Company Overview of TESSCO Technologies Inc.
TESSCO Technologies Incorporated architects and delivers products and value chain solutions to organizations for building, operating, and maintaining wireless broadband systems primarily in the United States. It offers 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, and mobile antennas build, repair, and upgrade wireless broadband systems; and connector installation, custom jumper assembly, site kitting, and logistics integration services. The company also provides network systems comprising fixed and mobile broadb...
11126 McCormick Road
Hunt Valley, MD 21031
Founded in 1982
Key Executives for TESSCO Technologies Inc.
Total Annual Compensation: $660.0K
Chief Financial Officer
Total Annual Compensation: $204.8K
Senior Vice President of Performance Systems & Operations
Total Annual Compensation: $302.5K
Senior Vice President of the Product Lines of Business
Total Annual Compensation: $330.0K
Senior Vice President of Global Manufacturer Supply Chain & Ventev Innovations
Total Annual Compensation: $302.5K
Compensation as of Fiscal Year 2014.
TESSCO Technologies Inc. Key Developments
TESSCO Technologies Inc.'s Ventev Wireless Infrastructure Introduces Universal Saddle Bracket
Aug 20 14
TESSCO Technologies Inc.'s division Ventev Wireless Infrastructure has announced its Wireless Solutions Saddle Bracket designed specifically for the radios used in smart meter upgrades. The new mount was engineered for, and field-tested by, major utilities for efficient, cost-saving and uniform deployments of radios used in Smart Meter upgrades across the country. The Saddle Bracket's unique, adjustable saddle design fits over existing poles with diameters up to 2¾ inches to colocate components such as a battery and antenna with the radio. The bracket is also available to purchase with the pole included. A slotted mounting plate enables precise equipment installation for optimum coverage. Constructed of durable, rust- and weather-resistant aluminum with Iridite coating, it is suitable for deployment in even the harshest environments. The bracket includes pre-drilled holes for grounding lugs to reduce installation time, and a carriage bolt for increased stability.
TESSCO Technologies Inc. Declares Quarterly Cash Dividend, Payable on August 20, 2014; Reports Unaudited Consolidated Earnings Results for the First Quarter Ended June 29, 2014; Maintains Earnings Guidance for the Fiscal Year 2015
Jul 23 14
The Board of Directors of TESSCO Technologies Inc. declared a quarterly cash dividend of $0.20 per common share, payable on August 20, 2014 to holders of record on August 6, 2014.
The company reported unaudited consolidated earnings results for the first quarter ended June 29, 2014. For the period, the company reported revenues of $152,946,300 against $144,108,800 a year ago. Income from operations was $6,072,400 against $6,963,800 a year ago. Income before provision for income taxes was $6,044,000 against $6,909,200 a year ago. Net income was $3,671,400 or $0.44 diluted earnings per share against $4,292,200 or $0.51 diluted earnings per share a year ago. EBITDA was $7,240,200 or $0.86 diluted per share against $8,176,700 or $0.98 diluted per share a year ago. Adjusted EBITDA was $7,689,800 or $0.91 diluted per share against $8,756,600 or $1.04 diluted per share a year ago. Cash outflow from operations was $2.8 million against $10.4 million a year ago.
The company is maintaining EPS guidance for fiscal year 2015 in the range of $2.05 to $2.15.
TESSCO Technologies Inc. to Report Q1, 2015 Results on Jul 23, 2014
Jul 15 14
TESSCO Technologies Inc. announced that they will report Q1, 2015 results at 5:00 PM, Eastern Standard Time on Jul 23, 2014
Similar Private Companies By Industry
Recent Private Companies Transactions
|No transactions available in the past 12 months.|