Wireless Telecom (WTT)

Wireless Telecom Group, Inc., comprised of Boonton, CommAgility, Holzworth, Microlab and Noisecom, is a global designer and manufacturer of advanced RF and microwave components, modules, systems, and instruments. Serving the wireless, telecommunication, satellite, military, aerospace, semiconductor and medical industries, Wireless Telecom Group products enable innovation across a wide range of traditional and emerging wireless technologies. With a unique set of high-performance products including peak power meters, signal generators, phase noise analyzers, signal processing modules, LTE PHY/stack software, power splitters and combiners, GPS repeaters, public safety components, noise sources, and programmable noise generators, Wireless Telecom Group enables the development, testing, and deployment of wireless technologies around the globe. Wireless Telecom Group is headquartered in Parsippany, New Jersey, in the New York City metropolitan area, and maintains a global network of Sales and Service offices for excellent product service and support. Wireless Telecom Group's website address is http://www.wirelesstelecomgroup.com.

Company profile

Ticker

WTT

Exchange

NYSE

Website

www.wirelesstelecomgroup.com

CEO

Timothy Whelan

Incorporated

New Jersey

Location

New Jersey

Fiscal year end

Dec 31

Sector

Manufacturing > Electromedical and Electrotherapeutic Apparatus Manufacturing

Industry (SIC)

Communications Equipment, NEC

Iridium Communications • Esco • Lumentum • UTStarcom • Inseego • Senstar Technologies • Iteris • NAPCO Security • PowerFleet • Vocera Communications ...

Former names

NOISE COM INC/NJ

SEC CIK

0000878828

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

Boonton Electronics Corp. • Microlab/FXR, LLC • Wireless Telecommunications, Ltd. • Holzworth Instrumentation, Inc. ...

IRS number

222582295

WTT stock data

1M 1Y 5Y

News

From Benzinga Pro

Wireless Telecom Group: Q2 Earnings Insights

9 Aug 22

Wireless Telecom Group (AMEX:WTT) reported its Q2 earnings results on Tuesday, August 9, 2022 at 06:00 AM. Here's what investors need to know about the announcement.

Wireless Telecom Group Q2 EPS $(0.04), Inline, Sales $6.07M Miss $7.54M Estimate

9 Aug 22

Wireless Telecom Group (AMEX:WTT) reported quarterly losses of $(0.04) per share which met the analyst consensus estimate. The company reported quarterly sales of $6.07 million which missed the analyst consensus

Earnings Scheduled For August 9, 2022

9 Aug 22

Companies Reporting Before The Bell • Cognition Therapeutics (NASDAQ:CGTX) is estimated to report earnings for its second quarter.

Stocks That Hit 52-Week Lows On Wednesday

15 Jun 22

Stocks That Hit 52-Week Lows On Tuesday

14 Jun 22

Press releases

From Benzinga Pro

WIRELESS TELECOM GROUP ANNOUNCES SECOND QUARTER 2022 FINANCIAL RESULTS

9 Aug 22

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

WIRELESS TELECOM GROUP ANNOUNCES SECOND QUARTER FINANCIAL RESULTS WILL BE RELEASED AUGUST 9, 2022

2 Aug 22

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

Wireless Telecom Group Provides Business Update at 2022 Annual Shareholders Meeting

29 Jul 22

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

Wireless Telecom Group to Showcase Specialized Solutions for RF, Microwave, and 5G Testing at IMS 2022

15 Jun 22

Boonton Enters Noise Generation Market with New NGX1000 Programmable Noise Generator Delivering an Easy-to-Use Solution in a Compact Form Factor

26 May 22

Investment data

Data from SEC filings

Securities sold

Number of investors

Calendar

9 Aug 22

31 Dec 22

Financial summary

Financial statements Chart WTT financial data

Quarter (USD)	Jun 22	Mar 22	Dec 21	Sep 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 21	Dec 20	Dec 19	Dec 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	13.34M	13.34M	13.34M	13.34M	13.34M	13.34M
Cash burn (monthly)	1.91M	(no burn)	559.33K	387K	653K	114.17K
Cash used (since last report)	2.56M	n/a	750.26K	519.1K	875.9K	153.14K
Cash remaining	10.77M	n/a	12.59M	12.82M	12.46M	13.18M
Runway (months of cash)	5.6	n/a	22.5	33.1	19.1	115.5

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Recent insider trades

WTT insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	#Shares	#Remaining
7 Jan 22	Daniel Monopoli	Common Stock, par value $0.01 per share	Grant	Acquire A	No	No	50,000	86,874
7 Jan 22	Alfred Rodriguez	Common Stock, par value $0.01 per share	Grant	Acquire A	No	No	50,000	94,705
7 Jan 22	Whelan Timothy	Common Stock, par value $0.01 per share	Grant	Acquire A	No	No	125,000	319,873
7 Jan 22	Michael Kandell	Common Stock, par value $0.01 per share	Grant	Acquire A	No	No	75,000	136,990
2 Aug 21	Jennifer M Fritzsche	Common Stock, par value $0.01 per share	Grant	Acquire A	No	No	25,000	36,507

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

Institutional ownership, Q1 2022

WTT institutional ownership history Ownership history

13F holders	Current	Prev Q	Change
Total holders	0	0
Opened positions	0	0
Closed positions	0	0
Increased positions	0	0
Reduced positions	0	0

13F shares	Current	Prev Q	Change
Total value	0	0
Total shares	0	0
Total puts	0	0
Total calls	0	0
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change

Largest transactions	Shares	Bought/sold	Change

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Financial report summary

Competition

Qualcomm • Westell • Keysight

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. sophomore Avg

New words: authorization, authorized, authorizing, China, covid, delayed, delaying, discretion, employee, escrow, expenditure, hard, inclusive, intangible, Membership, minimum, negotiated, open, pending, primarly, procure, pursuing, represented, repurchase, repurchased, suspended, tradeshow, travel

Removed: entity, expectation, file, filed, foreign, grow, inactive, jurisdiction, large, legacy, par, preceding, pursuant, revised, safety, trading

From filing 10-Q 2022 Q2

Financial reports

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