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home / news releases / WTT - Wireless Telecom Non-GAAP EPS of -$0.04 revenue of $6.1M


WTT - Wireless Telecom Non-GAAP EPS of -$0.04 revenue of $6.1M

  • Wireless Telecom press release ( NYSE: WTT ): Q2 Non-GAAP EPS of -$0.04.
  • Revenue of $6.1M (-21.8% Y/Y).
  • Consolidated gross profit margin of 56.3%, compared to 56.2% for the same period last year.
  • Non-GAAP Adjusted EBITDA of -$846K, compared to Non-GAAP Adjusted EBITDA of $105K for the same period last year.
  • Bookings of $10.7M compared to $18.7M for the same period last year, backlog of $6.4 million as of June 30, 2022.
  • "Our current bookings and contract expectations for the third quarter are approximately $8 million to $10 million providing a basis for reaccelerating revenue growth in the 2022 second half."

For further details see:

Wireless Telecom Non-GAAP EPS of -$0.04, revenue of $6.1M
Stock Information

Company Name: Wireless Telecom Group Inc.
Stock Symbol: WTT
Market: NYSE
Website: wirelesstelecomgroup.com

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