Aviat Networks

Aviat Networks, Inc. engages in the design, manufacture, and sale of wireless network products and solutions. Its product includes wireless transmission networking systems for microwave and millimeter wave networking applications such as microwave routers, microwave switches, and split mount RF unit. It also offers services such as network planning and design, site surveys and construction, systems integration, installation, maintenance, network monitoring, training, and customer services. The company was founded in 1984 and is headquartered in Austin, TX.

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Aviat Networks reports strong Q3 performance and eyes international growth

Aviat Networks' Q3 fiscal 2023 earnings call highlighted strong performance, confidence in international business, stable lead times, and potential for new product releases. While facing challenges in North American revenue and supply chain concerns, the company remains optimistic about future opportunities, including the rollout of new products and addressing the backlog of orders for Huawei replacement.

Aviat Networks excels in Q2 2023, eyes 5G expansion and market growth

Aviat Networks delivered robust financial performance in Q2 2023, showcasing revenue growth, margin expansion, and increased profitability. The company is strategically positioned to capitalize on 5G opportunities, drive innovation, and enhance operational efficiency amidst a competitive landscape.

Aviat Networks posts strong Q3 results, eyes international expansion

Aviat Networks' Q3 performance reflects growth and operational improvements, supported by supply chain enhancements.
Strengths in key areas like 5G, rural broadband, and international business position the company for continued success.
Challenges related to backlog execution and potential lead time pressures require strategic management.
Opportunities in Redline revenues, new product trials, and software product recognition offer avenues for future growth.

Aviat Networks posts robust Q4 results, eyes 5G market growth

Aviat Networks reported strong financial performance in Q4 and fiscal year 2023, driven by double-digit revenue growth and increased backlog.
The company is well-positioned to capitalize on opportunities in the 5G market, rural broadband, and advancements in product offerings.
While facing challenges in margin dynamics and business integrations, Aviat Networks remains optimistic about future growth prospects and strategic initiatives.

Aviat Networks excels in Q1, eyes growth in 5G networks

Aviat Networks' Q1 performance reflects solid financial metrics and strategic positioning in key network segments, setting a strong foundation for fiscal year 2024.
The company's strengths in diversified business channels, technological advancements, and growth projections underscore its resilience and market competitiveness.
While facing integration challenges and margin targets, Aviat Networks remains optimistic about future opportunities, including the NEC transaction and expanding network technologies.

Aviat Networks posts record Q2 earnings, eyes growth in Indonesia and India

Aviat Networks reported strong financial performance, driven by revenue growth, improved margins, and record EBITDA. The company's strategic focus on core business areas and the acquisition of Pasolink position it well for future expansion. Challenges include margin improvement in specific markets and managing R&D costs effectively.

Aviat Networks excels in Q3, eyes growth through private networks

Aviat Networks' Q3 performance reflects strong revenue growth, profitability, and strategic advancements in product offerings and acquisitions.
While facing challenges in regulatory compliance and market competition, the company's operational strengths and opportunities for growth position it well for the future.
With a focus on private networks, innovation, and cost optimization, Aviat Networks is poised for sustained success and market expansion.

Aviat Networks posts robust Q4 results, eyes growth in 2025

Aviat Networks delivered strong financial results in Q4 2024 and full fiscal year 2024, showcasing growth and profitability.
While facing challenges like material weakness concerns and margin maintenance, the company is well-positioned for growth in fiscal 2025.
Strategic acquisitions and a focus on private networks offer avenues for expansion and revenue diversification in key markets.
Management's commitment to addressing challenges and seizing opportunities underscores a proactive approach to driving shareholder value.

Aviat Networks reports challenging Q1 results, eyes growth opportunities

Aviat Networks faced challenges in Q1 but anticipates improved performance in Q2 and beyond.
The company is strategically focusing on network management software sales and private 5G business growth.
Efforts to optimize manufacturing and inventory aim to enhance efficiency and cost savings.

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Aviat Networks, Inc. engages in the design, manufacture, and sale of wireless networking and access networking solutions and services. Its products include roadband wireless access base stations and customer premises equipment for fixed and mobile, point-to-point digital microwave radio systems for access, backhaul, trunking and license-exempt applications, supporting new network deployments, network expansion, and capacity upgrades. It also offers services such as network planning and design, site surveys and construction, systems integration, installation, maintenance, network monitoring, training, and customer services. The company was founded in 1984 and is headquartered in Austin, TX.

Ceragon Networks

Ceragon Shareholders Face a Crucial Decision: Support the Current Board's Entrenched Directors and Failed Strategy or Elect New Independent Directors to Help Create Value for All Shareholders AUSTIN, Texas , Aug. 16, 2022 /PRNewswire/ -- Aviat Networks, Inc. (NASDAQ: AVNW) ("Aviat"), the leading expert in wireless transport solutions, today sent the following letter to shareholders of Ceragon Networks Ltd. (NASDAQ: CRNT) ("Ceragon" or the "Company") in connection with the Company's Extraordinary General Meeting ("EGM") of shareholders, which will take place on August 23, 2022.

Aviat Networks Sends Letter Urging Fellow Shareholders of Ceragon Networks to Vote on the GOLD Proxy Card Before Time Runs Out

Here is how Aviat Networks, Inc. (AVNW) and Wesco International (WCC) have performed compared to their sector so far this year.

Has Aviat Networks (AVNW) Outpaced Other Computer and Technology Stocks This Year?

Aviat urges shareholders to vote on the GOLD proxy card for ALL FIVE Aviat nominees to elect directors who will support near- and long-term value creation at Ceragon AUSTIN, Texas , Aug. 11, 2022 /PRNewswire/ -- Aviat Networks, Inc. (NASDAQ: AVNW) ("Aviat"), the leading expert in wireless transport solutions, today issued the following open letter to shareholders of Ceragon Networks Ltd. (NASDAQ: CRNT) ("Ceragon" or the "Company") to correct the latest false claims and mischaracterizations made by Ceragon's Board of Directors ("Board") in its August 8, 2022 letter to shareholders.

Aviat Networks Issues Open Letter to Ceragon Networks Shareholders to Correct the Latest False Claims and Mischaracterizations from the Ceragon Board

ISS calls out the Ceragon Board's passive approach and that "lack of clear progress" could send CRNT stock lower in the absence of a transaction Also notes Ceragon's track record of underperformance relative to peers and the risks of standalone execution of its strategy Aviat urges shareholders to vote on the GOLD proxy card for ALL FIVE Aviat nominees to elect directors who will support near- and long-term value creation at Ceragon AUSTIN, Texas , Aug. 10, 2022 /PRNewswire/ -- Aviat Networks, Inc. (NASDAQ: AVNW) ("Aviat"), the leading expert in wireless transport solutions, today announced that independent proxy advisory firm Institutional Shareholder Services ("ISS") has recommended that shareholders of Ceragon Networks Ltd. (NASDAQ: CRNT) ("Ceragon") vote FOR the removal of two members of Ceragon's Board of Directors ("Board"), Yael Langer and Ira Palti, at the upcoming Extraordinary General Meeting of shareholders on August 23, 2022.

Independent Proxy Advisory Firm ISS Recognizes the Need for Board Change at Ceragon to Ensure a "More Fulsome Evaluation of Strategic Alternatives"

Revised IOI Continues to Significantly Undervalue Ceragon and Remains Highly Conditional Ceragon Urges its Shareholders to Protect Their Investment by Voting the WHITE Proxy Card AGAINST Aviat's Attempt to Take Control of the Board ROSH HA'AIN, Israel , Aug. 8, 2022 /PRNewswire/ -- Ceragon Networks Ltd. (NASDAQ: CRNT) (the "Company", "Ceragon", "we", "us", or "our") today issued the following letter to shareholders concerning the response of Ceragon's Board of Directors (the "Board") to the revised unsolicited, highly conditional, non-binding indication of interest from Aviat Networks, Inc. (NASDAQ: AVNW), a competitor of Ceragon.

Ceragon's Board Unanimously Rejects Aviat's Revised Indication of Interest

AUSTIN, Texas , Aug. 4, 2022 /PRNewswire/ -- Aviat Networks, Inc. (NASDAQ: AVNW), the leading expert in wireless transport solutions, announced today that it will release its fourth quarter fiscal 2022 and full year financial results for the period ended July 1, 2022, on August 23, 2022, after the market closes. The Company will host an earnings conference call and webcast to discuss its financial and operational results on the same day, beginning at 5:00 p.m.

Aviat Networks Sets Date for Its Fiscal 2022 Fourth Quarter and Full Year Financial Results Announcement and Conference Call

Increased consideration would include $2.80 per share in cash and $0.28 in equity consideration of Aviat stock, providing a premium of 47% to closing price of Ceragon shares on June 27, 2022 Combination of cash and equity consideration provides balance of immediate and long-term value, allowing shareholders of both Aviat and Ceragon to benefit from the considerable value creation potential of the combined company New website ValueForCeragon.com provides information about what's at stake and the slate of highly qualified independent directors who will ensure Ceragon pursues opportunities to create value AUSTIN, Texas , Aug. 2, 2022 /PRNewswire/ -- Aviat Networks, Inc. (NASDAQ: AVNW) ("Aviat"), the leading expert in wireless transport solutions, today announced it has submitted a revised nonbinding proposal ("Revised Proposal") to acquire all the outstanding shares of Ceragon Networks Ltd. (NASDAQ: CRNT) ("Ceragon") to the Ceragon Board.

Aviat Networks Revises Proposal to Acquire Ceragon Networks to $3.08 Per Share

Details the superior qualifications of Michelle R. Clayman, Paul Delson, Jonathan F.

Aviat Networks Urges Ceragon Networks Shareholders to Vote for Highly-Qualified Director Nominees

Remains Open to a Deal that Would Deliver Full, Fair and Certain Value to  ALL Ceragon's Shareholders Sends Letter to Aviat Board Responding to Aviat's Misleading Communications ROSH HA'AIN, Israel , July 25, 2022 /PRNewswire/ -- Ceragon Networks Ltd. (NASDAQ: CRNT) (the "Company", "Ceragon", "we", "us", or "our") today sent a letter to the Board of Directors of Aviat Networks, Inc. (NASDAQ: AVNW) in response to Aviat's recent misleading claims about its indication of interest to acquire Ceragon.

Ceragon Sets the Record Straight on Engagement with Aviat Networks

Corrects Ceragon's mischaracterizations of Aviat's acquisition proposal, financing commitments, and director nominations Reiterates commitment to completing transaction and provides roadmap to the path forward AUSTIN, Texas , July 21, 2022 /PRNewswire/ -- Aviat Networks, Inc. (NASDAQ: AVNW) ("Aviat"), the leading expert in wireless transport solutions, today sent a letter to shareholders of Ceragon Networks Ltd. (NASDAQ: CRNT) ("Ceragon" or "the Company"), in response to the numerous false and misleading claims Ceragon's Board and management team recently made regarding Aviat's premium acquisition proposal and the upcoming Extraordinary Meeting of Shareholders ("the Meeting" or "EGM").

Aviat Networks Clears the Air Regarding Ceragon Networks Shareholder Communication

Ceragon's Strategy Has Driven Increased Bookings and Market Share Gains – and is Expected to Create Significant Revenue Growth, Margin Expansion and Shareholder Value Aviat's Demand to Appoint Five Hand-Picked Directors to Ceragon's Board Violates Ceragon's Articles Ceragon Files a Proxy Statement in Connection with an Extraordinary General Meeting;  Urges Shareholders to Vote Against the Removal of Ceragon's Directors on the  WHITE Proxy Card Ceragon's Largest Shareholder, Joseph D. Samberg, Founder & CEO of JDS Capital, Affirms His Support for the Company, Management and Board; His View that Aviat's Acquisition Proposal Is Well Below Ceragon's Fair Value; and His Intention to Vote For Ceragon's Board and Against Aviat's Request to Remove Any of our Existing Directors Ceragon to Host Investor Conference at 9:00 AM Eastern Time Today ROSH HA'AIN, Israel , July 18, 2022 /PRNewswire/ -- Ceragon Networks Ltd.

Ceragon Comments on Aviat's Self-Serving Attempt to Take Control of Ceragon's Board and Rejects Aviat's Opportunistic Indication of Interest that Significantly Undervalues Ceragon

Entrenchment and conflicts of interest plague current Ceragon Board Voting expected to begin soon, giving Ceragon shareholders the chance to elect new, highly qualified independent directors to ensure Ceragon pursues opportunities to create value AUSTIN, Texas , July 18, 2022 /PRNewswire/ -- Aviat Networks, Inc. (NASDAQ: AVNW) ("Aviat"), the leading expert in wireless transport solutions, today sent another letter to shareholders of Ceragon Networks Ltd. (NASDAQ: CRNT) ("Ceragon" or "the Company"), in connection with the upcoming extraordinary meeting of shareholders.

Aviat Networks Urges Ceragon Networks Shareholders to Push for Board Change

Encourages them to urge Ceragon Board to consider Aviat's premium acquisition proposal Emphasizes destruction of value under current Ceragon leadership AUSTIN, Texas , July 12, 2022 /PRNewswire/ -- Aviat Networks, Inc. (NASDAQ: AVNW) ("Aviat"), the leading expert in wireless transport solutions, today issued an open letter to shareholders of Ceragon Networks Ltd. (NASDAQ: CRNT) ("Ceragon" or "the Company"), encouraging them to urge the Ceragon Board of Directors (the "Board") to seriously consider Aviat's acquisition proposal, which continues to provide Ceragon shareholders with the opportunity to receive an immediate and certain cash premium.

Aviat Networks Issues Open Letter to Ceragon Networks Shareholders

AUSTIN, Texas , July 6, 2022 /PRNewswire/ -- Aviat Networks, Inc. (NASDAQ: AVNW) ("Aviat"), the leading expert in wireless transport solutions, today issued the following open letter to the Board of Directors (the "Board") of Ceragon Networks Ltd. (NASDAQ: CRNT) ("Ceragon" or the "Company"), urging the Company to schedule an extraordinary meeting of shareholders, which Aviat called for on June 27 th (U.S.) / June 28 th (Israel), 2022.

Aviat Networks Calls Out Ceragon Networks' Failure to Respond to Acquisition Proposal and Request for Extraordinary Meeting of Shareholders

Aviat's acquisition delivers complete offering for Private Network Operators and new 5G R&D Center of Excellence in Canada AUSTIN, Texas and TORONTO , July 6, 2022 /PRNewswire/ -- Aviat Networks, Inc. (NASDAQ: AVNW) ("Aviat"), the leading expert in wireless transport solutions, announced the completion of the acquisition of Redline Communications Group Inc. ("Redline"), a leading provider in mission-critical data infrastructure, on July 5, 2022. The acquisition enables Aviat to offer its customers an integrated end-to-end offering for wireless access and transport and expands Aviat's research and development ("R&D") team with a new center of excellence for 5G development in Canada.

Aviat Commits to Canada with 5G R&D Center of Excellence

Acquisition delivers complete offering for Private Network Operators including Transport, Backhaul, Private LTE/5G and Unlicensed Wireless Access Solutions AUSTIN, Texas, and TORONTO, July 5, 2022 /PRNewswire/ -- Aviat Networks, Inc. (NASDAQ: AVNW), the leading expert in wireless transport solutions, and Redline Communications Group Inc. ("Redline") (TSX: RDL), a leading provider in mission-critical data infrastructure, today announced the completion of the acquisition of Redline by a subsidiary of Aviat pursuant to a statutory plan of arrangement under the Canada Business Corporations Act (the "Arrangement"), which now enables Aviat to offer its customers an integrated end-to-end offering for wireless access and transport. The Arrangement reinforces Aviat's stated strategy of expanding their market leadership and share of wallet in mission-critical and industrial Private Networks, by leveraging Aviat's sales channel to address the $8 billion Private LTE/5G addressable market, as well as Oil & Gas, and Transportation verticals.

Aviat Completes Redline Transaction

Aviat Networks has been doing quite well on its own. Following better margin performance in recent times, valuations are non-demanding here.

Aviat Networks - Not Connected Yet

Ceragon Networks Ltd. CRNT, -5.43% shares surged in the extended session Monday after Aviat Networks Inc. AVNW, -2.08% offered to acquire the wireless telecom equipment company and shake up its board.

Ceragon stock surges on acquisition offer from Aviat

Calls for boardroom changes to address destruction of value at Ceragon and refusal to consider Aviat's premium acquisition proposal Urges Ceragon shareholders to vote for directors who will protect shareholder interests and consider value creation opportunities AUSTIN, Texas , June 27, 2022 /PRNewswire/ -- Aviat Networks, Inc. (NASDAQ: AVNW) ("Aviat"), the leading expert in wireless transport solutions, today announced that it has requested an extraordinary general meeting of Ceragon Networks Ltd. (NASDAQ: CRNT) ("Ceragon") shareholders for the purposes of increasing the size of the Ceragon Board of Directors to nine, removing three current directors, and electing five highly qualified and independent new directors to better represent the interests of all Ceragon shareholders.

Ceragon Networks Shareholder Aviat Networks Calls for Extraordinary General Meeting of Ceragon Shareholders and Nominates Five Highly Qualified, Independent Candidates for Election to the Ceragon Board of Directors

Proposal represents 51% premium to 60-day volume weighted average trading price of Ceragon stock Would deliver immediate, significant value substantially in excess of the value Ceragon can generate as a stand-alone entity As 5% shareholder Aviat calls for extraordinary general meeting of Ceragon shareholders to elect new directors to evaluate proposal Schedules conference call for 7:00 p.m. ET on June 27, 2022 to discuss its compelling proposal AUSTIN, Texas , June 27, 2022 /PRNewswire/ -- Aviat Networks, Inc. (NASDAQ: AVNW) ("Aviat"), the leading expert in wireless transport solutions, today announced it has submitted a nonbinding proposal to acquire all the outstanding shares of Ceragon Networks Ltd.

Aviat Networks Proposes to Acquire Ceragon Networks for $2.80 Per Share in Cash

MaxLinear

CARLSBAD, Calif.--(BUSINESS WIRE)--MaxLinear's next-gen, modem to enable network OEMs and operators to deliver ultra-high-capacity payloads, over longer distances, with the lowest TCO.

MaxLinear Wideband Modem to Enable Backhaul Networks that Accelerate 5G Deployments

AUSTIN, Texas , May 6, 2022 /PRNewswire/ -- Aviat Networks, Inc. (NASDAQ: AVNW), the leading expert in wireless transport solutions, today announced that Pete Smith, President and CEO, and David Gray, CFO, will be participating in the 7th Annual Oppenheimer Emerging Growth Conference on May 10, 2022. Aviat management is scheduled to participate in virtual 1-on-1 meetings throughout the day.

Aviat Networks to Participate in the 7th Annual Oppenheimer Emerging Growth Conference

Aviat Networks, Inc. (NASDAQ:AVNW ) Q3 2022 Earnings Conference Call May 4, 2022 5:00 PM ET Company Participants Andrew Fredrickson - IR Pete Smith - President and CEO David Gray - CFO Conference Call Participants Scott Searle - Roth Capital Theodore O'Neill - Litchfield Hills Research Dave Kang - B. Riley Tim Savageaux - Northland Capital Markets Aaron Martin - AIGH Investment Partners Operator Good afternoon.

Aviat Networks, Inc. (AVNW) CEO Pete Smith on Q3 2022 Results - Earnings Call Transcript

Aviat Networks, Inc. (AVNW) delivered earnings and revenue surprises of 19.64% and 4.47%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Aviat Networks, Inc. (AVNW) Q3 Earnings and Revenues Beat Estimates

Total Revenue of $74.5 million; Up 12.2% Year-Over-Year GAAP Income Before Tax of $7.3 million; Up 75.5% compared to Prior Year Adjusted EBITDA of $9.5 million; Up 29.2% compared to Prior Year AUSTIN, Texas , May 4, 2022 /PRNewswire/ -- Aviat Networks, Inc. ("Aviat Networks," "Aviat," or the "Company"), (Nasdaq: AVNW), the leading expert in wireless transport solutions, today reported financial results for its fiscal 2022 third quarter ended April 1, 2022. Third Quarter Highlights Company executed on key long-term strategic objectives resulting in continued year-over-year increase in quarterly revenues and Adjusted EBITDA.

News for Aviat Networks Stock (AVNW)