Comtech Telecom (CMTL) Declares $0.10 Quarterly Dividend; 3.2% Yield

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Comtech Sinks 15% on Weak Outlook, CEO Says Worried About Economy Like Elon and Jamie

June 9, 2022 4:53 PM EDT

Comtech Telecom (NASDAQ: CMTL) shares plunged around 15% after-hours following the companys reported Q3 results. While EPS of $0.06 came in line with the consensus estimate, and revenue of $122.1 million was just slightly below the consensus estimate of $122.44 million, the companys Q4 guidance missed the... More