Comtech Telecom: Q1 Earnings Insights

Comtech Telecom CMTL reported its Q1 earnings results on Thursday, December 9, 2021 at 04:00 PM.

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

Comtech Telecom missed estimated earnings by 7.14%, reporting an EPS of $-0.15 versus an estimate of $-0.14, which did not surprise analysts.

Revenue was up $18,459,000.00 from the same period last year.

Last quarter the company missed on EPS by $0.01, which was followed by a 10.84% drop in the share price the next day.

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

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	0.24		0.04	-1.78
EPS Actual	0.23	0.26	0.27	0.15
Revenue Estimate	149.66M	140.39M	137.88M	124.91M
Revenue Actual	145.81M	139.38M	161.29M	135.22M

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