Exhibit 11.1 WIRELESS TELECOM GROUP, INC. COMPUTATION OF PER SHARE EARNINGS (Unaudited) For the Three Months Ended March 31, 1997 1996 --------- --------- NET INCOME $ 2,239,280 $ 1,816,947 --------- --------- PRIMARY Weighted average shares 17,409,947 17,291,436 Assumed conversions: Stock options 414,331 288,346 ---------- ---------- Total weighted average shares outstanding 17,824,278 17,579,782 ========== ========== Per share amounts $ .13 $ .10 ========== ========== FULLY DILUTED Weighted average shares 17,409,947 17,291,436 Assumed conversions: Stock options 414,331 288,346 ---------- ---------- Total weighted average shares outstanding 17,824,278 17,579,782 ========== ========== Per share amounts $ .13 $ .10 ========== ========== -11-