Aviat Networks (NASDAQ:AVNW) Earns News Impact Score of 0.24
Media headlines about Aviat Networks (NASDAQ:AVNW) have trended somewhat positive on Thursday, according to Accern Sentiment Analysis. The research group rates the sentiment of media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Aviat Networks earned a news impact score of 0.24 on Accern’s scale. Accern also gave news headlines about the communications equipment provider an impact score of 87 out of 100, meaning that recent media coverage is very likely to have an impact on the company’s share price in the immediate future.
Shares of Aviat Networks (NASDAQ:AVNW) traded down 6.40% during midday trading on Thursday, hitting $17.25. The stock had a trading volume of 35,564 shares. The stock’s market cap is $91.68 million. Aviat Networks has a 12-month low of $7.39 and a 12-month high of $24.14. The stock has a 50-day moving average price of $18.27 and a 200-day moving average price of $16.43.
Aviat Networks (NASDAQ:AVNW) last issued its quarterly earnings results on Wednesday, May 10th. The communications equipment provider reported ($0.07) earnings per share for the quarter. The business had revenue of $58.70 million for the quarter. Aviat Networks had a negative return on equity of 13.23% and a negative net margin of 5.95%. Equities analysts forecast that Aviat Networks will post ($0.13) earnings per share for the current year.
About Aviat Networks
Aviat Networks, Inc, together with its subsidiaries, is a supplier of microwave networking solutions. The Company’s product categories include point-to-point microwave and millimeter wave radios that are licensed (subject to local frequency regulatory requirements), lightly-licensed and license-exempt (operating in license-exempt frequencies), and element and network management software.
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