PCTEL Reports $21.2 Million in Fourth Quarter Revenue
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PCTEL (PCTI) Tops Q4 EPS by 2c, Revenues Beat
March 14, 2019 4:03 PM EDTPCTEL (NASDAQ: PCTI) reported Q4 EPS of $0.03, $0.02 better than the analyst estimate of $0.01. Revenue for the quarter came in at $21.2 million versus the consensus estimate of $20.25 million.
Revenue of $21.2 million in the quarter and $83.0 million for the year, 9% lower in the quarter and 9% lower for the year compared to the prior year. Revenue was lower in both the antenna and test & measurement product lines in the quarter and for the year compared to the prior year.Gross profit margin of 40.9% in the quarter and 37.5% for the year, down 3.1% in... More