- DragonWave (OTC:DRWI) sees Q4 revenue of $44M vs. $52M consensus.
- Sees FY revenue of $158M vs. $161M consensus.
- "Revenue is lower than expected because of the uneven timing of installation services revenue, shipments that did not make the Q4 cut off, and delays in equipment orders, which are now expected to be received in fiscal year 2016."
- Shares -3.4% premarket.
- Source: Press Release