Aviat Networks, Inc. (AVNW) Set to Announce Earnings on Monday
Aviat Networks, Inc. (NASDAQ:AVNW) is scheduled to post its quarterly earnings results after the market closes on Monday, November 13th.
Aviat Networks (NASDAQ:AVNW) last released its earnings results on Wednesday, September 6th. The communications equipment provider reported ($0.03) earnings per share (EPS) for the quarter. Aviat Networks had a negative net margin of 0.34% and a negative return on equity of 0.75%. The company had revenue of $56.43 million for the quarter.
Aviat Networks, Inc. (NASDAQ:AVNW) opened at $13.52 on Friday. Aviat Networks, Inc. has a 1 year low of $8.65 and a 1 year high of $24.14.
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An institutional investor recently raised its position in Aviat Networks stock. Northern Trust Corp raised its holdings in shares of Aviat Networks, Inc. (NASDAQ:AVNW) by 4.8% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,949 shares of the communications equipment provider’s stock after purchasing an additional 588 shares during the quarter. Northern Trust Corp owned 0.24% of Aviat Networks worth $225,000 as of its most recent SEC filing. Institutional investors own 50.48% of the company’s stock.
Separately, TheStreet upgraded shares of Aviat Networks from a “d” rating to a “c-” rating in a research report on Thursday, September 7th.
Aviat Networks Company Profile
Aviat Networks, Inc, together with its subsidiaries, is a supplier of microwave networking solutions. The Company’s product categories include point-to-point microwave and millimeter wave radios that are licensed (subject to local frequency regulatory requirements), lightly-licensed and license-exempt (operating in license-exempt frequencies), and element and network management software.
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