Benzinga | Jul 27, 2021 04:43PM EDT

Tessco Technologies Q1 EPS $(0.25) Misses $(0.20) Estimate, Sales $104.96M Miss $105.08M Estimate

Tessco Technologies (NASDAQ:TESS) reported quarterly losses of $(0.25) per share which missed the analyst consensus estimate of $(0.20) by 25 percent. This is a 53.7 percent increase over losses of $(0.54) per share from the same period last year. The company reported quarterly sales of $104.96 million which missed the analyst consensus estimate of $105.08 million by 0.12 percent. This is a 12.40 percent decrease over sales of $119.81 million the same period last year.