FAQs

  1. What is TESSCO’s stock ticker symbol and on which exchange does it trade?
  2. What is TESSCO’s current stock price?
  3. Who is the Transfer Agent for TESSCO Stock?
  4. Does TESSCO have a Direct Stock Purchase Plan?
  5. What is TESSCO’s CUSIP number?
  6. Can you alert me when TESSCO issues news releases?
  7. How do I contact Investor Relations/Shareholder Relations?
  8. When is TESSCO’s Annual Meeting of Shareowners?
  9. When was TESSCO’s initial public offering, and what was the opening price?
  10. Has the TESSCO common stock split?
  11. How many TESSCO shares are outstanding?
  12. What is TESSCO’s dividend policy?
  13. Who is the independent public accountant for TESSCO?
  14. When will TESSCO announce quarterly earnings?
  15. What is TESSCO’s fiscal year calendar?
  16. Which analysts follow TESSCO stock?
  17. How do I get copies of the coverage reports by the analysts?
  18. How can I get TESSCO’s annual report, quarterly earnings reports, proxy statements and 10-K and 10-Q filings?
  19. When did TESSCO begin operations and in what state is it incorporated?
  20. What companies has TESSCO acquired in the past five years?
  21. What are TESSCO’s principal products?
  22. How many employees does TESSCO currently have?
  23. With which other companies does TESSCO compete?

What is TESSCO’s stock ticker symbol and on which exchange does it trade?
TESSCO’s symbol is TESS and is traded on the NASDAQ Global Market.
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What is TESSCO’s current stock price?
Click here to view the current stock price, chart the stock’s price or volume changes, and to view historical price and volume information by date.
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Who is the Transfer Agent for TESSCO Stock?
TESSCO’s transfer agent is Wells Fargo Shareowner Services. If you hold shares registered in your name, you may contact Wells Fargo directly to inquire about your account or to make any changes. You may contact Wells Fargo at the following:

Wells Fargo Shareowner Services
PO Box 64874
St Paul, MN 55164-0854
(800) 468-9716
https://www.shareowneronline.com
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Does TESSCO have a Direct Stock Purchase Plan?
We are pleased to offer a direct stock purchase plan for TESSCO Technologies Incorporated Common Stock. This program provides you, as a new or existing shareowner, with a convenient alternative to the traditional methods of buying, holding and selling stock. Click here if you are an existing registered shareholder of TESSCO that wishes to access your account online, check account balances, change your personal information, or conduct purchase and sale transactions. If you are a new or prospective investor that would like to learn more about the TESSCO Investor Services Program, click here to learn more about this convenient, low-cost, and easy way for you to invest in TESSCO.    
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What is TESSCO’s CUSIP number?
The CUSIP number for TESSCO common stock is 872386 10 7
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Can you alert me when TESSCO issues news releases?
Yes. You may click here to sign-up to receive e-mail alerts when TESSCO issues news releases, financial reports or files reports with the Securities and Exchange Commission.
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How do I contact Investor Relations/Shareholder Relations?

Sharon Merrill Associates, Inc.
David C. Calusdian
Executive Vice President & Partner
Phone: 617.542.5300
Email: dcalusdian@investorrelations.com

Click Here to Request Investor Relations Materials.
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When is TESSCO’s Annual Meeting of Shareowners?
The Annual Meeting of Shareowners is scheduled to be held Tuesday July 25, 2016.
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When was TESSCO’s initial public offering, and what was the opening price?
On September 28, 1994, TESSCO offered 4,916,250 shares at $7.11 per share.
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Has the TESSCO common stock split?
Yes. Most recently on April 23, 2010, the Board of Directors took action to effect a 3-for-2 stock split in the form of a stock dividend. On May 26, 2010, common shareholders received a stock dividend of one additional share for every two shares held as of the close of business on May 12, 2010.
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How many TESSCO shares are outstanding?
8,304,703 shares outstanding as of June 26, 2016.
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What is TESSCO’s dividend policy?
In August 2009, TESSCO initiated a dividend program with a quarterly cash dividend of $0.10 per share of the Company’s common stock. TESSCO has continued to pay a cash dividend every quarter. The amount of the dividend has been gradually increased to $0.20 per share. In addition, the Board of Directors declared a special one-time cash dividend of $0.75 per share on TESSCO’s common stock payable on December 27, 2012 to shareholders of record on December 13, 2012. Any future declaration of dividends, and the establishment of any corresponding record and payment dates, remains subject to further determination from time to time by the Board of Directors.
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Who is the independent public accountant for TESSCO?
Ernst & Young LLP
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When will TESSCO announce quarterly earnings?
TESSCO generally releases its quarterly results approximately 30 days following the end of each quarter. Conference calls associated with the release of results will be scheduled and announced on this Website and via news release. Please check our Events page for any scheduled events.
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What is TESSCO’s fiscal year calendar?
The Company's fiscal year is the 52 or 53 weeks ending on the Sunday falling on or between March 26 and April 1 to allow the financial year to better reflect the Company's natural weekly accounting and business cycle:

Q1 ends: June
Q2 ends: September
Q3 ends: December
Q4 ends: March
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Which analysts follow TESSCO stock?
William Blair & Company
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How do I get copies of the coverage reports by the analysts?
You should contact the analysts and/or the coverage firms directly.
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How can I get TESSCO’s annual report, quarterly earnings reports, proxy statements and 10-K and 10-Q filings?
Most of TESSCO’s financial documents are available for viewing on this Web site. Click here to view quarterly earnings reports in PDF format. Click here to view archived 10-K's, 10-Q's, Proxy Statements and other SEC filings in Microsoft Word, Microsoft Excel or PDF format. If you would like a hard copy of any of these documents, you may click on the Financial Information Request Form below, or send your request by regular mail to:

TESSCO Technologies Incorporated
Investor Relations
11126 McCormick Road
Hunt Valley, MD 21031

Financial Information Request Form.
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When did TESSCO begin operations and in what state is it incorporated?
We began our “total source” operations in 1982 and reincorporated as a Delaware corporation in 1987. The Company is headquartered in Hunt Valley, MD.
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What companies has TESSCO acquired in the past five years?
On July 2, 2007, the Company acquired substantially all non-cash business assets of NetForce Solutions, Inc., a provider of technical and sales training solutions to the wireless, telecommunications, and networking industries. This acquisition enhances TESSCO’s Your Total Source education offering by adding more than 50 technical and sales training courses and customized programs. The Company’s training team now offers courses delivered through hands-on, instructor-led training in areas such as: test equipment, fiber optics, IP-based services, WLAN, broadband, retail sales, and next-generation wireless.

On April 21, 2006, the Company acquired substantially all the non-cash net assets of TerraWave Solutions, Ltd. and its commonly owned affiliate, GigaWave Technologies, Ltd.

The TerraWave business (TerraWave), now owned by TESSCO, designs, configures and offers 802.11 Wi-Fi products and accessories, many of which are branded under TerraWave's private label. Some of the TerraWave-branded products are sold with products of Cisco Systems under Cisco's Strategic Technology Integrator program. The GigaWave business (GigaWave), now owned by TESSCO, provides curriculum development and hands-on, instructor-led, training courses for the Wireless Local Area Network (WLAN) industry. GigaWave develops and delivers wireless networking courseware for Cisco Systems, allowing IT professionals to obtain Cisco Wireless Certifications.
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What are TESSCO’s principal products?
Click here for TESSCO’s wireless products and solutions.
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How many employees does TESSCO currently have?
As of March 27, 2016, we have approximately 786 full-time equivalent employees.
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With which other companies does TESSCO compete?
The wireless communications distribution industry is competitive and fragmented, and is comprised of distributors, such as Superior Communications, Anixter and Genco ATC Logistics in our retail segment and Hutton Communications, KPG Logistics, Westcon, Comstor, Tech Data, Ingram Micro, Site Pro1, Winncom, Talley Communications and Alliance Corporation in our commercial segment. In addition, many manufacturers sell and fulfill directly to customers. Barriers to entry for distributors are relatively low, particularly in the mobile devices and accessory market, and the risk of new competitors entering the market is high. In addition, the agreements or arrangements with our customers or vendors looking to us for product and supply chain solutions are typically of limited duration and are terminable by either party upon several months or otherwise short notice. Accordingly, our ability to maintain these relationships is subject to competitive pressures and challenges. Some of our current competitors have substantially greater capital resources and sales and distribution capabilities than we do. In response to competitive pressures from any of our current or future competitors, we may be required to lower selling prices in order to maintain or increase market share, and such measures could adversely affect our operating results. We believe, however, that our strength in service, the breadth and depth of our product offering, our information technology system, our knowledge and expertise in wireless technologies and the wireless marketplace, and our large customer base and purchasing relationships with approximately 406 manufacturers, provide us with a significant competitive advantage over new entrants to the market.
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