PCTEL (PCTI) Tops Q2 EPS by 1c

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Go back to PCTEL (PCTI) Tops Q2 EPS by 1c

PCTEL Reports Second Quarter Financial Results

August 9, 2021 4:01 PM EDT

BLOOMINGDALE, Ill.--(BUSINESS WIRE)-- PCTEL, Inc. (Nasdaq: PCTI) announced its results for the second quarter ended June 30, 2021.

Highlights

Revenue of $21.7 million in the second quarter, 9.3% higher compared to the second quarter 2020 and $4.0 million higher compared to the first quarter 2021. Gross profit margin of 45.9% in the second quarter, down 2.1% compared to the gross profit margin in the second quarter 2020. The gross profit percentage decline in the second quarter is primarily due to a higher mix of antennas and Industrial... More