Aviat Networks Announces Fiscal Third Quarter 2013 Financial Results

     Aviat Networks Announces Fiscal Third Quarter 2013 Financial Results

PR Newswire

SANTA CLARA, Calif., May 1, 2013

SANTA CLARA, Calif., May 1, 2013 /PRNewswire/ --Aviat Networks, Inc. (NASDAQ:
AVNW), the leading expert in microwave networking solutions, today reported
financial results for the third quarter of fiscal year 2013, which ended
March29, 2013.

Financial Highlights for Q3FY13

  oRevenue within the guidance range at $118.3 million
  oGAAP Gross Margin at 28.8%; Non-GAAP Gross Margin at 29.1%
  oGAAP Operating Expense at $35.1 million; Non-GAAP Operating Expense at
    $32.6 million
  oGAAP Net Loss including discontinued operations at $(1.7) million or
    $(0.03) per share; Non-GAAP Net Income from continuing operations was
    within the guidance range at $1.2 million or $0.02 per diluted share; an
    inventory write down of $1.1 million, associated with a customer filing
    bankruptcy in the quarter, had a $(0.02) per share impact
  oFollowing a seasonally strong fiscal second quarter, book to bill was less
    than 1

GAAP Financial Results

For the third quarter of fiscal year 2013, revenue was $118.3 million,
compared with $111.6 million in the year-ago quarter. The Company reported net
loss, including discontinued operations, of $(1.7) million or $(0.03) per
share, compared with a net loss of $(3.2) million or $(0.05) per share in the
year-ago quarter. Loss from continuing operations for the quarter was $(1.6)
million, or $(0.03) per share, compared with the loss from continuing
operations of $(0.8) million, or $(0.01) per share, in the year-ago quarter.
Revenue and results of operations from our WiMAX business are classified as
discontinued operations for all periods presented.

Cash and cash equivalents were $92.9 million as of March29, 2013 compared
with $94.8 million as of the end of the prior quarter. While the Company had
strong collections of customer receivables in the third quarter, the slight
decrease in cash was due primarily to capital spending for product
introduction and our IT infrastructure upgrade project.

Non-GAAP Financial Results

Non-GAAP income from continuing operations for the quarter was $1.2 million,
or $0.02 per diluted share, compared with a non-GAAP income from continuing
operations of $2.2 million, or $0.04 per diluted share, in the year-ago
quarter. Adjusted EBITDA was $3.3 million compared with $3.2 million in the
year ago period.

The third quarter of fiscal year 2013 non-GAAP income from continuing
operations excluded $2.8 million of pre-tax charges composed primarily of the
following:

  o$1.4 million for share-based compensation expense
  o$0.3 million for amortization of purchased intangibles
  o$0.4 million of restructuring charges
  o$0.7 million of transactional taxes assessments

Loss from discontinued operations, net of taxes was $(0.1) million for the
quarter. Adjusted EBITDA excluded $1.3 million for depreciation and
amortization on property, plant and equipment, $0.2 million for interest
expense, $0.6 million for income taxes provision, and non-GAAP pre-tax
adjustments as set forth above from GAAP income from continuing operations. A
reconciliation of GAAP to non-GAAP financial measures for the quarterly
comparison with the year-ago period is provided on Table 4 along with the
accompanying notes.

Third Quarter Revenue by Region

Revenue in the North America region was $52.9 million in the third quarter of
fiscal 2013, compared with $42.6 million in the year-ago quarter and $41.4
million in the prior quarter. International revenue was $65.4 million,
compared with $69.0 million in the year ago quarter and $87.6 million in the
prior quarter.

"Fiscal third quarter revenue was driven by solid bookings in the seasonally
strong fiscal second quarter and strong performances from Africa and North
America," said Michael Pangia, president and CEO, Aviat Networks. "We expect
demand for mobile connectivity to be a significant growth driver for the
microwave backhaul industry in the geographic markets that we serve."

Outlook

Based on current trends, the fourth quarter of fiscal 2013 revenue outlook
range is expected to be between $105 million and $115 million. Non-GAAP income
from continuing operations is expected to be in the range of $0.00 - $0.03 per
diluted share. We expect fiscal fourth quarter non-GAAP operating expense to
decline sequentially from last quarter. Due to the high variability and
difficulty in predicting certain items that affect GAAP net income (loss),
such as tax rates and stock price, Aviat Networks is unable to provide a
complete reconciliation of GAAP net income (loss) per diluted share to
non-GAAP income per diluted share on a forward-looking basis without
unreasonable efforts.

Conference Call Details

Aviat Networks, Inc. will host a conference call today at 4:30 p.m. Eastern
Time to discuss the Company's financial results. Those wishing to join the
call should dial 480-629-9856 or toll free at 888-846-5003 access code 4614416
at approximately 4:20 p.m. Eastern Time. A replay also will be available
starting approximately one hour after the completion of the call until May 8,
2013. To access the replay, dial 303-590-3030 or toll free at 800-406-7325
access code 4614416. A live and archived webcast of the conference call will
also be available via the Company's Web site at
http://investors.aviatnetworks.com/events.cfm.

Non-GAAP Measures and Comparative Financial Information

Aviat Networks, Inc. reports information in accordance with U.S. Generally
Accepted Accounting Principles ("GAAP"). Management of Aviat Networks
monitors gross margin, research and development expenses, selling and
administrative expenses, operating income or loss, income tax provision or
benefit, income or loss from continuing operations, basic and diluted income
or loss per share from continuing operations, adjusted earnings before
interest, tax, depreciation and amortization ("adjusted EBITDA") on a non-GAAP
basis for planning and forecasting results in future periods, and may use
these measures for some management compensation purposes. These measures
exclude certain costs, expenses, gains and losses as shown on the attached
Reconciliation of Non-GAAP Financial Measures table. As a result, management
is presenting these non-GAAP measures in addition to results reported in
accordance with GAAP to better communicate underlying operational and
financial performance in each period. Management believes these non-GAAP
measures provide information that is useful to investors in understanding
period-over-period operating results separate and apart from items that may,
or could, have a disproportionate positive or negative impact on results in
any given period. Management also believes that these non-GAAP measures
enhance the ability of an investor to analyze trends in Aviat Networks'
business and to better understand our performance.

Aviat Networks' management does not, nor does it suggest that investors
should, consider such non-GAAP financial measures in isolation from, or as a
substitute for, financial information prepared in accordance with GAAP. Aviat
Networks presents such non-GAAP financial measures in reporting its financial
results to provide investors with an additional tool to evaluate the Company's
financial performance. Reconciliations of these non-GAAP financial measures
with the most directly comparable financial measures calculated in accordance
with GAAP are included in the tables below.

About Aviat Networks

Aviat Networks, Inc. (NASDAQ: AVNW) is a leading global provider of microwave
networking solutions transforming communications networks to handle the
exploding growth of IP-centric, multi-Gigabit data services. With more than
750,000 systems installed around the world, Aviat Networks provides LTE-proven
microwave networking solutions to mobile operators, including some of the
largest and most advanced 4G/LTE networks in the world. Public safety,
utility, government and defense organizations also trust Aviat Networks'
solutions for their mission-critical applications where reliability is
paramount. In conjunction with its networking solutions, Aviat Networks
provides a comprehensive suite of localized professional and support services
enabling customers to effectively and seamlessly migrate to next generation
Carrier Ethernet/IP networks. For more than 50 years, customers have relied on
Aviat Networks' high performance and scalable solutions to help them maximize
their investments and solve their most challenging network problems.
Headquartered in Santa Clara, California, Aviat Networks operates in 46
countries around the world. For more information, visit www.aviatnetworks.com
or connect with Aviat Networks on Twitter, Facebook and LinkedIn.

Forward-Looking Statements

The information contained in this document includes forward-looking statements
within the meaning of the Private Securities Litigation Reform Act of 1995,
Section 21E of the Securities Exchange Act and Section 27A of the Securities
Act, including statements regarding worldwide demand for mobile connectivity
driving growth in our business, regarding continued investment to drive
expected growth and regarding our expected results for the fourth quarter of
fiscal 2013. All statements, trend analyses and other information contained
herein about the markets for the services and products of Aviat Networks, Inc.
and trends in revenue, as well as other statements identified by the use of
forward-looking terminology, including "anticipate," "believe," "plan,"
"estimate," "expect," "goal," "will," "see," "continue," "delivering," "view,"
and "intend," or the negative of these terms or other similar expressions,
constitute forward-looking statements. These forward-looking statements are
based on estimates reflecting the current beliefs of the senior management of
Aviat Networks. These forward-looking statements involve a number of risks and
uncertainties that could cause actual results to differ materially from those
suggested by the forward-looking statements. Forward-looking statements should
therefore be considered in light of various important factors, including those
set forth in this document. Important factors that could cause actual results
to differ materially from estimates or projections contained in the
forward-looking statements include the following:

  ocontinued price erosion as a result of increased competition in the
    microwave transmission industry;
  othe impact of the volume, timing and customer, product and geographic mix
    of our product orders;
  oour ability to meet projected new product development dates or anticipated
    cost reductions of new products;
  oour suppliers' inability to perform and deliver on time as a result of
    their financial condition, component shortages or other supply chain
    constraints;
  ocustomer acceptance of new products;
  othe ability of our subcontractors to timely perform;
  ocontinued weakness in the global economy affecting customer spending;
  oretention of our key personnel;
  oour ability to manage and maintain key customer relationships;
  ouncertain economic conditions in the telecommunications sector combined
    with operator and supplier consolidation;
  othe timing of our receipt of payment for products or services from our
    customers;
  oour failure to protect our intellectual property rights or defend against
    intellectual property infringement claims by others;
  othe effects of currency and interest rate risks; and
  othe impact of political turmoil in countries where we have significant
    business.

For more information regarding the risks and uncertainties for our business,
see "Risk Factors" in our Form 10-K filed with the U.S. Securities and
Exchange Commission ("SEC") on September 4, 2012 as well as other reports
filed by Aviat Networks, Inc. with the SEC from time to time. Aviat Networks
undertakes no obligation to update publicly any forward-looking statement for
any reason, except as required by law, even as new information becomes
available or other events occur in the future.

Financial Tables to Follow:

Table 1

AVIAT NETWORKS, INC.

Fiscal Year 2013 Third Quarter Summary

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

(Unaudited)
                          Quarter Ended              Three Quarters Ended
                                          March 30,                  March 30,
                          March29, 2013             March29, 2013
                                          2012 ^(1)                  2012 ^(1)
                          (In millions, except per share amounts)
Revenue from product      $   118.3       $ 111.6    $   362.3       $ 328.0
sales and services
Cost of product sales     84.2            77.3       255.8           229.1
and services
Gross margin              34.1            34.3       106.5           98.9
Research and development  9.9             8.9        29.0            26.7
expenses
Selling and               24.7            25.4       71.7            75.6
administrative expenses
Amortization of           0.1             0.1        0.3             1.5
intangible assets
Goodwill impairment       —               —          —               5.6
charges
Restructuring charges     0.4             0.4        0.9             1.4
Operating income (loss)   (1.0)           (0.5)      4.6             (11.9)
Interest income           0.2             —          0.7             0.3
Interest expense          (0.2)           (0.2)      (0.7)           (1.0)
Income (loss) from
continuing operations
before                    (1.0)           (0.7)      4.6             (12.6)

 income taxes
Provision for income      0.6             0.1        12.0            1.9
taxes
Loss from continuing      (1.6)           (0.8)      (7.4)           (14.5)
operations
Loss from discontinued    (0.1)           (2.4)      (1.8)           (8.3)
operations, net of tax
Net loss                  $   (1.7)       $ (3.2)    $   (9.2)       $ (22.8)
Loss per common share,
basic and diluted:
Continuing operations     $   (0.03)      $ (0.01)   $   (0.12)      $ (0.25)
Discontinued operations   $   —           $ (0.04)   $   (0.03)      $ (0.14)
Net loss                  $   (0.03)      $ (0.05)   $   (0.15)      $ (0.39)
Weighted average shares
outstanding, basic and    60.3            59.2       59.9            59.0
diluted
____________________________________________________
(1) Certain prior year period amounts are reclassified to conform to current
period presentation.



Table 2

AVIAT NETWORKS, INC.

Fiscal Year 2013 Third Quarter Summary

CONDENSED CONSOLIDATED BALANCE SHEETS

(Unaudited)
                                          March29, 2013    June 29, 2012 ^(1)
                                          (In millions)
Assets
Cash and cash equivalents                 $    92.9         $     96.0
Receivables, net                          80.0              90.7
Unbilled costs                            27.5              25.9
Inventories                               40.5              56.8
Customer service inventories              16.8              18.5
Other current assets                      19.1              16.7
Property, plant and equipment, net        25.3              21.7
Identifiable intangible assets, net       1.0               1.8
Other assets                              1.0               1.5
                                          $    304.1        $     329.6
Liabilities and Stockholders' Equity
Short-term debt                           $    9.8          $     4.1
Accounts payable                          40.8              55.8
Accrued expenses and other current        80.1              95.5
liabilities
Long-term debt                            —                 8.8
Reserve for uncertain tax positions and   19.4              7.9
other long-term liabilities
Stockholders' equity                      154.0             157.5
                                          $    304.1        $     329.6
____________________________________________________
(1) Certain prior year period amounts are reclassified to conform to current
period presentation.



Table 3

AVIAT NETWORKS, INC.

Fiscal Year 2013 Third Quarter Summary

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

(Unaudited)
                                          Three Quarters Ended
                                          March29, 2013   March30, 2012 ^(1)
                                          (In millions)
Operating Activities
Net loss                                  $    (9.2)       $     (22.8)
Adjustments to reconcile net loss to net
cash used in operating activities:
Amortization of identifiable intangible   0.8              2.0
assets
Depreciation and amortization of          4.2              3.5
property, plant and equipment
Goodwill impairment charges               —                5.6
Bad debt expense                          2.3              2.9
Share-based compensation expense          4.7              3.7
Charges for inventory write-downs         2.0              3.0
Loss (gain) on disposition of the WiMAX   (0.1)            1.9
business
Other non-cash items                      (0.1)            —
Changes in operating assets and
liabilities:
Receivables                               8.5              23.4
Unbilled costs                            (1.6)            (4.3)
Inventories                               14.9             (0.4)
Customer service inventories              1.1              0.2
Accounts payable                          (15.1)           (15.5)
Accrued expenses                          (4.8)            (2.7)
Advance payments and unearned income      (6.7)            (3.4)
Income taxes payable or receivable        (3.2)            1.2
Reserve for uncertain tax positions and   11.9             —
deferred taxes
Other assets and liabilities              (2.7)            0.9
Net cash provided by (used in) operating  6.9              (0.8)
activities
Investing Activities
Cash disbursed related to sale of WiMAX   (0.1)            (1.1)
business, net
Additions of property, plant and          (7.3)            (4.4)
equipment
Net cash used in investing activities     (7.4)            (5.5)
Financing Activities
Proceeds from long-term debt              —                8.3
Payments on long-term debt                (3.1)            (0.4)
 Proceeds from share-based        0.2              —
compensation awards
 Redemption of preference shares  —                (8.3)
 Payments on capital lease          (0.1)            —
obligations
Net cash used in financing activities     (3.0)            (0.4)
Effect of exchange rate changes on cash   0.4              (1.0)
and cash equivalents
Net Decrease in Cash and Cash Equivalents (3.1)            (7.7)
Cash and Cash Equivalents, Beginning of   96.0             98.2
Period
Cash and Cash Equivalents, End of Period  $    92.9        $     90.5
____________________________________________________
(1) Certain prior year period amounts are reclassified to conform to current
period presentation.

AVIAT NETWORKS, INC.

Quarter Ended March29, 2013 Summaries

RECONCILIATION OF NON-GAAP FINANCIAL MEASURES AND REGULATION G DISCLOSURE

To supplement the consolidated financial statements presented in accordance
with accounting principles generally accepted in the United States ("GAAP"),
we provide additional measures of gross margin, research and development
expenses, selling and administrative expenses, operating income or loss,
income tax provision or benefit, income or loss from continuing operations,
basic and diluted income or loss per share from continuing operations, and
adjusted earnings before interest, tax, depreciation and amortization
("Adjusted EBITDA"), adjusted to exclude certain costs, charges, gains and
losses, as set forth below. We believe that these non-GAAP financial measures,
when considered together with the GAAP financial measures provide information
that is useful to investors in understanding period-over-period operating
results separate and apart from items that may, or could, have a
disproportionate positive or negative impact on results in any particular
period. We also believe these non-GAAP measures enhance the ability of
investors to analyze trends in our business and to understand our performance.
In addition, we may utilize non-GAAP financial measures as a guide in our
forecasting, budgeting and long-term planning process and to measure operating
performance for some management compensation purposes. Any analysis of
non-GAAP financial measures should be used only in conjunction with results
presented in accordance with GAAP. Reconciliations of these non-GAAP
financial measures with the most directly comparable financial measures
calculated in accordance with GAAP follow.

Table 4

AVIAT NETWORKS, INC.

Fiscal Year 2013 Third Quarter Summary

RECONCILIATIONS OF NON-GAAP FINANCIAL MEASURES ^ (1)

Condensed Consolidated Statements of Operations

(Unaudited)
                Quarter Ended                             Three Quarters Ended
                March 29,  % of      March 30,  % of      March 29,  % of      March 30,  % of
                2013                 2012                 2013                 2012
                           Revenue              Revenue              Revenue              Revenue
                (In millions, except percentages and per share amounts)
GAAP gross      $ 34.1     28.8   %  $ 34.3     30.7   %  $ 106.5    29.4   %  $ 98.9     30.2   %
margin
Share-based     0.1                  0.3                  0.4                  0.5
compensation
Write-off of
excess and      —                    —                    —                    1.0
obsolete
inventories
Amortization
of purchased    0.2                  0.1                  0.5                  0.5
technology
Non-GAAP gross  34.4       29.1   %  34.7       31.1   %  107.4      29.6   %  100.9      30.8   %
margin
GAAP research
and             $ 9.9      8.4    %  $ 8.9      8.0    %  $ 29.0     8.0    %  $ 26.7     8.1    %
development
expenses
Share-based     —                    (0.2)                (0.7)                (0.7)
compensation
Non-GAAP
research and    9.9        8.4    %  8.7        7.8    %  28.3       7.8    %  26.0       7.9    %
development
expenses
GAAP selling
and             $ 24.7     20.9   %  $ 25.4     22.8   %  $ 71.7     19.8   %  $ 75.6     23.0   %
administrative
expenses
Share-based     (1.3)                (1.0)                (3.6)                (2.5)
compensation
Transactional
taxes           (0.7)                (0.3)                (1.3)                (0.6)
assessments
Other
nonrecurring    —                    (0.5)                —                    (0.9)
charges
Non-GAAP
selling and     22.7       19.2   %  23.6       21.1   %  66.8       18.4   %  71.6       21.8   %
administrative
expenses
GAAP operating  $ (1.0)    (0.8)%    $ (0.5)    (0.4)%    $ 4.6      1.3    %  $ (11.9)   (3.6)%
income (loss)
Share-based     1.4                  1.5                  4.7                  3.7
compensation
Write-off of
excess and      —                    —                    —                    1.0
obsolete
inventories
Amortization
of purchased    0.2                  0.1                  0.5                  0.5
technology
Transactional
taxes           0.7                  0.3                  1.3                  0.6
assessments
Other
nonrecurring    —                    0.5                  —                    0.9
charges
Amortization
of intangible   0.1                  0.1                  0.3                  1.5
assets
Goodwill
impairment      —                    —                    —                    5.6
charges
Restructuring   0.4                  0.4                  0.9                  1.4
charges
Non-GAAP
operating       1.8        1.5    %  2.4        2.2    %  12.3       3.4    %  3.3        1.0    %
income
GAAP income     $ 0.6      0.5    %  $ 0.1      0.1    %  $ 12.0     3.3    %  $ 1.9      0.6    %
tax provision
Adjustment to
reflect pro     —                    (0.1)                (10.1)               (1.9)
forma tax rate
Non-GAAP
income tax      0.6        0.5    %  —          —      %  1.9        0.5    %  —          —      %
provision
GAAP loss from
continuing      $ (1.6)    (1.4)%    $ (0.8)    (0.7)%    $ (7.4)    (2.0)%    $ (14.5)   (4.4)%
operations
Share-based     1.4                  1.5                  4.7                  3.7
compensation
Write-off of
excess and      —                    —                    —                    1.0
obsolete
inventories
Amortization
of purchased    0.2                  0.1                  0.5                  0.5
technology
Transactional
taxes           0.7                  0.3                  1.3                  0.6
assessments
Other
nonrecurring    —                    0.5                  —                    0.9
charges
Amortization
of intangible   0.1                  0.1                  0.3                  1.5
assets
Goodwill
impairment      —                    —                    —                    5.6
charges
Restructuring   0.4                  0.4                  0.9                  1.4
charges
Adjustment to
reflect pro     —                    0.1                  10.1                 1.9
forma tax rate
Non-GAAP
income from     $ 1.2      1.0    %  $ 2.2      2.0    %  $ 10.4     2.9    %  $ 2.6      0.8    %
continuing
operations
Income (loss) per share from continuing operations
Basic:
GAAP            $ (0.03)             $ (0.01)             $ (0.12)             $ (0.25)
Non-GAAP        $ 0.02               $ 0.04               $ 0.17               $ 0.04
Diluted:
GAAP            $ (0.03)             $ (0.01)             $ (0.12)             $ (0.25)
Non-GAAP        $ 0.02               $ 0.04               $ 0.17               $ 0.04
Shares used in computing income (loss) per share from continuing operations
Basic:
GAAP            60.3                 59.2                 59.9                 59.0
Non-GAAP        61.3                 61.3                 61.3                 60.9
Diluted:
GAAP            60.3                 59.2                 59.9                 59.0
Non-GAAP        62.7                 61.3                 61.8                 60.9
                Quarter Ended                             Three Quarters Ended
ADJUSTED        March 29,  % of      March 30,  % of      March 29,  % of      March 30,  % of
EBITDA:         2013       Revenue   2012 (1)   Revenue   2013       Revenue   2012 (1)   Revenue
                (In millions, except percentages)
GAAP loss from
continuing      $ (1.6)    (1.4)%    $ (0.8)    (0.7)%    $ (7.4)    (2.0)%    $ (14.5)   (4.4)%
operations
Depreciation
and
amortization    1.3                  0.8                  4.2                  3.5
of property,
plant and
equipment
Interest        0.2                  0.2                  0.7                  1.0
expense
Share-based     1.4                  1.5                  4.7                  3.7
compensation
Write-off of
excess and      —                    —                    —                    1.0
obsolete
inventories
Amortization
of purchased    0.2                  0.1                  0.5                  0.5
technology
Transactional
taxes           0.7                  0.3                  1.3                  0.6
assessments
Other
nonrecurring    —                    0.5                  —                    0.9
charges
Amortization
of intangible   0.1                  0.1                  0.3                  1.5
assets
Goodwill
impairment      —                    —                    —                    5.6
charges
Restructuring   0.4                  0.4                  0.9                  1.4
charges
Provision for   0.6                  0.1                  12.0                 1.9
income taxes
Adjusted        $ 3.3      2.8    %  $ 3.2      2.9    %  $ 17.2     4.7    %  $ 7.1      2.2    %
EBITDA
_____________________________________________________
(1) The adjustments above reconcile our GAAP financial results to the non-GAAP financial measures
used by us. Our non-GAAP income or loss from continuing operations excluded share-based
compensation, write-off of excess and obsolete

inventory,amortization of purchased technology, transactional taxes assessments,
amortization of intangible assets, goodwill impairment charges, restructuring charges, and
adjustment to reflect pro forma tax rate. Adjusted EBITDA was

 determined by excludingdepreciation and amortization on property, plant and equipment,
interest expense, provision for income taxes, and non-GAAP pre-tax adjustments, as set forth
above, from the GAAP income from continuing operations.

 We believe that the presentationof these non-GAAP items provides meaningful supplemental
information to investors, when viewed in conjunction with, and not in lieu of, our GAAP results.
However, the non-GAAP financial measures have

 not been prepared under a comprehensive setof accounting rules or principles. Non-GAAP
information should not be considered in isolation from, or as a substitute for, information
prepared in accordance with GAAP. Moreover, there are

 material limitations associated with the use of non-GAAPfinancial measures.



Table 5

AVIAT NETWORKS, INC.

Fiscal Year 2013 Third Quarter Summary

SUPPLEMENTAL SCHEDULE OF REVENUE BY GEOGRAPHICAL AREA

(Unaudited)
                          Quarter Ended                   Three Quarters Ended
                          March29, 2013  March30, 2012  March29,  March30,
                                                          2013       2012
                          (in millions)
North America             $   52.9        $   42.6        $  133.0   $  123.8
International:
Africa and Middle East    37.7            33.9            150.6      100.7
Europe and Russia         9.4             11.8            31.0       39.9
Latin America and Asia    18.3            23.3            47.7       63.6
Pacific
                          65.4            69.0            229.3      204.2
Total Revenue             $   118.3       $   111.6       $  362.3   $  328.0



SOURCE Aviat Networks, Inc.

Website: http://www.aviatnetworks.com
Contact: Media Contact: Ned Hayes, Aviat Networks, Inc., (408) 567-7120,
Ned.Hayes@aviatnet.com; Investor Relations: Peter Salkowski, Aviat Networks,
Inc., (408) 567-7117, Investorinfo@aviatnet.com
 
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