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.
Aviat Networks, a leader in wireless transport solutions, will present at the MicroCap Rodeo Winter Wonderland Conference from February 16-19, 2021. The company is scheduled to speak on February 17 at 1:30 pm EST, with opportunities for one-on-one meetings. Key presenters include CEO Pete Smith and CFO Eric Chang. This virtual event showcases 35 top investment ideas recommended by qualified institutional investors. Aviat, headquartered in Austin, Texas, has sold over one million systems in 170 countries, serving various sectors, including government and utilities.
Aviat Networks has been selected by DISH Network as a primary supplier for 5G microwave transport. The decision will enable DISH to leverage Aviat's advanced hardware and software solutions, aimed at enhancing high-capacity microwave wireless networks. Key offerings include a unique multi-band solution and highly efficient radios integrated with software-defined networking. This partnership comes as the 5G wireless transport market is projected to surpass $1B by 2023, highlighting the growing importance of microwave technology in the industry.
Aviat Networks reported record financial results for the fiscal 2021 second quarter, achieving revenues of $70.5 million, a 26.0% increase year-over-year. North America revenues reached $49.2 million, up 34.8%, driven by the Private Network segment. Key highlights include a GAAP net income of $6.6 million and an adjusted EBITDA of $10.1 million, showcasing operational efficiency. The company raised its full-year revenue guidance to $255 million - $265 million. With a strong balance sheet and no debt, Aviat is well-positioned for future growth amidst ongoing challenges.
Aviat Networks, Inc. (NASDAQ: AVNW) will release its second quarter fiscal 2021 results on February 3, 2021, after the market closes. The earnings conference call is scheduled for the same day at 5:00 p.m. ET, featuring key executives including CEO Pete Smith and CFO Eric Chang. The call will be accessible via Aviat's Investor Relations website and will include a replay available shortly after the live event. Aviat is recognized for its wireless transport solutions, with over one million systems sold worldwide.
Aviat Networks (NASDAQ: AVNW) announced a multimillion-dollar order from Nextlink Internet to extend its fiber backbone using the Aviat WTM 4000 microwave and multi-band platform. This partnership allows Nextlink to leverage Aviat's e-commerce platform, the Aviat Store, enhancing purchasing efficiency and reducing costs. The collaboration is aimed at expanding broadband connectivity in rural America, with a focus on leveraging upcoming government funding, including $9 billion from the 5G Fund for Rural America and $20 billion from the Rural Digital Opportunity Fund.
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.
