Wireless Telecom Group, Inc. (WTT) Misses Q4 EPS by 2c, Slight Beat on Revenues

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Wireless Telecom Group Announces Fourth Quarter and Year-End 2018 Financial Results

March 12, 2019 6:00 AM EDT

Highlights for the year ended December 31, 2018:

Net revenues of $52,788,000 A year over year increase of $6,710,000, or 14.6% Gross Margin of $24,167,000, or 45.8% Net income of $35,000 Non-GAAP Adjusted EBITDA of $4,829,000 Cash flow from Operations $3,990,000 2018 Year-end customer order backlog of $8,200,000

Highlights for the quarter ended December 31, 2018:

Net revenues of $12,091,000 A year over year increase of $55,000, or 0.5%, over the same period 2017 Gross Margin of $5,264,000, or... More