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Fourth Quarter 2022 Results FY22 | Q4 Rev. 051022 ©2022 TESSCO Technologies, Incorporated
Fourth Quarter 2022 Results
©2022 TESSCO Technologies, Incorporated2Welcome
President &CEOARICSPITULNIK
Forward -Looking Statements
Certain statements made byusduring this
presentation are forward -looking statements within
themeaning offederal securities laws. Tessco's
actual results may differ materially from those
discussed in any forward -looking statement.
Additional information concerning factors thatmay
cause such adifference canbefound inTessco's
public disclosure, including Tessco's most recent
report onForm 10-K,aswellasprior and
subsequently filed reports.4FY22 Highlights
Annual Operating Plan Results :
Revenue $418 M $408M to $425M
*Adj. EBITDA $0.3M -$2.6M to $0.4M
Net Loss -$3.3M -$5.5M to -$2.6MRevenue grew
*Adjusted EBITDA (from continuing operations) isaNon-GAAP
financial measure. Please seethediscussion ofNon-GAAP
Information andthereconciliation ofNon-GAAP toGAAP
results included asanexhibit totheQ4FY22 press release.
** Also achieved original guidance provided in July 2021.Numbers in this presentation are all from continuing operations unless noted5Fourth Quarter Highlights
Year over YearBacklog grew
Year over YearBookings up
Year over Year6Markets
12% Full Year Increase in Gross Profit
161% Increase in Backlog27% Full Year Increase in Gross Profit
82% Increase in BacklogC AR R I E R
Tier 1 Carrier Ecosystems 23%
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