Wireless Telecom Group Reports Q4 EPS of $0.02

Wireless Telecom Group, Inc. WTT announced today results for the fourth quarter ended December 31, 2010. For the fourth quarter, the Company reported net sales from continuing operations of $ 6,636,000, compared to $ 5,905,000 for the same period in 2009, an increase of 12.4%. For the twelve months, net sales from continuing operations were $ 24,564,000, compared to $ 22,828,000 for the prior year, an increase of 7.6%. For the fourth quarter, net income from continuing operations was $ 358,000 or $0.02 per diluted share, compared to net income from continuing operations of $5,912,000, or $0.23 per diluted share, for the prior year period.