Wireless Telecom Group (NYSEAMERICAN:WTT) Announces Earnings Results, Hits Estimates
Wireless Telecom Group (NYSEAMERICAN:WTT) released its quarterly earnings results on Tuesday. The technology company reported $0.01 EPS for the quarter, meeting analysts’ consensus estimates of $0.01, Morningstar.com reports. The firm had revenue of $13.51 million for the quarter.
NYSEAMERICAN:WTT traded down $0.06 during trading hours on Wednesday, reaching $1.50. 200 shares of the company were exchanged, compared to its average volume of 20,853. Wireless Telecom Group has a twelve month low of $1.40 and a twelve month high of $2.07.
A hedge fund recently raised its stake in Wireless Telecom Group stock. Renaissance Technologies LLC lifted its stake in Wireless Telecom Group Inc (NYSEAMERICAN:WTT) by 1.6% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,020,600 shares of the technology company’s stock after acquiring an additional 15,985 shares during the period. Renaissance Technologies LLC owned 4.79% of Wireless Telecom Group worth $1,613,000 at the end of the most recent reporting period.
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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