DragonWave (DRWI) Tops Q1 EPS by 2c, Notes Momentum in Q2
Get Alerts DRWI Hot Sheet
Join SI Premium – FREE
DragonWave, Inc. (NASDAQ: DRWI) reported Q1 EPS of ($0.11), $0.02 better than the analyst estimate of ($0.13). Revenue for the quarter came in at $28.8 million versus the consensus estimate of $27.2 million.
"We are pleased that the increased demand that we observed in Q1 2015 is continuing into our second quarter. Momentum is such that we anticipate revenue growth between 25% and 40% relative to Q1," said DragonWave President and CEO Peter Allen."
For earnings history and earnings-related data on DragonWave, Inc. (DRWI) click here.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Humana (HUM) surges on Q1 beat, reiterated adjusted earnings outlook
- Humana (HUM) Tops Q1 EPS by 111c; reaffirms adjusted EPS outlook
- Hasbro (HAS) brand strength sees earnings top expectations
Create E-mail Alert Related Categories
Earnings, Guidance, Management Comments, Momentum MoversRelated Entities
EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!