PCTI .. qtr was solid, outlook underwhelming ... but did you notice this...looks like they spent just under $600,000 in the March quarter towards strategic alternatives.. I don't recall them mentioning anything about that before. Maybe they are getting a valuation, and looking at the possibly selling themselves. Obviously a big 'maybe'.... or looking at a prospective acquisition, but seems like a lot for that in one quarter.
From the pr, in the "Reconcilliation of gaap to non-gaap":
'Transaction expenses related to strategic alternatives $563,000'
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