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Actionable news in DRWI: DragonWave Inc,

Investor’s Watch List – B/E Aerospace Inc (NASDAQ:BEAV), DragonWave, Inc.(USA) (NASDAQ:DRWI), Cytori Therapeutics Inc (NASDAQ:CYTX)

On Monday, Shares of B/E Aerospace Inc (NASDAQ:BEAV), lost -1.05% to $49.10.

B/E Aerospace, will take part in a question and answer “fireside chat” at the Citi 2015 Industrials Conference in Boston on Wednesday, September 16, 2015. The presentation will start at 2:00 p.m. Eastern time.

B/E Aerospace, Inc. designs, manufactures, sells, and services cabin interior products for commercial aircraft and business jets in the United States and internationally. Its Commercial Aircraft segment offers first class, business class, tourist class, and regional aircraft seats, in addition to spares; oxygen storage, distribution, and delivery systems for commercial and business jet aircraft; coffee makers/water boilers, ovens, and refrigeration equipment; and modular lavatory, wastewater, and galley systems.

Shares of DragonWave, Inc.(USA) (NASDAQ:DRWI), inclined 26.32% to $0.240, during its last trading session.

DragonWave, declared updated revenue expectations of about $27.5 million for the second quarter of fiscal year 2016 ended August 31, 2015.

This updates previous guidance offered on July 8, 2015 that sequential quarterly revenue growth would be in the low end of the 30% to 60% range. The sequential quarterly revenue growth for Q2 is now predictable to be about 4%. The variance from our July 8, 2015 outlook was primarily caused by two factors:

  • equipment and service orders that were about $3.4 million lower than predictable (about half of these orders are now anticipated to be received in Q3), and
  • about $2.8 million of shipments that did not make the Q2 cutoff and slipped to Q3.

A small amount of the variance is due to a large deployment in India that was halted during Q2 as a result of a product issue. While the product issue has now been resolved...


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