Welcome to our dedicated page for Aviat Networks news (Ticker: AVNW), a resource for investors and traders seeking the latest updates and insights on Aviat Networks stock.
Aviat Networks, Inc. (NASDAQ: AVNW) is a wireless transport and access solutions provider serving communications service providers and private network operators, including state and local government, utility, federal government and defense organizations. This news page aggregates press releases, market announcements and other coverage related to Aviat’s operations, technology and corporate developments.
Readers can find updates on financial results, such as quarterly and annual earnings announcements, where Aviat reports product and services revenue, geographic performance in North America and international markets, and metrics like operating income and Adjusted EBITDA. These releases provide insight into how the company’s wireless transport and access business is performing over time.
The news feed also includes product and solution announcements, for example Aviat’s introduction of an Aprisa LTE 5G router solution for police, fire and emergency vehicles, and its partnership with Intracom Telecom to deliver Fixed Wireless Access solutions using high-capacity millimeter wave bands. Such items illustrate how Aviat applies its wireless expertise to public safety, enterprise and 5G access use cases.
Investors and followers of AVNW can track corporate and governance news, including executive appointments, changes in the finance leadership team, participation in investor conferences, and updates on credit facilities or other financing arrangements disclosed via press releases and SEC filings. Together, these items provide a view of Aviat’s strategic priorities and capital structure.
For anyone monitoring the AVNW stock or the broader wireless communications equipment sector, this page offers a centralized view of Aviat-related news, from earnings and governance updates to technology partnerships and public safety-focused solutions.
Aviat Networks reported a strong first quarter for fiscal 2021, ending October 2, 2020, with total revenues of $66.3 million, a 13.1% increase from the previous year. North America revenues rose 14.4% to $45.5 million, while international revenues grew by 10.3% to $20.8 million. Operating income improved to $6.6 million, and net income reached $5.9 million, reflecting significant operational efficiencies. The company introduced a full-year revenue guidance of $245 million to $255 million.
Aviat Networks (NASDAQ: AVNW) has shifted its fiscal year 2020 Annual Meeting of Stockholders to a virtual-only format due to COVID-19. The meeting will occur on November 11, 2020, at 12:30 p.m. Central Time, with access provided via a webcast link. Stockholders can find information regarding voting and participation in the proxy materials filed with the Securities and Exchange Commission on September 25, 2020 and supplemented on October 28, 2020. Aviat Networks continues to be a leader in wireless transport solutions, having sold over one million systems globally.
Aviat Networks, Inc. (NASDAQ: AVNW) will release its first quarter fiscal 2021 results on November 5, 2020, after market close. The results will cover the period ending October 2, 2020. An earnings conference call will follow at 5:00 p.m. ET on the same day, featuring executives Pete Smith, Eric Chang, and Keith Fanneron. Interested parties can access the live call via the company's Investor Relations website. Aviat Networks specializes in wireless transport solutions and has a strong presence in the market with over one million systems sold across 170 countries.
Aviat Networks reported its financial results for fiscal 2020, with a fourth-quarter revenue of $62.7 million, down 2.5% year-over-year. Despite this, Adjusted EBITDA reached $13.5 million, exceeding guidance and marking a 50% increase from the prior year. North America revenues rose 14.2% while international revenues fell by 21.7%. GAAP net income for Q4 was $1.1 million, a decrease from $3.8 million in Q4 2019. The company expects growth in both Adjusted EBITDA and revenues for fiscal 2021, driven by new products and a focus on strategic partnerships.
Aviat Networks (NASDAQ: AVNW) will report its fiscal 2020 fourth quarter and full-year financial results for the period ending July 3, 2020, on August 27, 2020, after market close. A teleconference will follow at 4:30 p.m. Eastern for management to discuss the results and outlook, featuring comments from CEO Pete Smith and CFO Eric Chang. Interested parties can join via phone or webcast. Aviat Networks specializes in wireless transport solutions, serving diverse sectors including government and utilities.
Aviat Networks, Inc. (NASDAQ: AVNW) announced field test results with Ameren and EPRI to assess unlicensed device interference on licensed microwave links in the 6GHz band. The tests conducted on an 18.5-mile microwave link showed that both unlicensed devices caused interference, with IEEE 802.11ax causing less disruption than a Part 15 compliant radio. The new Frequency Assurance Software (FAS) effectively detected interference events. This testing underscores the significance of FAS in maintaining the reliability of licensed microwave links amid the emergence of unlicensed devices.
Aviat Networks, Inc. (NASDAQ: AVNW) announced the launch of Hosted FAS, a turnkey software and service for microwave link interference management. This hosted solution is accessible via AviatCloud, eliminating the need for customers to manage servers and software updates. Based on Aviat's patent-pending FAS Expert System, Hosted FAS provides interference monitoring and trend analysis. The solution aims to optimize customer networks without significant capital investment. Demand is strong, with multiple purchase orders already received, and it is currently in use on two public safety networks in the western USA.
Aviat Networks (NASDAQ: AVNW) announced that Safaricom, Kenya's largest telecom company, has chosen its WTM 4800 multi-band radio platform for 5G backhaul. This solution reduces the total cost of ownership (TCO) for 5G backhaul by combining microwave and E-band technologies, effectively lowering spectrum costs in markets where they are high. The WTM 4800 streamlines deployment as it is a single-box solution, simplifying the process compared to multi-box alternatives. Aviat aims to leverage its capabilities to support increasing 5G rollout demands.
Aviat Networks (NASDAQ: AVNW) has been added to the Russell Microcap® Index effective June 29, 2020, enhancing its visibility among investors. This inclusion lasts for one year and comes as part of the 2020 Russell indexes reconstitution. Being part of this index provides Aviat automatic inclusion in relevant growth and value indexes, beneficial for attracting institutional investors. FTSE Russell indexes are benchmarks for $9 trillion in assets, making this membership a potential advantage for Aviat and its shareholders as they execute their strategic financial plans.
Aviat Networks (NASDAQ: AVNW) announced a partnership with Netronics Communications to enhance microwave solutions in the Middle East, North Africa, and Central Asia. This collaboration aims to integrate Aviat's WTM 4000 platform into Netronics' NetStream product family, addressing capacity and reliability needs in the region. The agreement is expected to upgrade existing radio links, benefiting both companies by leveraging their strengths to meet growing customer demands.
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