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home / news releases / WTT - Wireless Telecom Non-GAAP EPS of -$0.08 revenue of $5.33M misses by $3.66M

WTT - Wireless Telecom Non-GAAP EPS of -$0.08 revenue of $5.33M misses by $3.66M

Wireless Telecom Group Inc.
  • Wireless Telecom press release ( NYSE: WTT ): Q3 Non-GAAP EPS of -$0.08.
  • Revenue of $5.33M (-27.8% Y/Y) misses by $3.66M .
  • New customer contracts of $13.0 million in the third quarter, which includes $11.6 million of bookings and a $1.4 million research grant which will be recognized as an offset to R&D expenses as incurred
  • Backlog of $12.8 million, reflecting a doubling of the $6.4 million backlog at June 30, 2022, and excludes the impact of the $1.4 million research grant.

For further details see:

Wireless Telecom Non-GAAP EPS of -$0.08, revenue of $5.33M misses by $3.66M
Stock Information
Company Name: Wireless Telecom Group Inc.
Stock Symbol: WTT
Market: NYSE
Website: wirelesstelecomgroup.com
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