Recap: Comtech Telecom Q2 Earnings

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Comtech Telecom CMTL reported its Q2 earnings results on Thursday, March 10, 2022 at 04:00 PM.

Here's what investors need to know about the announcement.

Earnings

Comtech Telecom beat estimated earnings by 72.73%, reporting an EPS of $-0.03 versus an estimate of $-0.11.

Revenue was down $40.91 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.01 which was followed by a 2.29% increase in the share price the next day.

Here's a look at Comtech Telecom's past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate -0.14 0.24   0.04
EPS Actual -0.15 0.23 0.26 0.27
Revenue Estimate 115.54M 149.66M 140.39M 137.88M
Revenue Actual 116.76M 145.81M 139.38M 161.29M

To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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