PCTEL (PCTI) Misses Q1 EPS by 2c

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Go back to PCTEL (PCTI) Misses Q1 EPS by 2c

PCTEL Achieves $21.1 Million in First Quarter Revenue

May 5, 2016 4:17 PM EDT

BLOOMINGDALE, Ill.--(BUSINESS WIRE)-- PCTEL, Inc. (NASDAQ: PCTI), a leader in Performance Critical Telecom solutions, announced its 2016 first quarter results.

Quarter Highlights

$21.1 million in revenue for the quarter, a decrease of 20 percent from the same period last year.

Gross profit margin of 33.5 percent in the quarter compared to 38.7 percent for the same period last year.

GAAP operating margin of negative 13 percent for the quarter compared to... More