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.

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.

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.