Tessco Technologies (TESS) Tops Q2 EPS by 1c
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October 27, 2016 4:06 PM EDT
Achieves Sequential Improvement in Revenue and Earnings
Continues Quarterly Dividend of $0.20 Per Share
HUNT VALLEY, Md.--(BUSINESS WIRE)--
TESSCO TECHNOLOGIES INCORPORATED (NASDAQ: TESS), a consultative
provider of the end-to-end wireless solutions to deploy network and
connectivity systems, today reported financial results for its second
quarter of fiscal 2017, ended September 25, 2016.
Second-Quarter Highlights:
Murray Wright appointed President, Chief Executive Officer and Board
member.
Robert Barnhill assumes role of Executive Chairman of the Board.
Sequential growth in revenue and earnings; achieving $0.12 EPS and
$0.38 EBITDA per share*.
Strong balance sheet maintained.
Quarterly dividend of $0.20 per share declared....
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