DragonWave (DRWI) Misses Q2 EPS by 1c

DragonWave (NASDAQ: DRWI) reported Q2 EPS of ($0.96), $0.01 worse than the analyst estimate of ($0.95). Revenue for the quarter came in at $13.2 million versus the consensus estimate of $14.25 million.

Cash and cash equivalents totaled $7.5 million at the end of the second quarter of fiscal year 2017, compared to $4.0 million at the end of the first quarter of fiscal year 2017.

For earnings history and earnings-related data on DragonWave (DRWI) click here.

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