TESSCO Technologies Incorporated (NASDAQ:TESS) posted its quarterly earnings data on Monday. The communications equipment provider reported $0.21 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.10 by $0.11, Bloomberg Earnings reports. TESSCO Technologies had a net margin of 0.38% and a return on equity of 2.36%.

Shares of TESSCO Technologies (TESS) traded up 0.38% during trading on Monday, reaching $13.20. 11,374 shares of the company’s stock were exchanged. TESSCO Technologies has a 12 month low of $9.75 and a 12 month high of $16.25. The firm has a market cap of $110.48 million, a price-to-earnings ratio of 55.00 and a beta of 1.20. The stock has a 50-day moving average price of $12.89 and a 200 day moving average price of $13.62.

Separately, Zacks Investment Research downgraded shares of TESSCO Technologies from a “buy” rating to a “hold” rating in a report on Wednesday, September 20th.

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TESSCO Technologies Company Profile

TESSCO Technologies Incorporated architects and delivers the product and value chain solutions to organizations responsible for building, operating, maintaining and reselling cellular, mobile communications, wireless-fidelity (Wi-Fi), machine-to-machine, Internet of Things and wireless backhaul systems.

Earnings History for TESSCO Technologies (NASDAQ:TESS)

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