Wireless Telecom Group, Inc. (WTT) Tops Q2 EPS by 8c

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WIRELESS TELECOM GROUP ANNOUNCES SECOND QUARTER 2021 FINANCIAL RESULTS

August 11, 2021 6:20 AM EDT

Highlights for the quarter ended June 30, 2021:

Net revenues of $12.0 million, an increase of 8.2% from the same period last year, and up 6.2% from the 2021 first quarterGross profit of $6.1 million, gross profit margin of 51.0%, representing the fifth straight quarter of consolidated gross profit margin greater than 50%Operating income of $165,000, compared to an operating loss of $59,000 in the same period last yearNet... More