Aviat Networks Updates Q1 Revenue Guidance - Quick Facts

(RTTNews) - Aviat Networks Inc. (AVNW) said that it currently expects first quarter of fiscal 2014 revenue to be in the range of $95 million to $100 million. Factors contributing to the updated guidance include the rebidding of a contract that was anticipated to be revenue in the quarter and timing of certain orders impacting the company's ability to ship and bill in the quarter.

Although the change in revenue is expected to impact earnings per share, the company said it is unable to quantify the impact at this time.

The company stated that it will report complete first quarter of fiscal 2014 financial results after the market closes on October 30, 2013.