TESSCO Technologies Incorporated Operating Income

Operating Income of TESS for past 10 years: annual, quarterly and twelve month trailing (TTM) including Operating Income growth rates and interactive chart. Operating income is the amount of profit realized from a business's operations, after deducting operating expenses such as wages, depreciation, and cost of goods sold (COGS). Operating income–also called income from operations–takes a company's gross income, which is equivalent to total revenue minus COGS, and subtracts all operating expenses. A business's operating expenses are costs incurred from normal operating activities and include items such as office supplies and utilities. Operating income is measured before interest and tax expenses and is a good gauge of a company's operational profitability.

Highlights and Quick Summary

  • Operating Income for the quarter ending March 30, 2021 was $-6.45 Million (a 2.55% increase compared to previous quarter)
  • Year-over-year quarterly Operating Income increased by 31.43%
  • Annual Operating Income for 2021 was $-17.8 Million (a -18.98% decrease from previous year)
  • Annual Operating Income for 2020 was $-22 Million (a 100.69% increase from previous year)
  • Annual Operating Income for 2019 was $-10.9 Million (a -238.48% decrease from previous year)
  • Twelve month Operating Income ending March 30, 2021 was $-17.8 Million (a -36.92% decrease compared to previous quarter)
  • Twelve month trailing Operating Income decreased by -24.44% year-over-year
Trailing Operating Income for the last four month:
30 Mar '21 30 Dec '20 29 Sep '20 29 Jun '20
$-17.8 Million $-28.2 Million $-24.3 Million $-23.5 Million
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Historical Operating Income of TESSCO Technologies Incorporated

Most recent Operating Incomeof TESS including historical data for past 10 years.

Interactive Chart of Operating Income of TESSCO Technologies Incorporated

TESSCO Technologies Incorporated Operating Income for the past 10 Years (both Annual and Quarterly)

(All values are in $ million)

Year Q1 Q2 Q3 Q4 Fiscal Year
2021 $-6.45 $-17.79
2020 $-6.29 $-0.14 $-4.91 $-16.87 $-21.96
2019 $-2.35 $0.57 $-3.32 $-18.1 $-10.94
2018 $3.5 $1.92 $1.74 $1.18 $7.9
2017 $2.19 $3.25 $1.29 $-1.76 $2.54
2016 $2.11 $2.05 $0.15 $-3.18 $9.03
2015 $4.71 $4.65 $2.86 $-0.24 $14.38
2014 $2.68 $5.87 $6.07 $4.77 $26.49
2013 $7.17 $7.59 $6.96 $4.81 $29.22
2012 $8.74 $8.74 $6.93 $5.77 $27.0
2011 $7.88 $5.83 $7.53 $2.63 $15.98
2010 $4.34 $5.57 $3.44

Business Profile of TESSCO Technologies Incorporated

Sector: Technology
Industry: Communication Equipment
TESSCO Technologies Incorporated architects and delivers product and value chain solutions to support wireless systems in the United States. The company offers base station infrastructure products, including base station antennas, cable and transmission lines, small towers, lightning protection devices, connectors, power systems, enclosures, grounding products, jumpers, miscellaneous hardware products, and mobile antennas to build, repair, and upgrade wireless broadband systems, as well as connector installation, custom jumper assembly, site kitting, and logistics integration services. It also provides network systems products, such as fixed and mobile broadband radio equipment, wireless networking filtering and distributed antenna systems, two-way radios, and security and surveillance products, as well as training classes, technical support, and engineering design services. In addition, the company offers installation, test, and maintenance products comprising analysis equipment; and various frequency, voltage, and power-measuring devices, as well as tools, hardware, GPS and safety products, and replacement and component parts and supplies to install, tune, and maintain wireless communications equipment. Further, it provides mobile devices, such as cellular and smart phones; and data device accessories, including power supplies, cases, screen protectors, speakers, mobile amplifiers, bluetooth and corded headsets, mounts, car antennas, music accessories, and data and memory cards. The company sells its products to carrier and public network operators, tower owners, program managers, contractors and integrators, private system operators, federal governments, state and local governments, manufacturers, value-added resellers, retail carrier stores and their independent agents, and other retailers under the Ventev brand. TESSCO Technologies Incorporated was founded in 1982 and is headquartered in Hunt Valley, Maryland.