Exhibit 11.1
WIRELESS TELECOM GROUP, INC.
COMPUTATION OF PER SHARE EARNINGS
(Unaudited)
For the Three Months | For the Nine Months | |||||||||||||
Ended September 30, | Ended September 30, | |||||||||||||
2008 | 2007 | 2008 | 2007 | |||||||||||
Net Income (Loss) | $ | (510,148 | ) | $ | 941,937 | $ | (2,028,941 | ) | $ | 2,608,927 | ||||
BASIC EARNINGS: | ||||||||||||||
Weighted average number of common shares | ||||||||||||||
outstanding | 25,658,203 | 25,914,099 | 25,730,629 | 25,877,129 | ||||||||||
Basic earnings (loss) per common share | $ | (0.02 | ) | $ | 0.04 | $ | (0.08 | ) | $ | 0.10 | ||||
DILUTED EARNINGS: | ||||||||||||||
Weighted average number of common shares | ||||||||||||||
outstanding | 25,658,203 | 25,914,099 | 25,730,629 | 25,877,129 | ||||||||||
Assumed exercise of stock options | - | 128,088 | - | 190,732 | ||||||||||
Weighted average number of common shares | ||||||||||||||
outstanding, as adjusted | 25,658,203 | 26,042,187 | 25,730,629 | 26,067,861 | ||||||||||
Diluted earnings (loss) per common share | $ | (0.02 | ) | $ | 0.04 | $ | (0.08 | ) | $ | 0.10 |