WRAP Technologies (WRAP) Misses Q1 EPS by 4c, Revenues Miss

WRAP Technologies (NASDAQ: WRAP) reported Q1 EPS of ($0.14), $0.04 worse than the analyst estimate of ($0.10). Revenue for the quarter came in at $1.5 million versus the consensus estimate of $1.61 million.

Outlook

“We continue to expect near-term headwinds to our growth as international travel remains limited.,” said Mr. Smith. “We expect this to continue through at least the first half of 2021, then soften as we proceed through the second half of 2021. Accordingly, near-term growth rates may differ from historical norms.”

For earnings history and earnings-related data on WRAP Technologies (WRAP) click here.

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