DragonWave posts wider loss as costs rise
May 8 (Reuters) - Telecom network equipment maker DragonWave Inc reported a wider quarterly loss, hurt in part by higher costs.
This is the company's ninth straight quarterly loss.
DragonWave's loss widened to $27.3 million, or 71 cents per share, in the fourth quarter, from $13.4 million, or 38 cents per share, a year earlier.
Revenue more than tripled to $28.3 million.