Brief: Wireless Telecom Group Says Q1 Revenue Fell 1.7 Pct To $13.03 Mln

Wireless Telecom

08/05/2019 11:07

May 8 (Reuters) - Wireless Telecom Group Inc  WTT.A :
    * WIRELESS TELECOM GROUP ANNOUNCES FIRST QUARTER 2019
FINANCIAL
RESULTS
    * Q1 REVENUE FELL 1.7 PERCENT TO $13.03 MILLION
    * ANNOUNCES TARGET REVENUES OF $100 MILLION BY 2023
    * QTRLY LOSS PER SHARE $0.02
    * WIRELESS TELECOM GROUP - SEES REVENUES FOR Q2 OF 2019 TO
SLIGHTLY INCREASE COMPARED TO SAME QUARTER LAST YEAR AND GROSS
MARGINS TO BE COMPARABLE
    * BEYOND 2019, COMPANY EXPECTS TO GROW REVENUES ORGANICALLY
BETWEEN 10 AND 12% OVER NEXT FOUR YEARS

Source text for Eikon:  ID:nBw9XX9sda 
Further company coverage:  WTT.A 

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