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TESSCO Technologies Inc (TESS.OQ)

TESS.OQ on NASDAQ Stock Exchange Global Select Market

20.30USD
19 Jan 2018
Change (% chg)

$-0.10 (-0.49%)
Prev Close
$20.40
Open
$20.45
Day's High
$20.60
Day's Low
$20.20
Volume
7,750
Avg. Vol
5,996
52-wk High
$23.58
52-wk Low
$12.15

Latest Key Developments (Source: Significant Developments)

Tessco Technologies enters credit agreement to increase borrowing limit to up to $75 mln​
Monday, 23 Oct 2017 

Oct 23 (Reuters) - Tessco Technologies Inc :Tessco Technologies - on Oct 19, co entered amended and restated credit agreement to increase co's borrowing limit from up to $35 million to up to $75 million​.  Full Article

Tessco Technologies Q2 earnings per share $0.21
Monday, 23 Oct 2017 

Oct 23 (Reuters) - Tessco Technologies Inc :Tessco reports second-quarter 2018 financial results.Q2 earnings per share $0.21.Q2 revenue $145.1 million versus $134.6 million.Tessco Technologies Inc says ‍is not providing earnings guidance at this time for fiscal 2018​.  Full Article

Tessco board names Murray Wright as CEO
Thursday, 1 Sep 2016 

Tessco Technologies Inc : Tessco board names Murray Wright as new ceo; Robert Barnhill becomes executive chairman . Robert b. Barnhill, JR. will continue to serve as chairman of Tessco's board .Appointed Murray Wright as president and chief executive officer; Wright was also elected to Tessco's board of directors.  Full Article

TESSCO Technologies Q1 revenue $128.9 million
Thursday, 21 Jul 2016 

TESSCO Technologies Inc : TESSCO Technologies reports first quarter 2017 financial results . Says expects both revenue and earnings to increase sequentially for Q2 of fiscal 2017 compared with q1 of fiscal 2017 . Says not providing earnings guidance at this time for fiscal 2017 due to uncertainty that persists, primarily in carrier market . Q2 earnings per share view $0.18, revenue view $114.2 million -- Thomson Reuters I/B/E/S . Q1 earnings per share $0.01 . Q1 revenue $128.9 million versus $134.7 million .Reaffirms quarterly dividend of $0.20 per share.  Full Article

Tessco Technologies enters into a credit pact
Wednesday, 29 Jun 2016 

Tessco Technologies Inc : On June 24, 2016, Tessco Technologies Incorporated entered into a credit agreement . Credit agreement provides for senior asset based revolving credit facility of upto $35 million which matures in 5 yrs, on June 24, 2021 .Credit facility includes $5.0 million sublimit for issuance of standby letters of credit, $10.0 million sublimit for swingline loans.  Full Article

Tessco Q4 loss per share $0.24
Monday, 9 May 2016 

Tessco Reports Fiscal Year And Fourth : Tessco Technologies inc says expects both revenue and earnings to increase sequentially for q1 of fiscal 2017 as compared to q4 of fiscal 2016 . Not providing earnings guidance at this time for fiscal 2017 due to uncertainty that persists primarily in carrier market . Quarter 2016 financial results . Q4 loss per share $0.24 .Q4 revenue $114.2 million versus $113 million.  Full Article

BRIEF-Tessco Technologies enters credit agreement to increase borrowing limit to up to $75 mln​

* Tessco Technologies - on Oct 19, co entered amended and restated credit agreement to increase co's borrowing limit from up to $35 million to up to $75 million​ Source text: (http://bit.ly/2yI9jvq) Further company coverage: