Aviat Networks (NASDAQ:AVNW) Announces Earnings Results

Aviat Networks (NASDAQ:AVNW) posted its quarterly earnings results on Thursday. The communications equipment provider reported $0.52 EPS for the quarter, beating the Zacks’ consensus estimate of $0.33 by $0.19, Fidelity Earnings reports. The business had revenue of $58.61 million for the quarter. Aviat Networks had a return on equity of 4.91% and a net margin of 3.99%.

NASDAQ:AVNW traded up $0.49 on Friday, reaching $13.91. 54,300 shares of the company’s stock traded hands, compared to its average volume of 9,169. Aviat Networks has a 12 month low of $12.29 and a 12 month high of $16.53. The stock has a 50-day simple moving average of $13.91 and a 200-day simple moving average of $13.46. The firm has a market cap of $73.38 million, a PE ratio of 24.59 and a beta of 0.77.

About Aviat Networks

Aviat Networks, Inc designs, manufactures, and sells a range of wireless networking products, solutions, and services worldwide. Its products include broadband wireless access base stations and customer premises equipment for fixed and mobile networks; and point-to-point digital microwave radio systems for access, backhaul, trunking, and license-exempt applications, as well as supporting new network deployments, network expansion, and capacity upgrades.

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Earnings History for Aviat Networks (NASDAQ:AVNW)

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