|Bid||6.05 x 1000|
|Ask||6.50 x 900|
|Day's Range||5.85 - 6.20|
|52 Week Range||5.08 - 8.32|
|Beta (5Y Monthly)||1.06|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jan 31, 2022 - Feb 04, 2022|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Feb 11, 2020|
|1y Target Est||N/A|
Tessco Technologies Inc. had a challenging 2020 and the pandemic was only the half of it. The Hunt Valley-based wireless communications company spent much of the year in a high-profile proxy fight with its founder and former CEO Robert Barnhill, a process that eventually resulted in nearly its entire board turning over. Then in October, the company announced it would exit the retail business, which was hit hard by the pandemic, in order to focus more on its commercial customers.
The product is likely to strengthen Knowles' (KN) leading market position with the best-in-class output for its size and enable manufacturers to enrich their sound quality in premium earphones.
Tessco (TESS) delivered earnings and revenue surprises of 42.86% and 1.75%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?