TESSCO Reports First-Quarter Fiscal 2022 Financial Results
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Tessco Technologies (TESS) Misses Q1 EPS by 5c
July 27, 2021 4:36 PM EDTTessco Technologies (NASDAQ: TESS) reported Q1 EPS of ($0.25), $0.05 worse than the analyst estimate of ($0.20). Revenue for the quarter came in at $105 million versus the consensus estimate of $105.08 million.
We believe this quarters results are signs of the post-pandemic recovery and evidence that we are executing well on our turnaround plan, with a 9% year-over-year increase in revenues and a 37% increase in bookings, said Sandip Mukerjee, TESSCOs President and Chief Executive Officer. While industry-wide... More
