William Garrison
Small-cap, micro-cap, long/short equity

Springtime In Florida: Things Are Heating Up For RELM Wireless Corp.

RELM Wireless Corp.'s contract momentum is building.

Florida-based Relm Wireless Corp. (NYSEMKT:RWC) announced a $1.4 million contract win with a new federal customer this week. This news follows two other press releases from early April, where RWC announced $2.1 million in orders from the U.S. Forest Service and $3.5 million in orders from a variety of state public safety agencies. With more than seven weeks left in the second quarter, RWC has the likely potential to see its first $10 million revenue quarter in the past decade when Q2 results are reported, and Q3 is normally the company's strongest from a seasonal perspective given that it coincides with the end of the federal fiscal year. First quarter...

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