Aviat Networks Q3 EPS Miss, Stock Plunges 35%

Aviat Networks reported Q3 FY2026 EPS of $0.06 versus $0.48 forecast, an 87.5% negative surprise.
Revenue fell 11.2% YoY to $100 million, missing the $107.53 million estimate by 7%.
After the release, shares plunged 34.73% in after‑hours, closing at $15.09, near a 52‑week low.
Management highlighted MDU, utilities and BEAD program as growth drivers, projecting FY2027 revenue contribution and FY2026 full‑year revenue $428‑$440 million.