Comtech Telecommunications Sees Q1 2024 Net Sales Increase Approximately 1%-4%; Adj. EBITDA Margin 11%-13%
Portfolio Pulse from Benzinga Newsdesk
Comtech Telecommunications has projected an increase in net sales of approximately 1%-4% for Q1 2024. The company also expects an adjusted EBITDA margin of 11%-13%.
October 12, 2023 | 8:29 pm
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Comtech Telecommunications expects a 1%-4% increase in net sales and an adjusted EBITDA margin of 11%-13% for Q1 2024.
The company's projected increase in net sales and adjusted EBITDA margin for Q1 2024 indicates a positive financial outlook, which could potentially lead to a rise in its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100