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Comtech Telecommunications (CMTL) Reports Q2 Loss, Misses Revenue Estimates
CMTLComtech Telecommunications(CMTL) Zacks Investment Research·2024-03-18 22:46

Comtech Telecommunications (CMTL) came out with a quarterly loss of 0.15pershareversustheZacksConsensusEstimateof0.15 per share versus the Zacks Consensus Estimate of 0.28. This compares to loss of 0.23pershareayearago.Thesefiguresareadjustedfornonrecurringitems.Thisquarterlyreportrepresentsanearningssurpriseof153.570.23 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 ...