Wireless Telecom Group Announces the Sale of the Company to Maury Microwave, Inc.
May 25, 2023 07:00 ET
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Wireless Telecom Group, Inc.
Shareholders to Receive $2.13 Per Share in Cash Parsippany, New Jersey, USA, May 25, 2023 (GLOBE NEWSWIRE) -- Wireless Telecom Group, Inc. (NYSE American: WTT) (the “Company” or “WTT”), a leading...
WIRELESS TELECOM GROUP ANNOUNCES FIRST QUARTER 2023 FINANCIAL RESULTS
May 15, 2023 08:00 ET
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Wireless Telecom Group, Inc.
Highlights for the quarter ended March 31, 2023: Revenue of $5.2 million compared to $6.1 million for the same period last yearGross profit of $2.9 million compared to $3.5 million for the same...
WIRELESS TELECOM GROUP ANNOUNCES FOURTH QUARTER AND YEAR-END 2022 FINANCIAL RESULTS
March 23, 2023 08:00 ET
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Wireless Telecom Group, Inc.
Highlights for the quarter ended December 31, 2022: Successful sale the CommAgility business on December 30, 2022 which raised approximately $12.2 million of net proceeds. Results of...
Wireless Telecom Group Announces Closing of Transaction with E-Space
December 30, 2022 16:05 ET
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Wireless Telecom Group, Inc.
Parsippany, New Jersey, USA, Dec. 30, 2022 (GLOBE NEWSWIRE) -- Wireless Telecom Group, Inc. (NYSE American: WTT) (the “Company”) today announced the completion of its previously announced sale of...
Wireless Telecom Group Announces the Sale of CommAgility, its Radio, Baseband and Software Segment, to E-Space
December 05, 2022 06:30 ET
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Wireless Telecom Group, Inc.
Parsippany, New Jersey, USA, Dec. 05, 2022 (GLOBE NEWSWIRE) -- Wireless Telecom Group, Inc. (NYSE American: WTT) (the “Company”) today announced it entered into a definitive agreement to sell its...
WIRELESS TELECOM GROUP ANNOUNCES THIRD QUARTER 2022 FINANCIAL RESULTS
November 14, 2022 16:05 ET
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Wireless Telecom Group, Inc.
Highlights for the quarter ended September 30, 2022: Net revenues of $5.3 million, a decrease of 27.7% from the same period last yearGross profit of $2.7 million, gross profit margin of 49.9%,...
WIRELESS TELECOM GROUP ANNOUNCES SECOND QUARTER 2022 FINANCIAL RESULTS
August 09, 2022 06:30 ET
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Wireless Telecom Group, Inc.
Highlights for the quarter ended June 30, 2022: ●Revenue of $6.1 million compared to $7.8 million for the same period last year●Gross profit of $3.4 million compared to $4.4 million for the same...
Wireless Telecom Group Provides Business Update at 2022 Annual Shareholders Meeting
July 29, 2022 06:30 ET
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Wireless Telecom Group, Inc.
Experienced investment bank engaged to help evaluate a full range of strategic alternatives Strong expected July contract signatures and bookings follows lower first half revenue performance ...
WIRELESS TELECOM GROUP ANNOUNCES FIRST QUARTER 2022 FINANCIAL RESULTS
May 11, 2022 06:30 ET
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Wireless Telecom Group, Inc.
Highlights for the quarter ended March 31, 2022: Completed Microlab sale to RF Industries, Ltd. on March 1, 2022 for $24.25 million Repaid debt of $4.7 million and terminated Muzinich...
WIRELESS TELECOM GROUP ANNOUNCES FOURTH QUARTER AND YEAR-END 2021 FINANCIAL RESULTS
March 17, 2022 06:30 ET
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Wireless Telecom Group, Inc.
Highlights for the year ended December 31, 2021: ●Net revenues of $49.2 million, an increase of 18.0% compared to the same period last year●Gross Profit of $25.1 million, or 50.9% of net...