Tessco Technologies Inc (TESS) Files 10-K for the Fiscal Year Ended on March 31, 2018

Tessco Technologies Inc (TESS, Financial) files its latest 10-K with SEC for the fiscal year ended on March 31, 2018. 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 $150.980 million; its shares were traded at around $18.00 with a P/E ratio of 32.71 and P/S ratio of 0.28. The dividend yield of Tessco Technologies Inc stocks is 4.42%.

For the last quarter Tessco Technologies Inc reported a revenue of $148.9 million, compared with the revenue of $122.6 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $580.3 million, an increase of 8.8% from last year. For the last five years Tessco Technologies Inc had an average revenue decline of 4.2% a year.

The reported diluted earnings per share was 55 cents for the year, an increase of 223.5% from previous year. Over the last five years Tessco Technologies Inc had an average EPS decline of 34.1% a year. The Tessco Technologies Inc had an operating margin of 1.36%, compared with the operating margin of 0.63% a year before. The 10-year historical median operating margin of Tessco Technologies Inc is 2.68%. The profitability rank of the company is 4 (out of 10).

At the end of the fiscal year, Tessco Technologies Inc has the cash and cash equivalents of $0.02 million, compared with $8.54 million in the previous year. The long term debt was $0.00 million, compared with $0.03 million in the previous year. Tessco Technologies Inc has a financial strength rank of 7 (out of 10).

At the current stock price of $18.00, Tessco Technologies Inc is traded at 30.2% premium to its historical median P/S valuation band of $13.83. The P/S ratio of the stock is 0.28, while the historical median P/S ratio is 0.21. The stock gained 31.93% during the past 12 months.

Directors and Officers Recent Trades:

  • Director, 10% Owner Robert B Jr Barnhill sold 6,143 shares of TESS stock on 05/31/2018 at the average price of $18.04. The price of the stock has decreased by 0.22% since.

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