Aviat Networks tumbles on FQ1 downward revision

Aviat Networks (AVNW) -4.1% shares tumble after the company revises its FQ1 forecast downward, guiding for revenue of $95M-$100M (consensus of $109M). The firm stated it was "unable to quantify" the impact to EPS.

Aviat cites rebidding on a contract that has pushed it out of FQ1 and the timing of certain orders.

Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs