Brief: Tessco Posts Q2 Revenue $119.7 Million Versus $141.8 Million
28/10/2020 21:21
Oct 28 (Reuters) - TESSCO Technologies Inc TESS.O :
* TESSCO REPORTS SECOND-QUARTER FISCAL 2021 FINANCIAL
RESULTS
* Q2 LOSS PER SHARE $0.03
* Q2 REVENUE $119.7 MILLION VERSUS $141.8 MILLION
* EXPECTS SEQUENTIAL REVENUE GROWTH IN THE COMMERCIAL
SEGMENT IN
THE THIRD QUARTER
* TESSCO TECHNOLOGIES - FOR COMMERCIAL BUSINESS, EXPECT
EASING OF
PROJECT DELAYS IN H2 OF CO'S FISCAL YEAR, ADDITIONAL GROWTH
COMING FROM 5G IN 2021
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Further company coverage: TESS.O
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