Aviat Networks, Inc. (NASDAQ:AVNW) is scheduled to issue its quarterly earnings data after the market closes on Monday, November 13th.
Aviat Networks (NASDAQ:AVNW) last issued its quarterly earnings data on Wednesday, September 6th. The communications equipment provider reported ($0.03) earnings per share for the quarter. Aviat Networks had a negative return on equity of 0.75% and a negative net margin of 0.34%. The business had revenue of $56.43 million during the quarter.
Aviat Networks, Inc. (NASDAQ:AVNW) opened at $13.52 on Friday. Aviat Networks, Inc. has a one year low of $8.65 and a one year high of $24.14.
Separately, TheStreet upgraded shares of Aviat Networks from a “d” rating to a “c-” rating in a research note on Thursday, September 7th.
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A hedge fund recently raised its stake in Aviat Networks stock. Northern Trust Corp boosted its position in shares of Aviat Networks, Inc. (NASDAQ:AVNW) by 4.8% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 12,949 shares of the communications equipment provider’s stock after acquiring an additional 588 shares during the period. Northern Trust Corp owned 0.24% of Aviat Networks worth $225,000 at the end of the most recent quarter. Institutional investors and hedge funds own 50.48% of the company’s stock.
About Aviat Networks
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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