PCTEL (PCTI) Tops Q3 EPS by 2c
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PCTEL Reports $23.6 Million in Third Quarter Revenue
November 7, 2019 4:01 PM ESTBLOOMINGDALE, Ill.--(BUSINESS WIRE)-- PCTEL, Inc. (Nasdaq: PCTI) announced its results for the third quarter ended September 30, 2019.
Highlights
Revenue of $23.6 million in the quarter, 28% higher compared to the prior year. The third quarter revenue was higher by 104% for the test and measurement product line and higher by 11% for the antenna product line compared to the third quarter 2018. Gross profit margin of 45.1% in the quarter, up 8.6% compared to gross profit margin in the prior year. The increase in... More