Tessco Reports Fourth-Quarter 2020 Financial Results
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Tessco Technologies (TESS) Reports Q4 EPS Loss of $1.65; Suspends Dividend
May 12, 2020 5:02 PM EDTTessco Technologies (NASDAQ: TESS) reported Q4 EPS of ($1.65), $1.60 worse than the analyst estimate of ($0.05). Revenue for the quarter came in at $128.2 million versus the consensus estimate of $128.86 million.
The health and safety of our employees, their families, our customers and suppliers are our primary focus during this unprecedented time, said President and Chief Executive Officer Sandip Mukerjee. While the majority of our workforce is able to work remotely, we are taking every possible action to maintain safe working conditions for our employees in our distribution centers, as we continue to operate as an essential... More
