PCTEL Posts $17.8 Million in Second Quarter Revenue
26.07.10
, A leader in propagation and wireless
network optimization solutions, announced results for the second quarter
ended June 30, 2010.
Second Quarter Highlights
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$17.8 million in revenue for the quarter, an increase of 33
percent over the same period in 2009. This is the fourth consecutive
increase in quarterly revenues.
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GAAP and Non-GAAP Gross Profit Margin of 46 percent, as
compared to 46 percent for the same period last year.
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GAAP Operating Margin of a negative (9) percent as compared to
a negative (16) percent in the same period in 2009.
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Non-GAAP Operating Margin of 6 percent versus 2 percent in the
same period in 2009. The Company's reporting of non-GAAP operating
margin excludes expenses for restructuring, gain or loss on sale of
assets, stock based compensation, amortization and impairment of
intangible assets and goodwill related to the Company's acquisitions.
Source: MarketWatch (press release)