Westell Tech. (WSTL) Reports Q4 Adj-Loss of $0.01; Comments on FY10 Outlook
WSTL Hot Sheet
Revenue Growth %: -70.2%Financial Fact:
Net income: 19.8M
Today's EPS Names:
TARO, BRLI, TLB, More
Westell Technologies (Nasdaq: WSTL) reports Q4 loss of $0.01, ex-items, versus the analyst estimate of ($0.04). Revenue for the quarter was $56.3 million, versus the consensus of $50 million.
"We have set aggressive but realistic plans for fiscal year 2010, with an objective for the year of break-even operating profit on a consolidated basis," said Gilbert. "Given the current economic environment, we are also focused on conserving our cash and achieving positive cash flow for the year."
"We have set aggressive but realistic plans for fiscal year 2010, with an objective for the year of break-even operating profit on a consolidated basis," said Gilbert. "Given the current economic environment, we are also focused on conserving our cash and achieving positive cash flow for the year."
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