Today, the SVP International of Aviat Networks (NASDAQ: AVNW), Heinz Stumpe, sold shares of AVNW for $132.3K.
Following Heinz Stumpe’s last AVNW Sell transaction on July 07, 2015, the stock climbed by 2.2%.
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Based on Aviat Networks’ latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $62.51 million and quarterly net profit of $54K. In comparison, last year the company earned revenue of $56.43 million and had a GAAP net loss of $1.47 million. AVNW’s market cap is $94.5M and the company has a P/E ratio of 58.87. Currently, Aviat Networks has an average volume of 343.3K.
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Aviat Networks, Inc. engages in the design, manufacture, and sale of wireless networking products and solutions. Its product includes wireless transmission networking systems for microwave and millimeter wave networking applications such as microwave routers, microwave switches, and split mount RF unit.
