Tessco Technologies (TESS) Tops Q2 EPS by 1c
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TESSCO Reports Second Quarter 2017 Financial Results
October 27, 2016 4:06 PM EDTAchieves Sequential Improvement in Revenue and Earnings
Continues Quarterly Dividend of $0.20 Per Share
HUNT VALLEY, Md.--(BUSINESS WIRE)-- TESSCO TECHNOLOGIES INCORPORATED (NASDAQ: TESS), a consultative provider of the end-to-end wireless solutions to deploy network and connectivity systems, today reported financial results for its second quarter of fiscal 2017, ended September 25, 2016.
Second-Quarter Highlights:
Murray Wright appointed President, Chief Executive Officer and Board member. Robert Barnhill assumes role of Executive Chairman of the Board. Sequential growth in revenue and earnings; achieving $0.12 EPS and $0.38 EBITDA per share*. Strong balance sheet maintained. Quarterly dividend of $0.20 per share declared.... More