Aviat Networks (AVNW) announced its fourth-quarter fiscal year 2026 results for the period ending August 27, with revenue reaching $120.9 million, a 4.8% year-over-year increase, and backlog growing 14% to $367 million. However, non-GAAP earnings per share decreased to $0.64 from $0.83 in the same period last year, and non-GAAP gross margin declined from 34.7% to 30.9%, primarily due to shortages and price increases of components such as memory and printed circuit boards. The company projects fiscal year 2027 revenue to be between $455 million and $470 million and continues to increase investment in its private network business, which currently accounts for approximately 45% of total revenue.