Key Developments: PCTEL Inc (PCTI.W)
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26 Apr 2013
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Latest Key Developments (Source: Significant Developments)
PCTEL Inc Declares Regular Quarterly Dividend
PCTEL Inc announced the declaration of its regular quarterly dividend of $0.035 per share on its common stock. This dividend will be payable on May 15, 2013 to shareholders of record at the close of business on May 8, 2013. Full Article
PCTEL Inc Issues Q1 2013 Revenue Guidance Above Analysts' Estimates; Issues FY 2013 Revenue Guidance In Line With Analysts' Estimates
PCTEL Inc announced that for first quarter of 2013, it expects revenue between $24.5 and $25.0 million. For fiscal 2013, it expects revenue to be between $100 and $104 million. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $22.8 million for first quarter of 2013; revenue of $101 million for fiscal 2013. Full Article
PCTEL Inc Announces Stock Buyback
PCTEL Inc announced that its Board of Directors approved a $5 million stock buyback program at its recent, quarterly meeting. The program will stay in effect for one year. Full Article
PCTEL Inc Announces Quarterly Dividend
PCTEL Inc announced that the PCTEL Board of Directors had approved a 16.6% increase in the Company's regular quarterly dividend to $0.035 per share on common stock. The quarterly dividend had been $.03 per share. This dividend will be payable on February 15, 2013 to shareholders of record at the close of business on February 8, 2013. Full Article
PCTEL Inc Issues Q4 2012 Revenue Guidance Above Analysts' Estimates-Conference Call
PCTEL Inc announced that for the fourth quarter 2012, it expects revenue to be in a range of $26.5 million to $27.5 million. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of $25.5 million for the fourth quarter of 2012. Full Article
PCTEL Inc Declares Regular Quarterly Dividend
PCTEL Inc announced the declaration of its regular quarterly dividend of $0.03 per share on its common stock. This dividend will be payable on November 15, 2012 to shareholders of record at the close of business on November 8, 2012. Full Article
PCTEL Inc Issues Q3 2012 Revenue Guidance Above Analysts' Estimates-Conference Call
PCTEL Inc announced that it anticipate third quarter 2012 revenue from continuing operations to be in the range of about $23.5 million to $24.5 million, with TelWorx acquisition providing about $4.5 million of the total. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of $23.3 million for the third quarter of 2012. Full Article
PCTEL Inc Declares Regular Quarterly Dividend
PCTEL Inc announced that its regular quarterly dividend of $0.03 per share on the Company’s common stock, will be payable on August 15, 2012 to shareholders of record at the close of business on August 8, 2012. Full Article
PCTEL Inc Announces Acquisition Of TelWorx
PCTEL Inc announced that it had acquired the assets of TelWorx Communications, a North Carolina-based company with expertise in delivering wireless and fiber optic solutions into the enterprise, defense, transportation, and the carrier market. TelWorx, headed up by industry veteran Tim Scronce, excels at global procurement, custom engineering of RF solutions, rapid delivery and deployment of systems, and value-added reselling of antennas, related RF components, and other communication elements. The acquisition also includes TowerWorx, a provider of mobile towers for defense, industrial wireless, and other applications. PCTEL paid $16.5 million for TelWorx with a potential stock-based earn-out that would bring the total consideration to $18 million. While the specific terms of the earn-out were not disclosed, it is dependent upon the achievement of PCTEL revenue and earnings goals in 2013. PCTEL anticipates approximately $9 million in incremental 2012 revenue and $20 to $23 million in 2013 revenue as a result of this acquisition. Full Article
PCTEL Inc Issues Q2 2012 Revenue Guidance In Line With Analysts' Estimates-Conference Call
PCTEL Inc announced that for second quarter of 2012, it expects revenue to be in a range of $19.5 million to $21.5 million, about 7% higher than the second quarter 2011, at the midpoint of guidance. According to the I/B/E/S Estimates, analysts are expecting the Company to report revenue of $20.9 million for second quarter of 2012. Full Article
Earnings vs. 
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