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RELM Wireless Reports 2016 Full Year and Fourth Quarter Results

Mar 01, 2017 - PR Newswire

 RELM Wireless Corporation (NYSE MKT: RWC) today announced financial and operating results for the quarter and year ended December 31, 2016.

For the year ended December 31, 2016, revenues increased 70.5% to approximately $50.7 million, compared with approximately $29.7 million for 2015.  Operating income for the year increased 199.7% to approximately $4.3 million, compared with approximately $1.4 million last year, while net income increased 158.3% to approximately $2.7 million, or $0.19...