Aviat Networks (AVNW) Q2 Revenue Guidance Misses Consensus

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Go back to Aviat Networks (AVNW) Q2 Revenue Guidance Misses Consensus

Aviat Networks Provides Update on Its Fiscal 2020 Second Quarter and Six-Month Results and Additional Commentary on Its Fiscal Year Outlook

January 22, 2020 4:01 PM EST

AUSTIN, Texas, Jan. 22, 2020 /PRNewswire/ -- Aviat Networks, Inc. (NASDAQ: AVNW) ("Aviat" or the "Company"), the leading expert in wireless transport solutions, today announced that its fiscal 2020 second quarter and first half results are anticipated to come in lower than previously forecasted due to a cyberattack at one of the Company's contract manufacturing vendors. This effectively shut down the vendor's production and shipments of Aviat products for a three-week period. While this issue was quickly and fully remediated by the vendor and is not expected to have any impact on Aviat... More