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Aviat Networks, Inc. (AVNW) CEO Pete Smith on Q3 2021 Results - Earnings Call Transcript

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Aviat Networks, Inc. (NASDAQ:AVNW) Q3 2021 Earnings Conference Call May 5, 2021 5:00 PM ET

Company Participants

Keith Fanneron - Vice President, Finance & Investor Relations

Pete Smith - President & Chief Executive Officer

Eric Chang - Chief Financial Officer

Conference Call Participants

Theodore O'Neill - Litchfield Hills Research

Tom Diffely - DA Davidson


Good afternoon. Welcome to Aviat Networks Third Quarter Fiscal 2021 Earnings Call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. Please note, this conference is being recorded.

I would now turn the conference over to your host, Mr. Keith Fanneron, Vice President of Global Finance and Investor Relations. Thank you. You may begin.

Keith Fanneron

Thank you, and welcome to Aviat Networks third quarter fiscal 2021 results conference call and webcast. You can find our Form 10-Q, press release and updated investor presentation in the IR section of our website at www.aviatnetworks.com, along with a replay of today's call in approximately two hours.

With me today are Pete Smith, Aviat's President and CEO, who will begin with opening remarks on the company's fiscal third quarter, followed by Eric Chang, our CFO, who'll review the financial results for the third quarter and first nine months of fiscal 2021. Pete will then provide closing remarks on Aviat's strategy and outlook followed by Q&A.

As a reminder, during today's call and webcast management may make forward-looking statements regarding Aviat's business, including but not limited to statements relating to financial projections, business drivers, new products and expansions, the impact of COVID-19 and economic activity in different regions.

These and other forward-looking statements reflect the company's opinions only as of the date of this call, and webcast and evolve assumptions, risks and uncertainties that could cause actual results to differ materially from

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Comments (2)

Sean0321 profile picture
Aviat won’t be able to compete against Ceragon in international markets and best-of-breed segment. Ceragon has better technology and better product roadmap ahead.
cwfuchs profile picture
Just listened to the Earnings Call Transcript and frankly
I liked it very much! CEO Pete Smith pointed out:
- as Aviats Business relies on projects it makes no sense to review
guidance on a quarterly basis TRUE
- All financial metrics without exception were improved and this
development will continue as the CEO prefers to be conservative
and keep on over-delivering
- Their 5G, SaaS Business as well as Aviats Shop are expected to
keep growing and thus substantially improving all their financial metrics.

Conclusion: as somebody already stated before 'Buy with both Hands'

On eventual dips I'll be adding shares

This is a great Company that is well managed!

Long AVNW!
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