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Stock impact report

Aviat Networks Awarded Approximately $10 Million in U.S. Utility Business

Aviat Networks, Inc. (AVNW) 
Last aviat networks, inc. earnings: 2/6 04:01 pm Check Earnings Report
Company Research Source: PR Newswire
MILPITAS, Calif., April 8, 2019 /PRNewswire/ -- Aviat Networks, Inc. (NASDAQ: AVNW), the leading expert in wireless transport solutions, today announced it has received orders worth approximately $10 million in its FY19 third quarter from customers in the U.S. Utility segment. As with most of Aviat's recent Utility business, customers will deploy the Company's hybrid microwave radio solutions which ease the migration to IP/MPLS while preserving teleprotection and other critical Utility traffic. Through the first nine months of FY19, Aviat has received orders worth over $33 million in the U.S. Utility market, surpassing the orders obtained in this segment throughout all of FY18, with additional orders received since quarter end.Some of the key highlights include:$1.5 million with a Texas-based electric cooperative. This new customer will deploy the Company's Eclipse IRU 600 EHP microwave radio along with ProVision management platform and will depend on Aviat for factory services for th Show less Read more
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