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PCTEL Inc - PCTI STOCK NEWS

Welcome to our dedicated news page for PCTEL (Ticker: PCTI), a resource for investors and traders seeking the latest updates and insights on PCTEL.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect PCTEL's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of PCTEL's position in the market.

Rhea-AI Summary
PCTEL, Inc. (Nasdaq: PCTI) has been acquired by Amphenol Corporation (NYSE: APH) for $7.00 in cash for each share of common stock. PCTEL is now a wholly owned subsidiary of Amphenol, and its shares are no longer publicly traded.
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PCTEL, Inc. (Nasdaq: PCTI) has joined Cradlepoint’s Technology Alliance Partner Program to optimize wireless connectivity performance and coverage for customers. The collaboration aims to provide the right antenna with the right 4G/5G router, particularly in fleet, industrial, and enterprise applications. PCTEL’s high-performance antennas will be integrated into Cradlepoint solutions, offering simplified wireless solutions for markets like industrial IoT and mobility.
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Rhea-AI Summary
PCTEL, Inc. (Nasdaq: PCTI) has joined Cradlepoint’s Technology Alliance Partner Program to optimize wireless connectivity performance and coverage for customers. The collaboration aims to provide the right antenna with the right 4G/5G router, particularly in fleet, industrial, and enterprise applications. PCTEL’s high-performance antennas will be integrated into Cradlepoint solutions, offering simplified wireless solutions for markets like industrial IoT and mobility.
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0.29%
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PCTEL, Inc. (Nasdaq: PCTI) Announces New Embedded Antenna Platform for Integrated Radio Deployments. The company's compact low-profile design solutions offer wide coverage patterns in the 2.4 GHz, 5 GHz, and 6 GHz frequency bands, addressing space limitations and aesthetic requirements without sacrificing performance. PCTEL aims to expand its expertise to a broader set of customers with high-performance, 'off the shelf' Wi-Fi solutions.
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PCTEL (Nasdaq: PCTI) Reports Third Quarter 2023 Results and Plans for Acquisition by Amphenol Corporation, Highlighting $17.4M in Revenues, $7.00 per Share Cash Acquisition Offer, and Decrease in Year-Over-Year Revenue and Profit Margins
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Amphenol Corporation reports third quarter 2023 results with sales of $3.199 billion, down 3% in U.S. dollars and 5% organically compared to the third quarter of 2022. GAAP Diluted EPS is $0.83, up 4% compared to prior year. Adjusted Diluted EPS is $0.78, down 3% compared to prior year. Amphenol closed three acquisitions and signed an agreement to acquire PCTEL. Quarterly dividend increased by 5% to $0.22 per share.
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dividends earnings
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Amphenol Corporation reports third quarter 2023 results with sales of $3.199 billion, down 3% in U.S. dollars and 5% organically compared to the third quarter of 2022. GAAP Diluted EPS is $0.83, up 4% compared to prior year. Adjusted Diluted EPS is $0.78, down 3% compared to prior year. Amphenol closed three acquisitions and signed an agreement to acquire PCTEL. Quarterly dividend increased by 5% to $0.22 per share.
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PCTEL to be acquired by Amphenol in a cash transaction valued at $139.7 million
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PCTEL to participate in Lake Street Capital Markets' conference
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David Adams named President of Safer Buildings Coalition's Board of Directors
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PCTEL Inc

Nasdaq:PCTI

PCTI Rankings

PCTI Stock Data

135.28M
12.64M
25.19%
49.95%
0.2%
Radio and Television Broadcasting and Wireless Communications Equipment Manufacturing
Manufacturing
Link
United States
Bloomingdale

About PCTI

pctel, inc. (nasdaq: pcti), a global provider of rf expertise, delivers performance critical telecom solutions to the wireless industry. pctel benchmarks and optimizes wireless networks with its data tools, engineering services, and rf products. pctel's antennas and site solutions are vital elements for networks serving scada, fleet management, health care, public safety, and education. pctel's rf solutions products and services improve the performance of wireless networks globally. pctel's performance critical products include its mxflex®, ibflex®, and exflex® scanning receivers and related seehawk® touch, seehawk® collect, and seewave™ tools. pctel's sophisticated engineering services utilize these products as well as the seehawk™ analytics portfolio (network analytics, subscriber analytics, map analytics, and business intelligence). pctel connected solutions™ designs and delivers performance critical antennas and site solutions for public and private wireless networks globally.