Tessco Technologies (TESS) Tops Q2 EPS by 7c; Reaffirms FY Guidance

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Go back to Tessco Technologies (TESS) Tops Q2 EPS by 7c; Reaffirms FY Guidance

TESSCO Reports $0.33 Earnings Per Share for Second Quarter Fiscal 2016

October 26, 2015 4:10 PM EDT

Revenues up 6% Sequentially with Growth in All Served Markets

Quarterly Dividend of $0.20 Per Share Declared

HUNT VALLEY, Md.--(BUSINESS WIRE)-- TESSCO (NASDAQ: TESS), a leading supplier for the product and supply chain solutions that enable organizations to build, use, maintain and resell wireless voice, data, video, connectivity and control systems, today reported financial results for its second quarter of fiscal 2016, ended September 27, 2015.

Highlights:

Achieved quarterly EPS of $0.33, exceeding the high end of the Q2 EPS guidance range of $0.26 to $0.32... More