Latest News and Press Releases

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...

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...

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...

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...

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...

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%,...

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...

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 ...

Highlights for the quarter ended March 31, 2022: Completed Microlab sale to RF Industries, Ltd. on March 1, 2022 for $24.25 million Repaid debt of $4.7 million and terminated Muzinich...

Highlights for the year ended December 31, 2021: ●Net revenues of $49.2 million, an increase of 18.0% compared to the same period last year●Gross Profit of $25.1 million, or 50.9% of net...