DragonWave Earnings: Your Sneak Peek to the Big Announcement

Dragonwave (NASDAQ:DRWI) will report earnings after markets close on Wednesday, May 8th. DragonWave Inc. provides wireless Ethernet equipment for use in IP networks. The Company designs, develops, and markets carrier-grade microwave radio frequency networking equipment that wirelessly transmit broadband voice, video, and other data.

Here is your Cheat Sheet to Dragonwave Earnings:

Earnings Expectations: Analysts expect earnings of $-0.32 per share on revenues of $31.83 million.

Analyst Trends:

Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a loss of $0.19 to a loss $0.26. For the current year, the average estimate is a loss of $1.11, which is worse than the estimate ninety days ago.

Earnings Trends:

Here’s how Dragonwave has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 41.22 34.13 157.99 118.01 45.66
Diluted EPS ($) -0.3571 -0.1654 0.85 0.05 -0.94

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Nov. 30, 2011 Feb. 29, 2012 May. 31, 2012 Aug. 31, 2012 Nov. 30, 2012
Revenue ($) in millions 11.83 9.15 12.97 44.16 38.45
Diluted EPS ($) -0.23 -0.3759 -0.35 -0.03 -0.36

Past Performance:
Dragonwave has missed analyst estimates 3 times in the past four quarters. Shareholders could expect a bust if the company misses estimates.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)