Wireless Telecom Group Inc (WTT) Set to Announce Quarterly Earnings on Tuesday
Wireless Telecom Group Inc (NYSEMKT:WTT) will issue its quarterly earnings data after the market closes on Tuesday, August 1st.
Wireless Telecom Group (NYSEMKT:WTT) last posted its quarterly earnings data on Monday, May 15th. The technology company reported ($0.06) earnings per share for the quarter. The firm had revenue of $9.55 million during the quarter. Wireless Telecom Group had a negative net margin of 12.90% and a negative return on equity of 14.43%.
Wireless Telecom Group Inc (NYSEMKT:WTT) opened at 1.54 on Tuesday. Wireless Telecom Group Inc has a 52-week low of $1.30 and a 52-week high of $1.99. The stock’s market capitalization is $34.33 million. The firm has a 50-day moving average of $1.56 and a 200-day moving average of $1.58.
In related news, CEO Timothy Whelan acquired 75,000 shares of the company’s stock in a transaction dated Tuesday, May 23rd. The shares were bought at an average price of $1.55 per share, for a total transaction of $116,250.00. Following the acquisition, the chief executive officer now owns 193,210 shares in the company, valued at approximately $299,475.50. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.
About Wireless Telecom Group
Wireless Telecom Group, Inc designs and manufactures radio frequency and microwave-based products for wireless and communications industries. It markets its products and services under the brand names, Boonton, Microlab and Noisecom. It serves commercial and government markets with solutions in distributed antenna systems (DAS), cellular/mobile, wireless fidelity, worldwide interoperability for microwave access (WiMAX), private mobile radio, satellite, cable, radar, avionics, medical and computing applications.
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