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Comtech: Fiscal Q4 Earnings Snapshot

Comtech: Fiscal Q4 Earnings Snapshot

MELVILLE, N.Y. (AP) — MELVILLE, N.Y. (AP) — Comtech Telecommunications Corp. (CMTL) on Thursday reported a loss of $3.5 million in its fiscal fourth quarter.

On a per-share basis, the Melville, New York-based company said it had a loss of 19 cents. Earnings, adjusted for amortization costs and stock option expense, were 29 cents per share.

The communications company posted revenue of $148.8 million in the period, surpassing Street forecasts. Three analysts surveyed by Zacks expected $140.1 million.