Comtech Results Top Estimate - Quick Facts

(RTTNews) - Comtech Telecommunications Corp (CMTL) Thursday reported fourth-quarter net earnings of $8 million or $0.48 per share compared with $5.2 million or $0.28 per share last year.

Revenues for the quarter were $89.4 million compared with $84.4 million in the prior year.

Analysts polled by Thomson Reuters estimated earnings of $0.36 per share on revenues of $88.3 million for the quarter. Analysts' estimates typically exclude special items.

Looking ahead to the full year, the company expects earnings of $1.70 to $1.86 per share on revenues of $355 million to $370 million. Analysts expect earnings of $1.79 per share on revenues of $361.7 million.