STOCK TITAN

Aviat Networks Inc - AVNW STOCK NEWS

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), a global leader in microwave networking and wireless transport solutions, maintains this dedicated news hub for investors and industry professionals. Access timely updates on corporate developments, technological innovations, and strategic initiatives that power mission-critical communications worldwide.

This resource consolidates official press releases and verified news coverage related to AVNW's operations across 170+ countries. Users will find updates on network infrastructure deployments, regulatory compliance achievements, and partnership announcements within the wireless transport sector.

The page features categorized updates including quarterly financial results, product launch announcements, and strategic acquisition details. Additional coverage spans technology certifications, public safety network upgrades, and industrial wireless access developments.

Bookmark this page for streamlined access to AVNW's latest advancements in microwave radio systems, network management software, and specialized solutions for government and defense applications. Check regularly for updates shaping the future of secure, high-capacity wireless communications.

Rhea-AI Summary

Aviat Networks, Inc. (NASDAQ: AVNW) will present at the 16th Annual Needham Virtual Technology & Media Conference on May 17, 2021, from 1:30 PM to 2:10 PM ET. Presenters include CEO Pete Smith, CFO Eric Chang, and VP Keith Fanneron. They will also offer one-on-one virtual meetings with interested investors throughout the day. With over one million systems sold in 170 countries, Aviat is a leader in wireless transport solutions, providing dependable products and services to government and defense organizations.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.99%
Tags
none
-
Rhea-AI Summary

Aviat Networks (NASDAQ: AVNW) has partnered with Union Wireless to enhance its network by utilizing Aviat's all-outdoor WTM radio systems. This collaboration aims to improve backhaul capacity for Union Wireless, which operates in Wyoming, Colorado, Utah, and Idaho. The Aviat Store's e-commerce platform will streamline purchasing and installation processes. Aviat's radios are noted for their high system gain and multi-band functionality, reducing total ownership costs. This partnership supports Union Wireless in providing better broadband access to rural communities.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.02%
Tags
none
-
Rhea-AI Summary

Aviat Networks, a leader in wireless transport solutions, announced participation in Oppenheimer's 6th Annual Emerging Growth Conference from May 11-13, 2021. Key executives including CEO Pete Smith, CFO Eric Chang, and VP of Global Finance Keith Fanneron will engage in one-on-one investor meetings. With over one million systems sold in 170 countries, Aviat provides reliable products and services to various sectors, including government and defense. Founded over 70 years ago, the company continues to innovate and enhance customer experiences.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-16.69%
Tags
conferences
Rhea-AI Summary

Aviat Networks (NASDAQ: AVNW) reported strong financial results for Q3 fiscal 2021, with total revenues of $66.4 million, an increase of 8.2% year-over-year. North America saw significant growth, with revenues rising 12.8% to $42.0 million. The company achieved a GAAP net income of $94.7 million or $8.00 per share, driven by a one-time tax benefit. Adjusted EBITDA improved to $7.3 million from $3.5 million a year ago, indicating effective operational strategies. The introduction of the new WTM4000 software aims to enhance customers' cost efficiency in microwave links.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-16.69%
Tags
-
Rhea-AI Summary

Aviat Networks (AVNW) will release its third quarter fiscal 2021 results on May 5, 2021, after market close. This announcement covers the financial performance for the period ending April 2, 2021. An earnings conference call will be held on the same day at 5:00 p.m. ET, featuring key executives including CEO Pete Smith and CFO Eric Chang. Interested parties can access the call via Aviat's Investor Relations website. Aviat Networks specializes in wireless transport solutions, serving customers across 170 countries with a comprehensive suite of products and services.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.78%
Tags
-
Rhea-AI Summary

Aviat Networks (NASDAQ: AVNW) has secured a multi-million-dollar contract with Africell, a mobile operator with over 12 million subscribers in Africa, to implement a 5G-ready disaggregated transmission network across several African nations. This project, scheduled for Q2 2021, marks Africell's first TIP-compliant DCSG initiative. Aviat will supply its WTM 4000 and WTM 4800 point-to-point radios and CTR microwave switches. The deployment is a strategic move as Africell aims to meet the increasing demand for high-speed mobile internet services.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.31%
Tags
none
Rhea-AI Summary

Aviat Networks (NASDAQ: AVNW) has launched A2C+, an innovative software for the WTM 4000 radio platform that doubles microwave link capacity without extra equipment. This technology reduces capital and operational expenses, delivering significant cost benefits. Key features include enhanced system performance, up to 12 dB more system gain, increased link uptime, and lower power consumption. A2C+ provides a simplified deployment process and is now available for shipping, marking a significant advancement in network modernization.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.56%
Tags
none
-
Rhea-AI Summary

Aviat Networks (NASDAQ: AVNW) has announced a two-for-one stock split, approved by its Board of Directors, to increase stock accessibility for a wider range of investors. Each stockholder of record on April 1, 2021 will receive one additional share for each share held, with distribution set for after trading closes on April 7, 2021. This decision reflects Aviat's commitment to enhancing shareholder value as the company continues to lead in wireless transport solutions. The firm has sold over one million systems globally, serving various sectors including government and defense.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.59%
Tags
none
-
Rhea-AI Summary

Aviat Networks, a leader in wireless transport solutions, announced participation in the 33rd Annual Roth Conference, scheduled for March 15-17, 2021. Key executives, including President and CEO Pete Smith and CFO Eric Chang, will meet with investors on a one-on-one basis. The company, headquartered in Austin, Texas, has sold over one million systems across 170 countries, serving various sectors such as government and defense. For more details, visit Aviat Networks.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.63%
Tags
conferences
Rhea-AI Summary

Aviat Networks (NASDAQ: AVNW) has partnered with LTD Broadband, a leading ISP, to aid its expansion using Aviat's WTM 4000 microwave systems. LTD Broadband, awarded $1.3 billion from the Rural Digital Opportunity Fund (RDOF), aims to enhance connectivity across several US states including Iowa and Minnesota. Aviat's innovative technology allows for faster deployment, improved system performance, and reduced costs. This collaboration opens significant opportunities with RDOF funding while addressing the critical need for reliable internet access in rural regions.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
23.96%
Tags
none
Aviat Networks Inc

Nasdaq:AVNW

AVNW Rankings

AVNW Stock Data

218.35M
11.43M
9.87%
75.86%
6.17%
Communication Equipment
Radio & Tv Broadcasting & Communications Equipment
Link
United States
AUSTIN