Comtech Telecom (NASDAQ: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.
Earnings
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.
Past Earnings Performance
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.
