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 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.33 by $0.19, Fidelity Earnings reports. The company 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%.

AVNW stock traded up $0.49 during mid-day trading on Friday, reaching $13.91. The company had a trading volume of 54,300 shares, compared to its average volume of 9,169. Aviat Networks has a fifty-two week low of $12.29 and a fifty-two week high of $16.53. The firm has a fifty day simple moving average of $13.91 and a 200 day simple moving average of $13.46. The company has a market capitalization of $73.38 million, a price-to-earnings ratio of 24.59 and a beta of 0.77.

Aviat Networks Company Profile

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.

Recommended Story: Technical Analysis

Earnings History for Aviat Networks (NASDAQ:AVNW)

Receive News & Ratings for Aviat Networks Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aviat Networks and related companies with MarketBeat.com's FREE daily email newsletter.


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on reddit