Tessco Reports Second-Quarter Fiscal 2021 Financial Results
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Tessco Technologies (TESS) Tops Q2 EPS by 31c, Revenues Miss
October 28, 2020 5:20 PM EDTTessco Technologies (NASDAQ: TESS) reported Q2 EPS of ($0.03), $0.31 better than the analyst estimate of ($0.34). Revenue for the quarter came in at $119.7 million versus the consensus estimate of $120.3 million.
We made solid progress on our near-term profit improvement initiatives in the second fiscal quarter and took concrete steps to transform the business in accordance with our three-pillar strategy, said President and Chief Executive Officer Sandip Mukerjee. During the quarter, we maintained our focus on taking aggressive actions to drive... More
