Comtech Telecom (CMTL) Misses Q4 EPS by 1c
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Comtech Telecommunications Corp. Reports Strong Results for Fourth Quarter and Fiscal 2021 and Provides Initial Financial Targets for Fiscal 2022
October 4, 2021 4:02 PM EDTPresident and COO Michael Porcelain to become Chief Executive Officer by Calendar Year End
MELVILLE, N.Y.--(BUSINESS WIRE)-- October 4, 2021 Comtech Telecommunications Corp. (NASDAQ: CMTL) today reported its operating results for the fourth quarter and fiscal year ended July 31, 2021. The Company also provided its initial financial targets for fiscal 2022 and announced a senior leadership transition.
Fiscal 2021 Fourth Quarter Highlights
Consolidated net sales for the fourth quarter of fiscal 2021 were $145.8 million, GAAP net income was $7.4 million and Adjusted EBITDA was $26.4 million... More