TESSCO Technologies Announces Preliminary Q1 2022 Select Financial Results and Shares Expectations for Full-Year 2022

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Jul 07, 2021

TESSCO Technologies Incorporated (NASDAQ: TESS),a leading value-added distributor and solutions provider for the wireless industry, today announced preliminary select financial results for the first quarter of its 2022 fiscal year, ended June 27, 2021. Tessco expects to report total revenues of approximately $105 million, which would represent composite growth of 9% year over year. Sales bookings for the first quarter grew 37% year over year, with improved performance across both of the Company’s markets.