| (USD) | Dec 2022 | Q/Q |
|---|---|---|
| Revenue | 3.4MM | -37% |
| Gross Profit | 2.4MM | -10% |
| Cost Of Revenue | 968K | -64% |
| Operating Income | 3.1MM | -219% |
| Operating Expenses | -668K | -113% |
| Net Income | 7.9MM | -464% |
| R&D | -1.6MM | -246% |
| G&A | 469K | -85% |
| Marketing | 425K | -61% |
| Interest Expense | - | - |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
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Parsippany, New Jersey, USA, Aug. 04, 2023 (GLOBE NEWSWIRE) -- Wireless Telecom Group, Inc. (the “Company” or “WTT”), a leading test & measurement solutions provider, today announced that Maury Microwave, a leading provider of state-of-the-art RF measurement and interconnect solutions for wireless communication technologies, completed its previously announced acquisition of WTT. “The combination of Maury Microwave and WTT, including its prominent test and measurement divisions Boonton, Holzworth
Parsippany, New Jersey, USA, Aug. 02, 2023 (GLOBE NEWSWIRE) -- Wireless Telecom Group, Inc. (the “Company” or “WTT”), a leading test & measurement solutions provider, today announced that its shareholders voted to approve the previously announced merger agreement, pursuant to which, among other things, WTT will be acquired by Maury Microwave Inc. (“Maury”), a leading provider of state-of-the-art radio frequency measurement and interconnect solutions for wireless communication technologies. The m
Parsippany, New Jersey, USA, June 13, 2023 (GLOBE NEWSWIRE) -- Wireless Telecom Group (NYSE American: WTT), announced today that its test and measurement brands – Boonton, Holzworth, and Noisecom – will showcase industry-leading instruments with the performance and capability necessary for accelerating the development of next-generation wireless systems during IMS 2023 at Booth 1619. Product demonstrations will feature specialized capabilities across amplifier characterization, high-performance
Maury Microwave, Inc. ("Maury" or the "Company"), a leading provider of RF calibration, measurement, emulation and modeling solutions backed by Artemis Capital Partners ("Artemis"), announced today that it entered into a definitive agreement to acquire Wireless Telecom Group, Inc. (NYSE American: WTT) in a transaction that is expected to close in the third quarter of 2023, subject to the approval of Wireless Telecom Group Shareholders and the satisfaction of other customary closing conditions.
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 test & measurement solutions provider, today announced that it entered into a definitive merger agreement to be acquired by Maury Microwave, Inc. (“Maury”) in an all-cash transaction. Under the terms of the merger agreement, which was unanimously approved by the board of directors of each company, Maury
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 period last yearNet loss from continuing operations of $(941,000), compared to a net loss from continuing operations of $(796,000) for the same period last yearNon-GAAP Adjusted EBITDA of $(123,000), compared to Non-GAAP Adjusted EBITDA of $455,000 for the same period last yearBookings of $5.2 million in
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 CommAgility are presented as discontinued operations.Net revenues of $6.7 million, an increase of 14.3% compared to the same period last yearGross Profit of $4.0 million, or 60.0% of net revenue, compared to $3.3 million, or 55.5% of revenue in the same period last yearNet income from continuing operations of $256,0
Parsippany, New Jersey, USA, March 09, 2023 (GLOBE NEWSWIRE) -- Wireless Telecom Group, Inc. (NYSE American: WTT), announced today that its test and measurement brands Boonton, Holzworth, and Noisecom will showcase unique instrument capabilities for analyzing critical network performance metrics for satellite communications during SATELLITE 2023 at Booth 2732. Many new satellites are being launched into low Earth orbit (LEO) to deliver low-latency communications for various commercial and milita
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