Trading Volume Spiked Following These 2 Reports

  Google+ | + More Articles
  • Like on Facebook
  • Share on Google+
  • Share on LinkedIn

Comtech Telecommunications Corp. (NASDAQ:CMTL) delivered a profit and beat Wall Street’s expectations, BUT came up short on beating the revenue expectation. Adjusted Earnings Per Share decreased 48.15% to $0.14 in the quarter versus EPS of $0.27 in the year-earlier quarter. Revenue Decreased 24.77% to $74.58 million from the year-earlier quarter.

Comtech Telecommunications Corp. reported adjusted EPS income of $0.14 per share. By that measure, the company beat the mean analyst estimate of $0.11. It missed the average revenue estimate of $77.12 million.

Markets are at 5-year highs! Discover the best stocks to own. Click here for our fresh Feature Stock Pick now!

CMTL

More Articles About:

To contact the reporter on this story: staff.writers@wallstcheatsheet.com To contact the editor responsible for this story: editors@wallstcheatsheet.com

Yahoo Finance, Harvard Business Review, Market Watch, The Wall St. Journal, Financial Times, CNN Money, Fox Business