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The non-GAAP financial analysis reflects the company's core results and facilitates comparisons across reporting periods. Our investors will note that the company presents non-GAAP financial information in its earnings releases, but the company believes that presentation of operating profit, and net income excluding restructuring charges, non-cash based expense including stock and stock option based compensation, amortization and impairment of intangible assets and goodwill related to the company's acquisitions, gains or losses on the sale of product lines and non-cash based income tax expense provide meaningful supplemental information to both management and investors. Thank you, Marty, and good afternoon or good evening to everyone. Later, I will comment on our progress over the past quarter and what we see in the future. Now I'd like to turn the call over to John Schoen, our CFO, who will discuss our financial performance in some detail. We're well aware that we already discussed that with you in our last call. We acquired Wi-Sys Communications, a Canadian-based company specializing in GPS antenna and receiver technology. I'd also like to add that in January, PCTEL made another strategic acquisition.
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We achieved revenue of $14.1 million, our non-GAAP gross profit margin was 48%, our non-GAAP operating margin was 3%, non-GAAP net income was $451,000, or $0.03 per diluted share, and our cash and investments were $77 million. For those of you who have not had a chance to read our press release, I'd like to recap some of the non-GAAP highlights from the quarter on a continuing operations basis. I would now like to turn the conference call over to Marty Singer.
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These statements are made only as of today and we disclaim any obligation to update information to reflect subsequent events. Additional discussion of these and other factors affecting the company's business and prospects is contained in our periodic SEC filings. Comments concerning our future financial performance, new products and product development, and expectations regarding the future growth of our wireless RF business, are forward-looking statements within the meaning of the safe harbor.Īctual results may differ materially from those projected as a result of risks and uncertainties, including the ability to successfully grow our wireless products businesses, implement new technologies and obtain protection for the related IP. Today's call will contain forward-looking statements within the meaning of the federal securities laws. On today's call will be Marty Singer, Chairman and CEO and John Schoen, Chief Financial Officer. Thank you for joining us today, April 30th, 2009, for the PCTEL financial results conference call for the first quarter of 2009. I will now turn the call over to Jack Seller, Director of Marketing.
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As a reminder, the conference call is being recorded for replay purposes. Instructions for queuing up will be provided at that time. Later, we will open up the call for your questions. At this time, all participants are in a listen-only mode. Ladies and Gentlemen, thank you for standing by, and welcome to the PCTEL First Quarter 2009 Conference Call. (NASDAQ: PCTI) Q1 2009 Earnings Call Ap5:30 PM ET