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Investing.com — Aviat Networks reported Tuesday mixed fiscal fourth-quarter results as earnings fell just shy, while revenue topped Wall Street estimates.
Aviat Networks (NASDAQ:AVNW) rose more than 2% following the report.
The wireless transport solutions company reported adjusted earnings of $0.67 per diluted share on revenue of $77.4 million, versus estimates for $0.68 on revenue of $74.1 million.
The beat on the top line was supported by a surge in quarterly bookings, which swelled to a seven-year high.
