Pctel: 2Q Earnings Snapshot
BLOOMINGDALE, Ill. (AP) _ Pctel Inc. (PCTI) on Thursday reported second-quarter net income of $941,000, after reporting a loss in the same period a year earlier.
On a per-share basis, the Bloomingdale, Illinois-based company said it had profit of 5 cents. Earnings, adjusted for stock option expense and non-recurring costs, came to 13 cents per share.
The provider of antennas and services for wireless networks posted revenue of $23.5 million in the period.
In the final minutes of trading on Thursday, the company’s shares hit $4.53. A year ago, they were trading at $5.67.