PCTEL (PCTI) Tops Q1 EPS by 4c
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PCTEL Reports $20.6 Million in First Quarter Revenue
May 7, 2019 4:01 PM EDTBLOOMINGDALE, Ill.--(BUSINESS WIRE)-- PCTEL, Inc. (Nasdaq: PCTI) announced its results for the first quarter ended March 31, 2019.
Highlights
Revenue of $20.6 million in the quarter, 5% lower compared to the prior year. Compared to the first quarter 2018, the first quarter revenue was higher by 38% for the test and measurement product line and lower by 15% for the antenna product line. Gross profit margin of 42.0% in the quarter, up 5.8% compared to gross profit margin in the prior year. The increase... More