Shares of Wrap Technologies WRTC rose 0.2% in after-market trading after the company reported Q3 results.
Quarterly Results
Earnings per share were down 37.50% year over year to ($0.11), which missed the estimate of ($0.08).
Revenue of $1,007,000 rose by 274.68% from the same period last year, which missed the estimate of $1,260,000.
Outlook
Earnings guidance hasn't been issued by the company for now.
Wrap Technologies hasn't issued any revenue guidance for the time being.
Conference Call Details
Date: Oct 29, 2020
Time: 04:30 PM
ET Webcast URL: https://us02web.zoom.us/webinar/register/WN_4KF5MDTcQDu8TTXUSLjwoA
Recent Stock Performance
Company's 52-week high was at $14.40
52-week low: $3.07
Price action over last quarter: down 50.00%
Company Overview
Wrap Technologies Inc is a security technology company. It is focused on delivering innovative solutions to customers, primarily law enforcement and security personnel. The company's product BolaWrap 100 is a hand-held remote restraint device that discharges an eight-foot bola style Kevlar tether to entangle an individual at a range of approximately 10-25 feet.
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