Aviat Networks Announces Fiscal 2019 Fourth Quarter and Year-end Financial Results

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Aviat Networks (AVNW) Reports Q4 EPS of $0.47

August 27, 2019 4:03 PM EDT

Aviat Networks (NASDAQ: AVNW) reported Q4 EPS of $0.47, versus $0.51 reported last year. Revenue for the quarter came in at $64.2 million, versus $62.5 million reported last year.

Michael Pangia, President and Chief Executive Officer of Aviat Networks stated, "While our fiscal 2019 fourth quarter results came in below prior expectations, much of it was due to the current spending environment in Africa and a few deals in North America that moved into our fiscal 2020 first quarter. Notwithstanding Africa, we had a strong quarter and full year, and executed on our plan. Our business in North... More