PCTEL, Inc. (NASDAQ:PCTI) ("PCTEL" or the "Company"), a leading global provider of wireless technology solutions, today announced that it has been acquired by Amphenol Corporation (NYSE:APH) ("Amphenol"), one of the world's largest providers of high-technology interconnect, sensor and antenna solutions. Under the terms of the previously announced agreement, PCTEL stockholders are receiving $7.00 in cash for each share of common stock they own. Following the acquisition, PCTEL is a wholly owned subsidiary of Amphenol, and PCTEL shares are no longer publicly traded. About PCTEL PCTEL is a leading global provider of wireless technology solutions, including purpose-built Industrial IoT devi

Enabling Wireless Connectivity Together Even in the Most Challenging Environments PCTEL, Inc. (NASDAQ:PCTI), a leading global provider of wireless technology solutions, today announced it has joined Cradlepoint's Technology Alliance Partner Program. PCTEL's work with Cradlepoint represents the continuation of the collaboration between the two companies in previous successful projects. Together, PCTEL and Cradlepoint can help customers optimize connectivity performance and coverage by providing them the right antenna with the right 4G/5G router. Daniel Laredo, PCTEL's Vice President of Global Sales, commented, "It is an honor to be formally part of the Cradlepoint Technology Alliance Par

Providing High Performance Embedded Connectivity for Portable and Network Devices PCTEL, Inc. (NASDAQ:PCTI), a leading global provider of wireless technology solutions, today announced its new embedded antenna platform for integrated radio deployments. PCTEL's embedded antennas help device manufacturers to overcome space limitations and meet aesthetic requirements without sacrificing performance. PCTEL's embedded antenna portfolio consists of compact low-profile design solutions that provide wide coverage patterns in the 2.4 GHz, 5 GHz and 6 GHz frequency bands. They are easy to install and integrate into tight spaces. The antennas offer a solid mechanical construction and are designed

PCTEL, Inc. (NASDAQ:PCTI) ("PCTEL" or the "Company"), a leading global provider of wireless technology solutions, today reported results for the third quarter ended September 30, 2023. As previously announced, on October 13, 2023, the Company entered into an Agreement and Plan of Merger with Amphenol Corporation and a wholly owned subsidiary of Amphenol Corporation. Under the terms of the agreement, Amphenol is to acquire all outstanding shares of the Company, and the Company's stockholders will receive $7.00 in cash for each share of common stock they own. The transaction is expected to close in the fourth quarter of 2023 or early 2024, subject to customary closing conditions, including

Third Quarter 2023 Highlights: Sales of $3.199 billion, down 3% in U.S. dollars and 5% organically compared to the third quarter of 2022 GAAP Diluted EPS of $0.83, up 4% compared to prior year Adjusted Diluted EPS of $0.78, down 3% compared to prior year GAAP and Adjusted Operating Margin of 20.6% and 20.8%, respectively Operating and Free Cash Flow of $618 million and $544 million, respectively Closed three acquisitions since July earnings call – Connor Manufacturing Services, Q Microwave and XMA Corporation – and signed an agreement to acquire PCTEL Increased quarterly dividend by 5% to $0.22 per share Amphenol Corporation (NYSE:APH) today reported third quarter 20

All cash transaction values PCTEL at approximately $139.7 million, or $7.00 per share, over a 50% premium to today's closing price PCTEL, Inc. (NASDAQ:PCTI)( "PCTEL" or the "Company"), a leading global provider of wireless technology solutions, today announced that it has reached a definitive agreement to be acquired by Amphenol Corporation (NYSE:APH), one of the world's largest providers of high-technology interconnect, sensor and antenna solutions. Highlights: Amphenol to acquire all outstanding shares of PCTEL Deal structured as an all cash transaction for total consideration of approximately $139.7 million PCTI stockholders to receive $7.00 per share in cash Deal subject

PCTEL, Inc. (NASDAQ:PCTI), a leading global provider of wireless technology solutions, today announced that management will participate in Lake Street Capital Markets' "BIG7" 7th Annual Best Ideas Growth Conference on Thursday, September 14, 2023 in New York City. David Neumann, Chief Executive Officer, and Kevin McGowan, Chief Financial Officer, are scheduled to hold one-on-one meetings with investors in attendance at the conference. About PCTEL PCTEL is a leading global provider of wireless technology solutions, including purpose-built Industrial IoT devices, antenna systems, and test and measurement products. Trusted by our customers for over 29 years, we solve complex wireless chall

PCTEL Public Safety Network Testing Expert Takes on Leadership Role in SBC's Mission of Eliminating In-Building Wireless Dead Zones PCTEL, Inc. (NASDAQ:PCTI), a leading global provider of wireless technology solutions, today announced that David Adams, PCTEL's Director of Market Development for critical communications test and measurement products, has been named President of the nonprofit Safer Buildings Coalition's Board of Directors, effective September 1, 2023. "The Safer Buildings Coalition is delighted to welcome David Adams as the new President of our Board of Directors," said Chief Alan Perdue (ret.), Executive Director of the Safer Buildings Coalition. "As a longtime Board memb

PCTEL achieves second quarter revenues of $20.6 million and gross profit margin of 49.1% PCTEL, Inc. (NASDAQ:PCTI) ("PCTEL" or the "Company"), a leading global provider of wireless technology solutions, today reported results for the second quarter ended June 30, 2023. Second Quarter 2023 Highlights Revenues of $20.6 million, down from $25.0 million in the prior year period GAAP gross profit margin of 49.1% GAAP net income of $1.0 million or $0.05 per diluted share Non-GAAP net income of $1.4 million or $0.07 per diluted share Adjusted EBITDA of $1.7 million, down from $2.6 million in the prior year period Announced new 4G LTE and 5G network monitoring capabilities for

Reliable Connectivity Even in the Harshest Environments PCTEL, Inc. (NASDAQ:PCTI), a leading global provider of wireless technology solutions, today announced its new 5G FR1 Omnidirectional antenna optimized for Industrial IoT applications. The demand for reliable, secure wireless connectivity and extensive coverage is increasing. PCTEL's new 5G FR1 omnidirectional antenna has been designed to meet the requirements of today's wireless networks and to provide continuous connectivity in the harshest environments. Suitable for a wide variety of mission critical communication applications such as utilities, smart cities, factory automation, retail/security failover, and overall Industrial

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B. Riley resumed coverage of PCTEL with a rating of Buy and set a new price target of $10.50 from $8.00 previously

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PCTEL, Inc. (NASDAQ:PCTI) ("PCTEL" or the "Company"), a leading global provider of wireless technology solutions, today reported results for the third quarter ended September 30, 2023. As previously announced, on October 13, 2023, the Company entered into an Agreement and Plan of Merger with Amphenol Corporation and a wholly owned subsidiary of Amphenol Corporation. Under the terms of the agreement, Amphenol is to acquire all outstanding shares of the Company, and the Company's stockholders will receive $7.00 in cash for each share of common stock they own. The transaction is expected to close in the fourth quarter of 2023 or early 2024, subject to customary closing conditions, including

Third Quarter 2023 Highlights: Sales of $3.199 billion, down 3% in U.S. dollars and 5% organically compared to the third quarter of 2022 GAAP Diluted EPS of $0.83, up 4% compared to prior year Adjusted Diluted EPS of $0.78, down 3% compared to prior year GAAP and Adjusted Operating Margin of 20.6% and 20.8%, respectively Operating and Free Cash Flow of $618 million and $544 million, respectively Closed three acquisitions since July earnings call – Connor Manufacturing Services, Q Microwave and XMA Corporation – and signed an agreement to acquire PCTEL Increased quarterly dividend by 5% to $0.22 per share Amphenol Corporation (NYSE:APH) today reported third quarter 20

PCTEL achieves second quarter revenues of $20.6 million and gross profit margin of 49.1% PCTEL, Inc. (NASDAQ:PCTI) ("PCTEL" or the "Company"), a leading global provider of wireless technology solutions, today reported results for the second quarter ended June 30, 2023. Second Quarter 2023 Highlights Revenues of $20.6 million, down from $25.0 million in the prior year period GAAP gross profit margin of 49.1% GAAP net income of $1.0 million or $0.05 per diluted share Non-GAAP net income of $1.4 million or $0.07 per diluted share Adjusted EBITDA of $1.7 million, down from $2.6 million in the prior year period Announced new 4G LTE and 5G network monitoring capabilities for

PCTEL, Inc. (NASDAQ:PCTI), a leading global provider of wireless technology, announced today that it will release its second quarter 2023 financial results on Tuesday, August 8, 2023. An earnings conference call will follow the release at 4:30 p.m. Eastern Time. David Neumann, PCTEL's CEO, and Kevin McGowan, Vice President and CFO, will be on the call. The call can be accessed by dialing 1-877-704-4453 or 1-201-389-0920. The call will also be webcast at https://investor.pctel.com/news-events/webcasts-events. A replay will be available for two weeks after the call on the website listed above, or by calling 1-844-512-2921 or 1-412-317-6671, access ID: 13739477. About PCTEL PCTEL is a le

PCTEL, Inc. (NASDAQ:PCTI), a leading global provider of wireless technology solutions, announced today the declaration of its regular quarterly dividend of $0.055 per share on its common stock. This dividend will be payable on August 15, 2023 to shareholders of record at the close of business on August 8, 2023. About PCTEL PCTEL is a leading global provider of wireless connectivity solutions, including purpose-built Industrial IoT devices, antenna systems, and test and measurement products. Trusted by our customers for over 29 years, we solve complex wireless challenges to help organizations stay connected, transform, and grow. For more information, please visit our website at https:/

PCTEL achieved first quarter revenues of $23.0 million and gross profit margin of 50% Advancement on key growth strategies PCTEL, Inc. (NASDAQ:PCTI) ("PCTEL" or the "Company"), a leading global provider of wireless technology solutions, today reported results for the first quarter ended March 31, 2023. First Quarter 2023 Highlights Revenues of $23.0 million GAAP gross profit margin of 50.2% GAAP net income of $1.3 million or $0.07 per diluted share Non-GAAP net income of $2.1 million or $0.12 per diluted share Adjusted EBITDA increased 153% year-over-year to $2.8 million Announced new VerStack antenna platform for smarter rail communication and Industrial IoT applica

PCTEL, Inc. (NASDAQ:PCTI), a leading global provider of wireless technology solutions, announced today the declaration of its regular quarterly dividend of $0.055 per share on its common stock. This dividend will be payable on May 15, 2023 to shareholders of record at the close of business on May 8, 2023. About PCTEL PCTEL is a leading global provider of wireless connectivity solutions, including purpose-built Industrial IoT devices, antenna systems, and test and measurement products. Trusted by our customers for over 29 years, we solve complex wireless challenges to help organizations stay connected, transform, and grow. For more information, please visit our website at https://www.p

PCTEL, Inc. (NASDAQ:PCTI), a leading global provider of wireless technology, announced today that it will release its first quarter 2023 financial results on Thursday, May 4, 2023. An earnings conference call will follow the release at 4:30 p.m. Eastern Time. David Neumann, PCTEL's CEO, and Kevin McGowan, Vice President and CFO, will be on the call. The call can be accessed by dialing (888) 506-0062 (United States/Canada) or (973) 528-0011 (International), access code: 426385. The call will also be webcast at https://investor.pctel.com/news-events/webcasts-events. A replay will be available for two weeks after the call on the website listed above, or by calling (877) 481-4010 (United Stat

PCTEL achieved 2022 revenues of $99.4 million, up 13%, and gross profit margin of 46% Strong expansion in net income and Adjusted EBITDA in the fourth quarter and fiscal year 2022 PCTEL, Inc. (NASDAQ:PCTI) ("PCTEL" or the "Company"), a leading global provider of wireless technology solutions, today reported results for the fourth quarter and full year ended December 31, 2022. Fourth Quarter 2022 Highlights Revenues of $25.9 million, equivalent to the fourth quarter 2021 GAAP gross profit margin of 50.3% GAAP net income of $2.1 million or $0.11 per diluted share Non-GAAP net income of $3.0 million or $0.16 per diluted share Adjusted EBITDA increased 21.7% year-over-year to $3.7

PCTEL, Inc. (NASDAQ:PCTI), a leading global provider of wireless technology, announced today that it will release its fourth quarter 2022 financial results on Tuesday, March 7, 2023. An earnings conference call will follow the release at 4:30 p.m. Eastern Time. David Neumann, PCTEL's CEO, and Kevin McGowan, Vice President and CFO, will be on the call. The call can be accessed by dialing (888) 506-0062 (United States/Canada) or (973) 528-0011 (International), access code: 209567. The call will also be webcast at https://investor.pctel.com/news-events/webcasts-events. A replay will be available for two weeks after the call on the website listed above, or by calling (877) 481-4010 (United Sta