PCTEL Reports Fourth Quarter and Full Year Financial Results
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PCTEL (PCTI) Tops Q4 EPS by 6c, Revenues Beat
February 25, 2021 5:26 PM ESTPCTEL (NASDAQ: PCTI) reported Q4 EPS of $0.12, $0.06 better than the analyst estimate of $0.06. Revenue for the quarter came in at $21.2 million versus the consensus estimate of $19.5 million.
Highlights
Revenue of $21.2 million in the quarter and $77.5 million for the year, 7.5% lower compared to the fourth quarter 2019 and 14.5% lower in the year compared to 2019. Revenue was higher by 9.5% for the test and measurement product line, and lower by 15.2% for the antenna product line compared to the fourth quarter 2019. For the year, revenue was lower by 2.0% for the test and measurement... More