PCTEL, Inc. (NASDAQ:PCTI) declared quarterly dividend of $ 0.055 per share, or $ 0.22 annualized.
The dividend will be payable on August 17, 2020, to stockholders of record on August 7, 2020, with an ex-dividend date of August 6, 2020.
Dividends History
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Recent Earnings Announcement
PCTEL, Inc. outlined income for the first quarter of $ 0.01 per share, from the revenue of $ 17.51 million. The quarterly earnings reduced 75.00 percent while revenues shrunk 14.96 percent compared with the same quarter last year. Wall street analysts are predicting revenue of $ 18.03 million The top line results fell short of analysts by $ 0.52 million or 2.88 percent.
Stock Performance
According to the previous trading day, closing price of PCTI was $ 6.14, representing a 55.44 % increase from the 52 week low of $ 3.95 and a 36.37 % decrease over the 52 week high of $ 9.65.
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The company has a market capital of $ 119.49 million and is part of the Technology sector and Communication Equipment industry.
PCTEL, Inc., together with its subsidiaries, delivers performance critical telecom solutions in the Asia Pacific, Europe, the Middle East, Africa, and the Americas. The company designs and manufactures precision antennas, which are used primarily in small cells, enterprise Wi-Fi access points, fleet management and transit systems, and in equipment and devices for the Industrial Internet of Things. It also offers radio frequency test and measurement tools that enhance the performance of wireless networks.
