Technical Communications Corporation Reports Results for the Three and Six Months Ended March 26, 2022
TECHNICAL COMMUNICATIONS (TCCO)
US:NASDAQ Investor Relations:
tccsecure.com/investors.aspx
Company Research
Source: GlobeNewswire
CONCORD, Mass., May 06, 2022 (GLOBE NEWSWIRE) -- Technical Communications Corporation (OTCQB: TCCO) today announced its results for the three and six months ended March 26, 2022. The Company reported a net loss of $(522,000), or $(0.28) per share, on revenue of $565,000 for the quarter ended March 26, 2022, compared to a net loss of $(329,000), or $(0.18) per share, on revenue of $617,000 for the quarter ended March 27, 2021. For the six months ended March 26, 2022, the Company reported a net loss of $(1,136,000), or $(0.61) per share, on revenue of $989,000, compared to a net loss of $(671,000), or $(0.36) per share, on revenue of $783,000 for the six months ended March 27, 2021. Carl H. Guild Jr., President and CEO of Technical Communications Corporation, commented, “The Company continues to be impacted by the international COVID pandemic as customers are just starting to re-engage in the procurement process. Customers had been reluctant to have in-person meetings and performan
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