WIRELESS TELECOM GROUP ANNOUNCES FIRST QUARTER 2020 FINANCIAL RESULTS
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Wireless Telecom Group, Inc. (WTT) Reports Q1 Loss of $0.05, Revenues Miss
May 13, 2020 6:12 AM EDTWireless Telecom Group, Inc. (NYSE: WTT) reported Q1 EPS of ($0.05), versus ($0.02) reported last year. Revenue for the quarter came in at $9.43 million versus the consensus estimate of $12.03 million.
Net revenues of $9,429,000Gross Profit of $4,428,000, or 47.0%Net loss of $1,147,000Non-GAAP Adjusted EBITDA loss of $308,000March 31, 2020 customer order backlog of $4,901,000Tim Whelan, CEO of Wireless Telecom Group,... More
