Franklin Wireless Shares Fall Marginally as Loss Widens in FY26
Franklin Wireless Corp. shares fell marginally after the company reported a wider loss in FY26. Full-year sales declined 20.8% year over year, weighed down by the discontinuation of a key product and litigation costs.
Why it matters — The report signals weakening revenue and profitability for FKWL, driven by a product discontinuation and legal expenses that could continue to pressure results.