Westell Technologies (WSTL) Tops Q2 EPS by 1c
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Westell Technologies Reports Fiscal Second Quarter 2017 Sequential Revenue Increase of 20% to $17.8M
November 2, 2016 4:15 PM EDTExpense reductions take effect, resulting in sequential EPS improvement of 31%
AURORA, Ill.--(BUSINESS WIRE)-- Westell Technologies, Inc. (NASDAQ: WSTL), a leading provider of high-performance wireless infrastructure solutions, today announced results for its fiscal 2017 second quarter ended September 30, 2016 (2Q17). Management will host a conference call to discuss financial and business results tomorrow, Thursday, November 3, 2016, at 9:30 AM Eastern Time (details below).
Consolidated revenue in 2Q17 was $17.8 million, and comprised $6.6 million from the In-Building Wireless (IBW) segment, $5.1 million from the Intelligent Site Management and Services (ISMS) segment, and $6.0 million from the Communication Network... More
