Aviat Networks, Inc. (NASDAQ:AVNW) is set to announce fourth quarter earning results on Thursday 27th August 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, AVNW to report 4Q20 income of $ 0.27 per share from revenue of $ 64.12 million.
For the full year, analysts anticipate top line of $ 240.12 million, while looking forward to income of $ 1.05 per share bottom line.
Previous Quarter Performance
Aviat Networks, Inc. outlined income for the third quarter of $ 0.39 per share, from the revenue of $ 61.38 million. Street analysts expected Aviat Networks, Inc. to report income of $ 0.25 per share on revenue of $ 58.39 million for the third quarter. The bottom line results beat street analysts by $ 0.14 or 56.00 percent, at the same time, top line results outshined analysts by $ 2.99 million or 5.12 percent.
Stock Performance
Shares of Aviat Networks, Inc. traded low $ -0.16 or -0.80 percent on Wednesday, reaching $ 19.94 with volume of 46.50 thousand shares. Aviat Networks, Inc. has traded high as $ 20.19 and has cracked $ 19.50 on the downward trend
The closing price of $ 19.94, representing a 183.10 % increase from the 52 week low of $ 7.10 and a 10.63 % decrease over the 52 week high of $ 22.49.
The company has a market capital of $ 107.54 million and is part of the Technology sector and Communication Equipment industry.
Conference Call
Aviat Networks, Inc. will be hosting a conference call at 4:30 PM eastern time on 27th August 2020, to discuss its 4Q20 financial results with the investment community. The participants may dial, 866-465-7577 U.S. or 786-815-8431 (International), with passcode : 7361828 in order to access the live audio call. A live webcast with presentations will be available on the Internet by visiting the Company website edge.media-server.com/mmc/p/hgsfbi4e
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.
