PC-Tel, Inc. (PCTI) Reports In-Line Q3 EPS

PC-Tel, Inc. (NASDAQ: PCTI) reported Q3 EPS of $0.16, in-line with the analyst estimate of $0.16. Revenue for the quarter came in at $27.9 million versus the consensus estimate of $28 million.

"We enjoyed a strong quarter in network engineering, IBflex™ scanning receivers, new OEM antenna design wins, mobile towers and small cell site solution deployment,” said Marty Singer, PCTEL’s Chairman and CEO. “We anticipate continued demand from China’s LTE carriers, execution against our strong small cell site solution backlog, expansion of our broadband wireless antenna business and new applications for our industry-leading GNSS antennas. The demand for in-building, ODAS, and wireless capacity in dense venues should drive continued growth of our network engineering services operation and in-building solutions,” added Singer.

For earnings history and earnings-related data on PC-Tel, Inc. (PCTI) click here.

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