August 21, 2014 12:44 PM ET

Electronic Equipment, Instruments and Components

Company Overview of TESSCO Incorporated

Company Overview

TESSCO Incorporated engages in the distribution of wireless communication systems. The company is based in Hunt Valley, Maryland. TESSCO Incorporated operates as a subsidiary of TESSCO Technologies Inc.

11126 McCormick Road

Hunt Valley, MD 21031-1494

United States

Phone:

410-229-1000

Fax:

410-527-0005

Key Executives for TESSCO Incorporated

President and Chief Executive Officer
Age: 70
Compensation as of Fiscal Year 2014.

TESSCO Incorporated Key Developments

TESSCO Announces Earnings Results for the Fourth Quarter Ended March 31, 2013, Provides Guidance for Fiscal 2015

TESSCO announced earnings results for the fourth quarter ended March 31, 2014. For the quarter the company reported net income of $2.95 million, or $0.35 per diluted share, compared to $2.92 million, or $0.35 per diluted share. Revenues for the fourth quarter ended March 30, 2014 were $124.54 million, compared to $158.45 million for the same quarter ended March 31, 2013. Net income for the year ended March 30, 2014 was $16.25 million, or $1.94 per diluted share, compared to $17.79 million, or $2.15 per diluted share, for the year ended March 31, 2013. Revenues for the year ended March 30, 2014 were $560.09 million, compared to $752.56 million for the year ended March 31, 2013. For fiscal year 2015, the company expects earnings per share to be in the range of $2.05 to $2.15.

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Recent Private Companies Transactions

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