Comtech: Fiscal Q4 Earnings Snapshot

Associated Press Finance
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MELVILLE, N.Y. (AP) — MELVILLE, N.Y. (AP) — Comtech Telecommunications Corp. (CMTL) on Thursday reported a loss of $3.5 million in its fiscal fourth quarter.

The Melville, New York-based company said it had a loss of 19 cents per share. Earnings, adjusted for amortization costs and stock option expense, came to 29 cents per share.

The communications company posted revenue of $148.8 million in the period, surpassing Street forecasts. Three analysts surveyed by Zacks expected $140.1 million.

For the year, the company reported a loss of $26.9 million, or $1.21 per share. Revenue was reported as $550 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CMTL at https://www.zacks.com/ap/CMTL

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