DragonWave (DRWI) Misses Q1 EPS by 1c
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DragonWave Reports First Quarter Fiscal Year 2016 Results
July 8, 2015 5:02 PM EDTOTTAWA, CANADA -- (Marketwired) -- 07/08/15 -- 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 first quarter of fiscal year 2016. All figures are in U.S. dollars and were prepared in accordance with U.S. generally accepted accounting principles ("GAAP").
Revenue for the first quarter of fiscal year 2016 was $26.3 million, compared with $43.7 million in the fourth quarter of fiscal year 2015 and $28.8 million in the first quarter of fiscal year 2015.... More
