Aviat Networks, Inc. Revises Earnings Guidance for the Second Quarter of Fiscal 2014
January 14, 2014 at 05:55 pm IST
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Aviat Networks, Inc. revised earnings guidance for the second quarter of fiscal 2014. For the quarter, the company expects revenue in the range of $83-$87 million, down from its prior view of $100-$107 million. The company also said it is developing a plan to lower quarterly non-GAAP operating expense to approximately $28 million for the fourth quarter of fiscal 2014.
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.