Tessco Technologies Inc (TESS) Files 10-K for the Fiscal Year Ended on March 31, 2020

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Jun 06, 2020
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Tessco Technologies Inc (TESS, Financial)(30-Year Financial) files its latest 10-K with SEC for the fiscal year ended on March 31, 2020. Tessco Technologies Inc architects and delivers product and value chain solutions to support wireless systems. Its product categories base station infrastructure; network systems; installation, test and maintenance; and mobile devices and accessories. Tessco Technologies Inc has a market cap of $47.360 million; its shares were traded at around $5.54 with and P/S ratio of 0.09. The dividend yield of Tessco Technologies Inc stocks is 11.17%. GuruFocus has detected 4 severe warning signs with Tessco Technologies Inc. .

For the last quarter Tessco Technologies Inc reported a revenue of $128.2 million, compared with the revenue of $145.0 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $540.3 million, a decrease of 11% from the previous year. For the complete 30-year financial data, please go here.. For the last five years Tessco Technologies Inc had an average revenue growth rate of 1.2% a year.

The reported loss per diluted share was $2.53 for the year, compared with the earnings per share of $0.61 in the previous year. The Tessco Technologies Inc had an operating margin of -2.96%, compared with the operating margin of 1.34% a year before. The 10-year historical median operating margin of Tessco Technologies Inc is 2.68%. The profitability rank of the company is 6 (out of 10).

At the end of the fiscal year, Tessco Technologies Inc has the cash and cash equivalents of $0.05 million, compared with $0.03 million in the previous year. The long term debt was $11.5 million. Tessco Technologies Inc has a financial strength rank of 4 (out of 10).

At the current stock price of $5.54, Tessco Technologies Inc is traded at 63.1% discount to its historical median P/S valuation band of $15.01. The P/S ratio of the stock is 0.09, while the historical median P/S ratio is 0.22. The stock lost 66.48% during the past 12 months.

For the complete 20-year historical financial data of TESS, click here.