Franklin Wireless reports a wider y/y loss in Q3, as sales tumble 57%, hurt by weak hotspot demand, and a shift toward routers and telecom modules.
Franklin Wireless shares slide after Q1 results show lower sales but stronger margins and higher profit, highlighting shifting demand and cost efficiencies.
FKWL posts strong FY25 results with surging revenues, a narrower loss and renewed momentum from its Sigbeat joint venture and cost controls.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| HFT Hui Fai Tam Caitong International Asset Management Co. Ltd. | 2 | $8 | $5.58 | -$2.42 | -30.25% |
| Communications Equipment Industry | Information Technology Sector | Chae Kim CEO | NASDAQ (CM) Exchange | 355184102 CUSIP |
| US Country | 69 Employees | 14 Nov 2025 Last Dividend | 22 Jan 2008 Last Split | 23 Feb 1996 IPO Date |
Franklin Wireless Corp. specializes in offering integrated wireless solutions, holding a foundational position since its inception in 1981. Positioned in San Diego, California, the company has dedicated itself to the development, production, and marketing of a wide range of high-end wireless products, including advanced 5G and 4G solutions. Predominantly, Franklin Wireless caters to wireless operators and relies on strategic partners and distributors to extend its market reach beyond the local territories into regions including North America, the Caribbean, South America, and Asia. The commitment to innovation is evident in their product line-up which spans from Wi-Fi mobile hotspots to intricate IoT server platforms, underscoring their integral role in the burgeoning wireless and IoT sectors.
Franklin Wireless provides a robust array of wireless broadband products that include Wi-Fi mobile hotspots, fixed wireless routers, and enterprise gateway Customer Premises Equipment (CPE). These products enable high-speed internet access on the go and are vital for both personal and professional connectivity in an increasingly digital world.
The company offers smart IoT tracking devices, solutions for connected cars, and home phone connect systems. These devices cater to the growing demand for intelligent and interconnected gadgets that enhance the functionality and security of everyday objects and vehicles through advanced tracking and monitoring capabilities.