Technical Communications Corporation Reports Earnings Results for the Third Quarter Ended June 27, 2020
August 07, 2020 at 04:45 pm EDT
Technical Communications Corporation announced earnings results for the third quarter ended June 27, 2020. For the third quarter, the company announced sales was USD 599,000 compared to USD 1.234 million a year ago. Operating loss was USD 483,000 compared to USD 329,000 a year ago. Net loss was USD 482,000 compared to USD 326,000 a year ago. Basic loss per share was USD 0.26 compared to USD 0.18 a year ago. For the nine months, sales was USD 1.987 million compared to USD 4.275 million a year ago. Operating loss was USD 1.325 million compared to USD 414,000 a year ago. Net loss was USD 1.324 million compared to USD 401,000 a year ago. Basic loss per share was USD 0.72 compared to USD 0.22 a year ago.