WRAP Technologies (WRAP) Misses Q3 EPS by 1c

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Wrap Technologies Reports Third Quarter 2021 Results

October 28, 2021 4:03 PM EDT

TEMPE, Ariz., Oct. 28, 2021 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (Nasdaq: WRAP) (the Company), a global leader in innovative public safety technologies and services, today announced results for the third quarter ended September 30, 2021.

Third Quarter 2021 Summary

Net Revenues of $1.8 million, growth of 79% over prior year Q3 Gross Margin of 39% compared with 32% for prior year Q3Launched upgraded version of flagship remote restraint product the BolaWrap 150Announced a collaboration with Amazon Web Services (AWS) to deliver WRAP Realitys VR training platform to law... More