Franklin Wireless (NASDAQ:FKWL) Releases Earnings Results

Franklin Wireless (NASDAQ:FKWL) issued its quarterly earnings data on Friday. The company reported $0.02 earnings per share for the quarter, Zacks reports. Franklin Wireless had a negative net margin of 9.26% and a negative return on equity of 8.43%. The business had revenue of $17.83 million during the quarter.

Franklin Wireless Stock Performance

Shares of Franklin Wireless stock opened at $6.20 on Friday. The firm has a fifty day simple moving average of $4.87 and a 200-day simple moving average of $4.45. Franklin Wireless has a 1-year low of $2.69 and a 1-year high of $6.28.

About Franklin Wireless

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.