Comtech Telecom Q3 Sales $136.30M Beat $135.99M Estimate
Portfolio Pulse from Happy Mohamed
Comtech Telecom reported Q3 sales of $136.30 million, beating the analyst consensus estimate of $135.99 million by 0.23% and marking an 11.62% increase over the same period last year.
June 08, 2023 | 8:04 pm
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Comtech Telecom's Q3 sales surpassed analyst estimates, reporting $136.30 million in revenue, an 11.62% YoY increase.
Comtech Telecom's Q3 sales exceeded analyst expectations by 0.23%, which is a positive signal for investors. The 11.62% YoY increase in sales indicates growth and strong performance, which is likely to have a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100