DragonWave (DRWI) Misses Q2 EPS by 1c
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DragonWave Reports Second Quarter Fiscal Year 2017 Results
October 12, 2016 5:00 PM EDTOTTAWA, CANADA -- (Marketwired) -- 10/12/16 -- 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 second quarter of fiscal year 2017. 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 2017 was $13.2 million, compared with $12.5 million in the first quarter of fiscal year 2017. Revenue excluding the Nokia channel grew by 30% compared to the... More
