Wireless Telecom Group Announces Third Quarter 2018 Financial Results

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Wireless Telecom Group, Inc. (WTT) Reports Q3 EPS of $0.03; Offers 4Q Revenue Outlook

November 8, 2018 6:12 AM EST

Wireless Telecom Group, Inc. (NYSE: WTT) reported Q3 EPS of $0.03. Revenue for the quarter came in at $14.02 million.

Net revenues of $14,019,000 for the 3 months ended September 30, 2018, an increase of 11.6% over the same period last yearNet income of $558,000 or $0.03 per basic and diluted share for the 3 months ended September 30, 2018, a decrease of $95,000 over the same period last yearNon-GAAP adjusted EBITDA of $1,754,000 for the 3 months ended September 30, 2018, an increase of 20.4% over the same period last yearCash flow from Operations of... More