Ottawa-based DragonWave’s fiscal 2016 second quarter was “difficult,” CEO Peter Allen conceded when the company reported its quarterly results earlier this week.
For the second time in two months, Ottawa-based DragonWave has reduced revenue expectations for the second quarter of its fiscal 2016.
After more than 11 years on the job, Russell Frederick is leaving his position as chief financial officer of DragonWave, the Ottawa-based company announced Thursday.
Citing an “unexpected problem” with the rollout of a new product to a carrier in India, Kanata-based wireless technology firm DragonWave said Tuesday its second-quarter earnings will be lower than
DragonWave’s fiscal 2016 did not start as planned, its CEO said Thursday, but Peter Allen added he expects significant growth in its second quarter.