DragonWave (DRWI) Posts Wider Q4 Loss
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DragonWave Reports Fourth Quarter and Full Fiscal Year 2016 Results
May 18, 2016 5:00 PM EDTOTTAWA, CANADA -- (Marketwired) -- 05/18/16 -- 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 fourth quarter and full fiscal year ended February 29, 2016. All figures are in U.S. dollars and were prepared in accordance with U.S. generally accepted accounting principles ("GAAP").
Revenue for the fourth quarter of fiscal year 2016 was $12.0 million, compared with $21.0 million in the third quarter of fiscal year 2016. Revenue for the fiscal year 2016 was $86.3... More
