Tessco Technologies (NASDAQ:TESS) reported its Q4 earnings results on Friday, May 26, 2023 at 04:05 PM.
Here’s what investors need to know about the announcement.
Earnings
Tessco Technologies missed estimated earnings by 22.0%, reporting an EPS of $-0.61 versus an estimate of $-0.5.
Revenue was up $2.61 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.21 which was followed by a 1.85% increase in the share price the next day.
Here’s a look at Tessco Technologies’s past performance:
| Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.16 | -0.13 | -0.13 | -0.21 |
| EPS Actual | 0.05 | 0.13 | -0.06 | -0.12 |
| Revenue Estimate | 114.57M | 113.19M | 107.57M | 99.85M |
| Revenue Actual | 114.88M | 120.51M | 112.16M | 101.59M |
To track all earnings releases for Tessco Technologies visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
