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Stock impact report

Comtech (CMTL) Up 1.9% Since Last Earnings Report: Can It Continue? [Yahoo! Finance]

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: Yahoo! Finance
Will the recent positive trend continue leading up to its next earnings release, or is Comtech due for a pullback? Well, first let's take a quick look at the most recent earnings report in order to get a better handle on the recent catalysts for Comtech Telecommunications Corp. before we dive into how investors and analysts have reacted as of late. Comtech Reports Narrower-Than-Expected Q2 Loss Despite Lower Revenues Key Highlights • Revenue: $106.8M in the fiscal second quarter, down 15.6% YoY from $126.6M. • GAAP EPS: Net loss was 68 cents per share vs a net loss of 76 loss a year ago. • Non-GAAP EPS: Net loss was 18 cents per share vs a net loss of 35 cents a year ago. • Gross margin: 33.9% vs 26.7% (up 720 bps YoY). • Adjusted EBITDA: $9.1M vs $2.9M. • Segment revenue: S&S $50.6M (-31.3% YoY); Allerium $56.2M (+6.2% YoY). • Bookings/backlog: Net bookings $175.4M (+120.9% YoY), consolidated book-to-bill 1.64x; funded backlog $731.6M and revenue visibility approxi Show less Read more
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