TESSCO Technologies Incorporated (TESS)
TESSCO Technologies Incorporated operates in the Communication Equipment industry of the Technology sector, headquartered in Hunt Valley, MD, US. The stock last traded at $8.99, up 0.11% on the session, giving a market capitalisation of $83.3M. On trailing twelve-month figures it carries a trailing P/E of -19.13, a net margin of -1.0%. Its beta of 0.92 implies it has historically moved less than the broad market.
TESSCO Technologies Incorporated, founded in 1982 and based in Hunt Valley, Maryland, is a key player in the wireless infrastructure sector. The company manufactures and distributes a broad array of technology products and solutions for both domestic and international markets, operating primarily through its Carrier and Commercial business segments. Its extensive product range covers everything needed to build, maintain, and upgrade wireless broadband systems. This includes foundational base station infrastructure components like antennas, transmission lines, small towers, lightning protection, connectors, power systems, enclosures, grounding products, and mobile antennas. TESSCO also provides advanced network systems, offering fixed and mobile broadband radio equipment, wireless networking filters, distributed antenna systems, two-way radios, and security and surveillance technology. Furthermore, the company equips professionals with essential installation, testing, and maintenance tools. This includes specialized analysis equipment, various frequency, voltage, and power-measuring devices, along with general tools, hardware, GPS systems, safety gear, and replacement parts crucial for tuning and servicing wireless communications equipment. Under its Ventev brand, TESSCO sells these products to a wide and varied customer base. This includes major carrier and public network operators, tower owners, program managers, contractors and integrators, private system operators, all levels of government (federal, state, and local), manufacturers, national solutions providers, and value-added resellers.
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