Comtech Telecomm. (NASDAQ:CMTL) posted its quarterly earnings results on Wednesday. The communications equipment provider reported ($0.07) earnings per share for the quarter, beating the consensus estimate of ($0.29) by $0.22, Bloomberg Earnings reports. Comtech Telecomm. had a net margin of 2.88% and a return on equity of 1.70%. The business had revenue of $121.57 million during the quarter, compared to analysts’ expectations of $106.94 million. During the same quarter in the prior year, the company posted ($0.11) EPS. The business’s revenue for the quarter was down 10.5% on a year-over-year basis. Comtech Telecomm. updated its Q2 guidance to expects a loss EPS and its FY18 guidance to $0.44-0.46 EPS.

Comtech Telecomm. (CMTL) opened at $21.31 on Thursday. The company has a market cap of $490.30, a P/E ratio of 61.06, a PEG ratio of 10.13 and a beta of 1.91. Comtech Telecomm. has a fifty-two week low of $9.65 and a fifty-two week high of $22.90. The company has a quick ratio of 1.25, a current ratio of 1.67 and a debt-to-equity ratio of 0.37.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 16th. Stockholders of record on Wednesday, January 17th will be issued a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 1.88%. Comtech Telecomm.’s dividend payout ratio is currently 59.70%.

CMTL has been the topic of several recent analyst reports. Zacks Investment Research upgraded shares of Comtech Telecomm. from a “sell” rating to a “hold” rating in a report on Wednesday, August 9th. BidaskClub upgraded shares of Comtech Telecomm. from a “sell” rating to a “hold” rating in a report on Monday, August 14th. BMO Capital Markets restated a “buy” rating and issued a $21.00 price objective on shares of Comtech Telecomm. in a report on Thursday, September 28th. Noble Financial restated a “buy” rating on shares of Comtech Telecomm. in a report on Friday, September 29th. Finally, Northland Securities restated a “buy” rating on shares of Comtech Telecomm. in a report on Friday, November 17th. Five equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Comtech Telecomm. has a consensus rating of “Hold” and a consensus price target of $19.10.

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Comtech Telecomm. Company Profile

Comtech Telecommunications Corp. designs, develops, produces and markets products, systems and services for communications solutions. The Company operates through two segments: Commercial Solutions and Government Solutions. It offers communications solutions, including command and control technologies, safety and security technologies and enterprise technologies.

Earnings History for Comtech Telecomm. (NASDAQ:CMTL)

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