06.03.2014 22:24:22

Comtech Telecommunications Q2 Profit Up - Quick Facts

(RTTNews) - Comtech Telecommunications Corp. (CMTL) Thursday reported second-quarter profit of $6.0 million or $0.32 per share, up from $2.4 million or $0.14 per share in the same period last year.

Sales increased to $85.5 million from $74.6 million last year. Analysts expected sales of $80.33 million.

Looking ahead, the company continues to project full-year earnings in a range of $1.14 to $1.26 per share, with revenues ranging between $325.0 million and $345.0 million.

Analysts currently expect the company to report full-year earnings of $1.19 per share on revenues of $336.62 million.

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