Pctel Inc Reports Results For The Quarter Ended In June: Earnings Summary

PCTEL

09/08/2022 23:02

* PCTEL Inc  PCTI.OQ  reported quarterly adjusted earnings
of 10
cents​​ per share for the quarter ended in June. The lone
analyst forecast for the quarter was for earnings of 6 cents per
share.
    * Revenue rose 15.2% to $24.98 million from a year ago;
analysts
expected $24.50 million. 
    * PCTEL Inc's reported EPS for the quarter was 2 cents​.
    * The mean earnings estimate of analysts had risen by
about 20% in
the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * PCTEL Inc shares had risen by 12.5% this quarter and
lost 18.9%
so far this year.
    * The company reported quarterly net income of $411
thousand.
    * Wall Street's median 12-month price target for PCTEL Inc
is
$9.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data August 9
at 10:02 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.06           0.10           Beat
 Mar. 31 2022      -0.01          0.02           Beat
 Dec. 31 2021      0.08           0.12           Beat
 Sep. 30 2021      0.08           0.08           Met