Wireless Telecom Group Inc (WTT) Gross Profit Margin starting from the first quarter 2023 to first quarter 2022, Profitability Trends and Ranking, Fundamental Ratios - CSIMarket
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Wireless Telecom Group Inc   (NYSE: WTT)
    Sector • Technology    Industry • Communications Equipment


Wireless Telecom Group Inc 's Gross Profit Margin by quarter

Trends, Rankings, Statistics



WTT Gross Profit Margin (Mar 31 2023)
Q1
(Dec 31 2022)
Q4
(Sep 30 2022)
Q3
(Jun 30 2022)
Q2
(Mar 31 2022)
Q1
Y / Y Revenue Change -32.73 %
Seq. Revenue Change 46.69 %
Revenue In Millions $4.95
Gross Profit Margin 59.58 %
Gross Profit Margin Total Ranking # 1285
Gross Profit In Millions $2.95
Y / Y Gross Profit Change -32.31 %
Seq. Gross Profit Change 22.58 %


Commenting First Quarter 2023 Gross Profit Margin
Wireless Telecom Group Inc has managed to improve its Revenue sequentially to $4.95 millions by 46.69 % faster than Gross Profit increase of 22.58 % to $2.95 millions, this led to contraction in Gross Profit Margin to 59.58 %, but the Wireless Telecom Group Inc I. Quarter Gross Profit Margin remained above company average rate of 48.31%.


Observing first quarter 2023 results within Communications Equipment industry 2 other companies have achieved higher Gross Profit Margin. While Gross Profit Margin total ranking has impoved so far to 1285, from total ranking in the previous quarter at 1506.
Learn about Gross Margin
WTT's Gross Profit Margin first quarter 2023 Company Ranking
Within: No.
Communications Equipment Industry # 3
Technology Sector # 246
Overall # 1261

Gross Profit Margin Statistics
High Average Low
71.3 % 48.31 % 28.02 %
(Dec 31 2022)   (Jun 30 2017)




Other Gross Profit Margin Profitability Ratios
WTT's Cumulative Gross Profit Margin
Communications Equipment Industry Gross Profit Margin Trends and Statistics
Technology Sector Gross Profit Margin Statistics
Gross Profit Margin Profitability Trends for overall market
WTT's Gross Profit Margin Profitability versus Communications Equipment Industry, Technology Sector and total Market
Highest Ranking Gross Profit Margin
Lowest Ranking Gross Profit Margin
Gross Profit Margin Profit Margin for WTT's Competitors
Gross Profit Margin Profit Margin for Wireless Telecom Group Inc 's Suppliers
Gross Profit Margin Profit Margin for WTT's Customers

You may also want to know
WTT's Annual Growth Rates WTT's Profitability Ratios WTT's Asset Turnover Ratio WTT's Dividend Growth
WTT's Roe WTT's Valuation Ratios WTT's Financial Strength Ratios WTT's Gross Profit Growth
WTT's Roa WTT's Inventory Turnover Ratio WTT's Growth Rates WTT's Dividend Comparisons


Companies with similar Gross Profit Margin in the quarter ending Mar 31 2023, within Communications Equipment Industry Gross Profit MarginMar 31 2023 MRQ Gross ProfitMar 31 2023 MRQ Revenue
Iridium Communications Inc   82.17 %$ 168.668  Millions$ 205.273  Millions
Wireless Telecom Group Inc   59.58 %$ 2.948  Millions$ 4.948  Millions
Rekor Systems Inc   53.63 %$ 3.317  Millions$ 6.185  Millions
Powerfleet Inc   50.95 %$ 16.618  Millions$ 32.618  Millions
Napco Security Technologies inc  49.17 %$ 21.279  Millions$ 43.279  Millions
George Risk Industries Inc   47.15 %$ 2.256  Millions$ 4.785  Millions
Track Group Inc   45.05 %$ 3.743  Millions$ 8.308  Millions
Amplitech Group Inc   44.17 %$ 1.817  Millions$ 4.112  Millions
Belden Inc   38.35 %$ 246.105  Millions$ 641.789  Millions
Esco Technologies inc   37.90 %$ 86.840  Millions$ 229.136  Millions
Comsovereign Holding Corp   37.68 %$ 0.182  Millions$ 0.483  Millions
Actelis Networks Inc  37.23 %$ 0.688  Millions$ 1.848  Millions
Inseego Corp   35.81 %$ 18.187  Millions$ 50.794  Millions
Optical Cable Corporation  34.57 %$ 6.783  Millions$ 19.620  Millions
Iteris inc   31.78 %$ 13.488  Millions$ 42.440  Millions
Corning Inc  31.56 %$ 1,003.000  Millions$ 3,178.000  Millions
Lumentum Holdings Inc   30.77 %$ 112.000  Millions$ 364.000  Millions
Turtle Beach Corporation  27.48 %$ 14.139  Millions$ 51.444  Millions
Alpine 4 Holdings Inc   21.41 %$ 5.216  Millions$ 24.362  Millions




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