Aviat Networks, Inc. announced the resignation of CFO Michael Connaway and the appointment of Andrew Fredrickson as the Interim CFO.
Preliminary results for the fiscal fourth quarter ended June 27, 2025, were disclosed.
The Company provided estimates for GAAP net income and non-GAAP Adjusted EBITDA for the fourth quarter.
CFO Transition
Michael Connaway resigns, Andrew Fredrickson appointed as Interim CFO.
Preliminary Results
GAAP net income estimated to be greater than $4.5 million, non-GAAP Adjusted EBITDA estimated to be greater than $14.0 million for the fourth quarter.
Forward-Looking Statements
Management's expectations, risks, uncertainties, and factors affecting actual results were discussed.
- The CFO transition may impact the company's financial strategies and decision-making process in the short term.
- The increase in estimated net income and Adjusted EBITDA reflects positive performance compared to the year-ago period.
Aviat Networks' CFO transition and preliminary results indicate changes within the company's leadership and financial performance. Investors should stay informed about the impact of these developments on Aviat's future outlook.