Technical Communications Corporation Reports Results for the Year Ended September 24, 2022
TECHNICAL COMMUNICATIONS (TCCO)
US:NASDAQ Investor Relations:
tccsecure.com/investors.aspx
Company Research
Source: GlobeNewswire
CONCORD, Mass., Dec. 14, 2022 (GLOBE NEWSWIRE) -- Technical Communications Corporation (OTCQB: TCCO) today announced its results for the year ended September 24, 2022. The Company reported a net loss of $(2,331,000), or $(1.26) per share, on revenue of $1,304,000 for the year ended September 24, 2022, compared to a net loss of $(1,088,000), or $(0.59) per share, on revenue of $1,866,000 for the year ended September 25, 2021. Carl H. Guild Jr., President and CEO of Technical Communications Corporation, commented, “The Company continues to be impacted by the international COVID pandemic. We have started to see progress in more and more countries toward the resumption of the procurement process, including product demonstration requests, remote training and the receipt of formal requests for quotations. We will continue to work closely with these customers in order to be able to move quickly once they are in a position to place orders. In the meantime, TCC continues to closely monitor
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