Aviat Networks (AVNW) Posts Q4 Loss of 8c/Share; Guides Q1 Revenue Inline
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Aviat Networks Announces Fourth Quarter and Fiscal Year 2015 Financial Results
September 30, 2015 7:00 PM EDTSANTA CLARA, Calif., Sept. 30, 2015 /PRNewswire/ -- Aviat Networks, Inc. (NASDAQ: AVNW), the leading expert in microwave networking solutions, today reported financial results for the fourth quarter and fiscal year 2015, which ended July 3, 2015.
Financial Highlights for Q4FY15
Revenue at $87.8 million Book to bill was above 1 GAAP Gross Margin at 21.3%; Non-GAAP Gross Margin at 21.4% GAAP Operating Expense at $23.9 million; Non-GAAP Operating Expense at $23.2 million GAAP Net Loss Attributable to Aviat Networks at $(1.6) million, or $(0.03) per share Non-GAAP Loss from Continuing Operations... More