Tessco (TESS) FQ3 earnings beat estimates across the board on a surge in retail sales, reporting...

|By:, SA News Editor

Tessco (TESS) FQ3 earnings beat estimates across the board on a surge in retail sales, reporting an EPS of $0.59 compared to $0.38 in the prior year period. Revenue rose by 35% to $226M compared to last year's $148M. Gross profit grew by 17% to $39.5M, and operating margin improved to 3.5% from 2.6%. Shares +2.9% AH.