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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.

News

Aviat Networks Elects Laxmi Akkaraju to Board of Directors

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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.
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Aviat Networks to Participate in Upcoming Investor Conferences

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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.
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Aviat Networks Announces Fiscal 2024 First Quarter Financial Results

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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.
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Aviat Networks Sets Date for Its Fiscal 2024 First Quarter Financial Results Announcement and Conference Call

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Aviat Networks to release Q1 fiscal 2024 financial results
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Aviat Networks Secures $50 Million in Orders from Two New U.S. Statewide Public Safety Projects

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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.
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PAWR Program Unveils ARA Testbed for Rural Wireless and Applications Research

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The PAWR Project Office unveils ARA, a new testbed in Central Iowa for research on rural wireless systems. ARA combines commercial and programmable network systems and aims to narrow the gap between rural and urban connectivity. The platform partners with Aviat, Skylark Wireless, NI, and Ericsson for various technologies. Ericsson contributes equipment and services for a commercial-grade 5G standalone network. ARA offers opportunities for wireless research in a rural setting, including precision agriculture applications. ARA is named an Open Testing and Integration Center (OTIC) by the O-RAN ALLIANCE.
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Hoosier Energy selects Aviat Networks for Network Modernization Project

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Hoosier Energy has selected Aviat Networks for the upgrade and modernization of their microwave transmission network. They will deploy Aviat's new IRU600 UHP 11 GHz indoor microwave radio to mitigate potential interference in the 6 GHz band. Initial shipments are planned to commence in the second half of 2023.
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Aviat Networks Announces Fiscal 2023 Fourth Quarter and Twelve Months Financial Results

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Aviat Networks reports Q4 revenue of $91.2M, up 17.8% YoY. Q4 GAAP operating income of $6.3M, up 20.6% YoY. Q4 adjusted EBITDA of $12.6M, up 37.5% YoY. Full-year revenue of $346.6M, up 14.4% YoY. Full-year adjusted EBITDA of $47M, up 22.7% YoY. Backlog of $289M, up 18% YoY. Cash balance of $22.2M with no outstanding loans. Fiscal 2024 revenue guidance of $367-374M and adjusted EBITDA guidance of $51-56M.
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Aviat Networks Sets Date for Its Fiscal 2023 Fourth Quarter and Full Year Financial Results Announcement and Conference Call

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Aviat Networks, Inc. will release its Q4 fiscal 2023 and full year financial results on August 23, 2023. An earnings conference call and webcast will be held to discuss the results.
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Aviat Networks to Participate in Upcoming Investor Conferences

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Aviat Networks, Inc. (NASDAQ: AVNW) will participate in several upcoming investor conferences, including Oppenheimer 26th Annual Technology, Internet, and Communications Conference, Jefferies Semiconductor, IT, Hardware and Communications Technology Summit, Lake Street Capital Markets Big7 Conference, and Northland Capital Markets Institutional Investor Conference. Investors can schedule meetings with management through their representatives. Presentations and materials will be available on Aviat's website.
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Aviat Networks Inc

Nasdaq:AVNW

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AVNW Stock Data

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