DragonWave Inc. announced updated revenue expectations of approximately $44 million for its fourth quarter of fiscal year 2015, ended February 28, 2015. Revenue is lower than expected because of the uneven timing of installation services revenue, shipments that did not make the Fourth Quarter cut off, and delays in equipment orders, which are now expected to be received in fiscal year 2016.

Revenue for the full fiscal year 2015 is expected to be approximately $158 million, which represents growth of approximately 75% over fiscal year 2014.