Recap: Tessco Technologies Q4 Earnings

Tessco Technologies TESS reported its Q4 earnings results on Friday, May 26, 2023 at 04:05 PM.

Here's what investors need to know about the announcement.

Tessco Technologies missed estimated earnings by 22.0%, reporting an EPS of $-0.61 versus an estimate of $-0.5.

Revenue was up $2.61 million from the same period last year.

Last quarter the company beat on EPS by $0.21 which was followed by a 1.85% increase in the share price the next day.

Here's a look at Tessco Technologies's past performance:

Quarter	Q3 2023	Q2 2023	Q1 2023	Q4 2022
EPS Estimate	-0.16	-0.13	-0.13	-0.21
EPS Actual	0.05	0.13	-0.06	-0.12
Revenue Estimate	114.57M	113.19M	107.57M	99.85M
Revenue Actual	114.88M	120.51M	112.16M	101.59M

To track all earnings releases for Tessco Technologies visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.