News headlines about PC-Tel (NASDAQ:PCTI) have trended somewhat positive recently, according to Accern Sentiment. Accern rates the sentiment of press coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. PC-Tel earned a coverage optimism score of 0.17 on Accern’s scale. Accern also gave media stories about the Wireless communications provider an impact score of 46.2178170474429 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
PC-Tel (NASDAQ:PCTI) last posted its quarterly earnings data on Tuesday, August 8th. The Wireless communications provider reported $0.05 EPS for the quarter, beating the Zacks’ consensus estimate of $0.04 by $0.01. PC-Tel had a negative net margin of 5.61% and a positive return on equity of 1.60%. The company had revenue of $21.50 million during the quarter, compared to the consensus estimate of $24.09 million. During the same quarter in the prior year, the company posted $0.08 EPS. The company’s quarterly revenue was up .9% compared to the same quarter last year.
Separately, B. Riley reiterated a “buy” rating and issued a $8.50 target price on shares of PC-Tel in a research report on Monday, August 14th.
PCTEL, Inc (PCTEL) delivers telecom solutions. The Company operates in two segments: Connected Solutions and RF Solutions. The RF Solutions segment develops and provides test equipment, software and engineering services for wireless networks. The Connected Solutions segment designs and delivers antennas and site solutions for wireless networks globally.
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