Aviat Networks, Inc Provides Earnings Guidance for the Second Quarter of Fiscal Year 2017
January 26, 2017 at 01:30 pm
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Aviat Networks, Inc. provided earnings guidance for the second quarter of fiscal year 2017. The company expects to report profitability on a non-GAAP net income basis, on a GAAP net income basis, and on an Adjusted EBITDA basis as compared to its previous guidance of profitability on an Adjusted EBITDA basis only. Revenue for the fiscal 2017 second quarter is expected to fall in the range of $67.0 - $69.0 million, versus the prior guidance of $65.0 - $70.0 million.
Aviat Networks, Inc., together with its subsidiaries, is a supplier of microwave networking and wireless access networking solutions. It designs, manufactures, and sells a range of wireless networking products, solutions, and services. It also offers routers and a range of premise and hosted private cloud-based software tools and applications to enable deployment, monitoring, network management, and operational assurance of its systems as well as to automate network design and procurement. It also sources, qualifies, supplies, integrates, tests, and supports third party equipment such as antennas, optical transmission equipment and other equipment necessary to build and deploy a complete telecommunications transmission network. It provides a full suite of professional services for planning, deployment, operations, and maintenance of its customersâ networks. It offers a suite of wireless transport and access systems for microwave and millimeter wave networking applications.