John Leonard, CFA
Special situations, micro-cap, contrarian, CFA

The Impressive Growth At Wireless Telecom Group Could Get Even Better

Key takeaways

    Wireless Telecom Group (NYSEMKT:WTT) continues to post steady top line growth due to the recent triple-digit revenue growth in the network solutions segment, which was offset by weakness in the test and measurement segment. However, signs of turnaround at the latter should result in WTT "firing on all cylinders" in the near term. Moreover, the continuing shift towards the higher margin and faster growing network solutions segment supports a higher multiple. Furthermore, an activist investor could enter the picture in order to eliminate recently elevated legal and consulting fees being spent on "strategic opportunities" with nothing to show for it. An accelerated buyback or special dividend funded by the high net cash balance is another way ...
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