Westell Technologies, Inc. (WSTL) Reports In-Line Q4 EPS

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Westell Technologies Reports Fourth Quarter Revenue of $19 million

May 20, 2015 4:04 PM EDT

Revenue growth of 33% compared to the prior quarter

AURORA, Ill.--(BUSINESS WIRE)-- Westell Technologies, Inc. (NASDAQ: WSTL), a leading provider of in-building wireless, intelligent site management, cell site optimization, and outside plant solutions, today announced results for its fiscal 2015 fourth quarter ended March 31, 2015.

Consolidated revenue was $18.6 million, consisting of $7.1 million from the In-Building Wireless (IBW) segment and $11.5 million from the Communication Solutions Group (CSG) segment.

Despite conservative capital spending by the major North American wireless service providers, our fiscal fourth quarter performance experienced steady improvement in... More