TESSCO Technologies Incorporated

NasdaqGS:TESS Stock Report

Market Cap: US$83.3m

This company has been acquired

The company may no longer be operating, as it has been acquired. Find out why through their latest events.

TESSCO Technologies Management

Management criteria checks 3/4

TESSCO Technologies' CEO is Sandip Mukerjee, appointed in Aug 2019, he has a tenure of 3.92 years. His total yearly compensation is $896.22K , comprised of 61.4% salary and 38.6% bonuses, including company stock and options. He directly owns 0.19% of the company’s shares, worth $157.24K. The average tenure of the management team and the board of directors is 3.9 years and 2.6 years respectively.

Key information

Sandip Mukerjee

Chief executive officer

US$896.2k

Total compensation

CEO salary percentage61.4%
CEO tenure3.9yrs
CEO ownership0.2%
Management average tenure3.9yrs
Board average tenure2.6yrs

Recent management updates

Recent updates

TESSCO Technologies (NASDAQ:TESS) Is Carrying A Fair Bit Of Debt

Nov 08
TESSCO Technologies (NASDAQ:TESS) Is Carrying A Fair Bit Of Debt

TESSCO Technologies EPS misses by $0.09, misses on revenue

May 10

Here's Why TESSCO Technologies (NASDAQ:TESS) Can Afford Some Debt

Apr 13
Here's Why TESSCO Technologies (NASDAQ:TESS) Can Afford Some Debt

A Look At TESSCO Technologies' (NASDAQ:TESS) Share Price Returns

Feb 16
A Look At TESSCO Technologies' (NASDAQ:TESS) Share Price Returns

TESSCO Technologies EPS of -$0.11

Feb 01

Is TESSCO Technologies (NASDAQ:TESS) A Risky Investment?

Dec 25
Is TESSCO Technologies (NASDAQ:TESS) A Risky Investment?

TESS makes third settlement proposal to Robert Barnhill to end consent solicitation

Nov 24

TESSCO Technologies (TESS) Investor Presentation - Slideshow

Nov 19

TESSCO Technologies EPS beats by $0.31, misses on revenue

Oct 28

CEO Compensation Analysis

How has Sandip Mukerjee's remuneration changed compared to TESSCO Technologies's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 26 2023US$896kUS$550k

-US$4m

Dec 25 2022n/an/a

US$252k

Sep 25 2022n/an/a

US$829k

Jun 26 2022n/an/a

-US$2m

Mar 27 2022US$1mUS$550k

-US$3m

Dec 26 2021n/an/a

-US$3m

Sep 26 2021n/an/a

-US$10m

Jun 27 2021n/an/a

-US$12m

Mar 28 2021US$892kUS$550k

-US$14m

Dec 27 2020n/an/a

-US$21m

Sep 27 2020n/an/a

-US$18m

Jun 28 2020n/an/a

-US$18m

Mar 29 2020US$2mUS$334k

-US$16m

Compensation vs Market: Sandip's total compensation ($USD896.22K) is about average for companies of similar size in the US market ($USD749.12K).

Compensation vs Earnings: Sandip's compensation has been consistent with company performance over the past year.


CEO

Sandip Mukerjee (60 yo)

3.9yrs

Tenure

US$896,220

Compensation

Mr. Sandip Mukerjee serves as President, Chief Executive Officer and Director of TESSCO Technologies Incorporated since August 20, 2019. He Joined TESSCO Technologies Incorporated since August 20, 2019. Mr...


Leadership Team

NamePositionTenureCompensationOwnership
Sandip Mukerjee
President3.9yrsUS$896.22k0.19%
$ 157.2k
Aric Spitulnik
CFO, Principal Accounting Officer10.7yrsUS$445.72k0.40%
$ 337.1k
Thad Lowe
Senior VPno dataUS$426.59k0.095%
$ 79.5k
Tammy Ridgley
Senior Vice President of Customer Success1.3yrsUS$391.89k0.16%
$ 133.5k
Jesse Hillman
Chief Information Officer2.3yrsno datano data
Thomas Perez
Controller9.8yrsno datano data
Cynthia King
VP & Treasurerno datano datano data

3.9yrs

Average Tenure

52yo

Average Age

Experienced Management: TESS's management team is considered experienced (3.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Sandip Mukerjee
President3.9yrsUS$896.22k0.19%
$ 157.2k
J. Bryan
Independent Chairman of the Board2.6yrsUS$112.70k0.35%
$ 294.7k
Vernon Irvin
Independent Director2yrsUS$100.80k0.25%
$ 209.5k
Steven Campbell
Independent Director2yrsUS$104.20k0.25%
$ 206.9k
Kathleen McLean
Independent Director2.6yrsUS$106.70k0.29%
$ 238.7k
Stephanie Dismore
Independent Director3yrsUS$107.70k0.36%
$ 299.5k
Matthew Brewer
Independent Director1.2yrsUS$74.37k0.071%
$ 58.8k

2.6yrs

Average Tenure

61yo

Average Age

Experienced Board: TESS's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/07/19 17:09
End of Day Share Price 2023/07/14 00:00
Earnings2023/03/26
Annual Earnings2023/03/26

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

TESSCO Technologies Incorporated is covered by 3 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Steven ShawSidoti & Company, LLC
Lisa SpringerSingular Research
Margaret Niesen NolanWilliam Blair & Company L.L.C.