Aviat networks sees q2 2020 revenue $55.5 million to $56.5 million

Aviat networks provides update on its fiscal 2020 second quarter and six-month results and additional commentary on its fiscal year outlook.sees q2 2020 revenue $55.5 million to $56.5 million.aviat networks - q2, h1 results are anticipated to be lower than previously forecasted due to cyberattack at 1 of co's contract manufacturing vendors.cyberattack effectively shut down vendor's production and shipments of aviat products for a three-week period.co's revenue, gross margins and anticipated profitability for first half of its fiscal 2020 were affecte by cyberattack.non-gaap operating loss in fiscal 2020 q2 is anticipated to be $0.9 million to $1.1 million.aviat networks says "it's disappointing to come in below our prior guidance".sees adjusted ebitda in fiscal 2020 q2 is anticipated to be near break-even.vendor lost production capacity for three weeks of quarter, or about 23% of its available capacity.aviat networks - vendor lost production capacity for three weeks of quarter, resulting in missing top-line budget by about 5%.revenue outlook for fiscal year has not changed.total revenue is expected to be $55.5 to $56.5 million in fiscal 2020 q2.gross margins are anticipated to be 32.5% to 33.0% in fiscal 2020 q2.
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