TESSCO Technologies Incorporated (TESS)

NASDAQ: TESS · IEX Real-Time Price · USD
4.75
+0.21 (4.63%)
Mar 30, 2023, 1:50 PM EDT - Market open
4.63%
Market Cap 43.84M
Revenue (ttm) 449.14M
Net Income (ttm) -325,100
Shares Out 9.23M
EPS (ttm) -0.04
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 16,272
Open 4.65
Previous Close 4.54
Day's Range 4.64 - 4.77
52-Week Range 4.03 - 6.50
Beta 0.90
Analysts Buy
Price Target n/a
Earnings Date May 8, 2023

About TESS

TESSCO Technologies Incorporated manufactures and distributes technology products and solutions for wireless infrastructure market in the United States and internationally. It operates through two segments, Carrier and Commercial. The company offers base station infrastructure products, including base station antennas, cable and transmission lines, small towers, lightning protection devices, connectors, power systems, enclosures, grounding products, jumpers, miscellaneous hardware products, and mobile antennas to build, repair, and upgrade wire... [Read more]

Sector Technology
IPO Date Sep 28, 1994
Employees 530
Stock Exchange NASDAQ
Ticker Symbol TESS
Full Company Profile

Financial Performance

In 2022, TESS's revenue was $417.54 million, an increase of 11.84% compared to the previous year's $373.34 million. Losses were -$2.70 million, -69.11% less than in 2021.

Financial Statements

News

Tessco Technologies (TESS) Q3 Earnings and Revenues Beat Estimates

Tessco (TESS) delivered earnings and revenue surprises of 131.25% and 0.27%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

TESSCO Reports Third-Quarter Fiscal 2023 Financial Results

HUNT VALLEY, Md.--(BUSINESS WIRE)--TESSCO TECHNOLOGIES INCORPORATED (NASDAQ: TESS) today reported final financial results for its fiscal year 2023 third quarter, ended December 25, 2022. Third-Quarter...

1 month ago - Business Wire

3 Communication Stocks Likely to Ride on Fiber Densification

The accelerated pace of 5G deployment should help the Zacks Communication - Components industry thrive despite short-term headwinds. ANET, HLIT and TESS are well-positioned to make the most of the dem...

Other symbols: ANETHLIT
1 month ago - Zacks Investment Research

TESSCO Technologies Announces Successful Launch of Enterprise Resource Planning (ERP) System; Reports Preliminary Third-Quarter Fiscal 2023 Financial Results

HUNT VALLEY, Md.--(BUSINESS WIRE)-- TESSCO Technologies Incorporated (NASDAQ: TESS), a leading value-added distributor and solutions provider for the wireless industry, today announced the successfu...

2 months ago - Business Wire

3 Under-$10 Telecom Stocks Wall Street Analysts Recommend Buying

Riding on various growth drivers, Airgain (AIRG), Kaleyra (KLR) and TESSCO Technologies (TESS) are poised to benefit in 2023 and beyond.

Other symbols: AIRGKLR
3 months ago - Zacks Investment Research

3 Communication Stocks Likely to Ride on Solid Demand Trends

The accelerated pace of 5G deployment should help the Zacks Communication - Components industry thrive despite short-term headwinds. ANET, AUDC and TESS are well-positioned to make the most of the dem...

Other symbols: ANETAUDC
4 months ago - Zacks Investment Research

Tessco Technologies (TESS) Q2 Earnings and Revenues Beat Estimates

Tessco (TESS) delivered earnings and revenue surprises of 200% and 6.47%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

5 months ago - Zacks Investment Research

3 Communication Stocks Likely to Beat the Inflation Woes

The accelerated pace of 5G deployment should help the Zacks Communication - Components industry thrive despite short-term headwinds. ANET, SPMYY and TESS are well-positioned to make the most of the de...

Other symbols: ANET
8 months ago - Zacks Investment Research

Ventev Launches a New Universal Broadband Enclosure for Harsh Environments

HUNT VALLEY, Md.--(BUSINESS WIRE)--Ventev, a division of TESSCO Technologies, Inc. (Nasdaq: TESS), announced the launch of its new Universal Broadband Enclosure.

8 months ago - Business Wire

Tessco Technologies (TESS) Reports Q1 Loss, Tops Revenue Estimates

Tessco (TESS) delivered earnings and revenue surprises of 53.85% and 4.24%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

8 months ago - Zacks Investment Research

TESSCO Reports First-Quarter Fiscal 2023 Financial Results

HUNT VALLEY, Md.--(BUSINESS WIRE)--TESSCO Reports First-Quarter Fiscal 2023 Financial Results

8 months ago - Business Wire

TESSCO Technologies Schedules First-Quarter Fiscal 2023 Earnings Release and Conference Call

HUNT VALLEY, Md.--(BUSINESS WIRE)--TESS Q1 2023 Webcast Advisory

9 months ago - Business Wire

POLY Secures Requisite Shareholder Approval for HP Merger

With the successful completion of the transaction, POLY will help drive the growth of HP's peripherals and workforce solutions businesses.

Other symbols: HPQKVHI
9 months ago - Zacks Investment Research

Tessco Technologies (TESS) Reports Q4 Loss, Tops Revenue Estimates

Tessco (TESS) delivered earnings and revenue surprises of 42.86% and 1.75%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

11 months ago - Zacks Investment Research

TESSCO Reports Fourth-Quarter Fiscal Year 2022 Financial Results

HUNT VALLEY, Md.--(BUSINESS WIRE)--TESSCO TECHNOLOGIES INCORPORATED (NASDAQ: TESS) today reported financial results for its fiscal year 2022 fourth quarter and year ended March 27, 2022. Fourth-Quarte...

11 months ago - Business Wire

TESSCO Technologies Schedules Fourth-Quarter Fiscal 2022 Earnings Release and Conference Call

HUNT VALLEY, Md.--(BUSINESS WIRE)--TESSCO Technologies Incorporated (NASDAQ: TESS), a leading value-added distributor and solutions provider for the wireless industry, will report financial results fo...

1 year ago - Business Wire

Tessco Technologies (TESS) Beats Q3 Earnings Estimates

Tessco (TESS) delivered earnings and revenue surprises of 207.69% and 2.53%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

1 year ago - Zacks Investment Research

TESSCO Reports Third-Quarter Fiscal 2022 Financial Results

HUNT VALLEY, Md.--(BUSINESS WIRE)--TESSCO TECHNOLOGIES INCORPORATED (NASDAQ: TESS) today reported financial results for its fiscal year 2022 third quarter, ended December 26, 2021. Third-Quarter Finan...

1 year ago - Business Wire

Tessco Technologies (TESS) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release

Tessco (TESS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 year ago - Zacks Investment Research

TESSCO Technologies Schedules Third-Quarter Fiscal 2022 Earnings Release and Conference Call

HUNT VALLEY, Md.--(BUSINESS WIRE)--TESSCO Technologies Incorporated (NASDAQ: TESS), a leading value-added distributor and solutions provider for the wireless industry, will report financial results fo...

1 year ago - Business Wire

Tessco Provides Update to SaaS Platform that Supports Device Monitoring and Management

HUNT VALLEY, Md.--(BUSINESS WIRE)--TESSCO Technologies Incorporated (NASDAQ: TESS), a leading value-added distributor to the wireless infrastructure construction industry, provided an update to its re...

1 year ago - Business Wire

Lakeview Investment Group Proposes to Acquire TESSCO Technologies for $7.50 per Share in Cash

Proposal Represents a 45% Cash Premium to Tessco's Most Recent Closing Price

1 year ago - GlobeNewsWire