BOSTON, Sept. 18, 2024 (GLOBE NEWSWIRE) -- Block & Leviton is investigating Aviat Networks, Inc. (Nasdaq: AVNW) for potential securities law violations. Investors who have lost money in their Aviat Networks, Inc. investment should contact the firm to learn more about how they might recover those losses. For more details, visit https://blockleviton.com/cases/avnw. What is this all about? Aviat Networks, Inc. announced on September 11 that they had delayed their scheduled Annual Report on Form 10-K, and would ...

NEW YORK, Sept. 13, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against Aviat Networks, Inc. (“Aviat” or the “Company”) (NASDAQ: AVNW) on behalf of Aviat stockholders. Our investigation concerns whether Aviat has violated the federal securities laws and/or engaged in other unlawful business practices. Click here to participate in the action. On September 11, 2024, Aviat announced via press release that it "has d ...

NEW YORK, Sept. 13, 2024 (GLOBE NEWSWIRE) -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Aviat Networks, Inc. (“Aviat” or “the Company”) (NASDAQ: AVNW). Investors who purchased Aviat securities are encouraged to obtain additional information and assist the investigation by visiting the firm’s site: bgandg.com/AVNW. Investigation Details On September 11, 2024, Aviat announced via press release that it “has determined that it is unabl ...

Core Points - Wolf Popper LLP is investigating potential claims on behalf of purchasers of Aviat Networks, Inc. common stock [1] - Aviat Networks is a provider of wireless transport and access solutions [1] Financial Reporting Issues - Aviat announced it would not be able to file its Annual Report on Form 10-K for the fiscal year ended June 28, 2024 [1] - The company identified certain material weaknesses in its internal control over financial reporting [1] - Errors impacting previously reported financial information for the fiscal years 2024 and 2023 were also identified [1] Stock Market Reaction - Following the announcement, Aviat's stock price fell by $3.37 per share to $20.99 on September 12, 2024, representing a decline of 13.8% [1] - The decline occurred on very heavy trading volume [1] Investor Information - Investors who lost over $25,000 trading in Aviat common stock are encouraged to contact Wolf Popper for discussion regarding the investigation [1]

SAN FRANCISCO, Sept. 12, 2024 (GLOBE NEWSWIRE) -- The price of Aviat Networks, Inc. (NASDAQ: AVNW) tumbled as much as $6.36 (-26%) during intraday trading on Sept. 12, 2024 after the company announced it would not timely file its financial statements for its fiscal year-ended June 28, 2024. Hagens Berman urges Aviat Networks, Inc. (AVNW) investors who suffered substantial losses to submit your losses now. The firm also encourages persons with knowledge who may assist the investigation to contact its attorne ...

SAN DIEGO, Sept. 12, 2024 (GLOBE NEWSWIRE) -- Shareholder rights law firm Johnson Fistel, LLP is investigating whether Aviat Networks, Inc. (NASDAQ: AVNW) or any of its executive officers or others violated securities laws by misrepresenting or failing to timely disclose material, adverse information to investors. The investigation focuses on investors’ losses and whether they may be recovered under federal securities laws. What if I purchased Aviat securities? If you purchased securities and suffered losse ...

AUSTIN, Texas, Sept. 11, 2024 /PRNewswire/ -- Aviat Networks, Inc. (NASDAQ: AVNW), ("Aviat" or the "Company") the leading expert in wireless transport and access solutions, announced today that it has filed a Notification of Late Filing on Form 12b-25 with respect to the Annual Report on Form 10-K for the fiscal year ended June 28, 2024.Aviat has determined that it is unable to file, without unreasonable effort or expense, its Annual Report on Form 10-K for the fiscal year ended June 28, 2024 by the prescri ...

Navigating today’s market where mega- and large-cap tech darlings are giving up recent gains can feel like walking a tightrope. But experienced investors know that there’s always a bull market in some asset class, such as small-cap stock picks. Typically valued between $250 million and $2 billion in market cap, these smaller companies can offer surprising opportunities for significant returns and growth potential.With the market eyeing possible rate cuts from the Federal Reserve, small-cap stock picks look ...

AUSTIN, Texas, July 2, 2024 /PRNewswire/ -- Aviat Networks, Inc. ("Aviat") (Nasdaq: AVNW), the leading expert in wireless transport and access solutions, today announced the acquisition of 4RF Limited ("4RF"), a leading provider of industrial wireless access solutions, including narrowband point-to-point/multi-point radios and Private LTE and 5G routers.Designed specifically for critical infrastructure networks including utilities, oil and gas, mining, public safety and military, 4RF's family of narrowband ...

Core Viewpoint - Aviat Networks reported mixed Q3/FY2024 results with revenues slightly below expectations but profitability exceeding consensus forecasts [2][10] Financial Performance - Q3/FY2024 revenue was $111.6 million, with a gross margin of 35.2% [3] - Operating expenses increased to $28.5 million, while adjusted EBITDA was $12.0 million, resulting in an adjusted EBITDA margin of 10.8% [3] - Cash flow from operations improved to $15.3 million, with cash and cash equivalents rising to $59.2 million [3] Acquisition Impact - The recent Pasolink acquisition impacted margins but contributed positively to cash flow generation [5] - Pasolink's business is expected to grow slower than initially anticipated, with a targeted annual run rate contribution of $140 million [5] Guidance Adjustments - Management revised FY2024 revenue guidance to a range of $408 million to $418 million, while maintaining adjusted EBITDA guidance of $51 million to $56 million [6] - Preliminary FY2025 revenue guidance was also backtracked, with expectations now set lower than the previously stated $515 million to $520 million [7] Market Reaction - The lowered growth outlook led to a 16% selloff in shares, although the stock price has since stabilized [8][10] - The current valuation remains attractive, with a potential upside of over 60% based on a price target of $50 [8] Long-Term Goals - The company aims for Pasolink to achieve a gross margin of 33% and adjusted EBITDA margins of 11-13% by the end of year two [7] - Long-term adjusted EBITDA margin goal is set at 15% [7]