DragonWave cuts fourth-quarter revenue estimate

Mon Mar 4, 2013 6:26am EST
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March 4 (Reuters) - Telecom network equipment maker DragonWave Inc said revenue for the fourth quarter would miss its forecast, citing lower revenue from the microwave technology business it bought from Nokia Siemens Networks last year.

The Canadian company estimated revenue of $30 million for the quarter ended Feb. 28. It had forecast $40 million to $45 million.