Aviat Networks Q1 Adj. EPS $0.12 Misses $0.30 Estimate, Sales $101.969M Miss $103.545M Estimate

Aviat Networks (NASDAQ:AVNW) reported quarterly earnings of $0.12 per share which missed the analyst consensus estimate of $0.30 by 60 percent. This is a 72.09 percent decrease over earnings of $0.43 per share from the same period last year. The company reported quarterly sales of $101.969 million which missed the analyst consensus estimate of $103.545 million by 1.52 percent. This is a 4.99 percent decrease over sales of $107.320 million the same period last year.