Franklin Wireless (NASDAQ:FKWL) Announces Quarterly Earnings Results

Franklin Wireless (NASDAQ:FKWL) released its earnings results on Friday. The company reported $0.02 EPS for the quarter, Zacks reports. The firm had revenue of $17.83 million during the quarter. Franklin Wireless had a negative net margin of 9.26% and a negative return on equity of 8.43%.

Franklin Wireless Stock Performance

Shares of FKWL stock opened at $6.20 on Friday. Franklin Wireless has a 52-week low of $2.69 and a 52-week high of $6.28. The firm has a fifty day moving average of $4.87 and a 200-day moving average of $4.45.

Franklin Wireless Company Profile

Franklin Wireless Corp. provides integrated wireless solutions. The company's products include 5G/4G wireless broadband products, such as wi-fi mobile hotspot, fixed wireless routers, and enterprise gateway CPE; and IoT tracking and connected devices, including smart IoT tracking device, connected car, and home phone connect.