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FKWL Stock Declines 12.4%, Q1 Profit Strengthens Amid Lower Sales
ZACKS· 2025-11-21 14:36
Shares of Franklin Wireless Corp. (FKWL) have declined 12.4% since the company reported its earnings for the first quarter of fiscal 2026 compared with the S&P 500’s 1.7% decrease over the same period. Over the past month, the stock has fallen 11.3%, also underperforming the S&P 500’s 1.3% plunge. The stock’s steeper drop reflects investor caution despite modest improvements in several operating metrics.Franklin Wireless posted quarterly revenues of $12.7 million, down 4.3% from $13.3 million a year ago. Ne ...