PCTEL (NASDAQ:PCTI) reported its Q1 earnings results on Thursday, May 4, 2023 at 04:01 PM.
Here’s what investors need to know about the announcement.
Earnings
PCTEL beat estimated earnings by 140.0%, reporting an EPS of $0.12 versus an estimate of $0.05.
Revenue was up $431 thousand from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.0 which was followed by a 9.54% increase in the share price the next day.
Here’s a look at PCTEL’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.16 | 0.10 | 0.06 | -0.01 |
| EPS Actual | 0.16 | 0.14 | 0.10 | 0.02 |
| Revenue Estimate | 26.00M | 26.00M | 24.50M | 21.30M |
| Revenue Actual | 25.92M | 25.99M | 24.98M | 22.54M |
To track all earnings releases for PCTEL visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
