WIRELESS TELECOM GROUP ANNOUNCES FOURTH QUARTER AND YEAR-END 2019 FINANCIAL RESULTS
Wireless Telecom Group, Inc. (WTT)
NASDAQ:AMEX Investor Relations:
boonton.com/investor-relations
Company Research
Source: GlobeNewswire
Highlights for the year ended December 31, 2019: ?Net revenues of $48,921,000 ?Gross Margin of $22,289,000, or 45.6% ?Net loss of $414,000 ?Non-GAAP Adjusted EBITDA of $2,475,000 ?Cash flow from Operations $80,000 ?2019 Year-end customer order backlog of $3,817,000 Parsippany, New Jersey, March 19, 2020 (GLOBE NEWSWIRE) -- Wireless Telecom Group, Inc. (NYSE American: WTT) (the “Company”) announced today results for the fourth quarter and twelve months ended December 31, 2019. For the quarter ended December 31, 2019, the Company reported consolidated net revenues of $11,569,000, compared to $12,091,000 for the same period in 2018, a decrease of 4.3%. For the twelve months ended December 31, 2019, the Company reported consolidated net revenues of $48,921,000 compared to $52,788,000 for the same period in 2018, a decrease of 7.3%. Tim Whelan, CEO of Wireless Telecom Group, Inc., commented, “We experienced a disappointing 2019, compared to our expectations for the secon
Show less
Read more
Impact Snapshot
Event Time:
WTT
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
WTT alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
WTT alerts
High impacting Wireless Telecom Group, Inc. news events
Weekly update
A roundup of the hottest topics