Westell Technologies Inc (WSTL) Files 10-K for the Fiscal Year Ended on March 31, 2019

Westell Technologies Inc (WSTL, Financial) files its latest 10-K with SEC for the fiscal year ended on March 31, 2019. 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, ISMS segment. Westell Technologies Inc has a market cap of $27.250 million; its shares were traded at around $1.77 with and P/S ratio of 0.63.

For the last quarter Westell Technologies Inc reported a revenue of $9.71 million, compared with the revenue of $11.10 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $43.6 million, a decrease of 25.6% from the previous year. For the last five years Westell Technologies Inc had an average revenue decline of 15% a year.

The reported loss per diluted share was 73 cents for the year, compared with the earnings per share of $-1.04 in the previous year. The Westell Technologies Inc had an operating margin of -15.84%, compared with the operating margin of -2.2% a year before. The 10-year historical median operating margin of Westell Technologies Inc is -5.88%. The profitability rank of the company is 5 (out of 10).

At the end of the fiscal year, Westell Technologies Inc has the cash and cash equivalents of $25.5 million, compared with $25.0 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 $1.77, Westell Technologies Inc is traded at 27.8% discount to its historical median P/S valuation band of $2.45. The P/S ratio of the stock is 0.63, while the historical median P/S ratio is 0.85. The stock lost 39.18% during the past 12 months.

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