Seeking Alpha

Aviat Networks (AVNW +8.1%) jumps out of the gate after raising its FQ2 (Dec. quarter) revenue...

Aviat Networks (AVNW +8.1%) jumps out of the gate after raising its FQ2 (Dec. quarter) revenue guidance to $123M-$126M from $115M-$120M - the consensus stands at $117M. The mobile backhaul equipment firm also expects orders to be higher than revenue. The pre-announcement comes shortly after rival DragonWave (DRWI -0.8%) missed Nov. quarter estimates and issued soft Feb. quarter guidance. (PR)
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