DragonWave Reports Fourth Quarter and Full Fiscal Year 2016 Results

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DragonWave (DRWI) Posts Wider Q4 Loss

May 18, 2016 5:08 PM EDT

DragonWave (NASDAQ: DRWI) reported Q4 EPS of ($3.02), versus ($2.07) reported last year. Revenue for the quarter came in at $12 million, versus $21 million reported last year.

Cash and cash equivalents totaled $4.3 million at the end of the fourth quarter of fiscal year 2016, compared... More