Wrap Technologies Inc. (WRTC) Misses Q2 EPS by 2c
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Wrap Technologies Reports Second Quarter 2020 Results
July 30, 2020 4:12 PM EDTBalance Sheet Bolstered with $35.4 Million in Cash - Record Revenue of $833,000 and $1.5 Million Backlog
TEMPE, AZ / ACCESSWIRE / July 30, 2020 / Wrap Technologies, Inc. (the "Company" or "Wrap") (NASDAQ: WRTC), an innovator of modern policing solutions, reported results for the second quarter ended June 30, 2020.
Second Quarter and Recent Operational Highlights:
Appointed Marc Thomas as Chief Executive Officer, effective July 30, 2020Increased cash position to $35.4 million at June 30, 2020 after closing $12.4 million financing with existing investors and receiving $9.2 million from the exercise of warrants during the quarterSubsequent to the... More