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Powerwave Technologies (PWAV) -27% premarket after issuing downside Q1 guidance, seeing revenues...

Powerwave Technologies (PWAV) -27% premarket after issuing downside Q1 guidance, seeing revenues of $40M-$45M vs. $62.3M consensus. PWAV says it continued to encounter weakness in several of its markets, as network operators were conservative in their spending plans and several markets continued to delay capital spending plans.

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