Westell Technologies, Inc. Reports Earnings Results for the First Quarter Ended June 30, 2021
August 04, 2021
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Westell Technologies, Inc. announced earnings results for the first quarter ended June 30, 2021. For the first quarter, the company announced sales was USD 8.136 million compared to USD 7.350 million a year ago. Operating income was USD 7,000 compared to operating loss of USD 915,000 a year ago. Net income was USD 386,000 compared to net loss of USD 825,000 a year ago.
Westell Technologies, Inc. is a holding company, which conducts business through its subsidiary, Westell, Inc. (Westell). Westell designs, manufactures and distributes telecommunications solutions, which are sold to telephone companies. The Company's segments include In-Building Wireless (IBW), Intelligent Site Management (ISM), and Communications Network Solutions (CNS). The IBW segment solutions enable public safety and cellular coverage in stadiums, arenas, malls, buildings, and other indoor areas not served well by the existing outdoor radio network. The ISM segment solutions include a suite of remote units, which provide machine-to-machine communications that enable operators to remotely monitor, manage, and control physical site infrastructure and support systems. The CNS segment solutions include a range of hardened network infrastructure offerings suitable for both indoor and outdoor use. The offerings consist of integrated cabinets, power distribution products and others.
WESTELL TECHNOLOGIES, INC. 
