Wireless Telecom Group Announces First Quarter 2019 Financial Results
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Wireless Telecom Group, Inc. (WTT) Reports Q1 Loss of $0.02, Revenues Beat; Announces Target Revenues of $100M by 2023
May 8, 2019 6:26 AM EDTWireless Telecom Group, Inc. (NYSE: WTT) reported Q1 EPS of ($0.02), versus $0.02 reported last year. Revenue for the quarter came in at $13.03 million versus the consensus estimate of $12.03 million.
Net revenues of $13,032,000, reflecting growth in two of three segmentsGross Profit of $5,727,000, or 43.9%Net loss of $344,000Non-GAAP Adjusted EBITDA of $354,000New Customer orders of... More