PCTEL Inc. Reports 123% Rise In Q4 Bottom Line

(RTTNews) - PCTEL Inc. (PCTI) reported earnings for its fourth quarter that rose compared to the same period last year.

The company said its bottom line rose to $1.36 million, or $0.08 per share. This was higher than $0.61 million, or $0.04 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.07 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 2.2% to $26.71 million. This was up from $26.14 million last year.

PCTEL Inc. earnings at a glance:

-Earnings (Q4): $1.36 Mln. vs. $0.61 Mln. last year. -Earnings Growth (Y-o-Y): 123.0% -EPS (Q4): $0.08 vs. $0.04 last year. -EPS Growth (Y-o-Y): 100% -Analysts Estimate: $0.07 -Revenue (Q4): $26.71 Mln vs. $26.14 Mln last year. -Revenue Change (Y-o-Y): 2.2%