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

PCTEL

04/05/2023 22:03

* PCTEL Inc  PCTI.OQ  reported quarterly adjusted earnings
of 12
cents​​ per share for the quarter ended in March. The lone
analyst forecast for the quarter was for earnings of 5 cents per
share.
    * Revenue rose 1.9% to $22.97 million from a year ago;
analysts
expected $22.50 million. 
    * PCTEL Inc's reported EPS for the quarter was 7 cents​.
    * The mean earnings estimate of analysts had risen by
about 25% 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 11.3% this quarter and
gained 9.5%
so far this year.
    * The company reported quarterly net income of $1.32
million.
    * 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 May
4 at 09:02 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.05           0.12           Beat
 Dec. 31 2022      0.16           0.16           Met
 Sep. 30 2022      0.10           0.14           Beat
 Jun. 30 2022      0.06           0.10           Beat