PCTEL Schedules Fourth Quarter Earnings Release
January 18 2011 - 8:30AM
Business Wire
PCTEL, Inc. (NASDAQ:PCTI), a leader in antenna and scanning
receiver solutions, announced today it will release its financial
results for the fourth quarter, 2010 on Thursday, February 24,
2011. An earnings conference call will follow the release at 5:15
p.m. Eastern Time.
In addition, the company is advising its investors and analysts
that revenues were stronger than anticipated in the fourth quarter.
The revenues reflected continued strength in several vertical
markets for antenna products and a recovery in scanner OEM business
from seasonally low Q3 levels as well as scanner project wins in
India and China. The company anticipates reporting approximately
$18.6 million in revenue for the fourth quarter and gross margins
at or above the upper range of previous guidance. These results are
not yet audited. The company does not offer earnings guidance.
The call can be accessed by dialing (877) 693-6682 (U.S. /
Canada) or (706) 679-6397 (International) conference ID: 37532282.
The call will also be webcast at
http://investor.pctel.com/events.cfm. Marty Singer, Chairman and
Chief Executive Officer, and John Schoen, Chief Financial Officer,
will discuss the fourth quarter and annual 2010 financial results
and the company's business outlook. A replay will be available for
two weeks after the call on either the website listed above, or by
calling (800) 642-1687 (U.S./Canada), or International (706)
645-9291 Conference ID: 37532282.
About PCTEL
PCTEL, Inc. (NASDAQ:PCTI - News), is a global leader in
propagation and wireless network optimization solutions. The
company designs and develops software-based radios for wireless
network optimization and develops and distributes innovative
antenna solutions. The company's SeeGull® scanning receivers,
receiver-based products and CLARIFY® interference management
solutions are used to measure, monitor and optimize mobile
networks. PCTEL's SeeGull scanning receivers are deployed in
industry leading wireless test and measurement equipment and viewed
as an essential wireless data collection tool for cellular network
optimization, drive tests, and spectrum clearing. PCTEL develops
and supports scanning receivers for LTE, EVDO, CDMA, WCDMA,
TD-SCDMA and WiMAX networks. SeeHawk™, PCTEL’s latest analysis
tool, facilitates the visualization of data from all of PCTEL’s
data collection devices.
PCTEL's MAXRAD®, Bluewave™ and Wi-Sys™ antenna solutions address
public safety, military, aviation, defense and government
applications; SCADA, Health Care, Energy, Smart Grid and
Agricultural applications; Indoor Wireless, Wireless Backhaul, and
Cellular applications. Its portfolio includes a broad range of
WiMAX antennas, WiFi antennas, Land Mobile Radio antennas, and
precision GPS antennas that serve innovative applications in
telemetry, RFID, in-building, fleet management, and mesh networks.
PCTEL provides parabolic antennas, ruggedized antennas, Yagi
antennas, military antennas, precision aviation antennas and other
high performance antennas for many applications. PCTEL's products
are sold worldwide through direct and indirect channels. PCTEL
Secure, a joint venture with Eclipse Design Technologies, designs
Android-based, secure communication products. For more information,
please visit the company's web sites www.pctel.com,
www.antenna.com, www.antenna.pctel.com, or
www.rfsolutions.pctel.com.
PCTEL SAFE HARBOR
This press release contains "forward-looking statements" as
defined in the Private Securities Litigation Reform Act of 1995.
Specifically, the statements regarding PCTEL's Q4 revenues
reflecting continued strength in several vertical markets for
antenna products and a growing demand for scanning receivers in
India and China, are forward looking statements within the meaning
of the safe harbor. These statements are based on management's
current expectations and actual results may differ materially from
those projected as a result of certain risks and uncertainties,
including the ability to successfully grow the wireless products
business and the ability to implement new technologies and obtain
protection for the related intellectual property. These and other
risks and uncertainties are detailed in PCTEL's Securities and
Exchange Commission filings. These forward-looking statements are
made only as of the date hereof, and PCTEL disclaims any obligation
to update or revise the information contained in any
forward-looking statement, whether as a result of new information,
future events or otherwise.
PCTEL (NASDAQ:PCTI)
Historical Stock Chart
From Sep 2024 to Oct 2024
PCTEL (NASDAQ:PCTI)
Historical Stock Chart
From Oct 2023 to Oct 2024