Trade PC-Tel - PCTI CFD

About PC Tel Inc

PCTEL, Inc. is a global commerce services company. The Company manages the customer shopping experience for branded manufacturers and retailers. It operates through two segments: LiveArea Professional Services (LiveArea) and PFS Operations. Its LiveArea segment provides client services in relation to the digital shopping experience of shopping online, such as strategic commerce consulting, strategy, design and digital marketing services and technology services. The PFS Operations segment provides client services in relation to the customer physical experience, such as order management (OMS), order fulfillment, customer care and financial services. Its LiveArea services include NXT Intelligence, Service Design, Product Innovation, Connected Commerce, Performance Marketing, and Orchestrated Services.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, PC Tel Inc revenues increased 13% to $87.8M. Net income decreased 96% to $153K. Revenues reflect Antenna Products segment increase of 25% to $63M, Europe/Middle East/Africa segment increase of 53% to $20.2M, United States segment increase of 2% to $57.1M. Net income was offset by Other Sales and marketing increase of 20% to $12.7M (expense), General and administrative - Other increase of 13% to $11M (expense).

Equity composition

Common Stock $.001 Par, 03/11, 100M auth., 18,533,760 issd. Insiders control 4.80%. IPO:10/19/99, 4,600,000 shares @ $17 by Banc of America Securities LLC. PO: 4/00, 2,750,000 shares (650,000 by the Co.) @ $45.50 by Banc of America Securities.