Sunday, November 7, 2010

DragonWave Trims Q3 Guidance

DragonWave expects that some of its revenue previously anticipated in its third quarter will now be delayed, and it is as a result revising its revenue guidance for its third quarter ending November 30, 2010 to US$ 27 million. The company said the update was due to cash conservation measures recently adopted by its largest customer.
http://www.dragonwaveinc.com