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Wireless Telecom Group Inc (WTT.A)

WTT.A on American Stock Exchange

1.40USD
24 Mar 2017
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Latest Key Developments (Source: Significant Developments)

Wireless Telecom reports qtrly loss per share $0.06
Monday, 20 Mar 2017 05:00pm EDT 

Wireless Telecom Group Inc : Wireless Telecom Group announces fourth quarter and year-end 2016 financial results . Q4 revenue rose 14 percent to $9.004 million . Wireless Telecom Group Inc qtrly loss per share $0.06 . Wireless Telecom Group Inc says "2016 was a challenging year" .Wireless Telecom Group Inc - sees Q1 revenue for combined network solutions and test & measurement segments between $8.0 million - $8.5 million.  Full Article

Wireless Telecom Group announces acquisition of Commagility Ltd
Tuesday, 21 Feb 2017 08:30am EST 

Wireless Telecom Group Inc : Wireless telecom group announces acquisition of commagility, ltd. . Wireless telecom group inc says initial purchase price for commagility is comprised of $12.5 million in cash and $6.25 million of wireless telecom common stock . Wireless telecom group inc - deal immediately accretive to margins and earnings . Wireless telecom group inc says acquisition is expected to be immediately accretive to wireless telecom's gross and adjusted ebitda margins . Wireless telecom group inc says total purchase consideration includes up to $12.5 million of additional cash consideration in form of a 24-month earn-out .Wireless telecom group -cash portion of deal at close was funded from combination of cash on hand and borrowings from newly issued senior credit facility.  Full Article

Wireless Telecom Group Q2 loss per share $0.01
Wednesday, 3 Aug 2016 05:46pm EDT 

Wireless Telecom Group Inc : Wireless telecom group announces second quarter 2016 financial results . Q2 revenue $7.61 million versus $8.213 million . Q2 loss per share $0.01 Further company coverage: [WTT.A] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Wireless Telecom Group board appoints Timothy Whelan as CEO
Thursday, 30 Jun 2016 05:15pm EDT 

Wireless Telecom Group Inc : WTT board appoints Timothy Whelan as new chief executive officer .Says as CEO, Whelan succeeds Paul Genova, who will assume role of president and chief operating officer.  Full Article

Wireless Telecom posts loss $0.03/shr
Monday, 16 May 2016 08:00am EDT 

Wireless Telecom Group Inc : Wireless Telecom Group announces first quarter 2016 financial results . Q1 loss per share $0.03 .Q1 sales fell 26 percent to $6.368 million.  Full Article

Wireless Telecom Group Announces Continuation of Its Share Repurchase Program
Monday, 23 Nov 2015 08:00am EST 

Wireless Telecom Group Inc :Announces continuation of its share repurchase program.Says approximately 1.2 million shares may be repurchased by the company under the current program.  Full Article

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