Wireless Telecom Group (NYSEAMERICAN:WTT) Releases Quarterly Earnings Results, Hits Expectations

Wireless Telecom Group (NYSEAMERICAN:WTT) released its quarterly earnings data on Tuesday. The technology company reported $0.01 EPS for the quarter, meeting the consensus estimate of $0.01, Morningstar.com reports. The business had revenue of $13.51 million for the quarter.

Shares of Wireless Telecom Group stock traded down $0.06 during trading on Wednesday, hitting $1.50. 200 shares of the company’s stock traded hands, compared to its average volume of 20,853. Wireless Telecom Group has a 1 year low of $1.40 and a 1 year high of $2.07.

An institutional investor recently raised its position in Wireless Telecom Group stock. Renaissance Technologies LLC boosted its position in Wireless Telecom Group Inc (NYSEAMERICAN:WTT) by 1.6% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,020,600 shares of the technology company’s stock after purchasing an additional 15,985 shares during the period. Renaissance Technologies LLC owned about 4.79% of Wireless Telecom Group worth $1,613,000 as of its most recent SEC filing.

Wireless Telecom Group Company Profile

Wireless Telecom Group, Inc, together with its subsidiaries, designs, develops, manufactures, and markets radio frequency (RF) and microwave devices in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. The company operates in three segments: Network Solutions, Test and Measurement, and Embedded Solutions.

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Earnings History for Wireless Telecom Group (NYSEAMERICAN:WTT)

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