Welcome to our dedicated page for Wireless Telecom Group news (Ticker: WTT), a resource for investors and traders seeking the latest updates and insights on Wireless Telecom Group stock.
Wireless Telecom Group, Inc. (WTT) is a leading global designer and manufacturer of advanced RF and microwave components, modules, systems, and instruments. The company, comprising Boonton Electronics, CommAgility, Microlab, and Noisecom, serves a wide array of industries including wireless, telecommunication, satellite, military, aerospace, semiconductor, and medical.
Wireless Telecom Group's products enable innovation across traditional and emerging wireless technologies. Their high-performance offerings include peak power meters, signal analyzers, signal processing modules, LTE PHY and stack software, power splitters and combiners, GPS repeaters, public safety monitors, noise sources, and programmable noise generators.
With a strong focus on supporting the development, testing, and deployment of wireless technologies, Wireless Telecom Group has made significant strides in recent years. They have expanded their product lines and enhanced their technological capabilities to meet the evolving needs of their diverse customer base.
Financially, the company has maintained a stable condition, demonstrating resilience and adaptability in a competitive market. Strategic partnerships and collaborations have bolstered their market presence, positioning them as a trusted partner in the industries they serve.
For more information or to contact Wireless Telecom Group, Inc., visit their website or reach out via the provided contact details:
- Michael Kandell, Investor Contact, 25 Eastmans Road, Parsippany, NJ 07054, Tel: (973) 386-9696, Fax: (973) 386-9191
- Maria Droge, Marketing Contact, Tel: (973) 386-9696
Wireless Telecom Group, Inc. (NYSE American: WTT), a leader in wireless communications, will release its third quarter 2020 financial results on November 13, 2020, before market opening. A conference call is scheduled for the same day at 8:30 AM EST to discuss the results. Interested participants can join by calling 800-346-7359 or 973-528-0008 with identification number 442232. The call will also be available via webcast. A replay will be provided on the company’s website.
Wireless Telecom Group (NYSE American: WTT) announced that Anziva Technologies integrated the Microlab Digital GPS Repeater into the new Distrito T-Mobile entertainment venue in Puerto Rico. This solution, featuring Digital SkyTiming Technology™, enhances cellular communication network synchronization for 4G and 5G. The repeater's capabilities allow GPS signal transport over fiber, increasing accessibility for large-scale projects. With 16 GPS RF outputs and active monitoring features, this deployment supports robust network performance and reliability, thus meeting the stringent synchronization requirements of modern communications.
Wireless Telecom Group (WTT) announced its membership in the National Spectrum Consortium (NSC) and the Information Warfare Research Project (IWRP) Consortium, focusing on the development of 5G technologies. CEO Tim Whelan expressed enthusiasm for contributing specialized expertise in customizable 5G solutions. The NSC aims to foster collaboration across sectors to address 5G challenges, while the IWRP focuses on enhancing information warfare capabilities for the Navy and Marine Corps. Wireless Telecom provides advanced RF and microwave components supporting various industries, including military and telecommunications.
Wireless Telecom Group (WTT) has joined the National Spectrum Consortium and the Information Warfare Research Project Consortium to advance 5G technologies. This membership will allow WTT to utilize its expertise in specialized 5G radio access network solutions to develop next-gen 5G applications. CEO Tim Whelan expressed enthusiasm for contributing to mission-critical 5G innovations. The NSC aims to enhance collaboration for spectrum access, while the IWRP focuses on improving US Navy and Marine Corps capabilities through advanced information warfare technologies.
Wireless Telecom Group has launched the Holzworth HA7063A Downconverter, extending its Phase Noise Analyzer capabilities to 50 GHz. This new solution targets high-frequency, wide bandwidth 5G and radar applications, integrating seamlessly with existing Holzworth products. The HA7063A offers real-time phase noise and RMS jitter measurements with ultra-low noise floors, enhancing value for customers. Its unique heterodyne architecture ensures high accuracy and reliability, appealing to sectors like semiconductor, quantum computing, and military/aerospace.
Wireless Telecom Group (NYSE American: WTT) launched the Holzworth HA7063A Downconverter, enhancing the Phase Noise Analyzer portfolio to 50 GHz. This product targets high-frequency, wide-bandwidth applications in 5G and radar. It integrates seamlessly with existing Holzworth analyzers, providing real-time phase noise and RMS jitter measurements, optimized for price and performance. The unique architecture improves noise measurement accuracy, setting it apart from competitors. Holzworth aims to support the evolving needs in semiconductor, quantum computing, and military applications.
CommAgility, a subsidiary of Wireless Telecom Group (WTT), announced the integration of its 4G LTE software into South Korea's public safety network, led by EUCAST. This network will feature over 4,000 fixed base stations and aims for nationwide operation in 2021. The software is crucial for reliable communications during emergencies, enabling high-capacity data transfers. EUCAST has chosen CommAgility for its robust LTE solutions and support, with plans for future collaboration on 5G systems, reinforcing their longstanding partnership.
Wireless Telecom Group (NYSE American:WTT) will present at the LD 500 investor conference on September 4 at 10:00 AM EST. CEO Timothy Whelan and CFO Mike Kandell will address a live virtual audience. This event, running from September 1-4, is significant as it marks a return to virtual conferences amidst COVID-19 restrictions. LD Micro's founder, Chris Lahiji, emphasizes the importance of accessible learning in capital markets. The company specializes in advanced RF components and systems for various industries.
Wireless Telecom Group, Inc. (WTT) reported Q2 2020 net revenues of $11.1 million, down 17.8% from $13.5 million in Q2 2019, primarily due to reduced hardware sales. Gross profit was $5.7 million, reflecting a 51% gross margin, improved from 45.4% last year. New customer orders grew by 18.5% to $12.4 million. The company experienced a net loss of $668,000, contrasting a net income of $156,000 in the previous year. Despite challenges, management expressed optimism about future growth and confirmed a backlog of $6.2 million for the next twelve months, highlighting strategic shifts and new leadership.
Wireless Telecom Group (WTT) will release its second quarter 2020 financial results on August 13, 2020, before market open. A conference call is scheduled for the same day at 8:30 AM EDT to discuss the results, with dial-in access provided. The call will also be available via webcast. WTT specializes in wireless communications and RF instrumentation, serving various industries including telecommunications, military, and medical fields. Their advanced products facilitate the testing and deployment of wireless technologies globally.
FAQ
What is the market cap of Wireless Telecom Group (WTT)?
What industries does Wireless Telecom Group, Inc. serve?
What are some of the products offered by Wireless Telecom Group, Inc.?
Who are the subsidiaries of Wireless Telecom Group, Inc.?
How has Wireless Telecom Group, Inc. adapted to market changes?
How can I contact Wireless Telecom Group, Inc. for more information?
What is the stock symbol of Wireless Telecom Group, Inc.?
What role do strategic partnerships play for Wireless Telecom Group, Inc.?
What is the financial condition of Wireless Telecom Group, Inc.?
Where can I find more detailed information about Wireless Telecom Group, Inc.?
What recent achievements has Wireless Telecom Group, Inc. made?
