PCTEL (NASDAQ:PCTI) reported quarterly earnings of $0.02 per share which beat the analyst consensus estimate of $(0.01) by 300 percent. The company reported quarterly sales of $22.50 million which beat the analyst consensus estimate of $21.30 million by 5.63 percent. This is a 27.07 percent increase over sales of $17.71 million the same period last year.
Private-Equity Firm Thoma Bravo Reportedly Nearing Deal To Buy Coupa Software, Outbidding Vista
Coupa Software Inc. (NASDAQ: COUP) shares rallied sharply in after-hours trading on Friday amid rumors of a potential sell-out. Late Sunday, a report named private-equity firm Thoma Bravo as the frontrunner in the bidding race for the company.