Comtech Telecom (NASDAQ: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 |
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This article was generated by Benzinga’s automated content engine and reviewed by an editor.
