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Aviat Networks Inc - AVNW STOCK NEWS

Welcome to our dedicated news page for Aviat Networks (Ticker: AVNW), a resource for investors and traders seeking the latest updates and insights on Aviat Networks.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Aviat Networks's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Aviat Networks's position in the market.

News
Aviat Networks Announces Fiscal 2024 Second Quarter and Six Month Financial Results, Increases Full Year Guidance
Rhea-AI Summary
Aviat Networks, Inc. (
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
19.22%
Tags
earnings
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News
Aviat Networks Sets Date for Its Fiscal 2024 Second Quarter Financial Results Announcement and Conference Call
Rhea-AI Summary
Aviat Networks, Inc. (AVNW) will release its second quarter fiscal 2024 financial results on February 6, 2024, after the market closes. The company will host an earnings conference call and webcast to discuss its financial and operational results on the same day. Participating on the call will be Pete Smith, President and Chief Executive Officer, and David Gray, Chief Financial Officer.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.2%
Tags
earnings
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News
Smartfren Telecom and Aviat Establish Strategic Collaboration in Indonesia
Rhea-AI Summary
Aviat Networks, Inc. (AVNW) partners with PT Smartfren Telecom Tbk (FREN) to deliver high-speed, reliable wireless connectivity and industry digitalization services to private networks across Indonesia. The partnership aims to capitalize on the $7.4 billion global market for private LTE and 5G networks by leveraging the unique capabilities of both companies to provide IoT technology, 4G/5G private networks, and ICT solutions to various vertical industries in Indonesia.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.27%
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none
News
Aviat Networks to Participate in Upcoming Investor Conferences
Rhea-AI Summary
Aviat Networks, Inc. (NASDAQ: AVNW) to Participate in Investor Conferences
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.52%
Tags
conferences
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News
Aviat Networks Completes the Acquisition of NEC's Wireless Transport Business
Rhea-AI Summary
Aviat Networks, Inc. (AVNW) has completed the acquisition of the Wireless Transport Business of NEC Corporation, significantly increasing the company's scale and enhancing its product portfolio. The acquisition was finalized for a total purchase price of $65.5 million, with $42.1 million in cash consideration and $23.4 million in stock consideration. The acquisition is expected to impact Aviat's fiscal 2024 second quarter earnings and will be reflected in the next earnings report.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.4%
Tags
acquisition
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News
Aviat Networks Elects Laxmi Akkaraju to Board of Directors
Rhea-AI Summary
Aviat Networks, Inc. (NASDAQ: AVNW) announced the retirement of Jim Stoffel from the Board of Directors after 16 years of service. Shareholders elected Laxmi Akkaraju, an independent expert in telecom and strategy, to replace Stoffel. Akkaraju's appointment is effective November 8, 2023. She will serve on the audit committee. The company expressed gratitude for Stoffel's contributions and welcomed Akkaraju's wealth of experience in telecom, strategy, international business, and leadership.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.52%
Tags
management
News
Aviat Networks to Participate in Upcoming Investor Conferences
Rhea-AI Summary
Aviat Networks, Inc. (NASDAQ: AVNW) will participate in the Roth MKM 12th Annual New York Technology Conference on November 15, 2023, and the Oppenheimer 4th Annual 5G Summit on December 11, 2023. Investors can schedule meetings with the company through their representatives. Presentation materials will be available on Aviat's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.26%
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conferences
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News
Aviat Networks Announces Fiscal 2024 First Quarter Financial Results
Rhea-AI Summary
Aviat Networks reports total revenue of $87.6 million, up 7.8% YoY. GAAP operating income increases by 41.8% YoY to $5.5 million. Adjusted EBITDA rises by 13.1% YoY to $12.1 million. Operating cash flows reach $14.0 million. North America revenue grows by 13.6% YoY to $55.5 million. International revenue decreases by 1.1% YoY to $32.1 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
15.61%
Tags
earnings
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News
Aviat Networks Sets Date for Its Fiscal 2024 First Quarter Financial Results Announcement and Conference Call
Rhea-AI Summary
Aviat Networks to release Q1 fiscal 2024 financial results
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Rhea-AI Sentiment
End-of-Day
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Tags
earnings
News
Aviat Networks Secures $50 Million in Orders from Two New U.S. Statewide Public Safety Projects
Rhea-AI Summary
Aviat Networks receives orders totaling over $50M for statewide public safety networks, utilizing high-power microwave radios and management software. Confidence in future business prospects from government funding sources.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.87%
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none
Stock AVNW logo
Aviat Networks Inc

Nasdaq:AVNW

AVNW Rankings

#3111 Ranked by Market Cap
#3449 Ranked by Stock Gains
N/A Ranked by Dividends

AVNW Stock Data

415.57M
11.30M
10.08%
75%
4.53%
Radio and Television Broadcasting and Wireless Communications Equipment Manufacturing
Manufacturing
Link
United States
Austin

About AVNW

aviat networks, inc. (nasdaq: avnw) is a leading global provider of microwave networking solutions transforming communications networks to handle the exploding growth of ip-centric, multi-gigabit data services. with more than 750,000 systems installed around the world, aviat networks provides lte-proven microwave networking solutions to mobile operators, including some of the largest and most advanced 4g/lte networks in the world. public safety, utility, government and defense organizations also trust aviat networks’ solutions for their mission-critical applications where reliability is paramount. in conjunction with its networking solutions, aviat networks provides a comprehensive suite of localized professional and support services enabling customers to effectively and seamlessly migrate to next generation carrier ethernet/ip networks. for more than 50 years, customers have relied on aviat networks’ high performance and scalable solutions to help them maximize their investments and s