Technical Communications Corporation Reports Earnings Results for the Second Quarter Ended March 28, 2020
May 27, 2020 at 05:02 pm EDT
Technical Communications Corporation announced earnings results for the second quarter ended March 28, 2020. For the second quarter, the company announced sales was USD 723,000 compared to USD 1.928 million a year ago. Operating loss was USD 361,000 compared to operating Income of USD 168,000 a year ago. Net loss was USD 361,000 compared to net income of USD 173,000 a year ago. Basic loss per share was USD 0.2 compared to basic earnings per share of USD 0.09 a year ago. For the half year, sales was USD 1.389 million compared to USD 3.041 million a year ago. Operating loss was USD 842,000 compared to USD 85,000 a year ago. Net loss was USD 842,000 compared to USD 75,000 a year ago. Basic loss per share was USD 0.46 compared to USD 0.04 a year ago.