Comtech Telecom (CMTL) Tops Q2 EPS Views; Updates FY15 Guidance
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Comtech Telecommunications Corp. Declares $0.30 Per Share Quarterly Cash Dividend
March 11, 2015 4:16 PM EDTMELVILLE, N.Y.--(BUSINESS WIRE)-- March 11, 2015--Comtech Telecommunications Corp. (NASDAQ: CMTL) announced today that its Board of Directors declared a quarterly cash dividend of $0.30 per share, payable on May 21, 2015, to shareholders of record at the close of business on April 22, 2015. The dividend is the Companys nineteenth consecutive quarterly dividend. While future dividends will be... More
Comtech Telecommunications Corp. Announces Results for the Second Quarter of Fiscal 2015 and Provides Updated Fiscal 2015 Guidance
March 11, 2015 4:15 PM EDTMELVILLE, N.Y.--(BUSINESS WIRE)-- March 11, 2015--Comtech Telecommunications Corp. (NASDAQ: CMTL) today reported its operating results for the three and six months ended January 31, 2015.
Net sales for the three months ended January 31, 2015 were $81.8 million compared to $85.5 million for the three months ended January 31, 2014. The period-over-period decrease reflects lower net sales in all three of the Company's operating segments. GAAP net income was $7.6 million, or $0.46 per diluted share, for the three months ended January 31, 2015 as compared to $6.0 million, or $0.32 per diluted share, for the three months ended January 31, 2014.
Net sales for the six months ended January 31, 2015 were $158.2... More
