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Aviat Networks Inc (AVNW.OQ)

AVNW.OQ on NASDAQ Stock Exchange Global Select Market

15.60USD
22 Oct 2018
Change (% chg)

$-0.30 (-1.89%)
Prev Close
$15.90
Open
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Volume
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Latest Key Developments (Source: Significant Developments)

Aviat Networks Expands Business With U.S. Navy
Friday, 5 Oct 2018 

Oct 5 (Reuters) - Aviat Networks Inc ::AVIAT NETWORKS EXPANDS BUSINESS WITH THE U.S. NAVY.AVIAT NETWORKS INC - NEW PROJECT WINS WITH U.S. NAVY TO IMPROVE COMMUNICATIONS AT NAVAL TRAINING BASES.  Full Article

Aviat Networks Q4 Earnings Per Share $0.01
Tuesday, 28 Aug 2018 

Aug 28 (Reuters) - Aviat Networks Inc ::AVIAT NETWORKS ANNOUNCES FISCAL 2018 FOURTH QUARTER AND YEAR-END FINANCIAL RESULTS.Q4 NON-GAAP EARNINGS PER SHARE $0.51 FROM CONTINUING OPERATIONS.Q4 GAAP EARNINGS PER SHARE $0.01 FROM CONTINUING OPERATIONS.Q4 REVENUE ROSE 10.8 PERCENT TO $62.5 MILLION.SEES FY 2019 REVENUE $255 MILLION TO $265 MILLION.Q4 NON-GAAP EARNINGS PER SHARE $0.51.Q4 EARNINGS PER SHARE $0.01.SEES FY 2019 REVENUE UP ABOUT 5.2 TO 9.3 PERCENT.  Full Article

Aviat Networks Says Entered Into A Third Amended And Restated Loan And Security Agreement
Friday, 29 Jun 2018 

June 29 (Reuters) - Aviat Networks Inc ::AVIAT NETWORKS SAYS ENTERED INTO A THIRD AMENDED AND RESTATED LOAN AND SECURITY AGREEMENT - SEC FILING.AVIAT NETWORKS - LOAN FACILITY AMENDS & RESTATES CO'S EXISTING SECOND AMENDED AND RESTATED LOAN AND SECURITY AGREEMENT, DATED AS OF MARCH 28, 2014.AVIAT NETWORKS INC - FACILITY PROVIDES FOR $30 MILLION ACCOUNTS RECEIVABLE FORMULA BASED REVOLVING CREDIT FACILITY, WITH $30 MILLION SUBLIMIT.  Full Article

Aviat Networks Says Board Approved A Realignment Plan To Effect Internal Transition Of Functions, Job Roles And Responsibilities
Monday, 25 Jun 2018 

June 25 (Reuters) - Aviat Networks Inc ::AVIAT NETWORKS INC - ON JUNE 20, BOARD OF CO APPROVED A REALIGNMENT PLAN TO EFFECT INTERNAL TRANSITION OF FUNCTIONS, JOB ROLES AND RESPONSIBILITIES.AVIAT NETWORKS-REALIGNMENT PLAN IS ANTICIPATED TO ENTAIL REDUCTION IN FORCE OF ABOUT 34 EMPLOYEES TO BE IMPLEMENTED DURING COMPANY'S 2019 FISCAL YEAR.AVIAT NETWORKS INC - COMPANY ALSO ANTICIPATES ADDING CERTAIN EMPLOYEES IN KEY AREAS.AVIAT NETWORKS INC - WILL INCUR MATERIAL CHARGES AS RESULT OF REALIGNMENT PLAN, MAJORITY OF WHICH ARE EXPECTED TO BE INCURRED IN Q4 2018, H1 2019.AVIAT NETWORKS INC - ESTIMATES REALIGNMENT PLAN CHARGES WILL BE ABOUT $3.0 MILLION AND ABOUT $0.5 MILLION IN SHARE-BASED COMPENSATION.AVIAT NETWORKS INC - ANTICIPATES REALIGNMENT PLAN WILL GENERATE ABOUT $1.2 MILLION IN SAVINGS IN FISCAL 2019.  Full Article

Aviat Networks Announces Stock Repurchase Program
Tuesday, 15 May 2018 

May 15 (Reuters) - Aviat Networks Inc ::AVIAT NETWORKS ANNOUNCES STOCK REPURCHASE PROGRAM.AVIAT NETWORKS - MAY BUY UP TO $7.5 MILLION OF OUTSTANDING COMMON STOCK BEGINNING MAY 17.  Full Article

Aviat Networks awarded $3.0 million project with USGS
Wednesday, 15 Nov 2017 

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 

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