文章核心观点 - 公司Aviat Networks是无线传输和接入解决方案的领先专家,为通信服务提供商和私有网络运营商提供可靠的产品、服务和支持 [1][2] - 公司将于2024年10月7日举行财务和运营业绩的收益电话会议和网络广播 [1] 公司概况 - 公司在全球170个国家销售了超过100万个系统,客户包括通信服务提供商、州/地方政府、公用事业、联邦政府和国防组织 [2] - 公司拥有70多年的微波创新历史,提供全面的本地化专业和支持服务,帮助客户大幅简化网络和运营 [2] - 公司总部位于德克萨斯州奥斯汀,更多信息可访问公司网站或关注Facebook和LinkedIn [2]

产品和服务 - 公司主要为通信服务提供商和私有网络运营商提供无线传输和接入网络产品、解决方案和服务[12] - 公司产品利用微波和毫米波技术创建点对点和点对多点无线链路[13] - 公司产品还提供路由器和一系列本地和托管的私有云软件工具和应用程序[13] - 公司无线系统可以在城市、郊区、区域和全国范围内提供通信链路[14] - 公司提供广泛的无线毫米波网络应用解决方案,涵盖多种频段和传输容量[1] - 产品设计灵活可配置,具有高度软件可配置功能,提供更大的灵活性和更低的总体拥有成本[2] - 提供全面的网络管理解决方案,帮助运营商提高网络性能和降低成本[2] - 提供从评估、部署到运营的全方位专业服务,是行业内为数不多的一站式解决方案提供商[2] 市场和客户 - 公司收入中北美和国际地区分别占50%和50%[15] - 5G部署、用户增长、联网设备增加和网络密集化等因素将推动移动网络后向基础设施的需求[17] - 通过直销、OEM和渠道合作等多种销售模式覆盖全球市场[3][4] - 公司依赖少数几家客户,如果失去这些客户关系将对业务产生不利影响[107][108][109] - 客户财务状况恶化可能会增加公司的信用和商业风险[90,91,92] - 客户为降低成本可能会要求大幅降低产品价格,这可能会对公司订单、收入和毛利产生负面影响[128] 研发和创新 - 公司正在投资提高产品的数据传输能力、降低能耗和降低总体拥有成本[23] - 公司正在投资软件应用程序、工具和服务来简化微波网络的规划、部署、拥有和运营[23] - 公司持续加大研发投入,2024财年研发支出占收入的8.9%,主要集中在微波和毫米波射频、数字信号处理、网络协议和软件应用等领域[7] - 公司认为创新能力和及时推出新产品也是保持竞争力的关键[54] - 公司需要及时推出新产品并获得客户认可,以确保在市场上保持竞争力[1] - 新产品及时推出、成功完成产品过渡并获得客户认可对公司成功至关重要[79] - 公司需要持续开发和推出新产品和升级以满足不断变化的市场需求[80] 供应链和制造 - 公司依赖众多供应商和分包商提供原材料和部件,需要确保供应商满足客户要求和交付时间[8] - 公司采取双重采购策略以降低供应链风险[47] - 公司依赖于第三方合同制造商,如果无法有效管理这些关系可能会延迟交货或无法履行客户承诺,从而对业务和经营业绩产生不利影响[103][104][105] - 公司依赖于少数或单一来源供应某些关键组件,如果供应中断可能会导致销售延迟或损失[105][106] - 公司不断优化制造资产的组合和位置,如果不成功可能会中断运营、增加成本并对业务和经营业绩产生不利影响[84,85,86] - 采用外包制造模式,生产制造已通过ISO 9001和TL 9000认证[5] 知识产权和合规 - 公司拥有大量专利和其他知识产权资产[48] - 专利法律的变化可能会降低公司知识产权的价值[49][50] - 公司的商标权可能会受到侵犯和挑战[51] - 公司需要采取措施保护自身的知识产权和专有信息[52][53] - 公司可能无法充分保护其知识产权,这可能会对其竞争地位产生不利影响[139,140,141] - 公司面临知识产权诉讼和索赔的风险，可能导致巨大成本和资源消耗[149] - 公司需要遵守环境和其他相关法规[55][56][57][58] - 公司需要遵守日益严格的数据隐私和网络安全法规,可能增加合规成本和声誉风险[150,151] - 公司受到环境保护法规的约束,需要遵守排放、使用和处理有害物质的要求,可能增加运营成本[152,153] - 气候变化和ESG问题的关注度提高可能导致公司及供应链面临更多合规要求和成本[154,155,156,157] 人力资源 - 公司拥有913名员工,大部分位于美国,未有工会代表[59] - 公司提供有竞争力的薪酬和福利计划以吸引和留住人才[60] - 公司需要吸引和留住关键人才,否则可能会影响关键目标的实现[93] 财务和风险 - 销售周期可能较长,产品销售时间和提供网络设计、安装及实施等附加服务可能跨越多个期间,这会使公司的经营业绩更加波动和难以预测,并可能影响对更复杂销售交易的收入确认[75][76][77] - 公司业绩难以预测,产品交付或销售延迟会导致收入、利润率和净收益大幅波动[78] - 新产品平台过渡存在重大风险,如果新产品未被客户接受可能会导致收入和利润率下降[81] - 公司面临产品平均售价下降的压力,需要提高制造效率和降低成本以应对[89] - 公司通过并购等战略交易寻求增长,但这些交易存在整合风险,可能会分散管理层注意力并对业务产生不利影响[110][111][112][113][114][115][116] - 公司面临多种国际政治、经济和地理风险,如汇率波动、贸易壁垒、合规成本等,可能会对业务产生重大不利影响[117][118][119] - 公司存在内部控制缺陷,可能导致财务报告错误,

Fourth Quarter Total Revenue of $116.7 million; Up 28.1% Year-Over-Year Fourth Quarter Adjusted EBITDA of $11.9 million Cash from Operations of $8.3 million in fourth quarter, $30.5 million for full year AUSTIN, Texas, Oct. 4, 2024 /PRNewswire/ -- Aviat Networks, Inc. ("Aviat Networks," "Aviat," or the "Company"), (Nasdaq: AVNW), the leading expert in wireless transport and access solutions, today reported financial results for its fiscal 2024 fourth quarter and twelve months ended June 28, 2024. Fourth Qua ...

NEW YORK, Oct. 03, 2024 (GLOBE NEWSWIRE) -- The law firm of Kirby McInerney LLP reminds investors that the firm is investigating potential claims against Aviat Networks, Inc. (“Aviat” or the “Company”) (NASDAQ: AVNW). The ongoing investigation concerns whether Aviat and/or certain of its officers have violated the federal securities laws and/or engaged in other unlawful business practices. [Click here to learn more about the investigation] On September 11, 2024, Aviat disclosed that it would be unable to ti ...

BOSTON, Sept. 26, 2024 (GLOBE NEWSWIRE) -- Block & Leviton is investigating Aviat Networks, Inc. (Nasdaq: AVNW) for potential securities law violations. Investors who have lost money in their Aviat Networks, Inc. investment should contact the firm to learn more about how they might recover those losses. For more details, visit https://blockleviton.com/cases/avnw. What is this all about? Aviat Networks, Inc. announced on September 11 that they had delayed their scheduled Annual Report on Form 10-K, and would ...

NEW YORK, Sept. 20, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Aviat Networks, Inc. (NASDAQ: AVNW) and Flux Power Holdings, Inc. (NASDAQ:FLUX). Our investigations concern whether these companies have violated the federal securities laws and/or engaged in other unlawful business practices. Additional information about each case can be found at the link provided. Aviat Networks, Inc. (NASDAQ: AVNW) On Sep ...

Investors can contact the law firm at no cost to learn more about recovering their losses LOS ANGELES, Sept. 18, 2024 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Aviat Networks, Inc. (“Aviat” or “the Company”) (Nasdaq: AVNW) investors that the firm has initiated an investigation into possible securities fraud and may file a class action on behalf of investors. Aviat investors that lost money on their investment are encouraged to contact Lesley Portnoy, Esq. Investors are encouraged to contact attorney ...

BOSTON, Sept. 18, 2024 (GLOBE NEWSWIRE) -- Block & Leviton is investigating Aviat Networks, Inc. (Nasdaq: AVNW) for potential securities law violations. Investors who have lost money in their Aviat Networks, Inc. investment should contact the firm to learn more about how they might recover those losses. For more details, visit https://blockleviton.com/cases/avnw. What is this all about? Aviat Networks, Inc. announced on September 11 that they had delayed their scheduled Annual Report on Form 10-K, and would ...

NEW YORK, Sept. 13, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against Aviat Networks, Inc. (“Aviat” or the “Company”) (NASDAQ: AVNW) on behalf of Aviat stockholders. Our investigation concerns whether Aviat has violated the federal securities laws and/or engaged in other unlawful business practices. Click here to participate in the action. On September 11, 2024, Aviat announced via press release that it "has d ...

NEW YORK, Sept. 13, 2024 (GLOBE NEWSWIRE) -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Aviat Networks, Inc. (“Aviat” or “the Company”) (NASDAQ: AVNW). Investors who purchased Aviat securities are encouraged to obtain additional information and assist the investigation by visiting the firm’s site: bgandg.com/AVNW. Investigation Details On September 11, 2024, Aviat announced via press release that it “has determined that it is unabl ...