Aviat Networks Announces Fiscal 2019 Second Quarter and Six Months Financial Results

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UPDATE: Aviat Networks (AVNW) Reports Q2 EPS of $0.54 on Revenues of $65.1M; Offers FY19 Revenue Guidance & Provides Fiscal Second Half Outlook

February 11, 2019 4:04 PM EST

(Updated - February 11, 2019 4:05 PM EST)

Aviat Networks (NASDAQ: AVNW) reported Q2 EPS of $0.54, versus $0.53 reported last year. Revenue for the quarter came in at $65.1 million, versus $61.7 million reported last year.

"We had a very strong second quarter, with revenue and Adjusted EBITDA coming in at the high-end of our most recent guidance. Bookings were exceptionally strong and through the first half of the year, our book to bill was above 1 and our backlog continued to build," stated Michael Pangia, President and Chief Executive Officer of Aviat Networks. "Our business is tracking... More