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BRIEF-Comtech Telecommunications Q1 GAAP Loss Per Share $0.07 [Reuters]

COMTECH TELECOM (CMTL)  More Company Research Source: Reuters
Last comtech telecom earnings: 9/26 04:45 pm Check Earnings Report
US:NASDAQ Investor Relations: comtechtel.com/ir.cfm
PDF BRIEF-Comtech Telecommunications Q1 GAAP Loss Per Share $0.07 | Reuters Reuters Staff 2 Min Read Dec 6 (Reuters) - Comtech Telecommunications Corp: * ANNOUNCES RESULTS FOR FISCAL 2018 FIRST QUARTER AND UPDATES ITS FISCAL 2018 GUIDANCE * Q1 SALES $121.6 MILLION VERSUS I/B/E/S VIEW $106.9 MILLION * Q1 EARNINGS PER SHARE VIEW $-0.29 -- THOMSON REUTERS I/B/E/S * AS OF OCTOBER 31, 2017, COMPANY HAD BACKLOG OF $490.4 MILLION * COMTECH TELECOMMUNICATIONS - NET SALES FOR Q2 OF FISCAL 2018 EXPECTED TO BE LOWER THAN ITS Q2 OF FISCAL 2017 * INCREASING ITS GAAP DILUTED EPS 2018 GOAL TO A NEW RANGE OF $0.44 TO $0.46 * EXPECTS TO REPORT AN OPERATING LOSS AND NET LOSS IN Q2 OF FISCAL 2018 * EXPECTS EACH OF THIRD AND FOURTH QUARTERS OF FISCAL 2018 ACHIEVING OPERATING INCOME AND NET INCOME * CO‘S Q4 OF FISCAL 2018 IS EXPECTED TO BE PEAK QUARTER - BY FAR - FOR CONSOLIDATED NET SALES, GAAP OPERATING INCOME * COMTECH TELECOMMUNICATIONS - 2018 FISCAL YEAR FINANCIAL TARGETS DO NOT INCLUDE $6.7 MILLION OF B [Read more]

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