DragonWave (DRWI) Reports Q3 Loss Per Share of $0.08

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DragonWave Reports Third Quarter Fiscal Year 2016 Results

January 13, 2016 5:00 PM EST

OTTAWA, CANADA -- (Marketwired) -- 01/13/16 -- 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 third 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 third quarter of fiscal year 2016 was $21.0 million, compared with $26.9 million in the second quarter of fiscal year 2016 and $47.3 million in the third quarter of the fiscal year... More