Aviat Networks (AVNW) Reports Q1 Loss of $0.12 on Revenues of $60.5M; Offers FY19 Revenue Outlook
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Aviat Networks Announces Fiscal 2019 First Quarter Financial Results
November 12, 2018 4:05 PM ESTMILPITAS, Calif., Nov. 12, 2018 /PRNewswire/ -- Aviat Networks, Inc. (NASDAQ: AVNW), ("Aviat Networks" or the "Company"), the leading expert in microwave networking solutions, today reported financial results for its fiscal 2019 first quarter ended September 28, 2018.
Commenting on the Company's fiscal 2019 first quarter results and business activity, Michael Pangia, President and Chief Executive Officer of Aviat Networks stated, "While our first quarter results came in below our expectations, our business grew and remained profitable on an Adjusted EBITDA basis. We expect a strong second quarter and remain on track for growth and improved... More
