Tessco Technologies (TESS) Reports Q2 EPS of $0.14, Revenues Beat

Tessco Technologies (NASDAQ: TESS) reported Q2 EPS of $0.14, versus $0.00 reported last year. Revenue for the quarter came in at $158.6 million versus the consensus estimate of $150.92 million.

• Revenue of $158.6 million, up 9% year over year
• Year-over-year revenue growth achieved for seventh time in past eight quarters
• Revenue growth of 45% in the public carrier market compared with prior-year second quarter
• Higher operational expenses resulted in diluted earnings per share of $0.14
• Declared quarterly dividend of $0.20 per share
• Revenue up 9% for the first six months of fiscal 2019 over the same period of fiscal 2018

For earnings history and earnings-related data on Tessco Technologies (TESS) click here.

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