PCTEL (PCTI) Tops Q4 EPS by 12c
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PCTEL Reports Fourth Quarter and Full Year Financial Results
February 24, 2022 4:01 PM ESTBLOOMINGDALE, Ill.--(BUSINESS WIRE)-- PCTEL, Inc. (Nasdaq: PCTI) announced its results for the fourth quarter and full year ended December 31, 2021.
Highlights
Revenue of $26.0 million in the fourth quarter and $87.8 million for the year, 22.8% higher compared to the fourth quarter 2020 and 13.4% higher for the full year compared to 2020. Revenue was 24.7% higher in 2021 for antennas and Industrial IoT devices and 6.8% lower in 2021 for the test and measurement products compared to 2020. Gross profit margin of 45.9% in the... More