Powerwave (PWAV -9.5%) plummets after reporting a Q4 loss of $1.34/share vs. a consensus $0.61 loss; revenues fell 65% Y/Y to $60.1M vs. expectations of $90.9M. J.P. Morgan downgrades shares to Underweight, while Jefferies and Canaccord each cut (I, II) their estimates and price targets.
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