Aviat Networks records record Q1 bookings and adjusts annual revenue guidance
AVNW Aviat Networks Inc
$15.86 -17.09%
View chart & analysis → - 1Aviat Networks recorded record Q1 bookings exceeding $150 million.
- 2Aviat Networks plans to remove approximately $25 million to $30 million in revenue from low-margin customers.
- 3Aviat Networks adjusted its annual revenue guidance to a range of $450 million to $475 million.
So what's the key point?
Aviat Networks recorded record Q1 bookings of over $150 million. The company adjusted its annual revenue forecast while reducing revenue from low-profit customers.
Source The Motley Fool +1 · View original ↗
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