3 posts and columns on Powerwave

Voices

Tsunami Hits Powerwave; Stock Cut in Half

in News on October 31, 2008 at 5:00 am PT

Powerwave shares were cut in half today after the company issued disappointing guidance in a post-earnings call with analysts this morning. The company noted that some customers have been cancelling or delaying recent equipment orders. William Choi of Jefferies & Co. noted in his estimate that–surprise, surprise–”Customers are scaling back due to the weak economy and funding issues.”

Voices

Powerwave in Power Dive: Down 38 Percent This Week

in News on October 16, 2008 at 10:00 am PT

It’s been a bad week for Powerwave (PWAV): The stock is down 38 percent since Friday. Not a lot of substantive news, but plenty of incremental worry about the state of the communications equipment segment. Powerwave makes power amplifiers and other components for communications gear.