DragonWave Inc. and its Electrodata announced the ongoing deployment of over 200 new DragonWave Horizon links as part of regional service provider Olo's expansion plans. Increased microwave backhaul capacity is enabling the carrier to reach more customers and offer new and enhanced services. Currently, over 200 DragonWave Horizon Compact and Compact+ links are being deployed by Olo del Peru as part of its network expansion underway in Lima. Olo offers data services over a wireless network that currently covers Lima and other cities in Peru. The company also has plans for further network development in the country. DragonWave's Horizonline of packet microwave systems delivers the higher levels of spectral efficiency and reliability for carrier-grade delivery of advanced applications and services.

DragonWave Inc. reported consolidated earnings results for the fourth quarter and full year ended February 28, 2013. For the quarter, the company reported revenue of $28,294,000 compared with $9,150,000 for the same period last year. Loss before income taxes was $26,834,000 compared with $12,061,000 for the same period last year. Net loss applicable to shareholders was $27,181,000 or $0.71 basic and diluted per share compared with $13,368,000 or $0.38 basic and diluted per share for the same period last year. For the year, ended the company reported revenue of $123,877,000 compared with $45,656,000 for the same period last year. Loss before income taxes was $55,088,000 compared with $33,800,000 for the same period last year. Net loss applicable to shareholders was $54,749,000 or $1.46 basic anddiluted per share compared with $33,481,000 or $0.94 basic and diluted per share for the same period last year. The company recorded impairment of intangible assets of was $5,388,000.

DragonWave Inc., Q4 2013 Earnings Call, May 09, 2013