DragonWave (DRWI) Tops Q4 EPS by 2c

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DragonWave Reports Fourth Quarter and Full Fiscal Year 2015 Results

May 12, 2015 5:01 PM EDT

OTTAWA, CANADA -- (Marketwired) -- 05/12/15 -- DragonWave Inc. (TSX: DWI)(NASDAQ: DRWI) a leading global supplier of packet microwave radio systems for mobile and access networks, today announced financial results for the fourth quarter and full fiscal year 2015 ended February 28, 2015. All figures are in U.S. dollars and were prepared in accordance with U.S. generally accepted accounting principles ("GAAP").

Revenue for the fourth quarter of fiscal year 2015 was $43.7 million, compared with $47.3 million in the third quarter and $17.9 million in the fourth quarter of the prior fiscal... More