The Board of Directors of TESSCO Technologies Inc. declared a quarterly cash dividend of $0.20 per common share payable on February 18, 2015 to holders of record on February 4, 2015.

The company reported unaudited consolidated earnings results for the third quarter and nine months ended December 28, 2014. For the quarter, the company reported revenues of $135,188,700 compared to $144,915,200 a year ago. Income from operations was $2,684,100 compared to $7,167,600 a year ago. Income before provision for income taxes was $2,622,800 compared to $7,129,800 a year ago. Net income was $1,681,200 or $0.20 per basic and diluted share compared to $4,420,500 or $0.53 per diluted share a year ago. Adjusted EBITDA was $4,093,800 or $0.49 per diluted share compared to $8,906,900 or $1.06 per diluted share a year ago. The company generated $13.6 million in cash from operations during the quarter.

For the nine months period, the company reported revenues of $436,656,800 compared to $435,550,000 a year ago. Income from operations was $14,623,100 compared to $21,720,800 a year ago. Income before provision for income taxes was $14,484,000 compared to $21,561,400 a year ago. Net income was $8,866,200 or $1.06 per diluted share compared to $13,293,800 or $1.60 per diluted share a year ago. Adjusted EBITDA was $19,063,300 or $2.28 per diluted share compared to $27,031,200 or $3.24 per diluted share a year ago.