NEW YORK, Sept. 13, 2024 (GLOBE NEWSWIRE) -- Wolf Popper LLP is investigating potential claims on behalf of purchasers of Aviat Networks, Inc. (“Aviat”) common stock (NASDAQ: AVNW). Aviat is a provider of wireless transport and access solutions. After the market closed on September 11, 2024, Aviat announced it wouldn’t be able to file its Annual Report on Form 10-K for the fiscal year ended June 28, 2024. Aviat identified certain material weaknesses in its preliminary assessment of internal control over fin ...

SAN FRANCISCO, Sept. 12, 2024 (GLOBE NEWSWIRE) -- The price of Aviat Networks, Inc. (NASDAQ: AVNW) tumbled as much as $6.36 (-26%) during intraday trading on Sept. 12, 2024 after the company announced it would not timely file its financial statements for its fiscal year-ended June 28, 2024. Hagens Berman urges Aviat Networks, Inc. (AVNW) investors who suffered substantial losses to submit your losses now. The firm also encourages persons with knowledge who may assist the investigation to contact its attorne ...

SAN DIEGO, Sept. 12, 2024 (GLOBE NEWSWIRE) -- Shareholder rights law firm Johnson Fistel, LLP is investigating whether Aviat Networks, Inc. (NASDAQ: AVNW) or any of its executive officers or others violated securities laws by misrepresenting or failing to timely disclose material, adverse information to investors. The investigation focuses on investors’ losses and whether they may be recovered under federal securities laws. What if I purchased Aviat securities? If you purchased securities and suffered losse ...

AUSTIN, Texas, Sept. 11, 2024 /PRNewswire/ -- Aviat Networks, Inc. (NASDAQ: AVNW), ("Aviat" or the "Company") the leading expert in wireless transport and access solutions, announced today that it has filed a Notification of Late Filing on Form 12b-25 with respect to the Annual Report on Form 10-K for the fiscal year ended June 28, 2024.Aviat has determined that it is unable to file, without unreasonable effort or expense, its Annual Report on Form 10-K for the fiscal year ended June 28, 2024 by the prescri ...

Navigating today’s market where mega- and large-cap tech darlings are giving up recent gains can feel like walking a tightrope. But experienced investors know that there’s always a bull market in some asset class, such as small-cap stock picks. Typically valued between $250 million and $2 billion in market cap, these smaller companies can offer surprising opportunities for significant returns and growth potential.With the market eyeing possible rate cuts from the Federal Reserve, small-cap stock picks look ...

AUSTIN, Texas, July 2, 2024 /PRNewswire/ -- Aviat Networks, Inc. ("Aviat") (Nasdaq: AVNW), the leading expert in wireless transport and access solutions, today announced the acquisition of 4RF Limited ("4RF"), a leading provider of industrial wireless access solutions, including narrowband point-to-point/multi-point radios and Private LTE and 5G routers.Designed specifically for critical infrastructure networks including utilities, oil and gas, mining, public safety and military, 4RF's family of narrowband ...

metamorworks Note: I have discussed Aviat Networks, Inc. (NASDAQ:AVNW) previously, so investors should view this as an update to my earlier coverage of the company. Last month, leading wireless transport and access solutions provider Aviat Networks, Inc. or "Aviat Networks" reported mixed Q3/FY2024 results with revenues falling slightly short but profitability well ahead of consensus expectations: Company Press Releases / Regulatory Filings While margins were impacted by the recent Pasolink acquisitio ...

AUSTIN, Texas, May 28, 2024 /PRNewswire/ -- Aviat Networks, Inc. (NASDAQ: AVNW), the leading expert in wireless transport and access solutions, is announcing the appointment of Michael C. Connaway as Senior Vice President and Chief Financial Officer. Mr. Connaway's employment with the Company is effective as of today, and he will serve as the Company's Principal Financial Officer."We are thrilled to welcome Michael to the Aviat team. Given his tremendous track record across multiple industries, end markets, ...

财务数据和关键指标变化 - 总收入为1.116亿美元,同比增长34% [7] - 核心Aviat业务收入增长7% [7] - 非GAAP毛利率为35%,核心Aviat业务毛利率超过38% [7] - 调整后EBITDA为1200万美元,同比增长11% [7] - 非GAAP每股收益为0.73美元 [7] - 现金及可流动证券余额为5920万美元,净现金余额为1020万美元 [26] 各条业务线数据和关键指标变化 - 私有网络业务持续增长,得益于美国和国际市场的投资和升级 [11] - 移动网络业务继续为全球一线和二线运营商提供服务 [15] - 在印度市场首次获得微波回传无线电订单,这是Aviat此前未涉足的200万美元市场 [16] 各个市场数据和关键指标变化 - 北美市场收入为4440万美元,同比下降8.1%,主要是大型一线项目接近尾声 [19] - 国际市场收入为6720万美元,同比增长79.7%,其中Pasolink业务贡献2250万美元,核心Aviat业务增长7.3百万美元或19.6% [20] - 拉丁美洲和亚太地区强劲增长抵消了非洲大陆的疲软 [20] 公司战略和发展方向及行业竞争 - 正在加快整合Pasolink业务,实现成本结构优化,接近短期盈利目标 [9] - 正在开发一系列解决方案,帮助客户应对6GHz频段可能出现的干扰问题 [12][13] - 推出新产品如1+1硬件保护、新型号路由器等,以巩固私有网络领导地位 [14] - 在军事应用领域获得首个重大LTE无线电接入网订单,这是收购Redline后的新增市场 [15] 管理层对经营环境和未来前景的评论 - Pasolink业务整合进展超预期,预计将在2024年9月前实现EPS贡献 [29] - 核心Aviat业务保持良好增长,超越整体市场增速 [29] - 对2025财年收入目标略有下调,但仍看好现金流和利润表现 [35][55] - 认为非洲市场已触底,随着利率下降将出现反弹 [60] - 期待RDOF等政府计划带来的机遇,但不会在2024年财年产生重大影响 [37] 问答环节重要的提问和回答 问题1 **Jaeson Schmidt 提问** 询问2024财年收入指引下调的主要原因 [32] **Peter Smith 回答** Pasolink业务增长放缓是主要原因,其次是非洲市场和一线客户谨慎资本支出 [33] 问题2 **Scott Searle 提问** 询问Pasolink业务的毛利率目标和进展 [39] **Peter Smith 回答** 保持133%毛利率目标不变,通过减少过渡服务费用和优化成本结构来实现 [40][41] 问题3 **Theodore O'Neill 提问** 询问Aviat和Pasolink产品的交叉销售情况 [48] **Peter Smith 回答** 发现了一些意外的协同效应,未来将把Aviat的软件产品应用于Pasolink硬件 [49]

Aviat Networks, Inc. (AVNW) came out with quarterly earnings of $0.73 per share, beating the Zacks Consensus Estimate of $0.59 per share. This compares to earnings of $0.75 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 23.73%. A quarter ago, it was expected that this company would post earnings of $0.94 per share when it actually produced earnings of $0.97, delivering a surprise of 3.19%.Over the last four quarters, the comp ...