Westell Technologies, Inc. (WSTL) Misses Q3 EPS by 1c

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Go back to Westell Technologies, Inc. (WSTL) Misses Q3 EPS by 1c

Westell Technologies Reports Fiscal Third Quarter 2016 Results

February 3, 2016 4:01 PM EST

Year-over-year revenue grew 44% to $20.2 million

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 2016 third quarter ended December 31, 2015 (3Q16). Management will host a conference call to discuss financial and business results tomorrow, Thursday, February 4, 2016 at 9:30 AM Eastern Time (details below).

Consolidated revenue was $20.2 million, consisting of $8.7 million from the In-Building Wireless (IBW) segment and $11.5 million from the Communication Solutions Group (CSG) segment. Both IBW and CSG segment revenues... More