Posts for Ticker ‘DRWI’

Clearwire Shows Earnings & Financing Hand (CLWR, S, CMCSA, TWC, DRWI)

Clearwire LogoInvestors are getting a look at why Clearwire Corporation (NASDAQ: CLWR) announced that it was getting new partner financing ahead of its quarterly earnings report.  The wireless broadband services provider did show a gain in revenue to $68.8 million, up 13% from the $60.8 million a year ago and up from $63.59 million just in the June quarter.  Thomson Reuters had revenue estimates at just over $66.6 million.  The net loss of -$0.43 EPS was in-line with estimates.  Sprint Nextel Corp. (NYSE: S), Comcast Corporation (NASDAQ: CMCSA), and Time Warner Cable Inc. (NYSE: TWC), its strategic partners, are set to expand selling efforts in 4G areas. Today’s news also has implications for DragonWave Inc. (NASDAQ: DRWI).
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Posted on: November 10, 2009 – 4:45 pm in Earnings, WiMAX, Wireless, , , , ,

DragonWave Debuts In U.S. Listing (DRWI, CLWR)

DragonWave LogoDragonWave Inc. (NASDAQ: DRWI) is not exactly a new company nor is it exactly an initial public offering.  The stock has traded on the Toronto Stock Exchange under the ticker “DWI” since 2007.  It has also been a very strong stock in the Canadian trading as it was under $2.00 at the start of 2009 and rose to over $10.00 (Canadian Dollars) recently. Today, will mark the initiation of the listing on NASDAQ.
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Posted on: October 15, 2009 – 9:50 am in ADR, IPOs, Insider Activity, Secondary Offering, Technology Companies, WiMAX, Wireless, ,