DragonWave (DRWI) Tops Q1 EPS by 2c, Notes Momentum in Q2

DragonWave, Inc. (NASDAQ: DRWI) reported Q1 EPS of ($0.11), $0.02 better than the analyst estimate of ($0.13). Revenue for the quarter came in at $28.8 million versus the consensus estimate of $27.2 million.

"We are pleased that the increased demand that we observed in Q1 2015 is continuing into our second quarter. Momentum is such that we anticipate revenue growth between 25% and 40% relative to Q1," said DragonWave President and CEO Peter Allen."

For earnings history and earnings-related data on DragonWave, Inc. (DRWI) click here.

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