TESSCO Technologies Incorporated reported earnings results for the second quarter and six months ended September 25, 2022. For the second quarter, the company reported sales was USD 120.51 million compared to USD 108.54 million a year ago. Net income was USD 1.14 million compared to net loss of USD 0.8267 million a year ago. Basic earnings per share from continuing operations was USD 0.13 compared to basic loss per share from continuing operations of USD 0.14 a year ago. Diluted earnings per share from continuing operations was USD 0.13 compared to diluted loss per share from continuing operations of USD 0.14 a year ago. Basic earnings per share was USD 0.12 compared to basic loss per share of USD 0.09 a year ago. Diluted earnings per share was USD 0.12 compared to diluted loss per share of USD 0.09 a year ago.
For the six months, sales was USD 232.67 million compared to USD 213.49 million a year ago. Net income was USD 0.8658 million compared to net loss of USD 2.54 million a year ago. Basic earnings per share from continuing operations was USD 0.07 compared to basic loss per share from continuing operations of USD 0.39 a year ago. Diluted earnings per share from continuing operations was USD 0.07 compared to diluted loss per share from continuing operations of USD 0.39 a year ago. Basic earnings per share was USD 0.1 compared to basic loss per share of USD 0.29 a year ago. Diluted earnings per share was USD 0.09 compared to diluted loss per share of USD 0.29 a year ago.