PCTI - Earnings announcements

PCTEL, Inc. (NASDAQ:PCTI) ("PCTEL" or the "Company"), a leading global provider of wireless technology solutions, today reported results for the third quarter ended September 30, 2023. As previously announced, on October 13, 2023, the Company entered into an Agreement and Plan of Merger with Amphenol Corporation and a wholly owned subsidiary of Amphenol Corporation. Under the terms of the agreement, Amphenol is to acquire all outstanding shares of the Company, and the Company's stockholders will receive $7.00 in cash for each share of common stock they own. The transaction is expected to close in the fourth quarter of 2023 or early 2024, subject to customary closing conditions, including

Third Quarter 2023 Highlights: Sales of $3.199 billion, down 3% in U.S. dollars and 5% organically compared to the third quarter of 2022 GAAP Diluted EPS of $0.83, up 4% compared to prior year Adjusted Diluted EPS of $0.78, down 3% compared to prior year GAAP and Adjusted Operating Margin of 20.6% and 20.8%, respectively Operating and Free Cash Flow of $618 million and $544 million, respectively Closed three acquisitions since July earnings call – Connor Manufacturing Services, Q Microwave and XMA Corporation – and signed an agreement to acquire PCTEL Increased quarterly dividend by 5% to $0.22 per share Amphenol Corporation (NYSE:APH) today reported third quarter 20

PCTEL achieves second quarter revenues of $20.6 million and gross profit margin of 49.1% PCTEL, Inc. (NASDAQ:PCTI) ("PCTEL" or the "Company"), a leading global provider of wireless technology solutions, today reported results for the second quarter ended June 30, 2023. Second Quarter 2023 Highlights Revenues of $20.6 million, down from $25.0 million in the prior year period GAAP gross profit margin of 49.1% GAAP net income of $1.0 million or $0.05 per diluted share Non-GAAP net income of $1.4 million or $0.07 per diluted share Adjusted EBITDA of $1.7 million, down from $2.6 million in the prior year period Announced new 4G LTE and 5G network monitoring capabilities for

PCTEL, Inc. (NASDAQ:PCTI), a leading global provider of wireless technology, announced today that it will release its second quarter 2023 financial results on Tuesday, August 8, 2023. An earnings conference call will follow the release at 4:30 p.m. Eastern Time. David Neumann, PCTEL's CEO, and Kevin McGowan, Vice President and CFO, will be on the call. The call can be accessed by dialing 1-877-704-4453 or 1-201-389-0920. The call will also be webcast at https://investor.pctel.com/news-events/webcasts-events. A replay will be available for two weeks after the call on the website listed above, or by calling 1-844-512-2921 or 1-412-317-6671, access ID: 13739477. About PCTEL PCTEL is a le

PCTEL achieved first quarter revenues of $23.0 million and gross profit margin of 50% Advancement on key growth strategies PCTEL, Inc. (NASDAQ:PCTI) ("PCTEL" or the "Company"), a leading global provider of wireless technology solutions, today reported results for the first quarter ended March 31, 2023. First Quarter 2023 Highlights Revenues of $23.0 million GAAP gross profit margin of 50.2% GAAP net income of $1.3 million or $0.07 per diluted share Non-GAAP net income of $2.1 million or $0.12 per diluted share Adjusted EBITDA increased 153% year-over-year to $2.8 million Announced new VerStack antenna platform for smarter rail communication and Industrial IoT applica

PCTEL, Inc. (NASDAQ:PCTI), a leading global provider of wireless technology, announced today that it will release its first quarter 2023 financial results on Thursday, May 4, 2023. An earnings conference call will follow the release at 4:30 p.m. Eastern Time. David Neumann, PCTEL's CEO, and Kevin McGowan, Vice President and CFO, will be on the call. The call can be accessed by dialing (888) 506-0062 (United States/Canada) or (973) 528-0011 (International), access code: 426385. The call will also be webcast at https://investor.pctel.com/news-events/webcasts-events. A replay will be available for two weeks after the call on the website listed above, or by calling (877) 481-4010 (United Stat

PCTEL achieved 2022 revenues of $99.4 million, up 13%, and gross profit margin of 46% Strong expansion in net income and Adjusted EBITDA in the fourth quarter and fiscal year 2022 PCTEL, Inc. (NASDAQ:PCTI) ("PCTEL" or the "Company"), a leading global provider of wireless technology solutions, today reported results for the fourth quarter and full year ended December 31, 2022. Fourth Quarter 2022 Highlights Revenues of $25.9 million, equivalent to the fourth quarter 2021 GAAP gross profit margin of 50.3% GAAP net income of $2.1 million or $0.11 per diluted share Non-GAAP net income of $3.0 million or $0.16 per diluted share Adjusted EBITDA increased 21.7% year-over-year to $3.7

PCTEL, Inc. (NASDAQ:PCTI), a leading global provider of wireless technology, announced today that it will release its fourth quarter 2022 financial results on Tuesday, March 7, 2023. An earnings conference call will follow the release at 4:30 p.m. Eastern Time. David Neumann, PCTEL's CEO, and Kevin McGowan, Vice President and CFO, will be on the call. The call can be accessed by dialing (888) 506-0062 (United States/Canada) or (973) 528-0011 (International), access code: 209567. The call will also be webcast at https://investor.pctel.com/news-events/webcasts-events. A replay will be available for two weeks after the call on the website listed above, or by calling (877) 481-4010 (United Sta

PCTEL increased revenue 16% year-over-year and achieved gross profit margin of 45.9% New MultiFin 7-in-1 antenna product and FCC Certification of the Industrial IoT Radio Module further progress the Company's product innovation strategy PCTEL, Inc. (NASDAQ:PCTI) ("PCTEL" or the "Company"), a leading global provider of wireless technology solutions, announced its results for the third quarter ended September 30, 2022. Recent Highlights Revenues increased 16.0% year-over-year to $26.0 million GAAP gross profit margin of 45.9% GAAP net income of $2.0 million or $0.11 per diluted share Non-GAAP net income of $2.6 million or $0.14 per diluted share Adjusted EBITDA increased 41.0% ye

PCTEL, Inc. (NASDAQ:PCTI), a leading global provider of wireless technology, announced today that it will release its third quarter 2022 financial results on Thursday, November 3, 2022. An earnings conference call will follow the release at 4:30 p.m. Eastern Time. David Neumann, PCTEL's CEO, and Kevin McGowan, Vice President and CFO, will be on the call. The call can be accessed by dialing (877) 545-0523 (United States/Canada) or (973) 528-0016 (International), access code: 779586. The call will also be webcast at https://investor.pctel.com/news-events/webcasts-events . A replay will be available for two weeks after the call on the website listed above, or by calling (877) 481-4010 (United

Revenue increased 15% year-over-year and achieved gross profit margin of 45.8% Strong execution for both product lines through significant orders for test & measurement products and the launch of an innovative new antenna portfolio PCTEL, Inc. (NASDAQ:PCTI), a leading global provider of wireless technology solutions, announced its results for the second quarter ended June 30, 2022. Recent Highlights Revenues increased 15.2% year-over-year to $25.0 million GAAP gross profit margin of 45.8% GAAP net income of $0.4 million or $0.02 per diluted share Non-GAAP net income of $1.8 million or $0.10 per diluted share Adjusted EBITDA increased 18% year-over-year to $2.6 million Launche

PCTEL, Inc. (NASDAQ:PCTI), a leading global provider of wireless technology, announced today that it will release its second quarter 2022 financial results on Tuesday, August 9, 2022. An earnings conference call will follow the release at 4:30 p.m. Eastern Time. David Neumann, PCTEL's CEO, and Kevin McGowan, Vice President and CFO, will be on the call. The call can be accessed by dialing (877) 545-0523 (United States/Canada) or (973) 528-0016 (International), access code: 556919. The call will also be webcast at https://investor.pctel.com/news-events/webcasts-events . A replay will be available for two weeks after the call on the website listed above, or by calling (877) 481-4010 (United S

PCTEL, Inc. (NASDAQ:PCTI) announced its results for the first quarter ended March 31, 2022. Highlights Revenue of $22.5 million in the first quarter, 27.3% higher compared to the first quarter 2021. Gross profit margin of 41.4% in the first quarter compared to 47.1% in the first quarter 2021. The decline from the first quarter of 2021 is primarily due to a higher mix of antennas and Industrial IoT devices. GAAP net loss per diluted share of $0.09 in the first quarter compared to net loss of $0.04 in the first quarter 2021. Restructuring expenses related to the manufacturing transition in China were $0.05 per share in the first quarter 2022. Non-GAAP net income and adjusted EBITDA a

PCTEL, Inc. (NASDAQ:PCTI), a leading global provider of wireless technology, announced today that it will release its first quarter 2022 financial results on Tuesday, May 10, 2022. An earnings conference call will follow the release at 4:30 p.m. Eastern Time. David Neumann, PCTEL's CEO, and Kevin McGowan, Vice President and CFO, will be on the call. The call can be accessed by dialing (877) 545-0523 (United States/Canada) or (973) 528-0016 (International), access code: 880538. The call will also be webcast at https://investor.pctel.com/news-events/webcasts-events . A replay will be available for two weeks after the call on the website listed above, or by calling (877) 481-4010 (United Stat

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 fourth quarter and 46.1% for the year, compared to 50.1% in the fourth quarter 2020 and 49.0% for the full year 2020. The decline in the gross margin percentages in 2021 compared to 2020 is primarily due

PCTEL, Inc. (NASDAQ:PCTI), a leading global provider of wireless technology, announced today that it will release its fourth quarter 2021 financial results on Thursday, February 24, 2022. An earnings conference call will follow the release at 4:30 p.m. Eastern Time. David Neumann, PCTEL's CEO, and Kevin McGowan, Vice President and CFO, will be on the call. The call can be accessed by dialing (888) 506-0062 (United States/Canada) or (973) 528-0011 (International), access code: 546427. The call will also be webcast at https://investor.pctel.com/news-events/webcasts-events . A replay will be available for two weeks after the call on the website listed above, or by calling (877) 481-4010 (Unit

PCTEL, Inc. (NASDAQ:PCTI) announced its results for the third quarter ended September 30, 2021. Highlights Revenue of $22.4 million in the third quarter, 18.4% higher compared to the third quarter 2020 and $0.7 million higher compared to the second quarter 2021. Gross profit margin of 45.8% in the third quarter compared to 50.6% in the third quarter 2020 and 45.9% in the second quarter 2021. The decline from the third quarter of 2020 is primarily due to a higher mix of antennas and Industrial IoT devices. GAAP net income per diluted share of $0.04 in the third quarter compared to $0.06 in the third quarter 2020 and ($0.01) in the second quarter 2021. Non-GAAP net income and adjuste

PCTEL, Inc. (NASDAQ:PCTI), a leading global provider of wireless technology, announced today that it will release its third quarter 2021 financial results on Thursday, November 4, 2021. An earnings conference call will follow the release at 4:30 p.m. Eastern Time. David Neumann, PCTEL's CEO, and Kevin McGowan, Vice President and CFO, will be on the call. The call can be accessed by dialing (877) 545-0320 (United States/Canada) or (973) 528-0002 (International), entry code: 570294. The call will also be webcast at https://investor.pctel.com/news-events/webcasts-events. A replay will be available for two weeks after the call on the website listed above, or by calling (877) 481-4010 (United S

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 IoT devices. GAAP net income per diluted share of ($0.01) in the second quarter compared to $0.07 in the second quarter 2020. Non-GAAP net income and adjusted EBITDA are metrics the Compa

PCTEL, Inc. (NASDAQ:PCTI), a leading global provider of wireless technology, announced today that it will release its second quarter 2021 financial results on Monday, August 9, 2021. An earnings conference call will follow the release at 4:30 p.m. Eastern Time. David Neumann, PCTEL's CEO, and Kevin McGowan, Vice President and CFO, will be on the call. The call can be accessed by dialing (888) 506-0062 (United States/Canada) or (973) 528-0011 (International), entry code: 592274. The call will also be webcast at https://investor.pctel.com/news-events/webcasts-events . A replay will be available for two weeks after the call on the website listed above, or by calling (877) 481-4010 (United Sta