
10-Q
2023 Q1
Quarterly report
2 Nov 22
8-K
Aviat Networks Announces Fiscal 2023 First Quarter Financial Results
2 Nov 22
DEFA14A
Additional proxy soliciting materials
29 Sep 22
DEF 14A
Definitive proxy
26 Sep 22
8-K
Changes in Registrant's Certifying Accountant
26 Sep 22
S-8
Registration of securities for employees
23 Sep 22
10-K
2022 FY
Annual report
14 Sep 22
8-K
Material Modifications to Rights of Security Holders
24 Aug 22
8-K
Aviat Networks Announces Fiscal 2022 Fourth Quarter and Twelve Months Financial Results
23 Aug 22
Transcripts
AVNW
Earnings call transcript
2022 Q4
24 Aug 22
AVNW
Earnings call transcript
2022 Q3
4 May 22
AVNW
Earnings call transcript
2022 Q2
3 Feb 22
AVNW
Earnings call transcript
2022 Q1
4 Nov 21
AVNW
Earnings call transcript
2021 Q4
26 Aug 21
AVNW
Earnings call transcript
2021 Q3
6 May 21
AVNW
Earnings call transcript
2021 Q2
4 Feb 21
AVNW
Earnings call transcript
2021 Q1
8 Nov 20
AVNW
Earnings call transcript
2020 Q4
27 Aug 20
AVNW
Earnings call transcript
2020 Q3
13 May 20
Financial summary
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| Annual (USD) | Jul 22 | Jul 21 | Jul 20 | Jun 19 | |
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| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 21.80 mm | 21.80 mm | 21.80 mm | 21.80 mm | 21.80 mm | 21.80 mm |
| Cash burn (monthly) | 5.10 mm | 2.15 mm | (no burn) | (no burn) | 2.10 mm | 350.58 k |
| Cash used (since last report) | 19.95 mm | 8.39 mm | n/a | n/a | 8.23 mm | 1.37 mm |
| Cash remaining | 1.85 mm | 13.41 mm | n/a | n/a | 13.57 mm | 20.43 mm |
| Runway (months of cash) | 0.4 | 6.3 | n/a | n/a | 6.4 | 58.3 |
Institutional ownership, Q3 2022
71.9% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 113 |
| Opened positions | 24 |
| Closed positions | 16 |
| Increased positions | 30 |
| Reduced positions | 26 |
| 13F shares | Current |
|---|---|
| Total value | 228.21 mm |
| Total shares | 8.14 mm |
| Total puts | 36.00 k |
| Total calls | 82.80 k |
| Total put/call ratio | 0.4 |
| Largest owners | Shares | Value |
|---|---|---|
| Topline Capital Management | 590.11 k | $18.25 mm |
| Royce & Associates | 549.34 k | $15.04 mm |
| AIGH Capital Management | 535.92 k | $14.67 mm |
| BLK Blackrock | 520.89 k | $14.26 mm |
| Vanguard | 491.46 k | $13.46 mm |
| Punch & Associates Investment Management | 448.26 k | $12.27 mm |
| Select Equity | 391.28 k | $10.71 mm |
| Renaissance Technologies | 383.87 k | $10.51 mm |
| Dimensional Fund Advisors | 364.51 k | $9.98 mm |
| Driehaus Capital Management | 319.42 k | $8.75 mm |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 31 Dec 22 | Pete A Smith | Common Stock | Payment of exercise | Dispose F | No | No | 31.19 | 11,805 | 368.20 k | 191,918 |
| 31 Dec 22 | Pete A Smith | Common Stock | Grant | Acquire A | No | No | 0 | 30,000 | 0.00 | 203,723 |
| 10 Nov 22 | Bryan Ingram | Common Stock | Grant | Acquire A | No | No | 0 | 4,078 | 0.00 | 7,297 |
| 10 Nov 22 | Klein Michele | Common Stock | Grant | Acquire A | No | No | 0 | 4,078 | 0.00 | 8,626 |
| 10 Nov 22 | Stoffel James C | Common Stock | Grant | Acquire A | No | No | 0 | 4,078 | 0.00 | 83,855 |
| 10 Nov 22 | John Mutch | Common Stock | Grant | Acquire A | No | No | 0 | 4,078 | 0.00 | 77,753 |