• Fiscal second quarter consolidated revenue of $47.4 million.
• Fiscal second quarter net income of $2.9 million, or $0.04 per diluted share – Westell’s second consecutive profitable quarter.
• Cash and cash equivalents increased by $4.7 million in the quarter to $53.9 million.
• Retrospective adoption of newly approved accounting rules allows the recognition of previously deferred revenue for UltraLine Series3 gateways.

Click here to view full press release