View Future GrowthThis company has been acquiredThe company may no longer be operating, as it has been acquired. Find out why through their latest events.See Latest EventsTESSCO Technologies 과거 순이익 실적과거 기준 점검 0/6TESSCO Technologies 의 수입은 연평균 -17.9%의 비율로 감소해 온 반면, Communications 산업은 연평균 0.9%의 비율로 감소했습니다. 매출은 연평균 7.7%의 비율로 감소해 왔습니다.핵심 정보-17.94%순이익 성장률-17.76%주당순이익(EPS) 성장률Communications 산업 성장률31.77%매출 성장률-7.68%자기자본이익률-5.95%순이익률-0.96%최근 순이익 업데이트26 Mar 2023최근 과거 실적 업데이트Reported Earnings • May 28Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: US$0.47 loss per share (further deteriorated from US$0.37 loss in FY 2022). Revenue: US$452.1m (up 8.3% from FY 2022). Net loss: US$4.35m (loss widened 31% from FY 2022). Revenue missed analyst estimates by 2.6%. Earnings per share (EPS) also missed analyst estimates by 21%. Revenue is forecast to grow 8.0% p.a. on average during the next 2 years, compared to a 4.6% growth forecast for the Communications industry in the US. Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.Reported Earnings • Feb 08Third quarter 2023 earnings: EPS exceeds analyst expectationsThird quarter 2023 results: EPS: US$0.046 (down from US$0.14 in 3Q 2022). Revenue: US$114.9m (up 12% from 3Q 2022). Net income: US$424.7k (down 65% from 3Q 2022). Profit margin: 0.4% (down from 1.2% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) exceeded analyst estimates. Revenue is forecast to grow 7.2% p.a. on average during the next 2 years, compared to a 6.2% growth forecast for the Communications industry in the US. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.Reported Earnings • Oct 28Second quarter 2023 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2023 results: EPS: US$0.13 (up from US$0.14 loss in 2Q 2022). Revenue: US$120.5m (up 11% from 2Q 2022). Net income: US$1.17m (up US$2.45m from 2Q 2022). Profit margin: 1.0% (up from net loss in 2Q 2022). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 6.5%. Earnings per share (EPS) also surpassed analyst estimates. Revenue is forecast to grow 7.0% p.a. on average during the next 2 years, compared to a 6.3% growth forecast for the Communications industry in the US. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings.Reported Earnings • Jul 27First quarter 2023 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2023 results: US$0.057 loss per share (up from US$0.25 loss in 1Q 2022). Revenue: US$112.2m (up 6.9% from 1Q 2022). Net loss: US$517.4k (loss narrowed 77% from 1Q 2022). Revenue exceeded analyst estimates by 4.3%. Earnings per share (EPS) also surpassed analyst estimates by 77%. Over the next year, revenue is forecast to grow 7.7%, compared to a 6.9% growth forecast for the industry in the US. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings.Reported Earnings • May 12Full year 2022 earnings: EPS exceeds analyst expectationsFull year 2022 results: US$0.37 loss per share (up from US$1.65 loss in FY 2021). Revenue: US$417.5m (up 12% from FY 2021). Net loss: US$3.31m (loss narrowed 77% from FY 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 14%. Over the next year, revenue is forecast to grow 7.8%, compared to a 8.9% growth forecast for the industry in the US. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 33% per year, which means it is performing significantly worse than earnings.Reported Earnings • Feb 05Third quarter 2022 earnings: EPS and revenues miss analyst expectationsThird quarter 2022 results: EPS: US$0.14 (up from US$0.66 loss in 3Q 2021). Revenue: US$102.5m (up 3.2% from 3Q 2021). Net income: US$1.22m (up US$6.92m from 3Q 2021). Profit margin: 1.2% (up from net loss in 3Q 2021). The move to profitability was primarily driven by lower expenses. Revenue missed analyst estimates by 2.5%. Earnings per share (EPS) exceeded analyst estimates. Over the next year, revenue is forecast to grow 10%, compared to a 8.9% growth forecast for the industry in the US. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 28% per year, which means it has not declined as severely as earnings.모든 업데이트 보기Recent updates공시 • Jul 18TESSCO Technologies Incorporated to Delist from Nasdaq Stock ExchangeTESSCO Technologies Incorporated announced the closing of its previously announced merger with entities affiliated with Lee Equity Partners and Twin Point Capital, which also own Alliance Corporation (“Alliance”), a value-added distributor of equipment for the wireless industry, and GetWireless, LLC (“GetWireless”), a value-added distributor of cellular solutions that connect the Internet of Things (IoT). Tessco shareholders approved the transaction at a special meeting of shareholders held on July 13, 2023. Under the terms of the merger, each share of Company common stock outstanding prior to merger has been converted into the right to receive $9.00 in cash, reflecting a Company enterprise value of approximately $160 million. As a result of the merger, Tessco common stock will cease trading on, and will be delisted from, the Nasdaq stock exchange.Reported Earnings • May 28Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: US$0.47 loss per share (further deteriorated from US$0.37 loss in FY 2022). Revenue: US$452.1m (up 8.3% from FY 2022). Net loss: US$4.35m (loss widened 31% from FY 2022). Revenue missed analyst estimates by 2.6%. Earnings per share (EPS) also missed analyst estimates by 21%. Revenue is forecast to grow 8.0% p.a. on average during the next 2 years, compared to a 4.6% growth forecast for the Communications industry in the US. Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.Recent Insider Transactions • Apr 28Insider recently sold US$526k worth of stockOn the 25th of April, Robert Barnhill sold around 60k shares on-market at roughly US$8.77 per share. This transaction amounted to 3.8% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$847k more than they bought in the last 12 months.Recent Insider Transactions • Apr 17Insider recently sold US$321k worth of stockOn the 12th of April, Robert Barnhill sold around 40k shares on-market at roughly US$8.02 per share. This transaction amounted to 2.5% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.Reported Earnings • Feb 08Third quarter 2023 earnings: EPS exceeds analyst expectationsThird quarter 2023 results: EPS: US$0.046 (down from US$0.14 in 3Q 2022). Revenue: US$114.9m (up 12% from 3Q 2022). Net income: US$424.7k (down 65% from 3Q 2022). Profit margin: 0.4% (down from 1.2% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) exceeded analyst estimates. Revenue is forecast to grow 7.2% p.a. on average during the next 2 years, compared to a 6.2% growth forecast for the Communications industry in the US. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.공시 • Feb 08TESSCO Technologies Incorporated Reaffirms Earnings Guidance for the Full Year Fiscal 2023TESSCO Technologies Incorporated reaffirmed earnings guidance for the full year fiscal 2023. For the period, the company expects revenue to be in the range of $450.0 million to $475.0 million and net loss to be in the range of $5.0 million to $2.1 million.공시 • Jan 25+ 1 more updateTESSCO Technologies Incorporated Provides Preliminary Earnings Guidance for the Third Quarter and Year to Date Ended December 25, 2022; Reaffirms Earnings Guidance for the Fiscal Year 2023TESSCO Technologies Incorporated provided preliminary earnings guidance for the third quarter and year to date ended December 25, 2022. In the third quarter, the company continued its strong track record of performance and expect to report revenues in the range of $113 to $115 million, with net income in the range of $0.3 million to $0.4 million.For the year to date, the company expects revenue to be in the range of $346 million to $348 million and net income to be in the range of $1.2 million to $1.3 million.The company reaffirmed earnings guidance for the fiscal year 2023. For the year, the company expects revenue to be in the range of $450.0 million to $475.0 million and net loss to be in the range of $5.0 million to $2.1 million.Board Change • Nov 17High number of new and inexperienced directorsThere are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 1 experienced director. No highly experienced directors. President, CEO & Director Sandip Mukerjee is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Reported Earnings • Oct 28Second quarter 2023 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2023 results: EPS: US$0.13 (up from US$0.14 loss in 2Q 2022). Revenue: US$120.5m (up 11% from 2Q 2022). Net income: US$1.17m (up US$2.45m from 2Q 2022). Profit margin: 1.0% (up from net loss in 2Q 2022). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 6.5%. Earnings per share (EPS) also surpassed analyst estimates. Revenue is forecast to grow 7.0% p.a. on average during the next 2 years, compared to a 6.3% growth forecast for the Communications industry in the US. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings.Reported Earnings • Jul 27First quarter 2023 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2023 results: US$0.057 loss per share (up from US$0.25 loss in 1Q 2022). Revenue: US$112.2m (up 6.9% from 1Q 2022). Net loss: US$517.4k (loss narrowed 77% from 1Q 2022). Revenue exceeded analyst estimates by 4.3%. Earnings per share (EPS) also surpassed analyst estimates by 77%. Over the next year, revenue is forecast to grow 7.7%, compared to a 6.9% growth forecast for the industry in the US. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings.Reported Earnings • May 12Full year 2022 earnings: EPS exceeds analyst expectationsFull year 2022 results: US$0.37 loss per share (up from US$1.65 loss in FY 2021). Revenue: US$417.5m (up 12% from FY 2021). Net loss: US$3.31m (loss narrowed 77% from FY 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 14%. Over the next year, revenue is forecast to grow 7.8%, compared to a 8.9% growth forecast for the industry in the US. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 33% per year, which means it is performing significantly worse than earnings.Board Change • Apr 27High number of new and inexperienced directorsThere are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. President, CEO & Director Sandip Mukerjee is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Reported Earnings • Feb 05Third quarter 2022 earnings: EPS and revenues miss analyst expectationsThird quarter 2022 results: EPS: US$0.14 (up from US$0.66 loss in 3Q 2021). Revenue: US$102.5m (up 3.2% from 3Q 2021). Net income: US$1.22m (up US$6.92m from 3Q 2021). Profit margin: 1.2% (up from net loss in 3Q 2021). The move to profitability was primarily driven by lower expenses. Revenue missed analyst estimates by 2.5%. Earnings per share (EPS) exceeded analyst estimates. Over the next year, revenue is forecast to grow 10%, compared to a 8.9% growth forecast for the industry in the US. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 28% per year, which means it has not declined as severely as earnings.분석 기사 • Nov 08TESSCO Technologies (NASDAQ:TESS) Is Carrying A Fair Bit Of DebtWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...Executive Departure • Aug 26Chairman of the Board Paul Gaffney has left the companyOn the 19th of August, Paul Gaffney's tenure as Chairman of the Board ended after 3.2 years in the role. As of June 2021, Paul still personally held 24.59k shares (US$151k worth at the time). A total of 8 executives have left over the last 12 months. The current median tenure of the management team is 6.13 years.Reported Earnings • Jul 30First quarter 2022 earnings released: US$0.25 loss per share (vs US$0.54 loss in 1Q 2021)The company reported a decent first quarter result with reduced losses and improved control over expenses, although revenues were weaker. First quarter 2022 results: Revenue: US$105.0m (down 12% from 1Q 2021). Net loss: US$2.21m (loss narrowed 52% from 1Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 51 percentage points per year, which is a significant difference in performance.Reported Earnings • Jun 13Full year 2021 earnings released: US$1.65 loss per share (vs US$1.83 loss in FY 2020)The company reported a mediocre full year result with weaker revenues, although its control over expenses remained stable and losses reduced. Full year 2021 results: Revenue: US$373.3m (down 8.7% from FY 2020). Net loss: US$14.4m (loss narrowed 7.9% from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance.Executive Departure • Jun 05Senior Vice President of Commercial Sales Eddie Franklin has left the companyOn the 27th of May, Eddie Franklin's tenure as Senior Vice President of Commercial Sales ended after 1.2 years in the role. We don't have any record of a personal shareholding under Eddie's name. A total of 8 executives have left over the last 12 months. The current median tenure of the management team is 5.96 years.Reported Earnings • May 13Full year 2021 earnings released: US$1.75 loss per share (vs US$2.53 loss in FY 2020)The company reported a soft full year result with weaker revenues and control over costs, although losses reduced. Full year 2021 results: Revenue: US$373.3m (down 31% from FY 2020). Net loss: US$15.2m (loss narrowed 29% from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance.분석 기사 • Apr 13Here's Why TESSCO Technologies (NASDAQ:TESS) Can Afford Some DebtHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Executive Departure • Apr 06Senior VP & Chief Information Officer has left the companyOn the 2nd of April, Joseph Cawley's tenure in the role of Senior VP & Chief Information Officer ended. As of December 2020, Joseph personally held only 7.01k shares (US$44k worth at the time). A total of 7 executives have left over the last 12 months.Is New 90 Day High Low • Feb 18New 90-day high: US$8.47The company is up 46% from its price of US$5.81 on 19 November 2020. The American market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Communications industry, which is up 17% over the same period.분석 기사 • Feb 16A Look At TESSCO Technologies' (NASDAQ:TESS) Share Price ReturnsIt is a pleasure to report that the TESSCO Technologies Incorporated ( NASDAQ:TESS ) is up 42% in the last quarter. But...Reported Earnings • Feb 03Third quarter 2021 earnings released: US$0.66 loss per share (vs US$0.59 loss in 3Q 2020)The company reported a poor third quarter result with increased losses, weaker revenues and weaker control over costs. Third quarter 2021 results: Revenue: US$99.2m (down 29% from 3Q 2020). Net loss: US$5.70m (loss widened 14% from 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 87 percentage points per year, which is a significant difference in performance.Analyst Estimate Surprise Post Earnings • Feb 03Revenue and earnings miss expectationsRevenue missed analyst estimates by 2.8%. Earnings per share (EPS) also missed analyst estimates by 66%. Over the next year, revenue is expected to shrink by 19% compared to a 4.0% growth forecast for the Communications industry in the US.Is New 90 Day High Low • Feb 02New 90-day high: US$8.30The company is up 47% from its price of US$5.65 on 03 November 2020. The American market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Communications industry, which is up 27% over the same period.Is New 90 Day High Low • Dec 29New 90-day high: US$6.85The company is up 20% from its price of US$5.69 on 29 September 2020. The American market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Communications industry, which is up 17% over the same period.분석 기사 • Dec 25Is TESSCO Technologies (NASDAQ:TESS) A Risky Investment?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Reported Earnings • Nov 11Second quarter 2021 earnings released: US$0.031 loss per shareThe company reported a poor second quarter result with weaker earnings, revenues and control over expenses. Second quarter 2021 results: Revenue: US$119.7m (down 16% from 2Q 2020). Net loss: US$266.9k (down US$288.9k from profit in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 114% per year but the company’s share price has only fallen by 27% per year, which means it has not declined as severely as earnings.Analyst Estimate Surprise Post Earnings • Nov 11Revenue and earnings miss expectationsRevenue missed analyst estimates by 0.5%. Earnings per share (EPS) also missed analyst estimates by 91%. Over the next year, revenue is forecast to decline by -16% while the growth in Communications industry in the US is expected to stay flat.Analyst Estimate Surprise Post Earnings • Oct 30Second-quarter earnings released: Earnings beat expectations, revenue disappointsSecond-quarter revenue missed analyst estimates by 0.5% at US$119.7m. Earnings per share (EPS) exceeded analyst estimates by 91% at -US$0.03. Revenue is forecast to grow 1.0% over the next year, while the growth in Communications industry in the US is expected to stay flat.Reported Earnings • Oct 30First half earnings releasedOver the last 12 months the company has reported total losses of US$24.0m, with earnings decreasing by US$24.7m from the prior year. Total revenue was US$507.2m over the last 12 months, down 11% from the prior year.매출 및 비용 세부 내역TESSCO Technologies가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이NasdaqGS:TESS 매출, 비용 및 순이익 (USD Millions)날짜매출순이익일반관리비연구개발비26 Mar 23452-493025 Dec 22449087025 Sep 22437184026 Jun 22425-283027 Mar 22418-382026 Dec 21405-382026 Sep 21401-1086027 Jun 21382-1286028 Mar 21373-1486027 Dec 20390-2189027 Sep 20392-1888028 Jun 20375-1885029 Mar 20409-1692029 Dec 19448-796029 Sep 19500-2101030 Jun 195872112031 Mar 19419-995030 Dec 186116116030 Sep 186055116001 Jul 185916113001 Apr 185805112024 Dec 175543109024 Sep 175553109025 Jun 175442109026 Mar 175331108025 Dec 165250108025 Sep 165172105026 Jun 165254104027 Mar 165315103027 Dec 155297101027 Sep 15525696028 Jun 155317100029 Mar 155509103028 Dec 1456112104028 Sep 1457114113029 Jun 1456916112030 Mar 1456016100029 Dec 1359416115029 Sep 1365417117030 Jun 1370418118031 Mar 1375318118030 Dec 1278918121030 Sep 12811181220양질의 수익: TESS 은(는) 현재 수익성이 없습니다.이익 마진 증가: TESS는 현재 수익성이 없습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: TESS은 수익성이 없으며 지난 5년 동안 손실이 연평균 17.9% 증가했습니다.성장 가속화: 현재 수익성이 없어 지난 1년간 TESS의 수익 성장률을 5년 평균과 비교할 수 없습니다.수익 대 산업: TESS은 수익성이 없어 지난 해 수익 성장률을 Communications 업계(11.5%)와 비교하기 어렵습니다.자기자본이익률높은 ROE: TESS는 현재 수익성이 없으므로 자본 수익률이 음수(-5.95%)입니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YTech 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2023/07/19 21:26종가2023/07/14 00:00수익2023/03/26연간 수익2023/03/26데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 세부 정보는 당사의 Github 페이지에서 확인하실 수 있으며, 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스TESSCO Technologies Incorporated는 2명의 분석가가 다루고 있습니다. 이 중 명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Steven ShawSidoti & Company, LLCMargaret Niesen NolanWilliam Blair & Company L.L.C.
Reported Earnings • May 28Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: US$0.47 loss per share (further deteriorated from US$0.37 loss in FY 2022). Revenue: US$452.1m (up 8.3% from FY 2022). Net loss: US$4.35m (loss widened 31% from FY 2022). Revenue missed analyst estimates by 2.6%. Earnings per share (EPS) also missed analyst estimates by 21%. Revenue is forecast to grow 8.0% p.a. on average during the next 2 years, compared to a 4.6% growth forecast for the Communications industry in the US. Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Feb 08Third quarter 2023 earnings: EPS exceeds analyst expectationsThird quarter 2023 results: EPS: US$0.046 (down from US$0.14 in 3Q 2022). Revenue: US$114.9m (up 12% from 3Q 2022). Net income: US$424.7k (down 65% from 3Q 2022). Profit margin: 0.4% (down from 1.2% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) exceeded analyst estimates. Revenue is forecast to grow 7.2% p.a. on average during the next 2 years, compared to a 6.2% growth forecast for the Communications industry in the US. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.
Reported Earnings • Oct 28Second quarter 2023 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2023 results: EPS: US$0.13 (up from US$0.14 loss in 2Q 2022). Revenue: US$120.5m (up 11% from 2Q 2022). Net income: US$1.17m (up US$2.45m from 2Q 2022). Profit margin: 1.0% (up from net loss in 2Q 2022). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 6.5%. Earnings per share (EPS) also surpassed analyst estimates. Revenue is forecast to grow 7.0% p.a. on average during the next 2 years, compared to a 6.3% growth forecast for the Communications industry in the US. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings.
Reported Earnings • Jul 27First quarter 2023 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2023 results: US$0.057 loss per share (up from US$0.25 loss in 1Q 2022). Revenue: US$112.2m (up 6.9% from 1Q 2022). Net loss: US$517.4k (loss narrowed 77% from 1Q 2022). Revenue exceeded analyst estimates by 4.3%. Earnings per share (EPS) also surpassed analyst estimates by 77%. Over the next year, revenue is forecast to grow 7.7%, compared to a 6.9% growth forecast for the industry in the US. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings.
Reported Earnings • May 12Full year 2022 earnings: EPS exceeds analyst expectationsFull year 2022 results: US$0.37 loss per share (up from US$1.65 loss in FY 2021). Revenue: US$417.5m (up 12% from FY 2021). Net loss: US$3.31m (loss narrowed 77% from FY 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 14%. Over the next year, revenue is forecast to grow 7.8%, compared to a 8.9% growth forecast for the industry in the US. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 33% per year, which means it is performing significantly worse than earnings.
Reported Earnings • Feb 05Third quarter 2022 earnings: EPS and revenues miss analyst expectationsThird quarter 2022 results: EPS: US$0.14 (up from US$0.66 loss in 3Q 2021). Revenue: US$102.5m (up 3.2% from 3Q 2021). Net income: US$1.22m (up US$6.92m from 3Q 2021). Profit margin: 1.2% (up from net loss in 3Q 2021). The move to profitability was primarily driven by lower expenses. Revenue missed analyst estimates by 2.5%. Earnings per share (EPS) exceeded analyst estimates. Over the next year, revenue is forecast to grow 10%, compared to a 8.9% growth forecast for the industry in the US. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 28% per year, which means it has not declined as severely as earnings.
공시 • Jul 18TESSCO Technologies Incorporated to Delist from Nasdaq Stock ExchangeTESSCO Technologies Incorporated announced the closing of its previously announced merger with entities affiliated with Lee Equity Partners and Twin Point Capital, which also own Alliance Corporation (“Alliance”), a value-added distributor of equipment for the wireless industry, and GetWireless, LLC (“GetWireless”), a value-added distributor of cellular solutions that connect the Internet of Things (IoT). Tessco shareholders approved the transaction at a special meeting of shareholders held on July 13, 2023. Under the terms of the merger, each share of Company common stock outstanding prior to merger has been converted into the right to receive $9.00 in cash, reflecting a Company enterprise value of approximately $160 million. As a result of the merger, Tessco common stock will cease trading on, and will be delisted from, the Nasdaq stock exchange.
Reported Earnings • May 28Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: US$0.47 loss per share (further deteriorated from US$0.37 loss in FY 2022). Revenue: US$452.1m (up 8.3% from FY 2022). Net loss: US$4.35m (loss widened 31% from FY 2022). Revenue missed analyst estimates by 2.6%. Earnings per share (EPS) also missed analyst estimates by 21%. Revenue is forecast to grow 8.0% p.a. on average during the next 2 years, compared to a 4.6% growth forecast for the Communications industry in the US. Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.
Recent Insider Transactions • Apr 28Insider recently sold US$526k worth of stockOn the 25th of April, Robert Barnhill sold around 60k shares on-market at roughly US$8.77 per share. This transaction amounted to 3.8% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$847k more than they bought in the last 12 months.
Recent Insider Transactions • Apr 17Insider recently sold US$321k worth of stockOn the 12th of April, Robert Barnhill sold around 40k shares on-market at roughly US$8.02 per share. This transaction amounted to 2.5% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.
Reported Earnings • Feb 08Third quarter 2023 earnings: EPS exceeds analyst expectationsThird quarter 2023 results: EPS: US$0.046 (down from US$0.14 in 3Q 2022). Revenue: US$114.9m (up 12% from 3Q 2022). Net income: US$424.7k (down 65% from 3Q 2022). Profit margin: 0.4% (down from 1.2% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) exceeded analyst estimates. Revenue is forecast to grow 7.2% p.a. on average during the next 2 years, compared to a 6.2% growth forecast for the Communications industry in the US. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.
공시 • Feb 08TESSCO Technologies Incorporated Reaffirms Earnings Guidance for the Full Year Fiscal 2023TESSCO Technologies Incorporated reaffirmed earnings guidance for the full year fiscal 2023. For the period, the company expects revenue to be in the range of $450.0 million to $475.0 million and net loss to be in the range of $5.0 million to $2.1 million.
공시 • Jan 25+ 1 more updateTESSCO Technologies Incorporated Provides Preliminary Earnings Guidance for the Third Quarter and Year to Date Ended December 25, 2022; Reaffirms Earnings Guidance for the Fiscal Year 2023TESSCO Technologies Incorporated provided preliminary earnings guidance for the third quarter and year to date ended December 25, 2022. In the third quarter, the company continued its strong track record of performance and expect to report revenues in the range of $113 to $115 million, with net income in the range of $0.3 million to $0.4 million.For the year to date, the company expects revenue to be in the range of $346 million to $348 million and net income to be in the range of $1.2 million to $1.3 million.The company reaffirmed earnings guidance for the fiscal year 2023. For the year, the company expects revenue to be in the range of $450.0 million to $475.0 million and net loss to be in the range of $5.0 million to $2.1 million.
Board Change • Nov 17High number of new and inexperienced directorsThere are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 1 experienced director. No highly experienced directors. President, CEO & Director Sandip Mukerjee is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Reported Earnings • Oct 28Second quarter 2023 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2023 results: EPS: US$0.13 (up from US$0.14 loss in 2Q 2022). Revenue: US$120.5m (up 11% from 2Q 2022). Net income: US$1.17m (up US$2.45m from 2Q 2022). Profit margin: 1.0% (up from net loss in 2Q 2022). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 6.5%. Earnings per share (EPS) also surpassed analyst estimates. Revenue is forecast to grow 7.0% p.a. on average during the next 2 years, compared to a 6.3% growth forecast for the Communications industry in the US. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings.
Reported Earnings • Jul 27First quarter 2023 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2023 results: US$0.057 loss per share (up from US$0.25 loss in 1Q 2022). Revenue: US$112.2m (up 6.9% from 1Q 2022). Net loss: US$517.4k (loss narrowed 77% from 1Q 2022). Revenue exceeded analyst estimates by 4.3%. Earnings per share (EPS) also surpassed analyst estimates by 77%. Over the next year, revenue is forecast to grow 7.7%, compared to a 6.9% growth forecast for the industry in the US. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings.
Reported Earnings • May 12Full year 2022 earnings: EPS exceeds analyst expectationsFull year 2022 results: US$0.37 loss per share (up from US$1.65 loss in FY 2021). Revenue: US$417.5m (up 12% from FY 2021). Net loss: US$3.31m (loss narrowed 77% from FY 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 14%. Over the next year, revenue is forecast to grow 7.8%, compared to a 8.9% growth forecast for the industry in the US. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 33% per year, which means it is performing significantly worse than earnings.
Board Change • Apr 27High number of new and inexperienced directorsThere are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. President, CEO & Director Sandip Mukerjee is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Reported Earnings • Feb 05Third quarter 2022 earnings: EPS and revenues miss analyst expectationsThird quarter 2022 results: EPS: US$0.14 (up from US$0.66 loss in 3Q 2021). Revenue: US$102.5m (up 3.2% from 3Q 2021). Net income: US$1.22m (up US$6.92m from 3Q 2021). Profit margin: 1.2% (up from net loss in 3Q 2021). The move to profitability was primarily driven by lower expenses. Revenue missed analyst estimates by 2.5%. Earnings per share (EPS) exceeded analyst estimates. Over the next year, revenue is forecast to grow 10%, compared to a 8.9% growth forecast for the industry in the US. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 28% per year, which means it has not declined as severely as earnings.
분석 기사 • Nov 08TESSCO Technologies (NASDAQ:TESS) Is Carrying A Fair Bit Of DebtWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
Executive Departure • Aug 26Chairman of the Board Paul Gaffney has left the companyOn the 19th of August, Paul Gaffney's tenure as Chairman of the Board ended after 3.2 years in the role. As of June 2021, Paul still personally held 24.59k shares (US$151k worth at the time). A total of 8 executives have left over the last 12 months. The current median tenure of the management team is 6.13 years.
Reported Earnings • Jul 30First quarter 2022 earnings released: US$0.25 loss per share (vs US$0.54 loss in 1Q 2021)The company reported a decent first quarter result with reduced losses and improved control over expenses, although revenues were weaker. First quarter 2022 results: Revenue: US$105.0m (down 12% from 1Q 2021). Net loss: US$2.21m (loss narrowed 52% from 1Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 51 percentage points per year, which is a significant difference in performance.
Reported Earnings • Jun 13Full year 2021 earnings released: US$1.65 loss per share (vs US$1.83 loss in FY 2020)The company reported a mediocre full year result with weaker revenues, although its control over expenses remained stable and losses reduced. Full year 2021 results: Revenue: US$373.3m (down 8.7% from FY 2020). Net loss: US$14.4m (loss narrowed 7.9% from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance.
Executive Departure • Jun 05Senior Vice President of Commercial Sales Eddie Franklin has left the companyOn the 27th of May, Eddie Franklin's tenure as Senior Vice President of Commercial Sales ended after 1.2 years in the role. We don't have any record of a personal shareholding under Eddie's name. A total of 8 executives have left over the last 12 months. The current median tenure of the management team is 5.96 years.
Reported Earnings • May 13Full year 2021 earnings released: US$1.75 loss per share (vs US$2.53 loss in FY 2020)The company reported a soft full year result with weaker revenues and control over costs, although losses reduced. Full year 2021 results: Revenue: US$373.3m (down 31% from FY 2020). Net loss: US$15.2m (loss narrowed 29% from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance.
분석 기사 • Apr 13Here's Why TESSCO Technologies (NASDAQ:TESS) Can Afford Some DebtHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Executive Departure • Apr 06Senior VP & Chief Information Officer has left the companyOn the 2nd of April, Joseph Cawley's tenure in the role of Senior VP & Chief Information Officer ended. As of December 2020, Joseph personally held only 7.01k shares (US$44k worth at the time). A total of 7 executives have left over the last 12 months.
Is New 90 Day High Low • Feb 18New 90-day high: US$8.47The company is up 46% from its price of US$5.81 on 19 November 2020. The American market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Communications industry, which is up 17% over the same period.
분석 기사 • Feb 16A Look At TESSCO Technologies' (NASDAQ:TESS) Share Price ReturnsIt is a pleasure to report that the TESSCO Technologies Incorporated ( NASDAQ:TESS ) is up 42% in the last quarter. But...
Reported Earnings • Feb 03Third quarter 2021 earnings released: US$0.66 loss per share (vs US$0.59 loss in 3Q 2020)The company reported a poor third quarter result with increased losses, weaker revenues and weaker control over costs. Third quarter 2021 results: Revenue: US$99.2m (down 29% from 3Q 2020). Net loss: US$5.70m (loss widened 14% from 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 87 percentage points per year, which is a significant difference in performance.
Analyst Estimate Surprise Post Earnings • Feb 03Revenue and earnings miss expectationsRevenue missed analyst estimates by 2.8%. Earnings per share (EPS) also missed analyst estimates by 66%. Over the next year, revenue is expected to shrink by 19% compared to a 4.0% growth forecast for the Communications industry in the US.
Is New 90 Day High Low • Feb 02New 90-day high: US$8.30The company is up 47% from its price of US$5.65 on 03 November 2020. The American market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Communications industry, which is up 27% over the same period.
Is New 90 Day High Low • Dec 29New 90-day high: US$6.85The company is up 20% from its price of US$5.69 on 29 September 2020. The American market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Communications industry, which is up 17% over the same period.
분석 기사 • Dec 25Is TESSCO Technologies (NASDAQ:TESS) A Risky Investment?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Reported Earnings • Nov 11Second quarter 2021 earnings released: US$0.031 loss per shareThe company reported a poor second quarter result with weaker earnings, revenues and control over expenses. Second quarter 2021 results: Revenue: US$119.7m (down 16% from 2Q 2020). Net loss: US$266.9k (down US$288.9k from profit in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 114% per year but the company’s share price has only fallen by 27% per year, which means it has not declined as severely as earnings.
Analyst Estimate Surprise Post Earnings • Nov 11Revenue and earnings miss expectationsRevenue missed analyst estimates by 0.5%. Earnings per share (EPS) also missed analyst estimates by 91%. Over the next year, revenue is forecast to decline by -16% while the growth in Communications industry in the US is expected to stay flat.
Analyst Estimate Surprise Post Earnings • Oct 30Second-quarter earnings released: Earnings beat expectations, revenue disappointsSecond-quarter revenue missed analyst estimates by 0.5% at US$119.7m. Earnings per share (EPS) exceeded analyst estimates by 91% at -US$0.03. Revenue is forecast to grow 1.0% over the next year, while the growth in Communications industry in the US is expected to stay flat.
Reported Earnings • Oct 30First half earnings releasedOver the last 12 months the company has reported total losses of US$24.0m, with earnings decreasing by US$24.7m from the prior year. Total revenue was US$507.2m over the last 12 months, down 11% from the prior year.