In the Q4, Tessco Technologies Incorporated's corporate clients experienced a decline by -12.56 % in their costs of revenue, compared to a year ago, sequentially costs of revenue were trimmed by -10.5 %. During the corresponding time, Tessco Technologies Incorporated recorded a revenue increase by 2.88 % year on year, sequentially revenue fell by -9.03 %. While revenue at the Tessco Technologies Incorporated's corporate clients fell by -4.15 % year on year, sequentially revenue fell by -11.18 %.
Customers of Tessco Technologies Incorporated saw their costs of revenue decline by -12.56 % in Q4 compare to a year ago, sequentially costs of revenue were trimmed by -10.5 %, for the same period Tessco Technologies Incorporated recorded revenue increase by 2.88 % year on year, sequentially revenue fell by -9.03 %.
Tessco Technologies Incorporated's Comment on Sales, Marketing and Customers
We evaluate our business and customers as one segment. However, to provide investors
with increased visibility into the markets we serve, we report revenue and gross
profit by the following customer market units: (1) public carriers, contractors
and program managers that are generally responsible for building and maintaining
the infrastructure system and provide airtime service to individual subscribers;
(2) government system operators including federal agencies as well as state and
local governments that run wireless networks for their own use; (3) private system
operators such as major utilities and transportation companies that run wireless
networks for their own use; (4) commercial dealers and resellers that sell, install
and/or service cellular telephone, wireless networking, broadband and two-way
radio communications equipment primarily for the enterprise market; and (5) retailers,
dealer agents and carriers. Beginning in the third quarter of fiscal year 2015,
we began reporting private system operators and government operators as two separate
market units. All periods have been restated to reflect this change.
Tessco Technologies Incorporated’s Comment on Sales, Marketing and Customers
We evaluate our business and customers as one segment. However, to provide investors
with increased visibility into the markets we serve, we report revenue and gross
profit by the following customer market units: (1) public carriers, contractors
and program managers that are generally responsible for building and maintaining
the infrastructure system and provide airtime service to individual subscribers;
(2) government system operators including federal agencies as well as state and
local governments that run wireless networks for their own use; (3) private system
operators such as major utilities and transportation companies that run wireless
networks for their own use; (4) commercial dealers and resellers that sell, install
and/or service cellular telephone, wireless networking, broadband and two-way
radio communications equipment primarily for the enterprise market; and (5) retailers,
dealer agents and carriers. Beginning in the third quarter of fiscal year 2015,
we began reporting private system operators and government operators as two separate
market units. All periods have been restated to reflect this change.
Sources:
Tessco Technologies Incorporated’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: Tessco Technologies Incorporated’s corporate clients.
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