Comtech Telecommunications Corp Q3 adjusted earnings Beat Estimates

(RTTNews) - Comtech Telecommunications Corp (CMTL) released a profit for third quarter that fell from last year.

The company's earnings totaled $7.61 million, or $0.31 per share. This compares with $8.21 million, or $0.34 per share, in last year's third quarter.

Excluding items, Comtech Telecommunications Corp reported adjusted earnings of $10.26 million or $0.42 per share for the period.

Analysts had expected the company to earn $0.22 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 15.3% to $170.45 million from $147.85 million last year.

Comtech Telecommunications Corp earnings at a glance:

-Analysts Estimate: $0.22 -Revenue (Q3): $170.45 Mln vs. $147.85 Mln last year.