Wireless Telecom Group Inc   (WTT)
Other Ticker:  
    Sector  Technology    Industry Communications Equipment
Price: $2.1300 $0.00 0.000%
Day's High: $2.13 Week Perf: 0.95 %
Day's Low: $ 2.12 30 Day Perf: 1.91 %
Volume (M): 77 52 Wk High: $ 2.13
Volume (M$): $ 164 52 Wk Avg: $2.10
Open: $2.13 52 Wk Low: $2.07

 Market Capitalization (Millions $) 46
 Shares Outstanding (Millions) 21
 Employees -
 Revenues (TTM) (Millions $) 15
 Net Income (TTM) (Millions $) 0
 Cash Flow (TTM) (Millions $) 0
 Capital Exp. (TTM) (Millions $) 1

Wireless Telecom Group Inc
Wireless Telecom Group Inc is a company that focuses on providing telecommunications solutions for wireless networks. They offer a wide range of products and services such as testing and measurement equipment, RF components, and network management software. The company aims to help wireless network operators optimize their network performance and improve their overall customer experience. With their expertise in wireless communications, they strive to stay at the forefront of technological advancements and provide innovative solutions for the telecommunications industry.

   Company Address: 25 Eastmans Road Parsippany 7054 NJ
   Company Phone Number: 386-9696   Stock Exchange / Ticker: NYSE WTT


Stock Performances by Major Competitors

5 Days Decrease / Increase
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Iteris Inc

Iteris Inc Achieves Revenue Growth to $43.97 Million in Recent Fiscal Period

Iteris Inc, the communications equipment company, recently released its financial results for the most recent fiscal period, which ended on March 31, 2024. The company reported a slight increase in revenue, with a growth of 3.605% to $43.97 million compared to $42.44 million in the same reporting season a year ago. Sequentially, the revenue grew by 5.827% from $41.55 million.
In terms of earnings per share, Iteris Inc reached $0.00 per share in the most recent fiscal period, a considerable improvement compared to the loss of $-0.01 per share in the previous year's reporting season. The company has also achieved a net income of $0.100 million in this fiscal period, a significant improvement compared to the net loss of $-0.544 million in the same reporting season a year ago.

Optical Cable Corporation

Optical Cable Corporation Reports Sharp Decline in Revenue: A Closer Look at the Financial Results for February to April 30, 20242.

The financial results for Optical Cable Corporation for the time-frame closing on April 30, 2024, present a worrying picture for the company. Facing a significant decline in revenue and an increasing deficit per share, the future of Optical Cable Corporation seems uncertain. In this article, we will explore the implications of these results and the potential impact on the company's future prospects.
Decline in Revenue and Increase in Deficit:
Optical Cable Corporation witnessed a significant drop in revenue, with a decline of 18.252% from $19.62 million to $16.04 million compared to the same reporting period in the previous year. However, it is noteworthy that there was a sequential revenue increase of 9.006% from $14.71 million in the previous reporting season.

Iwallet Corp

2. Iwallet Corp Faces Significant Increase in Operating Deficit in First Quarter of 2024

The Communications Equipment industry is closely examining the performance of the first quarter of 2024. One company in particular, Iwallet Corp, has reported an operating deficit of $-0.009497 million for the period from January to March 2024. However, the company has not provided any information regarding its top-line figures for this period.
To better understand the recent results, it is important to compare them with the company's performance in the first quarter of 2023. During that reporting period, Iwallet Corp recorded an operating deficit of $-0.002784 million. This comparison highlights the significant increase in the operating deficit for the first quarter of 2024.

Rekor Systems Inc

Rekor Systems Inc Sees Unprecedented Revenue Increase, Defying Share Price Decline

Rekor Systems Inc, a company specializing in communications equipment, has experienced a significant decline in its share price over the past 5 days. This decline of -13.4% brings the overall drop in share price to -44.92% in the past 90 days. Currently trading on the NASDAQ, Rekor Systems Inc shares are -35% below its 52-week average.
The company's financial performance for the fiscal period ending March 31, 2024, showed a loss of $0.23 per share, compared to a loss of $0.23 per share in the previous year. This represents a significant increase in loss from the previous financial reporting period, where the loss was $0.14 per share. However, despite the increase in losses, Rekor Systems Inc saw a substantial growth in revenue, with a 58.092% increase to $9.78 million from $6.19 million in the same period the previous year. Sequentially, revenue decreased by -11.639% from $11.07 million.

The Coretec Group Inc

2. Shareholders Concerned as The Coretec Group Inc Reports Operating Loss in First Quarter of 2024

The recent financial results of The Coretec Group Inc have revealed some concerning figures that have caught the attention of shareholders. While revenue remained stable as expected, the operating loss during the first quarter of fiscal year 2024 has raised questions about the company's current stage and future prospects.
Operating Loss Continues:
During the fiscal period of January to March 31, 2024, The Coretec Group Inc recorded an operating loss of $-0.480549 million. This comes as a disappointment to shareholders who had anticipated a steady revenue stream during this earnings cycle. Moreover, when compared to the operating loss of $-0.459096 million during the first quarter of 2023, it becomes evident that the company has not made significant improvements in its performance.


Wireless Telecom Group Inc's Segments
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