Aviat Networks (AVNW) Affirms Q2 Sales Outlook and Announces Conference Call Timing

Aviat Networks, Inc. (NASDAQ: AVNW), a leading expert in wireless transmission solutions, today reaffirmed guidance for its second quarter of fiscal 2012. Revenue for the second quarter is expected to be in the range of $100 to $110 million, which is inline with the consensus of $106.26 million.

"During our second quarter, both bookings and revenue remained solid and our business visibility improved," said Michael Pangia, CEO. "During our earnings call in November 2011, we indicated that we would be assessing the impact of the natural disaster in Thailand. We're gratified to report that our contract manufacturing facility in Thailand has recovered from the recent flooding and is now fully operational. We managed to minimize the impact to our customers on November and December deliveries through our safety stock inventory and swift execution of our Disaster Recovery Process. We continue to work closely with our supply chain to ensure a return to standard lead-times by the end of January. We look forward to discussing overall business trends, as well as earnings results in more detail on our regularly-scheduled earnings call on February 1, 2012."

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