Aviat Networks Announces Fiscal 2020 Second Quarter and Six Months Financial Results

Go back to Aviat Networks Announces Fiscal 2020 Second Quarter and Six Months Financial Results

Aviat Networks (AVNW) Misses Q2 EPS, Revs

February 6, 2020 4:03 PM EST

Aviat Networks (NASDAQ: AVNW) reported Q2 EPS of ($0.17), $0.68 worse than the analyst estimate of $0.51. Revenue for the quarter came in at $56 million versus the consensus estimate of $57.77 million.

Pete Smith, Aviat Networks' President and Chief Executive Officer stated, \"As we announced on January 22nd, our fiscal 2020 second quarter results were adversely impacted by a cyberattack at one of our contract manufacturing vendors, which constrained capacity by approximately three weeks and... More