Comtech (CMTL) Tops Q3 EPS by 14c, Updates Guidance
Comtech Telecommunications (NASDAQ: CMTL) reported Q3 EPS of $0.32, $0.14 better than the analyst estimate of $0.18. Revenue for the quarter came in at $88.9 million versus the consensus estimate of $77.5 million.
Comtech Telecommunications sees FY2014 revenue of $342-346 million, versus the consensus of $334.97 million, adjusted EBITDAis now expected to be in the range of $58.0 million to $60.0 million and GAAP diluted earnings per share is now expected to be in the range of $1.25 to $1.30.
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