Comtech Telecom (CMTL) Tops Q4 EPS by 14c, Offers FY Guidance
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Comtech Telecommunications Corp. Announces Results for Fiscal 2018 Fourth Quarter and Full Year and Provides Fiscal 2019 Guidance
September 26, 2018 4:45 PM EDTMELVILLE, N.Y.--(BUSINESS WIRE)-- September26, 2018- Comtech Telecommunications Corp. (NASDAQ: CMTL) today reported its operating results for the fourth quarter and fiscal year ended July31, 2018. The Company also announced financial targets for its 2019 fiscal year.
2018 Fourth Quarter Highlights
Net sales for the fourth quarter of fiscal 2018 were $167.4 million as compared to the $147.8 million achieved during the fourth quarter of fiscal 2017. Bookings during the fourth quarter of fiscal 2018 were $214.4 million, with a company-wide book-to-bill ratio (a measure defined as bookings divided by net sales) of 1.28.... More