PCTEL Reports Fourth Quarter and Full Year Financial Results
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PCTEL (PCTI) Tops Q4 EPS by 5c
March 5, 2020 4:03 PM ESTPCTEL (NASDAQ: PCTI) reported Q4 EPS of $0.16, $0.05 better than the analyst estimate of $0.11. Revenue for the quarter came in at $22.9 million versus the consensus estimate of $23.75 million.
Revenue of $22.9 million in the quarter and $90.6 million for the year, 8% higher in the quarter and 9% higher for the year compared to 2018. For the fourth quarter, revenue was higher by 55% for the test and measurement product line and lower by 7% for the antenna product line compared to 2018. For the year, revenue was higher by 68% for the test and measurement product line and lower by 5% for... More