DragonWave (DRWI) Posts Q2 Loss of 28c/Share

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Go back to DragonWave (DRWI) Posts Q2 Loss of 28c/Share

DragonWave Reports Second Quarter Fiscal Year 2016 Results

October 14, 2015 5:01 PM EDT

OTTAWA, CANADA -- (Marketwired) -- 10/14/15 -- 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 second 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 second quarter of fiscal year 2016 was $26.9 million, compared with $26.3 million in the first quarter of fiscal year 2016 and $37.9 million in the second quarter of the fiscal year... More