
Annual report 2023
added 05-26-2023
TESSCO Technologies Incorporated Net Income 2011-2026 | TESS
Net profit is a financial indicator that reflects the remaining amount of money after deducting all expenses and taxes from the company’s total income over a certain period of time. It is one of the key indicators of a company’s financial stability and success.
Net profit is the portion of total profit remaining after taxes and depreciation have been deducted.[1]
It is the result of a company’s operations and reflects its efficiency in managing resources, controlling expenses, and generating income. It includes all operating revenues and expenses, such as sales of goods or services, production costs, administrative expenses, taxes, and other financial metrics.
The calculation of net profit includes the deduction of all necessary expenses such as employee salaries, rent, utilities, taxes, and other mandatory payments. After all these expenses are deducted from the total income, the remaining amount is considered the company’s net profit.
Net profit is an important indicator of a company’s financial health, as it reflects its ability to generate earnings and manage its finances. High net profit indicates business success, competitiveness, and efficiency in resource utilization. It also allows a company to invest in its development, pay dividends to shareholders, or create reserve funds for unforeseen situations.
It serves as a basis for calculating other financial indicators, such as return on sales, return on assets, or return on equity. It is also used to assess the performance of management and make decisions regarding the future development of the company.
However, it should be noted that net profit can be affected by various factors, such as economic conditions, changes in legislation, market competition, and other external influences. Therefore, companies must be prepared for possible changes and take measures to ensure the stability of their financial results.
Annual Net Income TESSCO Technologies Incorporated
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -4.35 M | -2.7 M | -8.74 M | -21.6 M | 5.55 M | 5.2 M | 1.45 M | 5.34 M | 8.63 M | 16.2 M | 17.8 M | 16.4 M | 10 M |
All numbers in USD currency
Indicator range from annual reports
| Maximum | Minimum | Average |
|---|---|---|
| 17.8 M | -21.6 M | 3.78 M |
Quarterly Net Income TESSCO Technologies Incorporated
| 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 425 K | 1.29 M | -275 K | - | 1.46 M | -1.09 M | -1.72 M | -1.72 M | -914 K | -914 K | -267 K | -4.63 M | -5.02 M | -5.02 M | 22 K | -2.49 M | 2.7 M | 2.7 M | 1.19 M | 1.17 M | 1.57 M | 1.77 M | 683 K | 683 K | 1.23 M | 1.23 M | 994 K | 80.5 K | 2.89 M | 7.33 M | 4.44 M | 1.7 M | 1.68 M | 1.68 M | 3.51 M | 3.67 M | 4.42 M | 4.42 M | 4.58 M | 4.29 M | 5.4 M | 5.4 M | 5.27 M | 4.21 M | 4.77 M | 4.77 M | 3.54 M | 4.57 M |
All numbers in USD currency
Indicator range from quarterly reporting
| Maximum | Minimum | Average |
|---|---|---|
| 7.33 M | -5.02 M | 1.65 M |
References
- Bhamornsiri, S., & Wiggins, C. (2001). Comprehensive income disclosures. The CPA Journal, 71(10), 54.
Net Income of other stocks in the Communication equipment industry
| Issuer | Net Income | Price | % 24h | Market Cap | Country | |
|---|---|---|---|---|---|---|
|
AudioCodes Ltd.
AUDC
|
15.3 M | $ 7.36 | 1.8 % | $ 222 M | ||
|
EchoStar Corporation
SATS
|
-125 M | $ 114.03 | 3.19 % | $ 31.3 B | ||
|
Aviat Networks
AVNW
|
1.34 M | $ 25.14 | 0.4 % | $ 319 M | ||
|
Akoustis Technologies
AKTS
|
-63.6 M | - | -6.6 % | $ 2.54 M | ||
|
Донской завод радиодеталей
DZRD
|
153 M | - | - | - | ||
|
Blonder Tongue Laboratories
BDR
|
-2.92 M | - | -3.94 % | $ 4.09 M | ||
|
Casa Systems
CASA
|
-79.2 M | - | -36.36 % | $ 3.66 M | ||
|
Cisco Systems
CSCO
|
10.2 B | $ 76.71 | 2.27 % | $ 305 B | ||
|
BK Technologies Corporation
BKTI
|
-2.23 M | $ 83.62 | 2.08 % | $ 299 M | ||
|
Boxlight Corporation
BOXL
|
-28.3 M | $ 1.3 | -7.21 % | $ 2.55 M | ||
|
Ciena Corporation
CIEN
|
84 M | $ 300.66 | 2.58 % | $ 43.5 B | ||
|
Ceragon Networks Ltd.
CRNT
|
24.1 M | $ 2.27 | -0.22 % | $ 196 M | ||
|
Clearfield
CLFD
|
-8.05 M | $ 32.49 | 2.64 % | $ 455 M | ||
|
CalAmp Corp.
CAMP
|
-56.3 M | $ 3.91 | -10.93 % | $ 134 M | ||
|
CommScope Holding Company
COMM
|
6.8 M | - | - | $ 4.16 B | ||
|
ClearOne
CLRO
|
-8.98 M | $ 6.33 | -2.47 % | $ 152 M | ||
|
Cambium Networks Corporation
CMBM
|
-77.4 M | $ 1.23 | -4.65 % | $ 33.8 M | ||
|
Comtech Telecommunications Corp.
CMTL
|
-155 M | $ 5.87 | 2.98 % | $ 173 M | ||
|
Telefonaktiebolaget LM Ericsson (publ)
ERIC
|
23 B | $ 11.03 | 0.5 % | $ 16.3 B | ||
|
Acacia Communications, Inc.
ACIA
|
90.4 M | - | - | $ 4.9 B | ||
|
EXFO Inc.
EXFO
|
-9.54 M | - | 0.08 % | $ 356 M | ||
|
Communications Systems, Inc.
JCS
|
-1.8 M | - | 1.28 % | $ 16.3 M | ||
|
Gilat Satellite Networks Ltd.
GILT
|
24.8 M | $ 13.79 | 4.08 % | $ 786 M | ||
|
Digi International
DGII
|
40.8 M | $ 47.78 | 3.21 % | $ 1.77 B | ||
|
Sierra Wireless
SWIR
|
-89 M | - | 0.03 % | $ 1.62 B | ||
|
Siyata Mobile
SYTA
|
-23.6 M | - | -4.66 % | $ 5.58 M | ||
|
Harmonic
HLIT
|
39.2 M | $ 10.62 | 4.63 % | $ 1.22 B | ||
|
Vocera Communications, Inc.
VCRA
|
-9.66 M | - | -1.5 % | $ 2.03 B | ||
|
Extreme Networks
EXTR
|
-7.47 M | $ 14.39 | 1.77 % | $ 1.9 B | ||
|
DZS
DZSI
|
-135 M | - | -50.0 % | $ 14.6 M | ||
|
Ituran Location and Control Ltd.
ITRN
|
53.7 M | $ 47.28 | 1.24 % | $ 941 M | ||
|
Lumentum Holdings
LITE
|
25.9 M | $ 551.3 | -5.51 % | $ 38 B | ||
|
Nokia Corporation
NOK
|
1.64 B | $ 7.02 | 0.57 % | $ 21.5 B | ||
|
Network-1 Technologies
NTIP
|
-3.03 M | $ 1.48 | 3.87 % | $ 34.4 M | ||
|
KVH Industries
KVHI
|
-15.4 M | $ 6.7 | 7.98 % | $ 128 M | ||
|
Ondas Holdings
ONDS
|
-44.8 M | $ 9.29 | 3.57 % | $ 490 M | ||
|
Infinera Corporation
INFN
|
-25.2 M | - | - | $ 1.51 B | ||
|
Inseego Corp.
INSG
|
-48.1 M | $ 9.83 | -0.51 % | $ 1.01 B | ||
|
Frequency Electronics
FEIM
|
23.7 M | $ 46.75 | 4.39 % | $ 449 M | ||
|
Iteris
ITI
|
3.13 M | - | - | $ 308 M | ||
|
Juniper Networks
JNPR
|
288 M | - | - | $ 13.1 B | ||
|
Impinj
PI
|
-10.8 M | $ 121.15 | 9.73 % | $ 3.55 B | ||
|
Lantronix
LTRX
|
-11.4 M | $ 5.44 | 2.28 % | $ 210 M | ||
|
Maxar Technologies
MAXR
|
-150 M | - | 0.01 % | $ 4.17 B | ||
|
Knowles Corporation
KN
|
44.2 M | $ 27.07 | 1.58 % | $ 2.34 B | ||
|
Sonim Technologies
SONM
|
-33.6 M | $ 5.77 | -5.02 % | $ 27.2 M | ||
|
Motorola Solutions
MSI
|
2.15 B | $ 460.6 | 1.57 % | $ 76.7 B | ||
|
Viasat
VSAT
|
-1.07 B | $ 48.76 | 4.57 % | $ 5.71 B | ||
|
NETGEAR
NTGR
|
12.4 M | $ 21.85 | 6.82 % | $ 632 M |