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Aviat on target for $100m-110m 2Q revenue

Aviat Networks has reaffirmed guidance for 2Q fiscal 2012.

The company says it is on target to achieve 2Q revenue of $100m-110m. Michael Pangia, CEO, Aviat, commented that “both bookings and revenue remained solid and our business visibly improved”. The company’s contract manufacturing facility in Thailand is now fully operational again after recent flooding; safety stock inventory and a disaster recovery process helped to minimise the impact of the natural disaster.

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