Recap: Wireless Telecom Group Q1 Earnings

 

Wireless Telecom Group WTT reported its Q1 earnings results on Wednesday, May 11, 2022 at 06:00 AM.

Here's what investors need to know about the announcement.

Earnings

Wireless Telecom Group beat estimated earnings by 66.67%, reporting an EPS of $-0.01 versus an estimate of $-0.03.

Revenue was down $3.73 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.0 which was followed by a 3.78% drop in the share price the next day.

Here's a look at Wireless Telecom Group's past performance:

 

Quarter Q4 2021 Q3 2021 Q2 2021 Q1 2021
EPS Estimate 0.02 -0.01 -0.02 -0.02
EPS Actual 0.02 -0.01 -0.02 -0.01
Revenue Estimate 13.39M 12.06M 11.39M 10.22M
Revenue Actual 13.08M 12.82M 12.02M 11.32M

To track all earnings releases for Wireless Telecom Group visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: EarningsNewsBZI-Recaps

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