Comtech Telecom (CMTL) Tops Q4 EPS by 32c, Revenues Beat

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Go back to Comtech Telecom (CMTL) Tops Q4 EPS by 32c, Revenues Beat

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 EDT

MELVILLE, 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