Wireless Telecom Group (WTT) Announces Quarterly Earnings Results

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.



A hedge fund recently raised its stake in Wireless Telecom Group stock. X Square Capital LLC boosted its stake in shares of Wireless Telecom Group Inc (NYSEAMERICAN:WTT) by 17.4% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 337,488 shares of the technology company’s stock after buying an additional 50,000 shares during the period. X Square Capital LLC owned about 1.61% of Wireless Telecom Group worth $614,000 at the end of the most recent reporting period.

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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Earnings History for Wireless Telecom Group (NYSEAMERICAN:WTT)

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