Key Developments: Aviat Networks Inc (AVNW.O)
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24 May 2013
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Latest Key Developments (Source: Significant Developments)
Aviat Networks Inc Issues Q4 2013 Guidance Below Analysts' Estimates
Aviat Networks Inc announced that based on current trends, the fourth quarter of 2013 revenue outlook range is expected to be between $105 million and $115 million, non-GAAP income from continuing operations is expected to be in the range of $0.00-$0.03 per diluted share. According to I/B/E/S Estimates, analysts are expecting the Company to report revenues of $121 million and EPS of $0.06 for fourth quarter of 2013. Full Article
Aviat Networks Inc Secures $10 Million Microwave Backhaul Contract For Large U.S. Metropolitan Area
Aviat Networks Inc announced that it received orders worth over $10 million for a combination of microwave backhaul equipment and services to support the public safety network of one of the city municipalities in the United States. This win reinforces Aviat's position as the trusted supplier for first responder microwave systems. A proportion of the revenue was recorded in the company's second fiscal quarter with the balance to be spread over the next two to three quarters. Full Article
Aviat Networks Inc Issues Q3 2013 Revenue Guidance In Line With Analysts' Estimates
Aviat Networks Inc announced that for third quarter of 2013, it expects revenue in the range of $115-$121 million. Non-GAAP income from continuing operations to be in the range of $0.02-$0.06 per diluted share (EPS). According to I/B/E/S Estimates, analysts are expecting the Company to report revenues of $120 million for third quarter of 2013. Full Article
Aviat Networks Inc Raises Q2 2013 Revenue Guidance
Aviat Networks Inc updated guidance for the second quarter of 2013 and expects revenues to exceed the Company's prior guidance range. Revenue are expected to be in the range of $123 million - $126 million; prior guidance range was $115 million-$120 million. Full Article
Aviat Networks Inc Issues Q2 2013 Revenue Guidance In Line With Analysts' Estimates
Aviat Networks Inc announced that for the second quarter of 2013, it expects revenue outlook to be in the range of $115-$120 million. According to I/B/E/S Estimates, analysts are expecting the Company to report revenues of $115 million for the second quarter of 2013. Full Article
Aviat Networks Inc Signs Agreement To Provide Managed Network Services To Mobile Operator Etisalat Nigeria
Aviat Networks Inc announced a service level agreement (SLA) to provide Emerging Markets Telecommunications Services (EMTS), operating as Etisalat Nigeria, with a comprehensive suite of Managed Network Services. Specifically, Aviat Networks is establishing a Network Operations Center (NOC) to operate 50 hops of Etisalat's Enterprise Data Network, comprising 100 radios of the Eclipse Packet Node microwave networking solution, on the mobile operator's network nationwide within Nigeria. In addition, the Company will implement the following: ProVision, Aviat Networks' carrier-class element management system (EMS), for total network surveillance, fault escalation and reporting with up to six months of performance data stored for analysis; and Comprehensive Spares Management Program (SMP) for the quick replacement of mission-critical components in the field Full Article
Aviat Networks Inc Issues Q1 2013 Revenue Guidance In Line With Analysts' Estimates
Aviat Networks Inc announced that for the first quarter of 2013, it expects revenue to be in the range of $111 million-$116 million. According to I/B/E/S Estimates, analysts are expecting the Company to report revenues of $114 million for the first quarter of 2013. Full Article
East Bay Regional Communications System Signs Agreement For 24/7 Network Operations Center Services with Aviat Networks
Aviat Networks, Inc. announced a multi-year agreement with the East Bay Regional Communications System (EBRCS) to provide mission-critical 24/7 remote monitoring for its public safety network through Aviat Networks' Network Operations Centers (NOCs). Aviat Networks will remotely monitor and manage EBRCS radio sites that unify first responder communications throughout Alameda and Contra Costa counties around the clock from its primary NOC in Texas. A backup NOC in Silicon Valley will provide disaster recovery services for this emergency communications system (EMS). Geographically diverse NOC locations assure that any localized natural disasters will not affect management or security of this vital public infrastructure. Full Article
Aviat Networks, Inc. Issues Q4 2012 Revenue Guidance In Line With Analysts' Estimates-Conference Call
Aviat Networks, Inc. announced that for fourth quarter of 2012, it expects revenues to be in the range of $107-$115 million. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of $111 million for fourth quarter of 2012. Full Article
Aviat Networks, Inc. Announces Agreement With Basin Electric Power Cooperative
Aviat Networks, Inc. announced an agreement to provide Basin Electric Power Cooperative with its industry Eclipse Packet Node microwave platform solution. Aviat Networks will supply the Eclipse Packet Node platform backed by turnkey professional services to completely replace their existing North Dakota and South Dakota network. The multi-million dollar agreement with Basin Electric continues Aviat Networks' relationship with this electric utility to more than 15 years. Utilizing Basin Electric's infrastructure at existing radio sites, Aviat Networks will roll out a replacement network based on the Eclipse Packet Node microwave platform, a Hybrid radio that supports existing TDM and future IP traffic in native formats for maximum throughput and lowest latency. Eclipse Packet Node's enhanced system gain feature and Adaptive Coding and Modulation (ACM) technology enables upgrading of Basin Electric's 45Mbps infrastructure to 360Mbps throughput at the same antenna sizes. This upgrade will significantly increase the capacity of the microwave network to accommodate Basin Electric's traffic growth. The Company's Professional Services team will design the network and provide full turnkey services to Basin Electric to have the microwave network in place in North Dakota and South Dakota by the first quarter of 2013. Full Article
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