Wireless Telecom Group, Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was USD 5.33 million compared to USD 7.38 million a year ago. Net loss was USD 2.18 million compared to USD 0.187 million a year ago. Basic loss per share from continuing operations was USD 0.11 compared to USD 0.05 a year ago. Diluted loss per share from continuing operations was USD 0.11 compared to USD 0.05 a year ago. Basic loss per share was USD 0.1. Diluted loss per share was USD 0.1.
For the nine months, sales was USD 18.99 million compared to USD 23.35 million a year ago. Net income was USD 6.66 million compared to USD 1.12 million a year ago. Basic loss per share from continuing operations was USD 0.23 compared to USD 0.03 a year ago. Diluted loss per share from continuing operations was USD 0.23 compared to USD 0.03 a year ago. Basic earnings per share was USD 0.3 compared to USD 0.05 a year ago. Diluted earnings per share was USD 0.3 compared to USD 0.05 a year ago.