MARKET COMPOSITE
TESS - Tessco Technologies, Inc.
Price
$0.00
+ 0.00 (0.00%)
TESSCO Technologies Incorporated architects and delivers product and value chain solutions to support wireless systems in the United States. The company offers base station infrastructure products, including base station antennas, cable and transmission lines, small towers, lightning protection devices, connectors, power systems, enclosures, grounding products, jumpers, miscellaneous hardware products, and mobile antennas to build, repair, and upgrade wireless broadband systems, as well as connector installation, custom jumper assembly, site kitting, and logistics integration services. It also provides network systems products, such as fixed and mobile broadband radio equipment, wireless networking filtering and distributed antenna systems, two-way radios, and security and surveillance products, as well as training classes, technical support, and engineering design services. In addition, the company offers installation, test, and maintenance products comprising analysis equipment; and various frequency, voltage, and power-measuring devices, as well as tools, hardware, GPS and safety products, and replacement and component parts and supplies to install, tune, and maintain wireless communications equipment. Further, it provides mobile devices, such as cellular and smart phones; and data device accessories, including power supplies, cases, screen protectors, speakers, mobile amplifiers, bluetooth and corded headsets, mounts, car antennas, music accessories, and data and memory cards. The company sells its products to carrier and public network operators, tower owners, program managers, contractors and integrators, private system operators, federal governments, state and local governments, manufacturers, value-added resellers, retail carrier stores and their independent agents, and other retailers under the Ventev brand. TESSCO Technologies Incorporated was founded in 1982 and is headquartered in Hunt Valley, Maryland.
Financials
Quarterly financials
(USD)Mar 2023Q/Q
Revenue104.5MM-9%
Gross Profit20.8MM-12%
Cost Of Revenue83.7MM-8%
Operating Income-4.3MM-544%
Operating Expenses25.2MM-
Net Income-5.6MM-1427%
G&A25.2MM+11%
Stock Chart
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Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from 

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Stock news

    HUNT VALLEY, Md., July 17, 2023--TESSCO TECHNOLOGIES INCORPORATED ("Tessco" or the "Company") today announced the closing of its previously announced merger with entities affiliated with Lee Equity Partners and Twin Point Capital, which also own Alliance Corporation ("Alliance"), a value-added distributor of equipment for the wireless industry, and GetWireless, LLC ("GetWireless"), a value-added distributor of cellular solutions that connect the Internet of Things (IoT). Tessco shareholders appr

    HUNT VALLEY, Md., July 13, 2023--(NASDAQ: TESS), TESSCO TECHNOLOGIES INCORPORATED ("Tessco" or the "Company") announced today that, at a Special Meeting of Stockholders held on July 13, 2023, Tessco stockholders approved the proposal to approve the merger transaction between Tessco and entities affiliated with Lee Equity Partners LLC and Twin Point Capital LLC, which also own Alliance Corporation ("Alliance"), a value-added distributor of equipment for the wireless industry, and GetWireless, LLC

    HUNT VALLEY, Md., May 26, 2023--TESSCO TECHNOLOGIES INCORPORATED (NASDAQ: TESS) today reported financial results for its fiscal year 2023 fourth quarter, ended March 26, 2023.

    Arista Networks, Corning and TESSCO have been highlighted in this Industry Outlook article.

    Increased fiber densification and accelerated pace of 5G deployment should help the Zacks Communication - Components industry thrive despite short-term headwinds. ANET, GLW and TESS are well-positioned to make the most of the demand for seamless connectivity solutions.

    HUNT VALLEY, Md., April 12, 2023--TESSCO TECHNOLOGIES INCORPORATED (NASDAQ: TESS), ("Tessco" or the "Company"), today announced that the Company has entered into a definitive merger agreement with entities affiliated with Lee Equity Partners and Twin Point Capital, which also own Alliance Corporation ("Alliance"), a value-added distributor of equipment for the wireless industry, and GetWireless, LLC ("GetWireless"), a value-added distributor of cellular solutions that connect the Internet of Thi

    Tessco (TESS) delivered earnings and revenue surprises of 131.25% and 0.27%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

    HUNT VALLEY, Md., February 07, 2023--TESSCO TECHNOLOGIES INCORPORATED (NASDAQ: TESS) today reported final financial results for its fiscal year 2023 third quarter, ended December 25, 2022.

    Arista Networks, Harmonic and TESSCO Technologies have been highlighted in this Industry Outlook article.

    The accelerated pace of 5G deployment should help the Zacks Communication - Components industry thrive despite short-term headwinds. ANET, HLIT and TESS are well-positioned to make the most of the demand for seamless connectivity solutions.