PCTEL (PCTI) Tops Q4 EPS by 2c, Revenues Beat
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PCTEL Reports $21.2 Million in Fourth Quarter Revenue
March 14, 2019 4:01 PM EDTBLOOMINGDALE, Ill.--(BUSINESS WIRE)-- PCTEL, Inc. (Nasdaq: PCTI) announced its results for the fourth quarter ended December 31, 2018.
Highlights from Continuing Operations
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... More