Aviat Networks Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Aviat Networks

AVNW 24.34

+0.8%

1:48 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: The Ox who wrote (216)	10/29/2008 4:32:23 PM
From: Rob Preuss	of 312

Looks like the HSTX share price should get some support tomorrow based on improving fundamentals. I won't be able to listen to the CC live tonight (will catch the replay later) but the Q1 FY09 news reports look good. Here's what the Harris report had to say about HSTX... ======== Harris Stratex Networks, Inc. Harris Stratex Networks revenue for the first quarter of fiscal 2009 was $196 million, an increase of 14 percent compared to $172 million in the prior-year quarter. Revenue increased 5 percent compared to sequential fourth quarter revenue of $187 million. Segment operating income was $8 million, which included $3 million of restructuring charges. Harris Stratex Networks (Nasdaq: HSTX - News) is a 56 percent majority-owned subsidiary of Harris. The company reported good year-over-year growth in North America microwave revenue and strong double-digit growth in International microwave revenue. Strong year-over-year and sequential revenue growth was achieved in Africa and in the combined Latin America and Asia Pacific regions. Revenue improvement was driven in large part by the continuing success of the company's Eclipse(TM) IP product platform. The company has significantly increased the percent of product sales that is now attributed to higher-capacity IP-capable products. Market demand for microwave systems continues to be driven by the transition to IP networks, the evolution to 4G technologies, and wireless network infrastructure expansion in emerging regions of the world. ======

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next