EX-11.1 2 file2.htm COMPUTATION OF PER SHARE EARNINGS


                                                                    Exhibit 11.1

                          WIRELESS TELECOM GROUP, INC.
                        COMPUTATION OF PER SHARE EARNINGS
                                   (UNAUDITED)



                                        For the Three Months         For the Six Months
                                           Ended June 30,              Ended June 30,
                                     -------------------------   -------------------------
                                         2006          2005          2006         2005
                                     -----------   -----------   -----------   -----------

Net Income                           $   189,868   $ 1,058,870   $ 1,206,373   $ 2,129,471
                                     ===========   ===========   ===========   ===========
BASIC EARNINGS:
Weighted average number of common
   shares outstanding                 25,851,279    17,487,376    25,787,421    17,474,720
                                     ===========   ===========   ===========   ===========
Basic earnings per common share      $      0.01   $      0.06   $      0.05   $      0.12
                                     ===========   ===========   ===========   ===========
DILUTED EARNINGS:
Weighted average number of common
   shares outstanding                 25,851,279    17,487,376    25,787,421    17,474,720
Assumed exercise of stock options        107,089       120,911       314,865       153,468
                                     -----------   -----------   -----------   -----------
Weighted average number of common
   shares outstanding, as adjusted    25,958,368    17,608,287    26,102,286    17,628,188
                                     ===========   ===========   ===========   ===========
Diluted earnings per common share    $      0.01   $      0.06   $      0.05   $      0.12
                                     ===========   ===========   ===========   ===========