Wireless infrastructure provider Westell Technologies experienced a sequential growth in the in-building wireless (IBW) segment, mainly fueled by higher sales in public safety repeaters, the company said in a statement.
In fiscal Q1, ended June 30, the company recorded overall revenues of $9 million, down compared to $13 million in the year-ago quarter.
In fiscal Q1, revenues from the in-building wireless segment amounted to $2.9 million, down compared to $3.5 million in the year-ago period but up compared to $2.4 million in fiscal Q4 2019.
The company highlighted that IBW’s revenue increase was driven by higher sales across all product lines – public safety and commercial repeaters, RF system components, and DAS conditioners. IBW’s gross margin increase was driven by higher revenue and a more favorable mix, partly offset by higher excess and obsolete inventory costs, the firm said.
“In 1Q20, an increase in sequential-quarter IBW revenue was more than offset by lower ISM and CNS revenue. Within IBW, the sequential growth included increased sales of all products lines, including new public safety repeaters, while ISM and CNS were affected by lower sales of remote units and legacy products, respectively. Within CNS, our power distribution product sales were strong again and we continued to generate revenue from our new fiber access product line. In 1Q20, we also brought our expense levels down significantly compared to the prior quarter,” said Stephen John, Westell’s president and CEO.
“We are strategically focused on network densification at the edge, a key enabler for future 5G connectivity, with our product development, sales, and marketing activities concentrated on network edge solutions that solve for the increased capacity, intelligence, and deployment simplification needs of our customers,” John added.
Westell provides a comprehensive ClearLink in-building wireless solution to deliver the wireless coverage and capacity required to optimize the customer experience. The company also highlighted that its ClearLink solution improves network performance while minimizing operating and capital costs.