DragonWave (DRWI) Posts Wider Q4 Loss

DragonWave (NASDAQ: DRWI) reported Q4 EPS of ($3.02), versus ($2.07) reported last year. Revenue for the quarter came in at $12 million, versus $21 million reported last year.

Cash and cash equivalents totaled $4.3 million at the end of the fourth quarter of fiscal year 2016, compared to $7.8 million at the end of the third quarter of fiscal year 2016. The decrease in cash and cash equivalents of $3.5 million included debt repayments of $4.5 million during the quarter.

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

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