This company has been acquired
TESSCO Technologies Past Earnings Performance
Past criteria checks 0/6
TESSCO Technologies's earnings have been declining at an average annual rate of -17.9%, while the Communications industry saw earnings growing at 34.1% annually. Revenues have been declining at an average rate of 7.7% per year.
Key information
-17.9%
Earnings growth rate
-17.8%
EPS growth rate
| Communications Industry Growth | 31.8% |
| Revenue growth rate | -7.7% |
| Return on equity | -5.9% |
| Net Margin | -1.0% |
| Last Earnings Update | 26 Mar 2023 |
Recent past performance updates
Recent updates
TESSCO Technologies (NASDAQ:TESS) Is Carrying A Fair Bit Of Debt
Nov 08
TESSCO Technologies EPS misses by $0.09, misses on revenue
May 10Here's Why TESSCO Technologies (NASDAQ:TESS) Can Afford Some Debt
Apr 13A Look At TESSCO Technologies' (NASDAQ:TESS) Share Price Returns
Feb 16
TESSCO Technologies EPS of -$0.11
Feb 01Is TESSCO Technologies (NASDAQ:TESS) A Risky Investment?
Dec 25TESS makes third settlement proposal to Robert Barnhill to end consent solicitation
Nov 24TESSCO Technologies (TESS) Investor Presentation - Slideshow
Nov 19TESSCO Technologies EPS beats by $0.31, misses on revenue
Oct 28Revenue & Expenses Breakdown
How TESSCO Technologies makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 26 Mar 23 | 452 | -4 | 93 | 0 |
| 25 Dec 22 | 449 | 0 | 87 | 0 |
| 25 Sep 22 | 437 | 1 | 84 | 0 |
| 26 Jun 22 | 425 | -2 | 83 | 0 |
| 27 Mar 22 | 418 | -3 | 82 | 0 |
| 26 Dec 21 | 405 | -3 | 82 | 0 |
| 26 Sep 21 | 401 | -10 | 86 | 0 |
| 27 Jun 21 | 382 | -12 | 86 | 0 |
| 28 Mar 21 | 373 | -14 | 86 | 0 |
| 27 Dec 20 | 390 | -21 | 89 | 0 |
| 27 Sep 20 | 392 | -18 | 88 | 0 |
| 28 Jun 20 | 375 | -18 | 85 | 0 |
| 29 Mar 20 | 409 | -16 | 92 | 0 |
| 29 Dec 19 | 448 | -7 | 96 | 0 |
| 29 Sep 19 | 500 | -2 | 101 | 0 |
| 30 Jun 19 | 587 | 2 | 112 | 0 |
| 31 Mar 19 | 419 | -9 | 95 | 0 |
| 30 Dec 18 | 611 | 6 | 116 | 0 |
| 30 Sep 18 | 605 | 5 | 116 | 0 |
| 01 Jul 18 | 591 | 6 | 113 | 0 |
| 01 Apr 18 | 580 | 5 | 112 | 0 |
| 24 Dec 17 | 554 | 3 | 109 | 0 |
| 24 Sep 17 | 555 | 3 | 109 | 0 |
| 25 Jun 17 | 544 | 2 | 109 | 0 |
| 26 Mar 17 | 533 | 1 | 108 | 0 |
| 25 Dec 16 | 525 | 0 | 108 | 0 |
| 25 Sep 16 | 517 | 2 | 105 | 0 |
| 26 Jun 16 | 525 | 4 | 104 | 0 |
| 27 Mar 16 | 531 | 5 | 103 | 0 |
| 27 Dec 15 | 529 | 7 | 101 | 0 |
| 27 Sep 15 | 525 | 6 | 96 | 0 |
| 28 Jun 15 | 531 | 7 | 100 | 0 |
| 29 Mar 15 | 550 | 9 | 103 | 0 |
| 28 Dec 14 | 561 | 12 | 104 | 0 |
| 28 Sep 14 | 571 | 14 | 113 | 0 |
| 29 Jun 14 | 569 | 16 | 112 | 0 |
| 30 Mar 14 | 560 | 16 | 100 | 0 |
| 29 Dec 13 | 594 | 16 | 115 | 0 |
| 29 Sep 13 | 654 | 17 | 117 | 0 |
| 30 Jun 13 | 704 | 18 | 118 | 0 |
| 31 Mar 13 | 753 | 18 | 118 | 0 |
| 30 Dec 12 | 789 | 18 | 121 | 0 |
| 30 Sep 12 | 811 | 18 | 122 | 0 |
Quality Earnings: TESS is currently unprofitable.
Growing Profit Margin: TESS is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: TESS is unprofitable, and losses have increased over the past 5 years at a rate of 17.9% per year.
Accelerating Growth: Unable to compare TESS's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: TESS is unprofitable, making it difficult to compare its past year earnings growth to the Communications industry (14.4%).
Return on Equity
High ROE: TESS has a negative Return on Equity (-5.95%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/07/19 17:09 |
| End of Day Share Price | 2023/07/14 00:00 |
| Earnings | 2023/03/26 |
| Annual Earnings | 2023/03/26 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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.
| Analyst | Institution |
|---|---|
| Steven Shaw | Sidoti & Company, LLC |
| Lisa Springer | Singular Research |
| Margaret Niesen Nolan | William Blair & Company L.L.C. |