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Stock impact report

Comtech Telecommunications Corp. Announces Results for Fiscal 2018 Fourth Quarter and Full Year and Provides Fiscal 2019 Guidance

Comtech Telecommunications Corp. (CMTL) 
Last comtech telecommunications corp. earnings: 3/4 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: comtechtel.com/ir.cfm
Company Research Source: Business Wire
MELVILLE, N.Y.--(BUSINESS WIRE)-- September 26, 2018-– Comtech Telecommunications Corp. (NASDAQ: CMTL) today reported its operating results for the fourth quarter and fiscal year ended July 31, 2018. The Company also announced financial targets for its 2019 fiscal year. 2018 Fourth Quarter Highlights Net sales for the fourth quarter of fiscal 2018 were $167.4 million as compared to the $147.8 million achieved during the fourth quarter of fiscal 2017. Bookings during the fourth quarter of fiscal 2018 were $214.4 million, with a company-wide book-to-bill ratio (a measure defined as bookings divided by net sales) of 1.28. Comtech received a number of strategic contracts and orders, including: (i) $44.8 million of orders to supply the U.S. Army with advanced VSAT equipment; (ii) a $31.0 million order to supply its Modular Transportable Transmissi Show less Read more
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