Comtech: Fiscal Q2 Earnings Snapshot
By AP News
Published - Mar 18, 2024, 04:48 PM ET
Last Updated - Mar 18, 2024, 04:48 PM EDT
MELVILLE, N.Y. (AP) — MELVILLE, N.Y. (AP) — Comtech Telecommunications Corp. (CMTL) on Monday reported a loss of $10.6 million in its fiscal second quarter.
The Melville, New York-based company said it had a loss of $1.07 per share. Losses, adjusted for one-time gains and costs, were 15 cents per share.
The communications company posted revenue of $134.2 million in the period, falling short of Street forecasts. Four analysts surveyed by Zacks expected $152.8 million.
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