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Exhibit 11.1
WIRELESS TELECOM GROUP, INC.
COMPUTATION OF PER SHARE EARNINGS
(Unaudited)
For the Three Months | ||||
Ended March 31, | ||||
2007 | 2006 | |||
Net Income | $ 663,243 | $ 1,016,505 | ||
BASIC EARNINGS: | ||||
Weighted average number of common shares | ||||
outstanding | 25,853,851 | 25,722,852 | ||
Basic earnings per common share | $ 0.03 | $ 0.04 | ||
DILUTED EARNINGS: | ||||
Weighted average number of common shares | ||||
outstanding | 25,853,851 | 25,722,852 | ||
Assumed exercise of stock options | 115,938 | 131,224 | ||
Weighted average number of common shares | ||||
outstanding, as adjusted | 25,969,789 | 25,854,076 | ||
Diluted earnings per common share | $ 0.03 | $ 0.04 |