Tessco Technologies, Inc. (TESS) Misses Q2 EPS Views; Raises Low-End of FY12 EPS Outlook

October 18, 2011 6:25 AM EDT Send to a Friend
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Tessco Technologies, Inc. (NASDAQ: TESS) reported Q2 EPS of $0.44, $0.08 worse than the analyst estimate of $0.52. Revenue for the quarter came in at $148.8 million versus the consensus estimate of $178.13 million.

EBITDA totaled $7.0 million, or $0.87 per diluted share, in the second quarter of fiscal 2012 as compared to $6.7 million, or $0.85 per diluted share, in the prior-year quarter.

Tessco Technologies, Inc. sees Q3 2012 EPS of $1.80-$`2.10, versus prior guidance of $1.70-$2.10 and the consensus of $1.83.


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