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Aviat Networks Inc (AVNW.OQ)

AVNW.OQ on NASDAQ Stock Exchange Global Select Market

16.71USD
19 Jun 2018
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Latest Key Developments (Source: Significant Developments)

Aviat Networks Q3 GAAP Loss Per Share $0.49 From Continuing Operations
Monday, 14 May 2018 04:13pm EDT 

May 14 (Reuters) - Aviat Networks Inc ::AVIAT NETWORKS ANNOUNCES FISCAL 2018 THIRD QUARTER AND NINE-MONTH FINANCIAL RESULTS.Q3 NON-GAAP LOSS PER SHARE $0.26 FROM CONTINUING OPERATIONS.Q3 GAAP LOSS PER SHARE $0.49 FROM CONTINUING OPERATIONS.Q3 REVENUE ROSE 5.8 PERCENT TO $62.1 MILLION.SEES FY 2018 REVENUE $243 MILLION TO $250 MILLION.SEES Q4 2018 REVENUE $63 MILLION TO $70 MILLION.BOARD AUTHORIZED A STOCK REPURCHASE PROGRAM, TO PURCHASE UP TO $7.5 MILLION OF COMMON STOCK.  Full Article

Aviat Networks Q2 Earnings Per Share $0.90
Thursday, 8 Feb 2018 04:05pm EST 

Feb 8 (Reuters) - Aviat Networks Inc ::AVIAT NETWORKS ANNOUNCES SECOND QUARTER OF FISCAL 2018 FINANCIAL RESULTS.Q2 NON-GAAP EARNINGS PER SHARE $0.53 FROM CONTINUING OPERATIONS.Q2 GAAP EARNINGS PER SHARE $0.90 FROM CONTINUING OPERATIONS.Q2 REVENUE FELL 9.9 PERCENT TO $61.7 MILLION.SEES FY 2018 REVENUE $245 MILLION TO $255 MILLION.SEES Q3 2018 REVENUE $62 MILLION TO $65 MILLION.Q2 EARNINGS PER SHARE $0.90.  Full Article

Aviat Networks awarded $3.0 million project with USGS
Wednesday, 15 Nov 2017 09:00am EST 

Nov 15 (Reuters) - Aviat Networks Inc :Aviat networks awarded $3.0 million project with usgs.Aviat networks - new system to be used by earthquake science center to transport geophysical, seismographic data,security video to/from various sites.  Full Article

Aviat Networks Q1 revenue fell 3.5 pct to $56.2 million
Monday, 13 Nov 2017 04:01pm EST 

Nov 13 (Reuters) - Aviat Networks Inc :Aviat Networks announces first quarter of fiscal 2018 financial results.Q1 non-GAAP loss per share $0.12 from continuing operations.Q1 GAAP loss per share $0.12 from continuing operations.Q1 revenue fell 3.5 percent to $56.2 million.Sees FY 2018 revenue $245 million to $255 million.Sees Q2 2018 revenue $60 million to $63 million.Aviat Networks Inc sees ‍Q2 non-GAAP gross margins in range of 31.5 pct and 33.0 pct​.Aviat Networks Inc sees ‍2018 full year non-GAAP gross margins between 31.5 pct to 32.5 pct​.  Full Article

Aviat networks says co entered into Amendment No. 8 to Second Amended and Restated Loan Agreement​
Friday, 22 Sep 2017 06:27am EDT 

Sept 22 (Reuters) - Aviat Networks Inc :Aviat Networks Inc - ‍on September 21, 2017, Aviat Networks, entered into Amendment No. 8 to Second Amended and Restated Loan Agreement​.Aviat Networks -‍ among others, amendment allows up to 30 percent of Singapore borrower's accounts receivable to be included in calculation of borrowing base​.  Full Article

Aviat Networks Q4 non-GAAP loss per share $0.03 from continuing operations
Wednesday, 6 Sep 2017 04:06pm EDT 

Sept 6 (Reuters) - Aviat Networks Inc :Aviat Networks announces fiscal 2017 fourth quarter and year-end financial results.Q4 non-GAAP loss per share $0.03 from continuing operations.Q4 GAAP loss per share $0.28 from continuing operations.Sees Q1 2018 revenue $57 million to $60 million.Q4 revenue fell 3.1 percent to $56.4 million.Sees FY 2018 revenue $245 million to $260 million.Q4 loss per share $0.28.Aviat Networks Inc - ‍for fiscal year 2018, non-GAAP gross margin is expected to be approximately in range of 31.5% to 32.5%​.Aviat Networks Inc - ‍non-GAAP gross margins are anticipated to be between 30.0% and 31.0% for Q1 of fiscal 2018​.  Full Article

Aviat announces $4 million in follow-on orders from Southeast USA
Wednesday, 14 Jun 2017 09:00am EDT 

June 14 (Reuters) - Aviat Networks Inc :Aviat announces $4 million in follow-on orders from southeast USA utilities.Aviat Networks Inc - orders were received in company's fiscal 2017 Q4.  Full Article

AVIAT NETWORKS AWARDED A NEW PROJECT WORTH IN EXCESS OF $2 MLN IN MIDDLE EAST
Tuesday, 23 May 2017 11:33am EDT 

May 23 (Reuters) - Aviat Networks Inc :AVIAT NETWORKS INC- AWARDED A NEW PROJECT WORTH IN EXCESS OF $2 MILLION WITH A "LARGE COUNTRY-WIDE DEFENSE AGENCY" IN MIDDLE EAST.  Full Article

Aviat Networks announces Q3 revenue $58.7 million
Wednesday, 10 May 2017 04:01pm EDT 

May 10 (Reuters) - Aviat Networks Inc :Aviat Networks announces third quarter of fiscal 2017 financial results.Q3 non-GAAP earnings per share $0.07 from continuing operations.Q3 GAAP loss per share $0.08 from continuing operations.Sees FY 2017 revenue $242 million to $247 million.Q3 revenue fell 2.9 percent to $58.7 million.Sees Q4 2017 revenue $57 million to $62 million.Aviat Networks Inc says company expects to post positive adjusted EBITDA in fiscal 2017, compared to an adjusted EBITDA loss of $11.5 million in fiscal 2016.  Full Article

Aviat Networks announces Q2 of fiscal 2017 financial results
Wednesday, 8 Feb 2017 04:01pm EST 

Aviat Networks Inc : Aviat Networks announces second quarter of fiscal 2017 financial results . Q2 non-GAAP earnings per share $0.57 from continuing operations . Q2 GAAP earnings per share $0.31 from continuing operations . Q2 revenue $68.5 million versus $70.4 million . Q2 earnings per share $0.31 . Revenue is expected to be in range of $130.0 - $140.0 million in second half of 2017 . Fiscal 2017 Q3 expected to be in low to mid $60 million range and fiscal 2017 Q4 higher, most likely in excess of $70.0 million . Anticipates it will report positive operating income in second half of year and positive adjusted EBITDA in both Q3, Q4 .Aviat Networks - Anticipates will report positive operating income in H2 of year, positive adjusted EBITDA in both fiscal 2017 third,fourth quarters.  Full Article

BRIEF-Aviat Networks Announces Stock Repurchase Program

* AVIAT NETWORKS - MAY BUY UP TO $7.5 MILLION OF OUTSTANDING COMMON STOCK BEGINNING MAY 17 Source text for Eikon: Further company coverage: (Reuters.Briefs@thomsonreuters.com)