Sales are now running at an annual rate of over $160m. The market cap is half that. It's hard for me to see why this business should be selling at less than one times sales, which would put fair value for the stock at $5.
This isn't a contract manufacturer or a grocery store. DRWI is the leader in packet microwave, offering differentiated products with capabilities that others don't have. Also growth in mobile broadband networks is way above growth in other sectors of the economy.
I do think you nailed it that we can foresee that the company is on track to have rising revenues going forward, and they smartly figured out a cost reduction plan that was put on hold from taking effect on last March 1 as the NSN deal put matters on hold in that regard. All of today's news
is bullish and should kick in buying interest.