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Comtech: Fiscal Q1 Earnings Snapshot
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CHANDLER, Ariz. (AP) — CHANDLER, Ariz. (AP) — Comtech Telecommunications Corp. (CMTL) on Monday reported a loss of $148.4 million in its fiscal first quarter.
The Chandler, Arizona-based company said it had a loss of $5.29 per share. Losses, adjusted for asset impairment costs and restructuring costs, came to $1.27 per share.
The communications company posted revenue of $115.8 million in the period, which did not meet Street forecasts. Four analysts surveyed by Zacks expected $125.5 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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