PCTEL Reports $21.6 Million in Second Quarter Revenue
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PCTEL (PCTI) Misses Q2 EPS by 5c, Revenues Miss
August 8, 2018 4:54 PM EDTPCTEL (NASDAQ: PCTI) reported Q2 EPS of $0.00, $0.05 worse than the analyst estimate of $0.05. Revenue for the quarter came in at $21.6 million versus the consensus estimate of $23.51 million.
Revenue of $21.6 million in the second quarter and $43.3 million in the first half, unchanged in the quarter and down 3% in the first half compared to last year. Connected Solutions revenue was up 4% in the quarter and 3% in the half. RF Solutions revenuewas down 11% in the quarter and 22% in the half.Gross profit margin of 36.1% in the second quarter and 36.2% in the first... More