Palm Beach, FL 1/912 (StreetBeat) – Aviat Networks, Inc. (NASDAQ: AVNW), a leading expert in wireless transmission solutions, today reaffirmed guidance for its second quarter of fiscal 2012. Revenue for the second quarter is expected to be in the range of $100 to $110 million."During our second quarter, both bookings and revenue remained solid and our business visibility improved," said Michael Pangia , CEO. "During our earnings call in November 2011 , we indicated that we would be assessing the impact of the natural disaster in Thailand. We're gratified to report that our contract manufacturing facility in Thailand has recovered from the recent flooding and is now fully operational. We managed to minimize the impact to our customers on November and December deliveries through our safety stock inventory and swift execution of our Disaster Recovery Process. We continue to work closely with our supply chain to ensure a return to standard lead-times by the end of January. We look forward to discussing overall business trends, as well as earnings results in more detail on our regularly-scheduled earnings call on February 1 , 2012."
About Aviat Networks
Aviat Networks, Inc. is a leader in wireless transmission solutions. We apply innovation and IP networking expertise toward building a carrier class foundation for future mobile and fixed broadband networks. With more than 750,000 systems installed around the world, Aviat Networks has built a reputation as a leader in offering best-of-breed solutions including LTE-ready microwave backhaul and a complete portfolio of service and support options to public and private telecommunications operators worldwide. With a global reach and local presence in more than 46 countries, Aviat Networks works by the side of its customers allowing them to quickly and cost effectively seize new market and service opportunities. Aviat Networks, formerly Harris Stratex Networks Inc., is headquartered in Santa Clara, California and is listed on NASDAQ (AVNW).
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