DragonWave soars; SA Pro author a fan of top-line improvement

|About: DragonWave Inc. (DRWI)|By:, SA News Editor

In an article embargoed until 5AM ET, SA Pro author Matthew Dow highlights the 50%+ revenue growth DragonWave (DRWI +12.7%) is seeing thanks to stronger 4G-related mobile backhaul spending.

Dow sees a new contract with major Indian carrier Reliance, and an improving relationship with Nokia (previous), acting as catalysts. With shares down over 90% over the last 4 years, he thinks a multi-bagger is possible.

Subscribe for full text news in your inbox