Comtech Telecom (CMTL) Slashes Quarterly Dividend 66.7% to $0.10; 3.1% Yield

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Go back to Comtech Telecom (CMTL) Slashes Quarterly Dividend 66.7% to $0.10; 3.1% Yield

BMO Capital Cuts Price Target on Comtech Telecom (CMTL) to $16 Following 1Q

December 8, 2016 4:26 PM EST

BMO 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) Tops Q1 EPS by 5c

December 7, 2016 4:20 PM EST

Comtech 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