Wireless Telecom Group (NYSEAMERICAN:WTT) issued its quarterly earnings results on Tuesday. The technology company reported ($0.01) EPS for the quarter, hitting the consensus estimate of ($0.01), Morningstar.com reports. The business had revenue of $12.09 million during the quarter.
NYSEAMERICAN WTT opened at $1.58 on Wednesday. Wireless Telecom Group has a 1 year low of $1.40 and a 1 year high of $2.56.
In related news, major shareholder Joseph M. Jr. Manko acquired 47,077 shares of the business’s stock in a transaction on Monday, December 31st. The shares were purchased at an average price of $1.75 per share, for a total transaction of $82,384.75. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, major shareholder Joseph M. Jr. Manko acquired 21,479 shares of the business’s stock in a transaction on Thursday, December 27th. The shares were bought at an average price of $1.65 per share, for a total transaction of $35,440.35. The disclosure for this purchase can be found here. In the last 90 days, insiders have acquired 96,351 shares of company stock worth $164,490.
Separately, Dawson James reiterated a “buy” rating on shares of Wireless Telecom Group in a research report on Monday, December 3rd.
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About Wireless Telecom Group
Wireless Telecom Group, Inc, together with its subsidiaries, designs, develops, manufactures, and markets radio frequency (RF) and microwave based products in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. The company operates in three segments: Network Solutions, Test and Measurement, and Embedded Solutions.
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