Wireless Telecom Group (NYSEAMERICAN:WTT) released its earnings results on Friday. The technology company reported ($0.04) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.02) by ($0.02), MarketWatch Earnings reports.
Shares of NYSEAMERICAN WTT opened at $1.48 on Monday. Wireless Telecom Group has a 1 year low of $0.71 and a 1 year high of $1.69.
Separately, B. Riley initiated coverage on shares of Wireless Telecom Group in a research note on Thursday, October 1st. They issued a “buy” rating and a $2.50 target price on the stock.
Wireless Telecom Group, Inc, together with its subsidiaries, designs, develops, manufactures, and markets radio frequency (RF) and microwave devices 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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