PC Tel Inc (OQ:PCTI)

Business Focus: Communications & Networking

Sector:  Technology Industry:  Communications & Networking
See Regulatory Filings on SEC
Company Contact
Address: 471 Brighton Drive
Tel: N/A
Website: www.pctel.com
IR: See website
Key People
Steven D. Levy
Chairman of the Board
David A. Neumann
Chief Executive Officer
Martin H. Singer
Vice Chairman of the Board
Kevin J. McGowan
Chief Financial Officer, Vice President
Rishi Bharadwaj
Chief Operating Officer
John Thakkar
Vice President and Chief Technology Officer-Network Analytics, RF Solutions
Business Overview
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. PCTEL antennas and site solutions support networks across the world, including Supervisory Control and Data Acquisition (SCADA) for oil, gas and utilities, fleet management, industrial operations, healthcare, small cell and network timing deployment, defense, public safety, education and broadband access. Its SeeGull flex scanning receivers are used around the world for indoor and drive test applications, including baseline testing, acceptance testing, spectrum clearing, troubleshooting and network optimization. PCTEL provides wireless network testing, commissioning, optimization, design, integration and consulting services.
Financial Overview
For the six months ended 30 June 2019, PC Tel Inc revenues increased 2% to $44.1M. Net income totaled $624K vs. loss of $2.1M. Revenues reflect Other America segment increase from $1.7M to $13.9M. Net Income reflects Other Sales and marketing decrease of 5% to $5.5M (expense), Interest Income increase of 71% to $451K (income). Dividend per share remained flat at $0.11.
Employees: 454 as of Dec 31, 2018
Reporting Currency: U.S. Dollars
Enterprise value: $111.75M as of Jun 30, 2019
Annual revenue (TTM): $83.76M as of Jun 30, 2019
EBITDA (TTM): $1.26M as of Jun 30, 2019
Net annual income (TTM): -$10.18M as of Jun 30, 2019
Free cash flow (TTM): $0.77M as of Jun 30, 2019
Net Debt Last Fiscal Year: N/A
Shares outstanding: 18,487,726 as of Aug 9, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization