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Tessco Technologies Inc  (TESS)
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EARNINGS REPORT by CSIMarket

Losses Widen due Decrease in Demand

Tessco Technologies Inc announced third quarter 2019 operating shortfall of $-5.9739 millions

Midnight_By_Gamerscore_Blog_(Flickr)__[CC-BY-SA-2.0_(http_creativecommons.org_licenses_by-sa_2.0)]_via_Wikimedia_CommonLower demand led to lower revenues and higher losses, in the third quarter 2019 company posted loss at $-0.59 per share, while Sales fell by -8.35 % to $140 millions, year on year.

In the previous quarter company realized Sales of $142 millions and bottom line of $0.00 per share.

For the third quarter 2019 Tessco Technologies Inc logged net loss of $-5 million, instead of net income of $3 millions achieved in the same quarter a year before.


Tessco Technologies Inc is expected to report next financial results on May 11, 2020.


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Company Fail to Break-even Despite Surge in Sales

Flexpoint Sensor Systems Inc announced very strong Sales growth of 117.68 % year on year to $0.14 millions in the fourth quarter, but reached break-even at $-0.00.

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Durable goods orders down -0.18 %

Demand for durable goods remain volatile in January, but unfilled orders improved by 0.01 % to $1,157 billions.

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In the fourth quarter Heat Biologics Inc decreased loss of $-0.10 per share compare to $-0.16 a year ago and improved from $-0.18 per share from the previous quarter.

Sales decreased by -2.87 % to $2.00 millions from $2.06 millions in the same quarter a year ago and sequentially Sales doubled by 30946.99 % from $0.01 millions.

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Losses Widen, Topline Tumbles

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Results more than Doubled

Nocopi Technologies Inc has more than doubled it's results in the fourth quarter compare to same quarter a year ago, earnings per share more than doubled to $0.01 and Sales soared by 102.49 % to $0.97 millions.

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New orders fell -0.46 % in January

More detailed report on new orders from manufacturing sector, shows decline in January after a growth in December. As the wild swings in big-ticket purchases continue.

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In the fourth-quarter GDP grew 2.1 %

The U.S. economy grew at a solid pace during the October-through-December period,

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The output of the nation's factories, mines and utilities declined


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Chicken Soup For The Soul Entertainment Inc see it's fourth quarter results, effected by $7.70 million impairment of assets, company reports $-1.05 loss per share.

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Losses Widen but Revenues Unchanged

In the fourth quarter increased losses of $-0.78 per share compare to $-0.26 a year ago and increased losses from $-0.24 per share from the previous quarter.

Revenues remained unchanged to $0.00 millions from $0.00 millions in the same quarter a year ago and sequentially from $0.00 millions.

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Biolase Inc announced fourth quarter operating deficit of $-3.038 millions

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Other TESS's Earnings Reports

Tessco Technologies Inc reported second quarter 2019 earnings

Tessco Technologies Inc reported first quarter 2019 earnings

Tessco Technologies Inc reported forth quarter 2019 earnings

             
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