Comtech Telecom (CMTL) Tops Q3 EPS by 27c

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Go back to Comtech Telecom (CMTL) Tops Q3 EPS by 27c

Comtech Telecommunications Corp. Declares $0.10 Per Share Quarterly Cash Dividend

June 8, 2021 4:02 PM EDT

MELVILLE, N.Y.--(BUSINESS WIRE)-- June 8, 2021-- Comtech Telecommunications Corp. (NASDAQ: CMTL) announced today that its Board of Directors declared a quarterly cash dividend of $0.10 per share, payable on August 20, 2021, to shareholders of record at the close of business on July 21, 2021. The dividend is the Companys... More

Comtech Telecommunications Corp. Announces Results for Its Fiscal 2021 Third Quarter and Updates Its Financial Targets for Fiscal 2021

June 8, 2021 4:01 PM EDT

MELVILLE, N.Y.--(BUSINESS WIRE)-- June 8, 2021-- Comtech Telecommunications Corp. (NASDAQ: CMTL) today reported its operating results for the third fiscal quarter ended April 30, 2021 and updated its financial targets for fiscal 2021.

Fiscal 2021 Third Quarter Highlights

Consolidated net sales of $139.4 million and Adjusted EBITDA of $17.7 million (or 12.7% of consolidated net sales). Adjusted EBITDA, which significantly exceeded Comtech's expectation for its third quarter of fiscal 2021, is a non-GAAP financial measure that is reconciled to the most directly comparable GAAP financial measure and is more fully defined... More