Aviat Networks (AVNW) Misses Q3 EPS by 2c

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Aviat Networks Announces Third Quarter of Fiscal 2015 Financial Results

May 7, 2015 4:06 PM EDT

SANTA CLARA, Calif., May 7, 2015 /PRNewswire/ -- Aviat Networks, Inc. (NASDAQ: AVNW), the leading expert in microwave networking solutions, today reported preliminary financial results for the third quarter of fiscal 2015, which ended April 3, 2015.

Financial Highlights for Q3FY15

Revenue at $74.8 million Book to bill was above 1 GAAP Gross Margin at 23.5%; Non-GAAP Gross Margin at 23.7% GAAP Operating Expense at $27.7 million; Non-GAAP Operating Expense at $23.8 million GAAP Net Loss including discontinued operations at $(11.5) million, or $(0.18) per share Non-GAAP Loss from Continuing... More