Comtech Telecom Q4 Sales $148.80M Beat $140.13M Estimate
Portfolio Pulse from Benzinga Newsdesk
Comtech Telecom reported Q4 sales of $148.80 million, beating the analyst consensus estimate of $140.13 million by 6.19 percent. This represents a 17.18 percent increase over sales of $126.98 million the same period last year.
October 12, 2023 | 8:14 pm
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Comtech Telecom's Q4 sales exceeded analyst estimates by 6.19%, indicating strong performance. This could positively impact the stock price in the short term.
Comtech Telecom's Q4 sales exceeded analyst estimates, which is typically seen as a positive signal by the market. This could lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100