DragonWave (DRWI) Lowers Q1 Guidance
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DragonWave Inc. (NASDAQ: DRWI) revised revenue expectations for its first quarter fiscal year 2012, ended May 31, 2011 of approximately $11 million, well below the consensus of $15.42 million.
A North American customer deferred a significant shipment of equipment into the future. In addition, regulatory delays affected revenue to a DragonWave customer in the Middle East.
A North American customer deferred a significant shipment of equipment into the future. In addition, regulatory delays affected revenue to a DragonWave customer in the Middle East.
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