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.

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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, Oct. 21, 2021 (GLOBE NEWSWIRE) -- Wireless Telecom Group, Inc. (NYSE American: WTT), announced that its Boonton brand has introduced new sensors in its RTP4000 Real-Time True Average Power Sensor series. The RTP4018 and RTP4118 diode-based sensors incorporate Boonton's unique Real-Time Power Processing™ (RTPP) and enable users to make true average RF power measurements over an industry-best 4 kHz to 18 GHz frequency range at the industry-fastest rate of 100,000 readings per second. These sensors are a perfect complement to the RTP5000 Real-Time Peak Power Sensor series. The RTP4000 series sensors can be used in conjunction with the Boonton PMX40 RF Power Meter to provide a uniquely flexible benchtop experience while capitalizing on the performance and versatility of the USB sensors. Engineers and technicians can utilize the RTP4018 and RTP4118 in a wide variety of applications across the semiconductor, military, aerospace, medical, and communications industries.

Boonton Expands Its Industry-Leading Portfolio of Real-Time USB RF Power Sensors

Parsippany, New Jersey, USA, Oct. 14, 2021 (GLOBE NEWSWIRE) -- Wireless Telecom Group, Inc. (NYSE American: WTT) announced today that its CommAgility brand has joined the O-RAN ALLIANCE, a global community that aims to develop and promote Open Radio Access Network (RAN) products and solutions for mobile networks. With more than 300 members, the O-RAN ALLIANCE is enabling the industry to take advantage of new open virtualized architectures, software and hardware.

CommAgility Joins O-RAN Alliance

Parsippany, New Jersey, USA, Sept. 29, 2021 (GLOBE NEWSWIRE) -- Wireless Telecom Group, Inc. (NYSE American: WTT) today announced that the Company made a $3.7 million voluntary pre-payment of its Muzinich BDC, Inc. (“Muzinich”) Term Loan Facility (“Facility”), or approximately 47% of the term loan balance. In connection with the voluntary pre-payment, Wireless Telecom negotiated certain amendments associated with the Facility, including a lower interest rate on the remaining outstanding amounts. The Company used current cash on hand and availability under its Asset Based Revolving Credit Facility with Bank of America, N.A. to fund the pre-payment.

Wireless Telecom Announces Partial Pre-Payment of Term Loan Facility

Parsippany, New Jersey, USA, Sept. 27, 2021 (GLOBE NEWSWIRE) -- Wireless Telecom Group, Inc. (NYSE American: WTT), announced its Microlab brand has expanded the portfolio of products using its innovative, patent pending SMART (System Monitor, Alarm, Report Technology) capabilities. The first Microlab SMART product, the SMART Coupler, won the 2020 Connected Real Estate Tech Award for Best In-Building Public Safety Solution. That same technology and capability are now being deployed in two new SMART couplers. Along with the new SMART couplers, Microlab is introducing a series of DC Pass Tappers that enable network designers to more cost-effectively and flexibly deploy SMART technology.

Microlab Expands Portfolio of Award-Winning SMART Passives System Strengthening Its Position as the Leader in Real-Time Public Safety DAS Monitoring

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Wireless Telecom Group, Inc. (WTT) CEO Tim Whelan on Q2 2021 Results - Earnings Call Transcript

Wireless Telecom Group, Inc. (WTT) delivered earnings and revenue surprises of 0.00% and 5.56%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

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

Highlights for the quarter ended June 30, 2021:

WIRELESS TELECOM GROUP ANNOUNCES SECOND QUARTER 2021 FINANCIAL RESULTS

Kirkland, Washington & Parsippany, New Jersey, Aug. 05, 2021 (GLOBE NEWSWIRE) -- Pivotal Commware, Inc., a global leader in 5G mmWave smart infrastructure products, and CommAgility, a Wireless Telecom Group (NYSE American:  WTT ) brand and award-winning software supplier to 4G and 5G networks, today announced the integration of CommAgility's physical layer software into Pivotal's Echo 5G™ and Pivot 5G™ repeaters designed for delivering superior broadband experiences to more 5G mmWave subscribers at less cost.

Pivotal Commware Selects CommAgility as 5G Software Supplier for Pivot and Echo 5G Repeaters

Parsippany, New Jersey, USA, Aug. 04, 2021 (GLOBE NEWSWIRE) -- Wireless Telecom Group, Inc. (NYSE American: WTT), a leader in wireless communications and radio frequency instrumentation, announced it will release its 2nd quarter financial results on Wednesday, August 11, 2021, before the market opens.

WIRELESS TELECOM GROUP ANNOUNCES 2nd QUARTER 2021 FINANCIAL RESULTS WILL BE RELEASED AUGUST 11, 2021

Parsippany, New Jersey, USA, July 21, 2021 (GLOBE NEWSWIRE) -- Wireless Telecom Group, Inc. (NYSE American: WTT) (the “Company”), announced today that based on preliminary unaudited results for the three months ended June 30, 2021, the Company estimates revenues of approximately $12.0 million, compared to $11.1 million for same period in 2020, an increase of $900,000, or 8%. Management also expects bookings of approximately $14.5 million for the quarter ended June 30, 2021, compared to $12.8 million of bookings for the quarter ended March 31, 2021, a sequential increase of $1.7 million, or 13%. In addition, management expects to end the second quarter with a backlog of approximately $12.5 million, compared to $10.0 million at March 31, 2021 and $8.3 million at December 31, 2020.

Wireless Telecom Group Announces Preliminary 2021 Second-Quarter Financial Results

Does Wireless Telecom Group, Inc. (WTT) have what it takes to be a top stock pick for momentum investors? Let's find out.

What Makes Wireless Telecom Group, Inc. (WTT) a Strong Momentum Stock: Buy Now?

Wireless Telecom Group Inc's (NYSE: WTT) Boonton brand forayed the signal generation market by introducing the SGX1000 RF Signal Generator. The SGX1000 RF Signal Generator was a new series of instruments that combine high-performance signal generation abilities with an intuitive user interface.

Wireless Telecom's Boonton Marks Signal Generation Market Debut With SGX1000 RF Signal Generator

F irst product introduction combining the technology of Boonton and Holzworth to deliver innovative products to our customers

Boonton Enters Signal Generation Market with New SGX1000 RF Signal Generators Delivering a Unique Combination of High Performance and Ease of Use

Parsippany, New Jersey, USA, June 17, 2021 (GLOBE NEWSWIRE) -- Wireless Telecom Group, Inc. (NYSE American: WTT), announced today that its Holzworth brand has introduced the HSY RF Synthesizer, its new highest performance series of RF synthesizers meeting and exceeding best-in-industry performance and specifications. Packaged in the unique, compact, industry leading high channel density form factor Holzworth is known for, the new HSY synthesizer includes a new signal generation architecture that provide industry leading phase noise and spectral purity from 10 MHz to 40 GHz. This new performance breakthrough combined with the Holzworth high channel density form factor makes the HSY Series the ideal solution for multi-channel applications such as semiconductor manufacturing, quantum computing and radar test systems where phase coherency and signal purity are critical.

Holzworth Introduces New Multi-Channel RF Synthesizer Series offering Best-In-Industry Performance and Channel Density

Wireless Telecom Group Inc's (NYSE: WTT) Radio, Baseband, and Software product group, comprised of the company's CommAgility brand, inked four new 5G software and services contracts in the first half of 2021. The four new contracts represent over $2 million of new orders received in the first two quarters of 2021 and jointly have a total potential contract value of over $6 million.

Wireless Telecom's CommAgility Secured Over $2M In Contracts From New 5G Customers

Parsippany, New Jersey, USA, June 09, 2021 (GLOBE NEWSWIRE) -- Wireless Telecom Group (NYSE American: WTT) is set to join the Russell Microcap ® Index at the conclusion of the 2021 Russell indexes annual reconstitution, effective after the US market opens on June 28, according to a preliminary list of additions posted June 4.

Wireless Telecom Group Set to Join Russell Microcap® Index

Parsippany, New Jersey, USA, May 27, 2021 (GLOBE NEWSWIRE) -- Wireless Telecom Group (NYSE American: WTT), announced its Microlab brand has received the 2020 Connected Real Estate Tech Award for Best In-Building Public Safety Solution. The Award specifically recognizes the Microlab SMART Passives System's unique ability to provide real-time performance monitoring of critical Distributed Antenna System (DAS) infrastructure, supporting reliable and efficient operation of dedicated wireless networks for mission-critical communications.

Microlab SMART Passives System Wins 2020 Connected Real Estate Tech Award for Best In-Building Public Safety Solution

Wireless Telecom Group's (WTT) CEO Tim Whelan on Q1 2021 Results - Earnings Call Transcript

Highlights for the quarter ended March 31, 2021:

WIRELESS TELECOM GROUP ANNOUNCES FIRST QUARTER 2021 FINANCIAL RESULTS

Wireless Telecom Group, Inc. (WTT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Will Wireless Telecom Group, Inc. (WTT) Report Negative Q1 Earnings? What You Should Know

Parsippany, New Jersey, USA, May 05, 2021 (GLOBE NEWSWIRE) -- Wireless Telecom Group, Inc. (NYSE American: W T T), a leader in wireless communications and radio frequency instrumentation, announced it will release its 1st quarter financial results on Thursday, May 13, 2021, before the market opens.

WIRELESS TELECOM GROUP ANNOUNCES 1st QUARTER 2021 FINANCIAL RESULTS WILL BE RELEASED MAY 13, 2021

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Parsippany, New Jersey, USA, April 20, 2021 (GLOBE NEWSWIRE) -- Wireless Telecom Group company (NYSE American: WTT), announced today that passive components from its Microlab brand were selected by BMC Otomotiv, a leading commercial and defense technology and vehicle manufacturer, to support the development of advanced electronic countermeasure (ECM) technology for military vehicles. The robust range of Microlab diplexers and jumper cables were designed to address unique BMC Otomotiv requirements, delivering high-quality, quickly available solutions tailor-made for their specialized vehicle design needs.

Microlab Passive Components Selected by BMC Otomotiv to Support the Development of Advanced Military Vehicles

Parsippany, New Jersey, USA, April 05, 2021 (GLOBE NEWSWIRE) -- Wireless Telecom Group, Inc. (NYSE American:  WTT ), (the “Company”) announced today the appointment of C. Scott Gibson to serve as an independent member and Vice Chairman of its Board of Directors (the “Board”). The Company also announced the formation of a Board Strategy Oversight Committee which Mr. Gibson will chair and will include existing directors Mike Millegan and Mitch Herbets. The purpose of the committee will be to contribute to the Company's long-term strategic planning, product and technology roadmap and research and development strategy. Furthermore, current Board members Joseph M. Manko Jr. and Joseph Garrity have announced they will not seek re-election to the Board at the next annual meeting of shareholders.

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