TD Securities Downgrades DragonWave (DRWI) to Hold, Analyst Increases PT

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

July 9, 2014 5:06 PM EDT

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... More