Comtech Telecommunications Corp. Announces Results for Its Fiscal 2020 Second Quarter and Updates Fiscal 2020 Guidance

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Go back to Comtech Telecommunications Corp. Announces Results for Its Fiscal 2020 Second Quarter and Updates Fiscal 2020 Guidance

Comtech Telecom (CMTL) Tops Q2 EPS by 10c, Offers Guidance

March 4, 2020 4:07 PM EST

Comtech Telecom (NASDAQ: CMTL) reported Q2 EPS of $0.32, $0.10 better than the analyst estimate of $0.22. Revenue for the quarter came in at $161.7 million versus the consensus estimate of $170.25 million.

GUIDANCE:

Comtech Telecom sees FY2020 EPS of $1.42 vs $1.33 expected.

Comtechs updated GAAP EPS target for fiscal 2020 is $1.08. This GAAP EPS metric reflects all... More