Tessco Reports First-Quarter 2020 Financial Results

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Tessco Technologies (TESS) Tops Q1 EPS by 5c, Revenues Beat

July 27, 2020 5:01 PM EDT

Tessco Technologies (NASDAQ: TESS) reported Q1 EPS of ($0.54), $0.05 better than the analyst estimate of ($0.59). Revenue for the quarter came in at $119.8 million versus the consensus estimate of $110.81 million.

Our number-one priority continues to be the health and safety of our employees, customers and suppliers, said President and Chief Executive Officer Sandip Mukerjee. As an essential business, maintaining the integrity of our operationsspecifically the continued delivery of our products and services, the sustainability of our supply chain, our liquidity and financial flexibilityis how we can best serve our customers and provide critical... More