PCTEL (PCTI) Misses Q3 EPS by 1c
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PCTEL Achieves $24.7 Million in Third Quarter Revenue
October 27, 2016 4:31 PM EDTContinued Sequential Growth
BLOOMINGDALE, Ill.--(BUSINESS WIRE)-- PCTEL, Inc. (NASDAQ: PCTI), a leader in Performance Critical Telecom solutions, announced its 2016 third quarter results.
Quarter Highlights
$24.7 million in revenue for the quarter, a decrease of seven percent from the same period last year. The Company saw a two percent sequential quarterly increase in revenue from the second quarter.
GAAP gross profit margin of 36 percent in the quarter compared to 32... More
