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Westell Technologies Inc (PK)

Westell Technologies Inc (PK) (WSTL)

1.47
0.00
(0.00%)
Closed April 30 4:00PM

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Key stats and details

Current Price
1.47
Bid
1.44
Ask
1.47
Volume
-
0.00 Day's Range 0.00
1.34 52 Week Range 1.85
Previous Close
1.47
Open
-
Last Trade
Last Trade Time
Average Volume (3m)
7,277
Financial Volume
-
VWAP
-

WSTL Latest News

No news to show yet.
PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
1001.471.471.40458741.4614957CS
40.010.6849315068491.461.491.39262521.43422568CS
12-0.04-2.649006622521.511.691.39272771.49332797CS
26-0.0075-0.5076142131981.47751.771.3478671.54006616CS
52-0.14-8.695652173911.611.851.3472901.61854395CS
1560.65580.36809815950.8151.870.6991141.2387066CS
2600.971940.51.870.5108671.10464415CS

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WSTL Discussion

View Posts
Thugmuffin Thugmuffin 2 years ago
$WSTL Westell® Unveils New ProtectLink™ UHF & VHF Series of Bi-Directional AmplifiersPress Release | 03/18/2022
Westell® Unveils New ProtectLink™ UHF & VHF Series of Bi-Directional Amplifiers

PR Newswire

AURORA, Ill., March 18, 2022

Westell's ProtectLink series offers the most customizable, flexible, and cost-effective solutions for Public Safety Emergency Responder Communications Enhancement Systems (ERCES) and Private Land Mobile Radio (LMR) Services.

AURORA, Ill., March 18, 2022 /PRNewswire/ -- Westell, a leading provider of high-performance in-building wireless solutions, introduced a new series of UHF & VHF Bi-Directional Amplifiers (BDAs) in the ProtectLink line of public safety and private land mobile radio products today.

New! Westell ProtectLink Public Safety Series UHF & VHF Bi-Directional Amplifiers (BDAs)

First responders must be able to communicate and respond quickly during emergencies to save lives. The ProtectLink series provides seamless in-building communication coverage even in the most challenging environments. Listed to the UL 2524 Standard, second edition, In-Building 2-Way Emergency Radio Communication Enhancement Systems, ProtectLink meets or exceeds current National Fire Protection Association (NFPA) and International Fire Code (IFC) guidelines, regulations, and standards.

"We're working to back up our first responders with communications systems that meet or exceed all standards set by the public safety experts in this field. As ERCES enforcement and mandates become more stringent, our ProtectLink products, sales team, and support staff are positioned to support these important, critical infrastructure networks. We look forward to educating the market about our industry-leading BDAs that are easy to install, software upgradable products that meet or exceed current industry standards," said J. J. Swartwood, Westell Sr. Vice President of Worldwide Sales.

The ProtectLink series of public safety products represent the next generation of in-building wireless coverage for first responders as required by NFPA 1221 and IFC 510 building codes. These new UHF & VHF BDAs are Listed to UL 62368-1 and UL 508A (UL50E Type 4), and also certified to FCC Part 90.

"Westell's goal is to provide the most comprehensive solution set of in-building wireless products and equipment on the market," Swartwood said. "With the introduction of our new UHF & VHF ProtectLink BDAs, we just took a huge step toward accomplishing that goal through a product that is built for flexibility, reliability, and a low total cost of ownership."

Commercial and industrial sectors also utilize the quick, secure, and reliable communication benefits of private land mobile radio systems to optimize resources and site management. The new ProtectLink UHF & VHF BDAs offer a broad range of flexibility and customization starting with the choice between an integrated duplex or simplex configuration. ProtectLink BDAs maximize the return on your workforce LMR and ERCES communication investments with configuration versatility, greater control, and easier installation.

Features packed into all versions and configurations include:

Listed to UL 2524, UL 62368-1, UL 50E Type 4
Intelligent oscillation management, self-healing
Emergency power off (EPO)
Full-featured, easy-to-use web GUI
Built-in isolation testing
Dry contact alarm port for an optional remote annunciator panel with a distance of up to 3,000'
85dB downlink gain, 85dB uplink
Support for P25 phase 1 & 2
3-year warranty

General availability of ProtectLink UHF & VHF BDA Class A and Class B models is scheduled for May of 2022. Westell is showcasing the new UHF & VHF BDAs at the IWCE Conference and Expo in Las Vegas March 23-24, 2022 at booth #1614, and at the NFPA Conference and Expo in Boston June 6-9, 2022 at booth #1109. Visit our website for upcoming UHF & VHF BDA training and certification opportunities. For more product information visit the UHF Bi-Directional Amplifiers or the VHF Bi-Directional Amplifiers product pages.

About Westell:
Westell is a leading provider of high-performance wireless infrastructure solutions focused on innovation and differentiation at the edge of communication networks where end users connect. The Company's portfolio of products and solutions enable service providers and network operators to improve performance and reduce operating expenses. With millions of products successfully deployed worldwide, Westell is a trusted partner for transforming networks into high quality, reliable systems. For more information, please visit www.westell.com or email Customer Service at customerservice@westell.com or (800) 377-8766.

Westell Technologies, Inc. (Pink: WSTL) trades on the Pink Open Market. Investors can find Real-Time quote and market information for the Company on www.otcmarkets.com. Twitter: @Westell_Tech

Westell Technologies, Inc.

View original content to download multimedia:https://www.prnewswire.com/news-releases/westell-unveils-new-protectlink-uhf--vhf-series-of-bi-directional-amplifiers-301505430.html
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ElementaryValue ElementaryValue 2 years ago
I've written WSTL up here;

https://www.elementaryvalue.com/home/westell-technologies-corp-wstl-holding-on-for-brighter-days
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Renee Renee 4 years ago
WSTL delisted from the Nasdaq to the OTC:

https://otce.finra.org/otce/dailyList?viewType=Additions
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willlbone willlbone 4 years ago
Looks like the insiders sold before the news.
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willlbone willlbone 4 years ago
Nice drop.
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keekee keekee 4 years ago
You think people could read and make buying decisions. Not really. $1.48 vs $1.09, most hedge funds don't make that percentage in two years, but here it is guaranteed. Yet folks allow the idiots making market here to criminally sell it to punish someone they stole data from Order Routing. And that is how they're able to commit these frauds and get away. Folks see selling and assume something is wrong. When a huge opportunity was presented by idiots on another quest....a quest to prove that they're kings. FOOLS.....
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keekee keekee 4 years ago
I am the reason. The idiots making market here saw that I bought three days ago and since then chose to squeeze me out. Hasn't worked so well. I bought at $1.14 Friday, then $1.03 and $0.98 premkt Monday. APPLAUD Me!!!
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mov1es mov1es 4 years ago
If this is going to be paid out at $1.48 on reverse/fwd split why is not trading closer to the payout price?
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Lazarus Lazarus 5 years ago
OK then, I'll call it. The bottom was $1.31 (which happened to be the low on the day I made that post and 7/10 of a penny lower than my fill price)
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Lazarus Lazarus 5 years ago
Kinda quite here. Any bottom callers out there?
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Three Brothers Three Brothers 7 years ago
Agreed. Just added 6K shares at .58. Will add more soon prior quarter report.
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ajayman ajayman 7 years ago
Agreed. I bought in a couple weeks ago and will probably make another position when it dips again before earnings is released.
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stockyupydowny stockyupydowny 7 years ago
"crickets"? this may have been overlooked LOL - great starter position here
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tjguy tjguy 7 years ago
Agreed! Very positive and bodes well for the future!

Hopefully they can get some sales in the First Responder segment - is that what they call it?

Anyway, looking for positive things from them again next quarter!
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bbhuey bbhuey 7 years ago
They made a lot of positive changes .
They will reduce their rent by $1.5 M per year starting in October. Award of the First Net contracts to start in April. Company already had 2 first net products and bolt on hardened battery packs and enclosures for this matket.They had a lot of software licensing business that they were booking
but has to spread over the term.
Great positive cash flow actions and increase in dross profit margins to 40 percent from the 30s.
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tjguy tjguy 7 years ago
Agreed! They are making progress. Q4 was normally slow because of weather, but still, income was down a bit. Hopefully forecast for next Quarter is better. Costs were down significantly which enabled them to increase their cash on hand. Overall pretty good.
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jloerke jloerke 7 years ago
earnings weren't great but not terrible. still remaining hopeful long term
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tjguy tjguy 7 years ago
Earnings on Feb. 8th after market close!

Should be a good earnings release and the stock is inching up in anticipation of that.

Real potential to turn profitable this year - CEO predicts that.

It will be a good year for Westell!

Anyone else jumping on for a ride?
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Chance Chance 8 years ago
bulls running on the way up
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Chance Chance 8 years ago
well well westell..watching for a spot
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BrazenBull BrazenBull 8 years ago
how long can this trade on the Naz at this volume before being kicked to the otc?
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Believe24/7 Believe24/7 9 years ago
I've seen and used there products good stuff....jumped in today :)
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NGC 2537 NGC 2537 10 years ago
This is what they do with investors money; something they have been doing for decades...
Reuters shows the whole gang's compensations - unbelievable!

http://www.reuters.com/finance/stocks/insiderTrading?symbol=WSTL.O&name=&pn=1&sortDir=&sortBy=

Name                Trading Date    Type    Shares Traded   Price

Gilbert Richard       05/22/14       Gift        14,263          $0.00
                              05/22/14       Buy        84,330          $0.00
                              05/22/14       Sell          6,820          $2.59
                              04/03/14       Sell        24,262          $3.71
                              04/03/14       Gift      134,078          $0.00
                              04/02/14       Sell       25,413           $3.82
                              03/31/14       Sell       39,660           $3.83
                              03/31/14       Buy       82,500           $0.00
                              03/31/14       Buy       30,000           $0.00
                              12/11/13       Sell       25,000           $3.90
                              09/11/13       Sell       25,000           $3.22
                              06/12/13       Sell         8,785           $2.35
                              06/11/13       Sell         6,215           $2.30
                              04/03/13       Gift     134,235           $0.00
                              04/03/13       Sell       24,262           $2.04
                              04/01/13       Sell       52,017           $2.02
                              03/31/13       Sell       39,503           $2.01
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Je3232 Je3232 10 years ago
Any thoughts on future of Westell
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Je3232 Je3232 10 years ago
Not sure what happened to this company
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stocktrademan stocktrademan 10 years ago
$WSTL recent news/filings

bullish year+ buy and hold

## source: finance.yahoo.com

Fri, 08 Aug 2014 17:04:17 GMT ~ WESTELL TECHNOLOGIES INC Financials


read full: http://finance.yahoo.com/q/is?s=wstl
*********************************************************

Fri, 08 Aug 2014 14:31:00 GMT ~ Westell Technologies Receives 2014 Mobility Tech Zone LTE Visionary Award

[Business Wire] - Westell Technologies, Inc. , a leading provider of in-building wireless, intelligent site management, cell site optimization, and outside plant solutions, announced today that Mobility Tech Zone, the leading website dedicated to the mobile broadband industry, has recognized Westell’s tower mounted amplifiers as a recipient of the 2014 LTE Visionary Award.

read full: http://finance.yahoo.com/news/westell-technologies-receives-2014-mobility-143100421.html
*********************************************************

Fri, 01 Aug 2014 18:21:10 GMT ~ WESTELL TECHNOLOGIES INC Files SEC form 10-Q, Quarterly Report


read full: http://biz.yahoo.com/e/140801/wstl10-q.html
*********************************************************

Wed, 30 Jul 2014 20:36:17 GMT ~ WESTELL TECHNOLOGIES INC Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and


read full: http://biz.yahoo.com/e/140730/wstl8-k.html
*********************************************************

Wed, 30 Jul 2014 20:25:00 GMT ~ Westell Technologies reports first quarter revenue of $28 million

[Business Wire] - Westell Technologies, Inc. , a leading provider of in-building wireless, intelligent site management, cell site optimization, and outside plant solutions, today annou

read full: http://finance.yahoo.com/news/westell-technologies-reports-first-quarter-202500007.html
*********************************************************


$WSTL charts

basic chart ## source: stockcharts.com



basic chart ## source: eoddata.com



big daily chart ## source: stockcharts.com



big weekly chart ## source: stockcharts.com


$WSTL company information

## source: otcmarkets.com

Link: http://www.otcmarkets.com/stock/WSTL/company-info
Ticker: $WSTL
OTC Market Place: Not Available
CIK code: 0001002135
Company name: Westell Technologies, Inc.
Company website: http://www.westell.com
Incorporated In: DE, USA


$WSTL share structure

## source: otcmarkets.com

Market Value: $78,205,358 a/o Aug 07, 2014
Shares Outstanding: 46,209,317 a/o Jul 21, 2014
Float: Not Available
Authorized Shares: Not Available
Par Value: 0.01
$WSTL extra dd links

Company name: Westell Technologies, Inc.
Company website: http://www.westell.com

## STOCK DETAILS ##
After Hours Quote (nasdaq.com): http://www.nasdaq.com/symbol/WSTL/after-hours
Option Chain (nasdaq.com): http://www.nasdaq.com/symbol/WSTL/option-chain
Historical Prices (yahoo.com): http://finance.yahoo.com/q/hp?s=WSTL+Historical+Prices
Company Profile (yahoo.com): http://finance.yahoo.com/q/pr?s=WSTL+Profile
Industry (yahoo.com): http://finance.yahoo.com/q/in?s=WSTL+Industry

## COMPANY NEWS ##
Market Stream (nasdaq.com): http://www.nasdaq.com/symbol/WSTL/stream
Latest news (otcmarkets.com): http://www.otcmarkets.com/stock/WSTL/news - http://finance.yahoo.com/q/h?s=WSTL+Headlines

## STOCK ANALYSIS ##
Analyst Research (nasdaq.com): http://www.nasdaq.com/symbol/WSTL/analyst-research
Guru Analysis (nasdaq.com): http://www.nasdaq.com/symbol/WSTL/guru-analysis
Stock Report (nasdaq.com): http://www.nasdaq.com/symbol/WSTL/stock-report
Competitors (nasdaq.com): http://www.nasdaq.com/symbol/WSTL/competitors
Stock Consultant (nasdaq.com): http://www.nasdaq.com/symbol/WSTL/stock-consultant
Stock Comparison (nasdaq.com): http://www.nasdaq.com/symbol/WSTL/stock-comparison
Investopedia (investopedia.com): http://www.investopedia.com/markets/stocks/WSTL/?wa=0
Research Reports (otcmarkets.com): http://www.otcmarkets.com/stock/WSTL/research
Basic Tech. Analysis (yahoo.com): http://finance.yahoo.com/q/ta?s=WSTL+Basic+Tech.+Analysis
Barchart (barchart.com): http://www.barchart.com/quotes/stocks/WSTL
DTCC (dtcc.com): http://search2.dtcc.com/?q=Westell+Technologies%2C+Inc.&x=10&y=8&sp_p=all&sp_f=ISO-8859-1
Spoke company information (spoke.com): http://www.spoke.com/search?utf8=%E2%9C%93&q=Westell+Technologies%2C+Inc.
Corporation WIKI (corporationwiki.com): http://www.corporationwiki.com/search/results?term=Westell+Technologies%2C+Inc.&x=0&y=0
WHOIS (domaintools.com): http://whois.domaintools.com/http://www.westell.com
Alexa (alexa.com): http://www.alexa.com/siteinfo/http://www.westell.com#
Corporate website internet archive (archive.org): http://web.archive.org/web/*/http://www.westell.com

## FUNDAMENTALS ##
Call Transcripts (nasdaq.com): http://www.nasdaq.com/symbol/WSTL/call-transcripts
Annual Report (companyspotlight.com): http://www.companyspotlight.com/library/companies/keyword/WSTL
Income Statement (nasdaq.com): http://www.nasdaq.com/symbol/WSTL/financials?query=income-statement
Revenue/EPS (nasdaq.com): http://www.nasdaq.com/symbol/WSTL/revenue-eps
SEC Filings (nasdaq.com): http://www.nasdaq.com/symbol/WSTL/sec-filings
Edgar filings (sec.gov): http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001002135&owner=exclude&count=40
Latest filings (otcmarkets.com): http://www.otcmarkets.com/stock/WSTL/filings
Latest financials (otcmarkets.com): http://www.otcmarkets.com/stock/WSTL/financials
Short Interest (nasdaq.com): http://www.nasdaq.com/symbol/WSTL/short-interest
Dividend History (nasdaq.com): http://www.nasdaq.com/symbol/WSTL/dividend-history
RegSho (regsho.com): http://www.regsho.com/tools/symbol_stats.php?sym=WSTL&search=search
OTC Short Report (otcshortreport.com): http://otcshortreport.com/index.php?index=WSTL
Short Sales (otcmarkets.com): http://www.otcmarkets.com/stock/WSTL/short-sales
Key Statistics (yahoo.com): http://finance.yahoo.com/q/ks?s=WSTL+Key+Statistics
Insider Roster (yahoo.com): http://finance.yahoo.com/q/ir?s=WSTL+Insider+Roster
Income Statement (yahoo.com): http://finance.yahoo.com/q/is?s=WSTL
Balance Sheet (yahoo.com): http://finance.yahoo.com/q/bs?s=WSTL
Cash Flow (yahoo.com): http://finance.yahoo.com/q/cf?s=WSTL+Cash+Flow&annual

## HOLDINGS ##
Major holdings (cnbc.com): http://data.cnbc.com/quotes/WSTL/tab/8.1
Insider transactions (yahoo.com): http://finance.yahoo.com/q/it?s=WSTL+Insider+Transactions
Insider transactions (secform4.com): http://www.secform4.com/insider-trading/WSTL.htm
Insider transactions (insidercrow.com): http://www.insidercow.com/history/company.jsp?company=WSTL
Ownership Summary (nasdaq.com): http://www.nasdaq.com/symbol/WSTL/ownership-summary
Institutional Holdings (nasdaq.com): http://www.nasdaq.com/symbol/WSTL/institutional-holdings
Insiders (SEC Form 4) (nasdaq.com): http://www.nasdaq.com/symbol/WSTL/insider-trades
Insider Disclosure (otcmarkets.com): http://www.otcmarkets.com/stock/WSTL/insider-transactions

## SOCIAL MEDIA AND OTHER VARIOUS SOURCES ##
PST (pennystocktweets.com): http://www.pennystocktweets.com/stocks/profile/WSTL
Market Watch (marketwatch.com): http://www.marketwatch.com/investing/stock/WSTL
Bloomberg (bloomberg.com): http://www.bloomberg.com/quote/WSTL:US
Morningstar (morningstar.com): http://quotes.morningstar.com/stock/s?t=WSTL
Bussinessweek (businessweek.com): http://investing.businessweek.com/research/stocks/snapshot/snapshot_article.asp?ticker=WSTL



$WSTL DD Notes ~ http://www.ddnotesmaker.com/WSTL
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BrazenBull BrazenBull 10 years ago
Anyone still here?
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dave5197 dave5197 10 years ago
Possible breakout today, methinks!
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dave5197 dave5197 10 years ago
snow!
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2midnite 2midnite 10 years ago
Some nice after hours activity following today's news... What do you think tomorrow will bring?
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SPM555 SPM555 12 years ago
WSTL Chart Analysis – Symmetrical triangle trading near it’s apex

WSTL (Westell Technologies, Inc trading on the Nasdaq GS) has been trading in a channel for the past 10 months or so, and the channel has a descending trendline for resistance and an ascending trendline for support.

That’s what’s known as a symmetrical triangle pattern, and at the moment the price is trading pretty close to the triangle’s apex, meaning it will likely choose a direction soon.

http://ichartpennystocks.com/wstl-chart-analysis-symmetrical-triangle-trading-near-its-apex/
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10 bagger 10 bagger 13 years ago
No.. Out of sight,, out of mind.. hank
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Theo Theo 13 years ago
Westell’s HomeCloud Earns CES 2011 Innovations Award for Design and Engineering

AURORA, Ill.--(BUSINESS WIRE)-- Westell Technologies, Inc. (NASDAQ:WSTL - News), a leading provider of broadband products, outside plant telecommunications equipment and conferencing services, today announced that it has been named an International CES 2011 Innovations Design and Engineering Awards Honoree for its visionary HomeCloud™ solution and groundbreaking HomeCloud Digital Home Manager (DHM) network appliance. Products entered in this prestigious program are judged by a preeminent panel of independent industrial designers, engineers and members of the media to honor outstanding design and engineering in cutting edge consumer electronics products across 35 product categories.

Cloud-based applications accessed via the Internet are becoming increasingly important to residential consumers. The benefits of these applications include virtualized storage, device and location independence, and ease of use. However, the expanding use of these applications is leading to increased complexity in sharing personal data with the right services at the right time. Also, consumers are concerned with the privacy of their data -- how it is used today by a particular application provider, and how it may be used in the future.

HomeCloud simplifies the situation for the end consumer by creating a home-based cloud computing environment. In doing so, consumers unify their home data access and gain an application platform from which to run a personalized set of cloud-like applications. Since HomeCloud applications operate within the home, users have improved control of their personal data. HomeCloud allows them to easily share and synchronize data among their home devices. When desired, it can also selectively link home data to their preferred Internet-based applications and services. At the heart of the solution is the HomeCloud DHM. The DHM is a new consumer network appliance from Westell that utilizes a patent-pending combination of specialized software and hardware in order to create a personal cloud in the home.

“The CEA and International CES are prestigious industry organizations, and we are proud to be recognized for our technology innovation and excellence by industry experts,” said Christopher J. Shaver, Vice President and General Manager of Westell’s Customer Networking Solutions division. “The Innovations Award validates our concept for bringing cloud application technology into the home,” he said.

Westell’s HomeCloud DHM will be displayed at the 2011 International CES, which runs January 6-9, 2011 in Las Vegas, Nevada as part of the Innovations Design and Engineering Showcase. The showcase will feature honorees by product category in the Grand Lobby of the Las Vegas Convention Center. Additional information including introductory white papers can be obtained by visiting www.homecloud.com.
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dffhogs dffhogs 13 years ago
You still in?
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dffhogs dffhogs 13 years ago
Did you re-enter? Wish I had.....
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Theo Theo 14 years ago
Westell Technologies Reports Earnings Up 65%

AURORA, Ill.--(BUSINESS WIRE)-- Westell Technologies Fiscal 2011 Second Quarter Highlights:

* Fiscal second quarter net income increased 65%, to $4.8 million, compared with $2.9 million in the same quarter of the prior year.
* Earnings per share were $0.07 per share for the quarter, compared with $0.04 per share in the same quarter of the prior year.
* Fiscal second quarter revenue of $51.1 million was up 8% compared with the same quarter of the prior year.
* Outside Plant Systems division operating profit for the quarter rose 45% on a 24% increase in revenue, compared with the prior year.
* The Customer Networking Solutions division generated positive operating income.
* Cash and cash equivalents increased by $8.3 million during the quarter, to $70.1 million.

Westell Technologies, Inc. (NASDAQ:WSTL - News), a leading provider of broadband products, outside plant telecommunications equipment and conferencing services, today announced results for its fiscal 2011 second quarter ended September 30, 2010. Total revenue for the quarter was $51.1 million, up 8% from $47.4 million in the fiscal second quarter of the prior year. Net income during the quarter was $4.8 million, or $0.07 per diluted share, compared to net income of $2.9 million, or $0.04 per diluted share, in the same quarter of the prior year. This is an increase of $1.9 million, or 65%. Total cash and cash equivalents were $70.1 million at September 30, 2010, up $8.3 million during the quarter.

“We are very pleased to be reporting increases in revenues and earnings, along with very strong cash flow,” said Chairman and CEO Rick Gilbert. “This demonstrates excellent execution and progress across the entire company.”

Fiscal Second Quarter Division and Consolidated Results

The Customer Networking Solutions (CNS) division reported revenue of $24.6 million in the second quarter of fiscal 2011, up 2% compared to $24.0 million in the same quarter of the prior year. VersaLink gateway product revenue increased in the current quarter compared to the same quarter of the prior year, on broad and robust customer demand, while revenue from modems decreased. UltraLine Series3 revenues of $5.6 million in the quarter were approximately the same as in the prior-year quarter. There were no material software-project revenues during the fiscal second quarter of 2011. CNS gross profit decreased by $0.2 million, with gross margin decreasing to 16.3%, compared with 17.5% in the prior-year quarter. Operating expenses dropped by $0.6 million, compared with the prior-year quarter. This decrease occurred in spite of increased investment in the HomeCloud initiative. As a result, the CNS results improved to operating income of $0.2 million for the second quarter of fiscal 2011, compared with an operating loss of $0.2 million in the same quarter of the prior year.

Revenue in the Outside Plant Systems (OSP) division was $16.1 million in the quarter, up 24% compared to $13.0 million in the same quarter of the prior year. OSP revenue continues to benefit from strong demand for its products that service the market for backhaul of cellular traffic. Fiscal 2011 second quarter gross profit increased by $1.8 million, or 34%, as a result of increased sales. Gross margins were 45.5%, compared with 42.0% in the prior-year quarter. Operating expenses increased $0.5 million, reflecting both increased activity and OSP’s ongoing development of new Ethernet-based products for the cellular backhaul market. The resulting operating income for OSP was $4.3 million, up $1.3 million versus the same quarter of the prior year.

Conference Plus (CP) revenue was up slightly to $10.4 million in the quarter, compared to $10.3 million in the same quarter of the prior year. Gross profit increased by $0.2 million on better gross margins, and operating expenses were $0.1 million higher. Operating income of $1.1 million therefore improved by $0.1 million, versus the same quarter of the prior year.

On a consolidated basis, fiscal second quarter revenue of $51.1 million was up 8%, or $3.7 million, compared with $47.4 million in the same quarter of the prior year. Gross profit increased $1.9 million, and gross margins were 32.3%, compared with 30.8% in the same quarter of the prior year. Operating expenses were essentially unchanged at $11.5 million. The gross profit improvement therefore translated to a $1.9 million increase in consolidated net income, which was $4.8 million, compared with $2.9 million in the same quarter of the prior year.

“With Outside Plant leading the way, all three of our divisions produced increases in both revenues and operating profits this quarter, compared with the prior-year quarter,” said Chairman and CEO Rick Gilbert. “This is another outstanding quarter for Westell.”
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Theo Theo 14 years ago
I'm gonna take a chance and hold going into earnings results:

Westell to Host Fiscal Second Quarter 2011 Earnings Call on October 21, 2010

AURORA, Ill.--(BUSINESS WIRE)-- Westell Technologies, Inc. (NASDAQ: WSTL, “Westell”), a leading provider of broadband products, outside plant telecommunications equipment and conferencing services, announced today that its subsidiary, Conference Plus, Inc. (ConferencePlus®), will manage Westell’s fiscal second quarter 2011 earnings conference call on Thursday, October 21, at 9:00 AM Eastern Time using its EventManager™ Service.

Westell will release its September 30, 2010 second quarter results on Wednesday, October 20, 2010, following the market close. Westell then will host its earnings conference call for analysts, shareholders, investors and the public on Thursday, October 21, at 9:00 AM Eastern Time. Participants can register for the Westell conference by going to the URL: http://www.conferenceplus.com/westell
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ACMarine ACMarine 14 years ago
I too sold this morning at 2.10. Similar entry point. Will keep an eye on this for reentry.
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dffhogs dffhogs 14 years ago
I got out today at $2.10 from a $1.35 entry back in May...Volume is decreasing...If it retraces back to $1.90 I may re-enter...
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dffhogs dffhogs 14 years ago
Watchin the chart...still strong volume, have not sold. Will continue to watch the chart and get out when I think it is oversold, most likely when the +DI crosses back below the ADX....not sayin its done, just in need of a pullback.

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Theo Theo 14 years ago
$2.10 in AH (Yahoo= After Hours: 2.10 Up 0.04 (1.94%) 6:34PM EDT)
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ACMarine ACMarine 14 years ago
Great run over last 2 days. Still holding until 2.0?
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dffhogs dffhogs 14 years ago
WSTL...$1.90

At its 52 week high...

Weeeeeeeeeeeeeeeeeeeeeeeeeee!
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ACMarine ACMarine 14 years ago
Looks like we could see $2 in the next week or so.
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dffhogs dffhogs 14 years ago
Still in....lookin for $2
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ACMarine ACMarine 14 years ago
Anybody still on WSTL with me? Just wanted some thoughts as to when you plan on selling/staying on?
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ACMarine ACMarine 14 years ago
Thanks Beazy. I appreciate it. I will keep an eye on this one in the upcoming days. Take care and Best of Luck to you.
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Beazy Beazy 14 years ago
No apologies necessary, I would sell into the news (so sometime in the near future), as we are entering overbought territories. I unfortunately got out a few days ago as I was getting impatient, and missed the great 2nd quarter results! Congrats to you though!
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ACMarine ACMarine 14 years ago
Looks like we are making a nice run today. Any thoughts on when to jump out? Im new to penny's so apologies for the simple question...just trying to learn.
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Beazy Beazy 14 years ago
I think once we break the 1.60 mark and the flag pinches we could have a good run here!
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