2023-05-04 16:04:31 ET
- PCTEL press release ( NASDAQ: PCTI ): Q1 Non-GAAP EPS of $0.12 beats by $0.07 .
- Revenue of $23M (+2.2% Y/Y) beats by $0.5M .
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Cash, cash equivalents and investments were $30.3 million as of March 31, 2023, an increase of approximately $0.3 million as compared to December 31, 2022.
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Second Quarter 2023 Outlook
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The following ranges represent PCTEL’s current expectations for the second quarter 2023 based upon available data and estimates.
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Revenue: $20.0 million to $21.0 million
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Non-GAAP Gross Margin: 47% to 48%
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Non-GAAP EPS: $0.02 to $0.04
For further details see:
PCTEL Non-GAAP EPS of $0.12 beats by $0.07, revenue of $23M beats by $0.5M