Aviat Networks (AVNW) Q3 EPS 7c
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Aviat Networks Announces Third Quarter of Fiscal 2017 Financial Results
May 10, 2017 4:01 PM EDTMILPITAS, Calif., May 10, 2017 /PRNewswire/ --
GAAP operating income of $0.1 million represents a $7.7 million improvement year-over-year, Non-GAAP operating income of $0.7 million represents a $7.0 million improvement year-over-year GAAP net loss of $0.4 million represents a $7.5 million improvement year-over-year Adjusted EBITDA of $2.0 million represents a $6.8 million improvement year-over-year Revenue of $58.7 million declined year-over-year by 2.9% as some projects were pushed into fiscal 2018 Balance sheet continues to strengthen; cash and cash equivalents grew by $4.9 million in the quarter and $9.4 million since the end of fiscal year 2016 Aviat Networks anticipates... More