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%.

InvestorPlace Earnings is a project that makes use of TradeSmith data to automate the coverage of quarterly earnings reports. The goal is to provide readers with key takeaways such as earnings per share, revenue figures, and how a company compares to analyst projections. These pieces are generated without human intervention to deliver the most up-to-date information promptly. Should you notice any discrepancies, please contact us at editor@investorplace.com.

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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