Westell Technologies, Inc. Reports Earnings Results for the Full Year Ended March 31, 2021
May 21, 2021 at 04:17 pm EDT
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Westell Technologies, Inc. announced earnings results for the full year ended March 31, 2021. For the full year, the company announced sales was USD 29.947 million compared to USD 29.956 million a year ago. Operating loss was USD 4.681 million compared to USD 10.522 million a year ago. Net loss was USD 2.734 million compared to USD 10.102 million 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. 
