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Pctel reports 4Q loss

BLOOMINGDALE, Ill. (AP) _ Pctel Inc. (PCTI) on Wednesday reported a loss of $5.3 million in its fourth quarter.

On a per-share basis, the Bloomingdale, Illinois-based company said it had a loss of 33 cents. Earnings, adjusted for pretax expenses and asset impairment costs, were 8 cents per share.

The provider of antennas and services for wireless networks posted revenue of $26.7 million in the period.

For the year, the company reported that its loss widened to $17.6 million, or $1.09 per share. Revenue was reported as $96.7 million.

Pctel shares have risen roughly 1 percent since the beginning of the year. The stock has dropped roughly 8 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PCTI at https://www.zacks.com/ap/PCTI


Keywords: Pctel, Earnings Report