Being in the right place, the right time, right industry and luckily being Canadian sent Ottawa-based DragonWave results skyrocking. The was chosen by both Globalive (Wind Mobile) and Videotron to help build out their new wireless networks and as a results helped increased Q3 revenue by a whopping 421% to $55.8 million, up from $10.7 last year.
DragonWave President and CEO Peter Allen said “DragonWave delivered solid results again this quarter. The Company continues to scale the business to meet expanding worldwide demand for our market-leading packet microwave solutions”. Hopefully Peter Allen recognizes who helped with the results and a bottle of bubbly is sent their way! Here are some additional stats (more…)