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

PCTEL

08/08/2023 23:01

* PCTEL Inc  PCTI.OQ  reported quarterly adjusted earnings
of 7
cents​​ per share for the quarter ended in June. The lone
analyst forecast for the quarter was for earnings of 3 cents per
share.
    * Revenue fell 17.6% to $20.58 million from a year ago;
analysts
expected $20.50 million. 
    * PCTEL Inc's reported EPS for the quarter was 5 cents​.
    * The mean earnings estimate of analysts was unchanged 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 fallen by 3.9% this quarter and
gained 7.2%
so far this year.
    * The company reported quarterly net income of $999
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 LSEG Refinitiv data
August 8 at 10:01 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.03           0.07           Beat
 Mar. 31 2023      0.05           0.12           Beat
 Dec. 31 2022      0.16           0.16           Met
 Sep. 30 2022      0.10           0.14           Beat