Pctel: 2Q Earnings Snapshot
BLOOMINGDALE, Ill. (AP) _ Pctel Inc. (PCTI) on Wednesday reported a loss of $1.2 million in its second quarter.
The Bloomingdale, Illinois-based company said it had a loss of 7 cents per share. Earnings, adjusted for non-recurring costs, came to less than 1 cent on a per-share basis.
The provider of antennas and services for wireless networks posted revenue of $21.6 million in the period.
Pctel shares have declined 23 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $5.67, a decline of 14 percent in the last 12 months.