Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $23.83 USD
Change Today -0.95 / -3.83%
Volume 22.6K
TESS On Other Exchanges
Symbol
Exchange
NASDAQ GS
As of 5:20 PM 08/31/15 All times are local (Market data is delayed by at least 15 minutes).

tessco technologies inc (TESS) Snapshot

Open
$24.64
Previous Close
$24.78
Day High
$24.64
Day Low
$22.30
52 Week High
10/23/14 - $34.28
52 Week Low
05/26/15 - $17.94
Market Cap
197.0M
Average Volume 10 Days
26.7K
EPS TTM
$0.83
Shares Outstanding
8.3M
EX-Date
07/29/15
P/E TM
28.6x
Dividend
$0.80
Dividend Yield
3.36%
Current Stock Chart for TESSCO TECHNOLOGIES INC (TESS)

Related News

No related news articles were found.

tessco technologies inc (TESS) Related Businessweek News

No Related Businessweek News Found

tessco technologies inc (TESS) Details

TESSCO Technologies Incorporated architects and delivers products and value chain solutions to support wireless systems in the United States. It provides base station infrastructure products, including base station antennas, cable and transmission lines, small towers, lightning protection devices, connectors, power systems, enclosures, grounding, jumpers, miscellaneous hardware products, and mobile antennas to build, repair, and upgrade wireless broadband systems; and connector installation, custom jumper assembly, site kitting, and logistics integration services. The company also offers network systems, such as fixed and mobile broadband radio equipment, wireless networking filtering and distributed antenna systems, two-way radios, and security and surveillance products to build and upgrade public and private wireless broadband networks; and training classes, technical support, and engineering design services. In addition, it provides analysis equipment, tools, hardware, GPS, safety, replacement products, and component parts and supplies, as well as various frequency, voltage, and power-measuring devices to install, tune, and maintain wireless communications equipment. Further, the company offers mobile devices and accessory products, such as cellular and smart phone, and data device accessories consisting of replacement batteries, cases, screen protectors, speakers, mobile amplifiers, power supplies, bluetooth and corded headsets, mounts, car antennas, music accessories, and data and memory cards. It sells its products to carrier and public network operators, tower owners, program managers, contractors and integrators, wireless Internet service providers, industrial and enterprise self-maintained users, governments, manufacturers, value-added resellers, retail carrier stores, and local and national retailers under the Ventev, Wireless Solutions, and TerraWave brands. The company was founded in 1982 and is headquartered in Hunt Valley, Maryland.

786 Employees
Last Reported Date: 06/2/15
Founded in 1982

tessco technologies inc (TESS) Top Compensated Officers

Founder, Chairman, Chief Executive Officer, P...
Total Annual Compensation: $668.5K
Chief Financial Officer, Senior Vice Presiden...
Total Annual Compensation: $269.2K
Senior Vice President of Performance Systems ...
Total Annual Compensation: $340.1K
Compensation as of Fiscal Year 2015.

tessco technologies inc (TESS) Key Developments

TESSCO Technologies Inc Announces Management Changes

TESSCO Technologies Inc. announced the election of Mark Wymer and Craig Oldham to the position of Senior Vice President. Leading the Market Development & Sales Group, Wymer will be an executive officer of the company and a member of the senior leadership executive team reporting directly to Chairman and CEO Robert Barnhill. He will develop market strategy and lead the sales organization to meet corporate growth targets by maximizing existing and creating new business opportunities. Market Development & Sales will continue to aggressively focus on proactive and solutions-based selling and improving the customer experience. Wymer joined TESSCO in May 2014. He is the former Vice President - Channel Marketing & Online Services for Hughes Network Systems. He previously was Vice President - Business Development at AOL. Leading the Strategic Marketing Group, Oldham will be an executive officer of the company and a member of the senior leadership executive team reporting directly to Chairman and CEO Robert Barnhill. He will oversee and develop marketing strategies across TESSCO, including the expansion and enhancement of TESSCO's digital and Internet customer experience and marketing. Oldham joined TESSCO in March 2014. He is the former Vice President, Marketing - Digital Strategy & Engagement for the American Red Cross. Prior to that, he was Assistant Vice President, Marketing Strategy & Execution, for Zurich Financial Services. He has also held leadership positions at Allstate Insurance, Ameritech, SBC and Sprint.

TESSCO Declares Quarterly Cash Dividend, Payable on 14 August 2015

TESSCO announced that its board of directors declared a quarterly cash dividend of USD 0.20 per common share payable on 14 August 2015 to holders of record on 31 July 2015.

TESSCO Technologies Inc. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended June 28, 2015; Provides Earnings Guidance for the Second Quarter of Fiscal 2016; Revises Earnings Guidance for Fiscal 2016

TESSCO Technologies Inc. reported unaudited consolidated earnings results for the first quarter ended June 28, 2015. For the quarter, the company reported revenues of $134,664,000 against $152,946,300 a year ago. Income from operations was $2,859,500 against $6,072,400 a year ago. Income before provision for income taxes was $2,813,200 against $6,044,000 a year ago. Net income was $1,695,300 or $0.20 diluted earnings per share against $3,671,400 or $0.44 diluted earnings per share a year ago. Net income as adjusted was $1,695,300 or $0.20 diluted earnings per share against $3,671,400 or $0.44 diluted earnings per share a year ago. EBITDA was $3,990,800 or $0.48 diluted per share against $7,240,200 or $0.86 diluted per share a year ago. Adjusted EBITDA was $4,122,500 or $0.50 diluted per share against $7,689,800 or $0.91 diluted per share a year ago. Cash flow from operations was $1.8 million during the first quarter. The company expect the second quarter of fiscal 2016 to be lower than last year but to improve sequentially as the company make further progress on imperatives. As a result, the company is providing guidance for earnings per share of $0.26 to $0.32 for the second quarter of fiscal 2016. Also based on the stronger-than-expected first quarter, the company increased the lower end of its prior EPS guidance for full-year fiscal 2016 by $0.05. The new EPS guidance range for fiscal 2016 is now $1.05 to $1.25.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
TESS:US $23.83 USD -0.95

TESS Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Anixter International Inc $63.66 USD +1.55
Infosonics Corp $1.26 USD +0.02
ScanSource Inc $38.20 USD +0.75
Tech Data Corp $65.24 USD +0.84
WW Grainger Inc $223.44 USD +0.21
View Industry Companies
 

Industry Analysis

TESS

Industry Average

Valuation TESS Industry Range
Price/Earnings 30.8x
Price/Sales 0.4x
Price/Book 1.8x
Price/Cash Flow 30.8x
TEV/Sales 0.4x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact TESSCO TECHNOLOGIES INC, please visit www.tessco.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.