WRAP Technologies (WRAP) Reports In-Line Q4 EPS

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Wrap Reports Fourth Quarter 2020 Results

March 4, 2021 4:05 PM EST

TEMPE, Ariz., March 04, 2021 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (Nasdaq: WRAP) (the Company), a global leader in innovative public safety technologies and services, today announced results for its fourth quarter and fiscal year ended December 31, 2020.

Fourth Quarter 2020 Summary

Net Sales of $1.4 million, Growth of 464%Gross Margin of 33%Cash, Cash Equivalents and Short-Term Investments of $41.6 millionStock Symbol Changed to: WRAP

Full Year 2020 Summary

Net Sales of $3.9 million, Growth of 466%Gross... More