- Though it posted an FQ1 miss and offered below-consensus FQ2 guidance yesterday afternoon, Aviat (NASDAQ:AVNW) has rallied towards $1.50.
- On the CC (transcript), CEO Mike Pangia stated Aviat expects bookings to "improve and continue improving for the remainder of [FY15], driven by strength in the Americas, Asia-Pacific and Africa." Regarding Africa, he insisted Aviat is "confident regarding our position as a strategic partner to [major regional carrier] MTN," whose orders have come under pressure recently.