Price Crosses Moving Average
Previous Close | 2.0600 |
Open | 2.0600 |
Bid | 2.0600 x 21500 |
Ask | 2.0900 x 45100 |
Day's Range | 2.0600 - 2.0700 |
52 Week Range | 1.1100 - 2.0700 |
Volume | |
Avg. Volume | 92,533 |
Market Cap | 43.921M |
Beta (5Y Monthly) | 0.94 |
PE Ratio (TTM) | N/A |
EPS (TTM) | -0.1100 |
Earnings Date | Aug 07, 2023 - Aug 11, 2023 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | Nov 02, 2005 |
1y Target Est | 2.25 |
Maury Microwave, Inc. ("Maury" or the "Company"), a leading provider of RF calibration, measurement, emulation and modeling solutions backed by Artemis Capital Partners ("Artemis"), announced today that it entered into a definitive agreement to acquire Wireless Telecom Group, Inc. (NYSE American: WTT) in a transaction that is expected to close in the third quarter of 2023, subject to the approval of Wireless Telecom Group Shareholders and the satisfaction of other customary closing conditions.
Shareholders to Receive $2.13 Per Share in Cash Parsippany, New Jersey, USA, May 25, 2023 (GLOBE NEWSWIRE) -- Wireless Telecom Group, Inc. (NYSE American: WTT) (the “Company” or “WTT”), a leading test & measurement solutions provider, today announced that it entered into a definitive merger agreement to be acquired by Maury Microwave, Inc. (“Maury”) in an all-cash transaction. Under the terms of the merger agreement, which was unanimously approved by the board of directors of each company, Maury
Highlights for the quarter ended March 31, 2023: Revenue of $5.2 million compared to $6.1 million for the same period last yearGross profit of $2.9 million compared to $3.5 million for the same period last yearNet loss from continuing operations of $(941,000), compared to a net loss from continuing operations of $(796,000) for the same period last yearNon-GAAP Adjusted EBITDA of $(123,000), compared to Non-GAAP Adjusted EBITDA of $455,000 for the same period last yearBookings of $5.2 million in
Highlights for the quarter ended December 31, 2022: Successful sale the CommAgility business on December 30, 2022 which raised approximately $12.2 million of net proceeds. Results of CommAgility are presented as discontinued operations.Net revenues of $6.7 million, an increase of 14.3% compared to the same period last yearGross Profit of $4.0 million, or 60.0% of net revenue, compared to $3.3 million, or 55.5% of revenue in the same period last yearNet income from continuing operations of $256,0
Parsippany, New Jersey, USA, March 09, 2023 (GLOBE NEWSWIRE) -- Wireless Telecom Group, Inc. (NYSE American: WTT), announced today that its test and measurement brands Boonton, Holzworth, and Noisecom will showcase unique instrument capabilities for analyzing critical network performance metrics for satellite communications during SATELLITE 2023 at Booth 2732. Many new satellites are being launched into low Earth orbit (LEO) to deliver low-latency communications for various commercial and milita
Parsippany, New Jersey, USA, Dec. 30, 2022 (GLOBE NEWSWIRE) -- Wireless Telecom Group, Inc. (NYSE American: WTT) (the “Company”) today announced the completion of its previously announced sale of CommAgility Ltd., to global space company, E-Space, in a transaction valued at $14.5 million, inclusive of $13.75 million in cash consideration and a $750,000 note payable, subject to agreed-upon reductions. The transaction was the result of the Company’s previously disclosed process for evaluating stra
E-Space, a global space company focused on bridging Earth and space with the world's most sustainable low Earth orbit (LEO) network, announced today it entered into a definitive agreement to acquire CommAgility from the Wireless Telecom Group, Inc. (NYSE: WTT). CommAgility is the largest stand-alone developer of embedded signal processing and Radio Frequency (RF) modules, with its own LTE PHY/stack source code for commercial grade 4G and 5G mobile networks, air-to-ground (ATG), satellite communi
Parsippany, New Jersey, USA, Dec. 05, 2022 (GLOBE NEWSWIRE) -- Wireless Telecom Group, Inc. (NYSE American: WTT) (the “Company”) today announced it entered into a definitive agreement to sell its radio, baseband and software segment, CommAgility LTD., to global space company, E-Space. The purchase price is $14.5 million, inclusive of $13.75 million in cash consideration and a $750,000 note payable, subject to agreed-upon reductions. The transaction was the result of the Company’s previously disc
Highlights for the quarter ended September 30, 2022: Net revenues of $5.3 million, a decrease of 27.7% from the same period last yearGross profit of $2.7 million, gross profit margin of 49.9%, compared to gross profit margin of 54.8% for the same period last yearGAAP operating loss of $2.6 million compared to $2.1 million in the same period last yearNet loss from continuing operations of $2.3 million, compared to $1.2 million in the same period last yearNon-GAAP adjusted EBITDA loss of $1.4 mill
Parsippany, New Jersey, USA, Nov. 07, 2022 (GLOBE NEWSWIRE) -- Wireless Telecom Group, Inc. (NYSE American: WTT), a leader in wireless communications and radio frequency instrumentation, announced it will release its financial results for the three and nine months ended September 30, 2022 on Monday, November 14, 2022, after the market closes. The Company will host a conference call on Monday, November 14, 2022 at 4:30 pm EST in which management will discuss its financial results. To participate
Parsippany, New Jersey, USA, Oct. 06, 2022 (GLOBE NEWSWIRE) -- Wireless Telecom Group, Inc. (NYSE American:WTT) announced today that its CommAgility brand has introduced a capability for intra-PHY handover across two frequencies to its 5G systems, for straightforward spectrum sharing and frequency collision avoidance. This new capability, an industry first from any independent software vendor, allows a 5G connection to seamlessly move from one carrier frequency to another without interruption of
Parsippany, New Jersey, USA, Sept. 28, 2022 (GLOBE NEWSWIRE) -- Wireless Telecom Group, Inc. (NYSE American: WTT) announced today that third quarter bookings and contract signatures are expected to exceed $10 million, as compared to the Company’s previous estimate of $8-10 million. The Company is seeing strong order flow in the Test & Measurement segment from the Aerospace and Defense industry and recently received several seven-figure purchase orders. In addition, the Radio, Baseband, Software
Sidoti & Company, LLC has released the presentation schedule and weblinks for its two-day August Micro-Cap Conference taking place Wednesday and Thursday, August 17-18, 2022.
Highlights for the quarter ended June 30, 2022: ●Revenue of $6.1 million compared to $7.8 million for the same period last year●Gross profit of $3.4 million compared to $4.4 million for the same period last year●Consolidated gross profit margin of 56.3%, compared to 56.2% for the same period last year●$13.3 million in cash on balance sheet as of June 30, 2022, and no debt Highlights for the six months ended June 30, 2022: ●Test & Measurement revenue increased 6.5% compared to the same period las
Parsippany, New Jersey, USA, Aug. 02, 2022 (GLOBE NEWSWIRE) -- Wireless Telecom Group, Inc. (NYSE American: WTT), a leader in wireless communications and radio frequency instrumentation, announced it will release its financial results for the three and six months ended June 30, 2022 on Tuesday, August 9, 2022, before the market opens. The Company will host a conference call on Tuesday, August 9, 2022 at 8:30 am EDT in which management will discuss its financial results. To participate in the con
Experienced investment bank engaged to help evaluate a full range of strategic alternatives Strong expected July contract signatures and bookings follows lower first half revenue performance Management believes recent wins, strong backlog support revenue growth in the second half of 2022 Management and the Board focused on creating value for shareholders Parsippany, New Jersey, USA, July 29, 2022 (GLOBE NEWSWIRE) -- Wireless Telecom Group, Inc. (NYSE American: WTT), today announced that manageme
Parsippany, New Jersey, USA, July 25, 2022 (GLOBE NEWSWIRE) -- Wireless Telecom Group, Inc. (NYSE American:WTT) announced today that its CommAgility brand has introduced a Network Listening Mode (NLM) software product to support quick and seamless deployments of 5G small cells. With the new software, 5G small cell developers can easily integrate NLM capabilities to enable small cells to complete vital synchronization, network monitoring, and configuration steps automatically. Providing an effici
Parsippany, New Jersey, USA, June 21, 2022 (GLOBE NEWSWIRE) -- Wireless Telecom Group, Inc. (NYSE American: WTT), announced today that its Noisecom brand has introduced a new, industry-leading 60 GHz jitter noise generator, setting a new benchmark for high frequency noise generation in a programmable instrument. Along with the introduction of this record-setting performance, the full line of Noisecom J7000B jitter noise generators from 10 MHz to 60 GHz are now being built using the innovative UF
Parsippany, New Jersey, USA, June 15, 2022 (GLOBE NEWSWIRE) -- Wireless Telecom Group, Inc. (NYSE American: WTT), announced today that it will showcase its latest products and technologies that enable the development, test, and deployment of next generation wireless communications and connectivity during IMS 2022 at Booth 8019. Product demonstrations will highlight the company’s specialized solutions for RF, microwave, and 5G testing. In addition to exhibiting innovative products and in-booth de