Comtech Telecommunications (CMTL) Reports Q2 Loss, Misses Revenue Estimates

Comtech Telecommunications (CMTL) came out with a quarterly loss of $0.15 per share versus the Zacks Consensus Estimate of $0.28. This compares to loss of $0.23 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -153.57%. A quarter ago, it was expected that this communications company would post earnings of $0.26 per share when it actually produced earnings of $0.24, delivering a surprise of -7.69%.Over the last four quarters, th ...