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Tessco net income down in last quarter

Tessco Technologies Inc., of Hunt Valley, a supplier of wireless communications equipment, reported a drop in net income and a rise in revenue for the quarter ended June 29. Net income was $3.7 million, or 44 cents per diluted share, compared with $4.3 million and 51 cents for the prior-year quarter. Revenue totaled $152.9 million for the quarter, up from $144.1 million for the same quarter last year.

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