OverviewSuggest Edit

TESSCO Technologies is a distributor, manufacturer, and solutions provider serving the wireless infrastructure and mobile device accessories markets. It offers products in categories such as base station infrastructure; network systems; installation, test, and maintenance products; and mobile devices and accessories. The company caters to carrier and public network operators, tower owners, program managers, contractors, integrators, private system operators (including railroads, utilities, mining operators and oil and gas operators), federal, state and local governments, manufacturers, value-added resellers, retail carrier stores and their independent agents, as well as other local and national retailers.

TypePublic
Founded1982
HQCockeysville, US
Websitetessco.com
Employee Ratings2.9

Latest Updates

Employees (est.) (Mar 2020)678(-14%)
Job Openings18
Revenue (FY, 2020)$540.3 M(-10%)
Share Price (Oct 2020)$5.8
Cybersecurity ratingCMore

Key People/Management at TESSCO Technologies

Sandip Mukerjee

Sandip Mukerjee

President and Chief Executive Officer
Joseph M. Cawley

Joseph M. Cawley

Senior Vice President and Chief Information Officer
Aric Spitulnik

Aric Spitulnik

Chief Financial Officer
Douglas A. Rein

Douglas A. Rein

Senior Vice President of the Performance Systems and Operations
Tammy Ridgley

Tammy Ridgley

Vice President of Solution Development, Product, and Supply Chain Management
Mary Beth Smith

Mary Beth Smith

Vice President
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TESSCO Technologies Office Locations

TESSCO Technologies has offices in Cockeysville, Lutherville-Timonium, Reno and San Antonio
Cockeysville, US (HQ)
11126 McCormick Rd, Hunt Valley
Cockeysville, US
10999 McCormick Rd, Hunt Valley
Lutherville-Timonium, US
375 W Padonia Rd
Reno, US
4775 Aircenter Cir
San Antonio, US
5250 Prue Rd suite 475, building s4
Show all (5)

TESSCO Technologies Financials and Metrics

TESSCO Technologies Revenue

TESSCO Technologies's revenue was reported to be $540.30 m in FY, 2020
USD

Revenue (Q1, 2021)

119.8m

Gross profit (Q1, 2021)

18.8m

Gross profit margin (Q1, 2021), %

15.7%

Net income (Q1, 2021)

(4.6m)

EBIT (Q1, 2021)

(4.9m)

Market capitalization (14-Oct-2020)

50.6m

Closing stock price (14-Oct-2020)

5.8

Cash (28-Jun-2020)

900.0

EV

89.4m
TESSCO Technologies's current market capitalization is $50.6 m.
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

560.1m549.6m530.7m533.3m580.3m606.8m540.3m

Revenue growth, %

(2%)(3%)0%9%

Cost of goods sold

421.9m432.0m418.7m421.5m460.0m485.5m448.5m

Gross profit

138.2m117.6m112.0m111.8m120.2m121.4m91.8m
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

134.7m142.4m139.5m128.9m134.6m147.2m140.0m145.1m431.4m150.9m158.6m152.3m130.7m141.8m139.6m119.8m

Cost of goods sold

102.4m108.5m110.1m101.8m105.9m117.2m110.8m115.2m342.7m120.2m127.2m121.3m105.5m115.5m116.5m101.0m

Gross profit

32.2m33.9m29.5m27.1m28.8m30.0m29.2m29.9m88.7m30.7m31.4m31.0m25.3m26.3m23.1m18.8m

Gross profit Margin, %

24%24%21%21%21%20%21%21%21%20%20%20%19%19%17%16%
Annual
USDY, 2010Y, 2011FY, 2012Y, 2012FY, 2013Y, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Cash

7.7m8.2m18.2m18.2m4.5m4.5m11.5m7.5m16.9m8.5m19.4k30.3k50.0k

Accounts Receivable

88.7m82.2m15.4m6.8m64.8m87.9m94.0m82.9m

Prepaid Expenses

3.5m3.9m4.5m5.6m11.7m

Inventories

53.4m60.9m2.3m10.9m5.9m64.0m72.3m71.8m69.1m
Quarterly
USDQ1, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Cash

3.9m14.3m17.0m2.6m377.7k3.2m8.3m6.2m2.7m9.5m6.4m6.0m7.5m12.6m10.8m8.4m158.7k245.7k42.4k9.0k1.6k17.2k108.2k800.0900.0

Accounts Receivable

83.4m97.1m93.7m99.1m80.8m75.1m63.6m80.7m80.7m63.9m63.5m66.2m67.2m97.9m90.4m81.3m91.6m82.5m73.9m

Prepaid Expenses

3.9m4.1m3.0m3.3m2.6m2.4m4.7m3.5m10.4m4.9m6.0m7.6m9.1m6.9m14.4m

Inventories

51.5m57.6m76.3m65.0m66.5m66.2m62.4m73.0m81.8m65.1m4.4m89.7m74.6m101.4m84.1m70.8m69.7m
Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Net Income

16.4m17.8m16.2m8.6m5.3m1.4m5.2m5.5m(21.6m)

Depreciation and Amortization

4.8m5.0m4.9m4.6m4.7m4.2m4.0m3.6m4.0m

Inventories

(7.7m)(7.6m)(7.4m)18.5m(10.1m)(8.3m)477.6k2.7m

Accounts Payable

15.4m(13.1m)5.2m(9.8m)11.6m13.5m5.1m905.3k
Quarterly
USDQ1, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Net Income

4.6m4.2m9.5m14.9m4.3m8.9m13.3m3.7m7.2m8.9m1.7m4.4m7.3m80.5k1.1m2.3m682.9k1.8m4.0m1.2m2.3m5.1m(2.5m)(2.5m)(7.5m)(4.6m)

Depreciation and Amortization

1.2m1.2m2.5m3.7m1.2m2.5m3.7m1.2m2.4m3.5m1.1m2.3m3.6m1.2m2.3m3.4m989.6k3.0m937.1k1.8m2.7m960.8k2.1m2.9m1.2m

Inventories

5.7m(4.3m)(22.9m)(11.7m)(5.5m)(5.3m)(1.5m)(11.1m)(19.9m)(3.2m)4.4m(17.3m)(2.3m)(29.6m)(12.3m)1.1m(516.4k)

Accounts Payable

12.0m20.0m30.1m10.1m(5.8m)(6.4m)(21.1m)21.1m22.8m324.5k20.6m524.6k17.7m630.2k(11.5m)(704.0k)
Show all financial metrics

TESSCO Technologies Operating Metrics

TESSCO Technologies's Enterprise Customers was reported to be 12.5 k in FY, 2017.
FY, 2014FY, 2015FY, 2016FY, 2017

Consumer Customers

219 k272.30 k

Countries

90 90 100

Enterprise Customers

12.70 k12.40 k12.20 k12.50 k

Products

50 k
Show all operating metrics

TESSCO Technologies Cybersecurity Score

Cybersecurity ratingPremium dataset

C

79/100

SecurityScorecard logo

TESSCO Technologies Revenue Breakdown

Embed Graph

TESSCO Technologies revenue breakdown by business segment: 66.5% from Commercial Segment and 33.5% from Retail Segment

TESSCO Technologies Online and Social Media Presence

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TESSCO Technologies Frequently Asked Questions

  • When was TESSCO Technologies founded?

    TESSCO Technologies was founded in 1982.

  • Who are TESSCO Technologies key executives?

    TESSCO Technologies's key executives are Sandip Mukerjee, Joseph M. Cawley and Aric Spitulnik.

  • How many employees does TESSCO Technologies have?

    TESSCO Technologies has 678 employees.

  • What is TESSCO Technologies revenue?

    Latest TESSCO Technologies annual revenue is $540.3 m.

  • What is TESSCO Technologies revenue per employee?

    Latest TESSCO Technologies revenue per employee is $796.9 k.

  • Who are TESSCO Technologies competitors?

    Competitors of TESSCO Technologies include Ingram Micro, Tech Data and Anixter.

  • Where is TESSCO Technologies headquarters?

    TESSCO Technologies headquarters is located at 11126 McCormick Rd, Hunt Valley, Cockeysville.

  • Where are TESSCO Technologies offices?

    TESSCO Technologies has offices in Cockeysville, Lutherville-Timonium, Reno and San Antonio.

  • How many offices does TESSCO Technologies have?

    TESSCO Technologies has 5 offices.