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Tessco Technologies (Tessco Technologies) Net Margin % : -5.41% (As of Mar. 2023)


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What is Tessco Technologies Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Tessco Technologies's Net Income for the three months ended in Mar. 2023 was $-5.6 Mil. Tessco Technologies's Revenue for the three months ended in Mar. 2023 was $104.2 Mil. Therefore, Tessco Technologies's net margin for the quarter that ended in Mar. 2023 was -5.41%.

The historical rank and industry rank for Tessco Technologies's Net Margin % or its related term are showing as below:

TESS' s Net Margin % Range Over the Past 10 Years
Min: -5.27   Med: 0.59   Max: 2.9
Current: -0.96


TESS's Net Margin % is not ranked
in the Hardware industry.
Industry Median: 2.845 vs TESS: -0.96

Tessco Technologies Net Margin % Historical Data

The historical data trend for Tessco Technologies's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Tessco Technologies Net Margin % Chart

Tessco Technologies Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.32 -5.27 -2.34 -0.65 -0.96

Tessco Technologies Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.59 -0.25 0.95 0.37 -5.41

Competitive Comparison of Tessco Technologies's Net Margin %

For the Communication Equipment subindustry, Tessco Technologies's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Tessco Technologies's Net Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Tessco Technologies's Net Margin % distribution charts can be found below:

* The bar in red indicates where Tessco Technologies's Net Margin % falls into.



Tessco Technologies Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Tessco Technologies's Net Margin for the fiscal year that ended in Mar. 2023 is calculated as

Net Margin=Net Income (A: Mar. 2023 )/Revenue (A: Mar. 2023 )
=-4.347/452.065
=-0.96 %

Tessco Technologies's Net Margin for the quarter that ended in Mar. 2023 is calculated as

Net Margin=Net Income (Q: Mar. 2023 )/Revenue (Q: Mar. 2023 )
=-5.638/104.201
=-5.41 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Tessco Technologies  (NAS:TESS) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Tessco Technologies Net Margin % Related Terms

Thank you for viewing the detailed overview of Tessco Technologies's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Tessco Technologies (Tessco Technologies) Business Description

Traded in Other Exchanges
N/A
Address
11126 McCormick Road, Hunt Valley, MD, USA, 21031
Tessco Technologies Inc is a United States-based value-added technology distributor, manufacturer, and solutions provider. The company supplies wireless communications products for network infrastructure, site support, and fixed and mobile broadband networks. It offers products related to power systems, Wi-Fi Networks, Broadband, DAS((Distributed Antenna Systems) for In-Building Cellular and Public Safety Coverage, IoT (Internet of Things), Mobile Devices and Accessories, and others. The operating segments of the company are Carrier and Commercial, of which the majority of the revenue is derived from the Commercial segment.
Executives
Barnhill Robert B Jr 10 percent owner 11126 MCCORMICK ROAD, HUNT VALLEY MD 21031
Thad Lowe officer: Senior Vice President 11126 MCCORMICK ROAD, HUNT VALLEY MD 21031
Tammy Ridgley officer: Senior Vice President 11126 MCCORMICK ROAD, HUNT VALLEY MD 21031
Michael Brodsky other: See Explanation of Responses C/O NEW WORLD OPPORTUNITY PARTNERS I LLC, 1603 ORRINGTON AVE, STE 1600, EVANSTON IL 60201
Matthew W Brewer other: See Explanation of Responses C/O BARTLIT BECK LLP, 54 WEST HUBBARD #3B, CHICAGO IL 60654
Kenneth J Spangler other: See Explanation of Responses 90 FEDEX PARKWAY, 2ND FLOOR VERTICAL, COLLIERVILLE TN 38017
Joseph H Quaglia other: See Explanation of Responses 5350 TECH DATA DRIVE, CLEARWATER FL 33760
J Timothy Bryan director 11700 PLAZA AMERICA DRIVE, SUITE 1010, RESTON VA 20190
Lakeview Investment Group & Trading Co Llc 10 percent owner 444 WEST LAKE STREET, SUITE 1900, CHICAGO IL 60606
Steven T Campbell director 8410 W. BRYN MAWR, CHICAGO IL 60631
Vernon Irvin director C/O EVERBRIDGE, INC., 25 CORPORATE DRIVE, BURLINGTON MA 02108
Paul J Gaffney director N56 W17000 RIDGEWOOD DRIVE, MENOMONEE FALLS WI 53051
Kathleen Mclean director C/O FAIRPOINT COMMUNICATIONS, INC., 521 E. MOREHEAD STREET, SUITE 500, CHARLOTTE NC 28202
Joseph Cawley officer: Senior Vice President 11126 MCCORMICK ROAD, HUNT VALLEY MD 21031
Abl Manager Llc 10 percent owner 444 W. LAKE #1900, CHICAGO IL 60606

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