Key Developments For Westell Technologies Inc
Westell Technologies Inc (WSTL.O) (Nasdaq)
Westell Technologies, Inc. Announces Reactivation of Share Repurchase Program
Westell Technologies, Inc. announced its intention to reactivate its existing share repurchase program. The Company's Board of Directors previously approved the repurchase of up to an aggregate of $10 million of its Common Stock. Approximately $8.3 million remains available for repurchase under that authorization. Under the authorized repurchase program, any shares must be purchased on or before March 3, 2010.
Westell Technologies, Inc. Comments On H2 2010 Earnings Outlook
Westell Technologies, Inc. announced that it anticipates a more challenging profit picture for the second half of 2010. According to Reuters Estimates, analysts on an average are expecting the Company to report earnings per share (EPS) of $0.04 for the third and fourth quarters of 2010.
Westell Technologies, Inc.'s ConferencePlus Launches Flat Rate Audio And Web Conferencing Package Featuring Microsoft Office Live Meeting
Westell Technologies, Inc.'s Conference Plus, Inc. (ConferencePlus announced the launch of ConferencePlus One, a flat rate audio and web conferencing package featuring Microsoft Office Live Meeting. The ConferencePlus One package provides the small and medium-sized business market with a complete audio and web conferencing solution at an affordable flat rate.
SEC Investigation of Westell Technologies, Inc. Ends with No Enforcement Action
Westell Technologies, Inc. announced that it was notified by the Securities and Exchange Commission that the formal investigation into trading of the Company's securities which began in December, 2007 has been completed without any enforcement action.
Westell Technologies, Inc. Comments On FY 2010 Earnings Outlook
Westell Technologies, Inc. announced that for fiscal 2010, it expects break-even operating profit on a consolidated basis.
