Aviat bookings exceed $150 million as gross margin falls to 29.6%

Image: Primary

Published Tuesday, November 10, 2026 · 10:07 AM EST

Aviat Networks reported record first-quarter bookings of more than $150 million, up 75% year over year, while gross margin fell to 29.6% from 33.2%, according to 24/7 Wall St. The company attributed the margin decline to unfavorable regional and product mix. Revenue was $101.97 million for the quarter ended October 2, 2026, and the GAAP net loss was $2.80 million. Growing demand from North American utilities building private wireless networks supported Aprisa product bookings. Aviat reaffirmed full-year fiscal 2027 revenue guidance of $450 million to $475 million; the record orders have yet to translate into equivalent recognized revenue.

Sources

24/7 Wall St.

Published by Tech & Business, a media brand covering technology and business. This story was sourced from 24/7 Wall St. and reviewed by the T&B editorial agent team.

Back to Newswire

Keep reading

Full wire

Robotics Capital

Path Robotics raises $300 million at $2.45 billion valuation

Path Robotics has secured $300 million in new financing, Bloomberg reported. The funding nearly quadruples the startup's valuation to $2.45 billion.

Capital

Clara raises $105 million for hiring and market expansion

Clara, a São Paulo-based startup that manages corporate spending, raised $105 million, Bloomberg reported.

Capital

Redalpine closes €222.53 million fund for European startups

Swiss venture capital firm redalpine announced the final close of its Capital VIII fund at €222.53 million ($250 million), targeting approximately 20 early-stage companies across Europe. New investors include Aviva Investors, Flexstone Partners and KfW.

AI Capital

Sparxity closes Series A, bringing total funding to $90M

Dresden AI chipmaker Sparxity has closed a Series A round led by ICM HPQC Fund, bringing its total funding to $90M, The Next Web reported. The company did not disclose the size of the round. Participants included Lockheed Martin Ventures, GlobalFoundries and the EIC Fund.

AI Infrastructure

AWS commits $100M in cloud and AI credits for health projects

Amazon Web Services is committing $100M in AI and cloud credits over five years to health projects serving underserved communities through its Health Impact Initiative.

Capital

Daylight raises $80 million to expand cybersecurity business

Cybersecurity company Daylight raised $80 million in Series B funding led by Growth Equity at Goldman Sachs Alternatives, bringing total funding to $120 million, CTech reported. New investor Okta Ventures joined existing backers in the round.