WRAP Technologies (WRAP) Misses Q2 EPS by 7c

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Go back to WRAP Technologies (WRAP) Misses Q2 EPS by 7c

Wrap Technologies Reports Second Quarter 2021 Results

July 29, 2021 4:02 PM EDT

TEMPE, Ariz., July 29, 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 second quarter ended June 30, 2021.

Second Quarter 2021 Summary

Net sales of $1.9 million, growth of 132% year-over-yearGross margin impacted by one-time non-cash $0.7 million planned product line improvement expenseTrained agencies increased to over 800, growth of 85% from December 31, 2020Certified officer instructors... More