Brief: Wireless Telecom Group Qtrly Loss Per Share $0.03

Wireless Telecom

12/03/2019 10:08

March 12 (Reuters) - Wireless Telecom Group Inc  WTT.A :
    * WIRELESS TELECOM GROUP ANNOUNCES FOURTH QUARTER AND
YEAR-END
2018 FINANCIAL RESULTS
    * Q4 REVENUE ROSE 0.5 PERCENT TO $12.09 MILLION
    * 2018 YEAR-END CUSTOMER ORDER BACKLOG OF $8.2 MILLION
    * QTRLY NEW CUSTOMER ORDERS OF $14.3 MILLION
    * EXPECTS REVENUES FOR Q1 ENDING MARCH 31, 2019 TO BE
COMPARABLE
TO SAME QUARTER AS LAST YEAR
    * WIRELESS TELECOM GROUP - EXPECTS GROSS MARGINS FOR MARCH
31,
2019 QUARTER TO BE SLIGHTLY BELOW SAME QUARTER LAST YEAR DUE TO
EXPECTED REVENUE MIX
    * EXPECTS FULL YEAR 2019 REVENUES TO GROW ORGANICALLY IN LOW
TO
MID-SINGLE DIGIT PERCENTAGES
    * EXPECTS FULL YEAR 2019 GROSS MARGINS TO BE CONSISTENT WITH
2018
AT ABOUT 46%
    * QTRLY LOSS PER SHARE $0.03

Source text for Eikon:  ID:nBw6l445la 
Further company coverage:  WTT.A 

 ((Reuters.Briefs@thomsonreuters.com;))