Type
|
Public |
---|---|
Traded as | NASDAQ: AVNW |
Industry | Telecommunications |
Predecessor | Harris Stratex Networks |
Founded | January 28, 2010 (2010-01-28) |
Headquarters | Santa Clara, California, United States |
Number of locations
|
44 Offices |
Area served
|
Worldwide |
Key people
|
Mike Pangia, President and CEO |
Products |
Dual Hybrid/Packet Microwave |
Services | Network Management |
Revenue | $268.69 million USD (2016) |
Number of employees
|
~720 (2016) |
Website | www |
Dual Hybrid/Packet Microwave
All Packet Microwave
Trunking
Aviat Networks (NASDAQ:AVNW) is a global provider of microwave networking solutions, providing public and private operators with communications networks to accommodate the exploding growth of IP-centric, multi-gigabit data services.
Headquartered in Santa Clara, California, Aviat Networks also has operations in Africa, Asia and the Pacific Rim, Europe, Mexico, the Middle East, Russia and South America. Aviat relocated its corporate functions to Santa Clara from Morrisville, North Carolina, in June 2010.
The company was founded on January 29, 2007 with the merger of Harris Corporation’s Microwave Communications Division and Stratex Networks and incorporated under the name Harris Stratex Networks. The company renamed and rebranded itself to become Aviat Networks on January 28, 2010.
With approximately 1,000 employees worldwide, the company's CEO is Mike Pangia, who was appointed as CEO on July 18, 2011.
Aviat Networks customers include BT Group, Africell, Zain, Optus, Uninor, Hormuud Telecom, and Melita PLC.
Recent customer contracts include:
In February 2009, Harris Stratex acquired Telsima, developer and provider of WiMAX Forum Certified products for use in next-generation broadband wireless networks, for $12 million. In September 2008, Harris Stratex announced a partnership agreement with Telsima for end-to-end 4G network solutions.
On January 28, 2010, at the opening of the Nasdaq trading session, Harris Stratex Networks announced they have renamed their company to become Aviat Networks. Along with the name change the company unveiled new corporate branding with a new company logo and relaunch of the corporate website. The company also changed their NASDAQ ticker symbol to AVNW. The new symbol begun trading on the morning of January 29, 2010, retiring the old HSTX; this date also marked the company's third anniversary since incorporation.
Simultaneous to the brand launch, Xchange Magazine reported that Aviat was focusing in on aiding the carrier transition from legacy to all-IP and LTE networks, and helping operators reach rural and underserved areas with wireless broadband. In support of these claims, Aviat announced a few weeks later at Mobile World Congress that it was adding cell site gateway functionality (normally provided by an external device) to the Eclipse Packet Node platform, making possible seamless TDM to IP backhaul migration. They explained that the gateway features were made possible by a plug-and-play Network Convergence Module (NCM), designed to fit in the Eclipse nodal indoor unit, giving wireless operators the choice to support legacy TDM traffic over an all packet backhaul network as an alternative to transporting TDM natively using a hybrid configuration.
Period | Date | Adjusted Actuals EPS | GAAP EPS |
---|---|---|---|
Q1 2023 | 2022-10-17 | Future report Set alerts | |
Q4 2022 | 2022-08-23 | 0.67 | 0.67 |
Q3 2022 | 2022-05-04 | 0.67 | 0.67 |
Q2 2022 | 2022-02-02 | 0.71 | 0.71 |
Q1 2022 | 2021-11-03 | 0.67 | 0.67 |
Q1 2020 | 2021-11-03 | 0.67 | 0.67 |
Q4 2021 | 2021-08-25 | 0.45 | 0.45 |
Q4 2019 | 2021-08-25 | 0.45 | 0.45 |
Q3 2021 | 2021-05-05 | 0.49 | 0.49 |
Q3 2019 | 2021-05-05 | 0.49 | 0.49 |
2015-07-09 | Initiated Coverage | HC Wainwright | Neutral | |
2014-12-30 | Initiated Coverage | Needham & Company LLC | Buy | $2.20 |
2014-09-05 | Initiated Coverage | HC Wainwright | Neutral | |
2014-09-03 | Upgrade | Needham | Hold to Buy | $2.20 |
2014-09-03 | Upgrade | Needham & Company LLC | Hold to Buy | $2.20 |
2014-04-29 | Initiated Coverage | Singular Research | Buy | $2.80 |
2013-10-03 | Downgrade | Needham & Company LLC | Buy to Hold | |
2013-08-15 | Reiterated | Needham | Buy | $3.50 to $3 |
2011-10-24 | Downgrade | Brigantine | Buy to Hold | |
2011-08-25 | Reiterated | Needham | Buy | $5.50 to $4.50 |
2010-09-15 | Initiated | Hudson Securities | Buy | $6.50 |
2010-05-21 | Upgrade | Avian | Neutral to Positive |
2015-07-09 | Initiated Coverage | HC Wainwright | Neutral | |
2014-12-30 | Initiated Coverage | Needham & Company LLC | Buy | $2.20 |
2014-09-05 | Initiated Coverage | HC Wainwright | Neutral | |
2014-09-03 | Upgrade | Needham | Hold to Buy | $2.20 |
2014-09-03 | Upgrade | Needham & Company LLC | Hold to Buy | $2.20 |
There is presents forecasts of rating agencies and recommendations for investors about this ticker
In AVNW 89 funds of 2213 total. Show all
Fund name | Ticker shares |
---|---|
BRIGHTFIELD CAPITAL MANAGEMENT LLC | 1.57M |
Lone Star Value Investors GP LLC | 1.10M |
ROYCE & ASSOCIATES LLC | 0.55M |
BlackRock Inc. | 0.52M |
Vanguard Group, Inc | 0.49M |
PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. | 0.45M |
Select Equity Group, L.P. | 0.39M |
RENAISSANCE TECHNOLOGIES LLC | 0.38M |
DIMENSIONAL FUND ADVISORS LP | 0.36M |
DRIEHAUS CAPITAL MANAGEMENT LLC | 0.32M |
PARADIGM CAPITAL MANAGEMENT INC/NY | 0.32M |
STATE STREET CORP | 0.28M |
SCHNEIDER CAPITAL MANAGEMENT CORP | 0.22M |
PUTNAM INVESTMENTS LLC | 0.20M |
GEODE CAPITAL MANAGEMENT, LLC | 0.19M |
Name Relationship | Total Shares | Holding stocks |
---|---|---|
Steel Excel Inc. | 12.94% (8042892) | ATNY / AVNW / FES / SPLP / |
KISSNER CHARLES Chairman of the Board | 0.42% (258613) | AVNW / MERU / RMBS / SHOR / |
Hayes Edward J Jr Senior VP and CFO | 0.38% (233259) | ALSK / AVNW / SMCI / |
HASLER WILLIAM A | 0.36% (222563) | AVNW / GSAT / |
Pearse Robert G. | 0.30% (187271) | AVNW / CRDS / |
HENDERSON JAMES R | 0.29% (177271) | AVNW / GY / MLNK / RWC / SLI / |
KENNARD PAUL SVP & Chief Technology Officer | 0.28% (176617) | AVNW / |
Pangia Michael SVP and Chief Sales officer | 0.25% (154466) | AVNW / |
CRONAN THOMAS L III SVP & Chief Financial Officer | 0.17% (104727) | AVNW / |
Madigan John VP, Corp. Controller and PAO | 0.16% (101353) | AVNW / |
THOMPSON EDWARD | 0.12% (74191) | AVNW / RLOC / SHOR / |
Sohi Mohsen | 0.12% (71840) | AVNW / STE / |
HIGGERSON CLIFFORD H | 0.12% (71691) | AVNW / |
SHAHBAZIAN MICHAEL Interim CFO | 0.10% (65151) | AVNW / PDFS / |
RAU RAGHAVENDRA | 0.07% (45523) | AVNW / QTM / ROVI / SEAC / |
Stumpe Heinz SVP & Chief Operating Officer | 0.06% (39118) | AVNW / |
McFall Shaun SVP & Chief Marketing Officer | 0.06% (38154) | AVNW / |
Elliott Meena L. VP, Gen. Counsel and Secretary | 0.06% (35259) | AVNW / |
MARIMON RALPH CFO | 0.05% (32850) | AVNW / QUIK / |
QUICKE JOHN J | 0.05% (31334) | AVNW / RDC / SXCL / |
STOFFEL JAMES C | 0.04% (26051) | AVNW / HRS / PAR / |
MUTCH JOHN | 0.04% (23000) | AGYS / AVNW / MXWL / QTM / SXCL / YUME / |
Chang Eric VP, Corporate Controller & PAO | 0.02% (13016) | AVNW / |
Kong Kenneth | 0.01% (8229) | AVNW / |
BARR WAYNE JR | 0.01% (8229) | AVNW / CCUR / HCHC / |