DragonWave (DRWI) Cuts Q4 Sales Outlook Well Below the Street

March 6, 2012 8:20 AM EST
Get Alerts DRWI Hot Sheet
Price: $0.12 --0%

Today's EPS Names:
BTTX, VAXX, ELYS, More
Join SI Premium – FREE
DragonWave (Nasdaq: DRWI) sees Q4 sales of about $9.4 million, down sharply from prior guidance of $12-$15 million and the current Street estimate of $13.87 million.

The firm cited "delays in shipments to customers in North America, Japan and the Middle East.


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Guidance, Hot Guidance, Trading Halts