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Comtech: Fiscal Q2 Earnings Snapshot
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CHANDLER, Ariz. (AP) — CHANDLER, Ariz. (AP) — Comtech Telecommunications Corp. (CMTL) on Wednesday reported a loss of $48.7 million in its fiscal second quarter.
On a per-share basis, the Chandler, Arizona-based company said it had a loss of 76 cents. Losses, adjusted for amortization costs and restructuring costs, came to 35 cents per share.
The communications company posted revenue of $126.6 million in the period, which beat Street forecasts. Three analysts surveyed by Zacks expected $117 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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