Comtech Telecom (CMTL) Tops Q4 EPS by 32c, Revenues Beat
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Comtech Telecommunications Corp. Announces Results for Fiscal 2020 Fourth Quarter and Full Year and Provides Comments and Financial Targets for Fiscal 2021
September 29, 2020 4:01 PM EDTMELVILLE, N.Y.--(BUSINESS WIRE)-- September 29, 2020-- Comtech Telecommunications Corp. (NASDAQ: CMTL) today reported its operating results for the fourth quarter and fiscal year ended July 31, 2020. The Company also provided forward-looking comments and financial targets for fiscal 2021.
2020 Fourth Quarter Highlights
Consolidated net sales for the fourth quarter of fiscal 2020 were solid at $149.7 million, which represents a sequential increase of 10.8% as compared to the $135.1 million achieved during the Companys third quarter ended April 30, 2020. With bookings of $159.7 million, the Company achieved a... More