Comtech Telecommunications (CMTL) Reports Q1 Loss, Misses Revenue Estimates
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Comtech Telecommunications (CMTL) reported a Q1 loss of $1.27 per share, significantly missing the Zacks Consensus Estimate of a $0.36 loss. This is a stark contrast to the $0.24 earnings per share from the previous year.
January 13, 2025 | 3:30 pm
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Comtech Telecommunications reported a Q1 loss of $1.27 per share, missing the Zacks Consensus Estimate of a $0.36 loss. This is a significant decline from last year's $0.24 earnings per share.
The significant miss on earnings estimates and the stark contrast to last year's positive earnings per share are likely to negatively impact investor sentiment and the stock price in the short term.
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