BLOOMINGDALE, Ill. (AP) _ Pctel Inc. (PCTI) on Thursday reported third-quarter net income of $1.3 million, after reporting a loss in the same period a year earlier.
On a per-share basis, the Bloomingdale, Illinois-based company said it had net income of 7 cents. Earnings, adjusted for one-time gains and costs, were 14 cents per share.
The provider of antennas and services for wireless networks posted revenue of $23.6 million in the period.
Pctel shares have increased 67% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $7.16, a climb of 59% in the last 12 months.