Tessco: Fiscal 1Q Earnings Snapshot

By The Associated Press

Posted July 27, 2020 5:08 pm.

Last Updated July 27, 2020 5:24 pm.

This article is more than 5 years old.

HUNT VALLEY, Md. (AP) _ Tessco Technologies Inc. (TESS) on Monday reported a loss of $4.6 million in its fiscal first quarter.

The Hunt Valley, Maryland-based company said it had a loss of 54 cents per share.

The wireless communications company posted revenue of $119.8 million in the period.

Tessco shares have fallen 39% since the beginning of the year. In the final minutes of trading on Monday, shares hit $6.90, a fall of 52% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TESS at https://www.zacks.com/ap/TESS

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