Aviat Networks (AVNW) Reports Q3 Loss of $0.11/Share

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Aviat Networks Announces Fiscal 2016 Third Quarter Financial Results

May 11, 2016 4:01 PM EDT

SANTA CLARA, Calif., May 11, 2016 /PRNewswire/ -- Aviat Networks, Inc. (NASDAQ: AVNW), the leading expert in microwave networking solutions, today reported financial results for its fiscal 2016 third quarter ended April 1, 2016.

Commenting on the Company's fiscal 2016 third quarter results, Michael Pangia, President and CEO of Aviat Networks stated, "Our Private Networks business continues to gain momentum, and we've received notice of sizeable awards since the end of our fiscal third quarter.  Consistent with our past remarks, however, the Mobile Operator segment continues to face economic headwinds. We believe this will continue... More