UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): October 25, 2006
TESSCO Technologies Incorporated
(Exact name of registrant as specified in its charter)
Delaware |
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0-24746 |
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52-0729657 |
(State or other
jurisdiction of |
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(Commission File Number) |
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(IRS Employer |
11126 McCormick Road, Hunt Valley, Maryland 21031
(Address of principal executive offices) (Zip Code)
(410) 229-1000
(Registrants telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
ITEM 2.02. RESULTS OF OPERATIONS AND FINANCIAL CONDITION.
On October 25, 2006, TESSCO Technologies Incorporated (the Company) issued a press release (the October 25 Press Release) which contained, among other things, an announcement of the Companys financial results for the second quarter of fiscal 2007. A copy of the October 25 Press Release is furnished as Exhibit 99.1 to this Form 8-K.
The information in this Item 2.02, including the information in Exhibit 99.1 attached hereto pertaining to this Item 2.02, is furnished solely pursuant to Item 2.02 of this Form 8-K. Consequently, pursuant to this Item 2.02, it is not deemed filed for the purposes of Section 18 of the Securities Exchange Act of 1934, or otherwise subject to the liabilities of that Section. It may only be incorporated by reference in another filing under the Securities Exchange Act of 1934 or Securities Act of 1933 if such subsequent filing specifically references this Item 2.02 of this Form 8-K.
ITEM 8.01. OTHER EVENTS.
On October 25, 2006, the Company announced that the Companys Board of Directors had taken action to approve and declare a stock dividend, pursuant to which each holder of the Companys Common Stock, par value $0.01 per share, as of the close of business on November 15, 2006, will receive a stock dividend of one additional share for every two outstanding shares held. The Companys transfer agent will cause the additional shares to be issued on November 29, 2006.
ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS.
(a) Financial Statements of Businesses Acquired.
None.
(b) Pro Forma Financial Information.
None.
(d) Exhibits.
Exhibit No. |
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Description |
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99.1 |
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Press Release dated October 25, 2006 |
Information presented in this Current Report on Form 8-K may contain forward-looking statements and certain assumptions upon which such forward-looking statements are in part based. Numerous important factors, including those factors identified in the TESSCO Technologies Incorporated Annual Report on Form 10-K and other of the Companys filings with the Securities and Exchange Commission, and the fact that the assumptions set forth in this Current Report on Form 8-K could prove incorrect, could cause actual results to differ materially from those contained in such forward-looking statements.
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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TESSCO Technologies Incorporated |
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By: |
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/s/ David M. Young |
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David M. Young |
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Senior Vice President and Chief Financial Officer |
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Dated: October 25, 2006 |
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EXHIBIT INDEX
Exhibit No. |
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Description of Exhibit |
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99.1 |
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Press Release dated October 25, 2006 |
E-1