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Comtech: Q1 Earnings Insights

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Benzinga Insights
·1 min read
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Shares of Comtech (NASDAQ:CMTL) rose 6.56% in after-market trading after the company reported Q1 results.

Quarterly Results

Earnings per share were down 53.12% year over year to $0.15, which beat the estimate of ($1.78).

Revenue of $135,218,000 declined by 20.58% from the same period last year, which beat the estimate of $124,910,000.

Looking Ahead

Comtech hasn't issued any earnings guidance for the time being.

Comtech hasn't issued any revenue guidance for the time being.

Conference Call Details

Date: Dec 09, 2020

View more earnings on CMTL

Time: 04:30 PM

ET Webcast URL: https://edge.media-server.com/mmc/p/ombcogum

Technicals

Company's 52-week high was at $37.34

Company's 52-week low was at $11.48

Price action over last quarter: Up 50.00%

Company Overview

Comtech Telecommunications Corp is a provider of advanced communications solutions. The company is engaged in designing, developing, producing and marketing products, systems, and services for communications solutions. It is engaged in two business segments, Commercial Solutions, and Government Solutions Segment.

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