DragonWave (DWI) Announces Quarterly Earnings Results, Beats Estimates By $0.05 EPS
DragonWave (TSE:DWI) posted its quarterly earnings results on Monday. The company reported ($0.12) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.17) by $0.05, Stock Ratings News reports.
DragonWave (TSE:DWI) traded down 4.65% on Monday, hitting $1.64. 54,599 shares of the company’s stock traded hands. DragonWave has a one year low of $1.13 and a one year high of $3.68. The stock has a 50-day moving average of $1.44 and a 200-day moving average of $2.18. The company’s market cap is $82.1 million.
DragonWave Inc (TSE:DWI) is in the business of developing broadband wireless backhaul and pseudowire equipment.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.