Wireless Telecom Group

Wireless Telecom Group, Inc. engages in the design and manufacture of radio frequency and microwave components, modules, systems, and instruments. Its brands include Boonton, CommAgility, Holzworth, Microlab, and Noisecom. The company was founded in 1985 and is headquartered in Parsippany, NJ.

Earnings data Q1 2023

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Wireless Telecom Group is a global designer and manufacturer of radio frequency (“RF”) and microwave-based products for wireless and advanced communications industries. We market our products and services worldwide under the Boonton Electronics (“Boonton”), Microlab/FXR (“Microlab”) and Noisecom brands. Our Brands and products have maintained a reputation for their accuracy and performance as they support our customers’ technological advancements within communications.

Parsippany, New Jersey, USA, Aug. 04, 2023 (GLOBE NEWSWIRE) -- Wireless Telecom Group, Inc. (the “Company” or “WTT”), a leading test & measurement solutions provider, today announced that Maury Microwave, a leading provider of state-of-the-art RF measurement and interconnect solutions for wireless communication technologies, completed its previously announced acquisition of WTT.

Maury Microwave Completes Acquisition of Wireless Telecom Group

Parsippany, New Jersey, USA, Aug. 02, 2023 (GLOBE NEWSWIRE) -- Wireless Telecom Group, Inc. (the “Company” or “WTT”), a leading test & measurement solutions provider, today announced that its shareholders voted to approve the previously announced merger agreement, pursuant to which, among other things, WTT will be acquired by Maury Microwave Inc. (“Maury”), a leading provider of state-of-the-art radio frequency measurement and interconnect solutions for wireless communication technologies.

Wireless Telecom Group Shareholders Approve Acquisition by Maury Microwave

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Wireless Telecom Group, Inc. (NYSE: WTT) to Maury Microwave, Inc. Under the terms of the proposed transaction, shareholders of Wireless will receive $2.13 in cash for each share of Wireless that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whe.

WIRELESS TELECOM GROUP INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Wireless Telecom Group, Inc. - WTT

Parsippany, New Jersey, USA, June 13, 2023 (GLOBE NEWSWIRE) -- Wireless Telecom Group (NYSE American: WTT), announced today that its test and measurement brands – Boonton, Holzworth, and Noisecom – will showcase industry-leading instruments with the performance and capability necessary for accelerating the development of next-generation wireless systems during  IMS 2023 at Booth 1619. Product demonstrations will feature specialized capabilities across amplifier characterization, high-performance RF signal generation, and phase noise analysis. As a test and measurement leader, the company will also host a technical session on RF and microwave power sensor technologies.

Wireless Telecom Group to Showcase Products that Accelerate the Development of Next-Generation Wireless Systems at IMS 2023

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ONTARIO, Calif. , May 25, 2023 /PRNewswire/ -- Maury Microwave, Inc. ("Maury" or the "Company"), a leading provider of RF calibration, measurement, emulation and modeling solutions backed by Artemis Capital Partners ("Artemis"), announced today that it entered into a definitive agreement to acquire Wireless Telecom Group, Inc. (NYSE American: WTT) in a transaction that is expected to close in the third quarter of 2023, subject to the approval of Wireless Telecom Group Shareholders and the satisfaction of other customary closing conditions.

MAURY MICROWAVE TO ACQUIRE WIRELESS TELECOM GROUP

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Wireless Telecom Group, Inc. (NYSE: WTT) to Maury Microwave, Inc. for $2.13 per share is fair to Wireless Telecom shareholders. Halper Sadeh encourages Wireless Telecom shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investigation concerns w.

WTT Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Wireless Telecom Group, Inc. Is Fair to Shareholders

Wireless Telecom Group (NYSEMKT: WTT ) stock is getting a boost on Thursday after announcing the sale of the company. Maury Microwave is the buyer with it agreeing to purchase Wireless Telecom Group for $2.13 per share.

Why Is Wireless Telecom Group (WTT) Stock Up 30% Today?

Wireless Telecom Group Inc. WTT, stock is rallying by 29.6% in premarket trade on Thursday after it said it agreed to be acquired for $2.13 a share by California-based Maury Microwave Inc. in an all-cash transaction, which is expected to close in the third quarter. The price amounts to a premium of 34% to the its closing share price on Wednesday and a 50% premium since the date of its July, 2022 announcement of its strategic alternatives process.

Small cap WTT rallies on deal to be sold to Maury Microwave at premium

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 test & measurement solutions provider, today announced that it entered into a definitive merger agreement to be acquired by Maury Microwave, Inc. (“Maury”) in an all-cash transaction. Under the terms of the merger agreement, which was unanimously approved by the board of directors of each company, Maury will acquire all the outstanding shares of the Company for an estimated total cash consideration of $2.13 per share.

Wireless Telecom Group Announces the Sale of the Company to Maury Microwave, Inc.

Highlights for the quarter ended March 31, 20 23 : Revenue of $ 5.2 million compared to $ 6.1 million for the same period last year Gross profit of $ 2.9 milli on compared to $ 3.5 million for the same period last year Net loss from continuing operations of $ ( 941,000 ) , compared to a net loss from continuing operations of $ ( 7 96 ,000 ) for the same period last year Non-GAAP Adjusted EBITDA of $( 123 ,000) , compared to Non-GAAP Adjusted EBITDA of $ 455 ,000 for the same period last year Bookings of $5. 2 million in the quarter and backlog of $ 6.7 million as of March 31, 202 3, a $2.4 million , 56% increase to the backlog at Ma rch 31, 2022 $19.

WIRELESS TELECOM GROUP ANNOUNCES FIRST QUARTER 2023 FINANCIAL RESULTS

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Highlights for the quarter ended December 31, 20 22 :

WIRELESS TELECOM GROUP ANNOUNCES FOURTH QUARTER AND YEAR-END 2022 FINANCIAL RESULTS

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Parsippany, New Jersey, USA, March 09, 2023 (GLOBE NEWSWIRE) -- Wireless Telecom Group, Inc. (NYSE American: WTT), announced today that its test and measurement brands Boonton, Holzworth, and Noisecom will showcase unique instrument capabilities for analyzing critical network performance metrics for satellite communications during SATELLITE 2023 at Booth 2732.

Wireless Telecom Group to Showcase Powerful Test Capabilities for Satellite Communications Networks at SATELLITE 2023

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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 CommAgility Ltd., to global space company, E-Space, in a transaction valued at $14.5 million, inclusive of $13.75 million in cash consideration and a $750,000 note payable, subject to agreed-upon reductions.

Wireless Telecom Group Announces Closing of Transaction with E-Space

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 radio, baseband and software segment, CommAgility LTD., to global space company, E-Space. The purchase price is $14.5 million, inclusive of $13.75 million in cash consideration and a $750,000 note payable, subject to agreed-upon reductions.

Wireless Telecom Group Announces the Sale of CommAgility, its Radio, Baseband and Software Segment, to E-Space

Transaction will Provide E-Space with Proven 5G Source Code and an Experienced Dedicated In-House Hardware and Software Development Team TOULOUSE, France , Dec. 5, 2022 /PRNewswire/ -- E-Space, a global space company focused on bridging Earth and space with the world's most sustainable low Earth orbit (LEO) network, announced today it entered into a definitive agreement to acquire CommAgility from the Wireless Telecom Group, Inc. (NYSE: WTT). CommAgility is the largest stand-alone developer of embedded signal processing and Radio Frequency (RF) modules, with its own LTE PHY/stack source code for commercial grade 4G and 5G mobile networks, air-to-ground (ATG), satellite communications (satcom) and related applications.

E-Space Announces Definitive Agreement to Acquire CommAgility from the Wireless Telecom Group

Parsippany, New Jersey, USA, Nov. 07, 2022 (GLOBE NEWSWIRE) -- Wireless Telecom Group, Inc. (NYSE American: WTT), a leader in wireless communications and radio frequency instrumentation, announced it will release its financial results for the three and nine months ended September 30, 2022 on Monday, November 14, 2022, after the market closes.

WIRELESS TELECOM GROUP ANNOUNCES THIRD QUARTER FINANCIAL RESULTS WILL BE RELEASED NOVEMBER 14, 2022

Parsippany, New Jersey, USA, Oct. 06, 2022 (GLOBE NEWSWIRE) -- Wireless Telecom Group, Inc. (NYSE American:WTT) announced today that its CommAgility brand has introduced a capability for intra-PHY handover across two frequencies to its 5G systems, for straightforward spectrum sharing and frequency collision avoidance. This new capability, an industry first from any independent software vendor, allows a 5G connection to seamlessly move from one carrier frequency to another without interruption of the services. This is important in frequency bands where there is interference from Wi-Fi, radar, or other signals, such as is the case with New Radio Unlicensed (NR-U) and in the CBRS band. The Intra-PHY 5G handover capability will also enable first responders and emergency services to set up temporary 5G networks quickly and simply, while automatically avoiding occupied spectrum interference.

CommAgility Announces Intra-PHY 5G Handover to Enable Seamless Spectrum Sharing

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Wireless Telecom Group, Inc. (NYSE:WTT ) Q2 2022 Earnings Conference Call August 9, 2022 8:30 AM ET Company Participants Mike Kandell - Chief Financial Officer Tim Whelan - Chief Executive Officer Conference Call Participants David Wright - Henry Investment Trust Michael Potter - Monarch Capital Operator Good day, ladies and gentlemen and welcome to the Wireless Telecom Group Q2 Earnings Call. [Operator Instructions] It is now my pleasure to turn the floor over to your host, Mike Kandell, Chief Financial Officer.

Wireless Telecom Group, Inc. (WTT) CEO Tim Whelan on Q2 2022 Results - Earnings Call Transcript

Wireless Telecom Group, Inc. (WTT) delivered earnings and revenue surprises of 0% and 19.52%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Wireless Telecom Group, Inc. (WTT) Reports Q2 Loss, Misses Revenue Estimates

Highlights for the quarter ended June 30, 2022:

News for Wireless Telecom Group Stock (WTT)