Comtech Telecommunications Corp. Announces Results for First Quarter of Fiscal 2017 and Confirms Its Fiscal 2017 Guidance
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BMO Capital Cuts Price Target on Comtech Telecom (CMTL) to $16 Following 1Q
December 8, 2016 4:26 PM ESTBMO Capital maintained an Outperform rating on Comtech Telecom (NASDAQ: CMTL), and cut the price target to $16.00 (from $18.00), following the company's 1Q earnings report. Reported revenue was $136 million, lower than the consensus estimates of $131 million, owing to weaker Government business compared with our expectations.... More
Comtech Telecom (CMTL) Slashes Quarterly Dividend 66.7% to $0.10; 3.1% Yield
December 7, 2016 4:21 PM ESTComtech Telecom (NASDAQ: CMTL) declared a quarterly dividend of $0.10 per share, or $0.4 annualized. This is a 66.7% decrease from the prior dividend of $0.30.
The dividend will be payable on February 17, 2017, to stockholders of record on January 18, 2017, with an ex-dividend date of January 13,... More
Comtech Telecom (CMTL) Tops Q1 EPS by 5c
December 7, 2016 4:20 PM ESTComtech Telecom (NASDAQ: CMTL) reported Q1 EPS of ($0.11), $0.05 better than the analyst estimate of ($0.16). Revenue for the quarter came in at $135.8 million versus the consensus estimate of $139.1 million.
GUIDANCE:
Comtech Telecom sees FY2017 EPS of $0.30, versus the consensus of $0.29. Comtech... More
