HomeMarket NewsComtech Telecom: A Rough Quarter as Earnings Fall Short for Q2 2024

Comtech Telecom: A Rough Quarter as Earnings Fall Short for Q2 2024

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CMTL stock - CMTL Stock Earnings: Comtech Telecom Misses EPS, Misses Revenue for Q2 2024

Source: iQoncept / Shutterstock

Comtech Telecom (NASDAQ:CMTL) just disclosed its performance for the second quarter of 2024.

  • Earnings per share for Comtech Telecom stood at -15 cents, falling short of the forecasted 22 cents.
  • The company’s revenue for the quarter totaled $134.23 million, missing the anticipated $152.85 million by a margin of 12.19%.

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Article printed from InvestorPlace Media, https://investorplace.com/earning-results/2024/03/cmtl-stock-earnings-comtech-telecom-for-q2-of-2024/.

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