HUNT VALLEY, Md. (AP) _ Tessco Technologies Inc. (TESS) on Monday reported fiscal fourth-quarter net income of $623,000, after reporting a loss in the same period a year earlier.
On a per-share basis, the Hunt Valley, Maryland-based company said it had net income of 7 cents.
The wireless communications company posted revenue of $148.9 million in the period.
For the year, the company reported profit of $4.7 million, or 55 cents per share. Revenue was reported as $580.3 million.
Tessco shares have dropped 16 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit $16.90, a rise of 16 percent in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TESS at https://www.zacks.com/ap/TESS