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Westell Technologies Inc (WSTL) Files 10-K for the Fiscal Year Ended on March 31, 2017

- By insider

Westell Technologies Inc (WSTL) files its latest 10-K with SEC for the fiscal year ended on March 31, 2017. Westell Technologies Inc, through its subsidiaries, designs, manufactures, and distributes telecommunications products to telephone companies and other telecommunications service providers. It operates in two segments, IBW and CSG segment. Westell Technologies Inc has a market cap of $43.400 million; its shares were traded at around $0.70 with and P/S ratio of 0.68.


For the last quarter Westell Technologies Inc reported a revenue of $15.4 million, compared with the revenue of $20.90 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $63.0 million, a decrease of 28.6% from the previous year. For the last five years Westell Technologies Inc had an average revenue growth rate of 12.4% a year.

The reported loss per diluted share was 26 cents for the year. The Westell Technologies Inc had an operating margin of -25.5%, compared with the operating margin of -19% a year before. The 10-year historical median operating margin of Westell Technologies Inc is -10.81%. The profitability rank of the company is 2 (out of 10).

At the end of the fiscal year, Westell Technologies Inc has the cash and cash equivalents of $21.8 million, compared with $19.2 million in the previous year. The company had no long term debt. Westell Technologies Inc has a financial strength rank of 8 (out of 10).

At the current stock price of $0.70, Westell Technologies Inc is traded at 14.6% discount to its historical median P/S valuation band of $0.82. The P/S ratio of the stock is 0.68, while the historical median P/S ratio is 0.80. The stock lost 18.82% during the past 12 months.

For the complete 20-year historical financial data of WSTL, click here.

This article first appeared on GuruFocus.