Comtech Telecommunications Corp. Reports Earnings Results for the Second Quarter and Six Months Ended January 31, 2024
March 18, 2024 at 04:39 pm EDT
Comtech Telecommunications Corp. reported earnings results for the second quarter and six months ended January 31, 2024. For the second quarter, the company reported sales was USD 134.23 million compared to USD 133.73 million a year ago. Net loss was USD 10.56 million compared to USD 4.81 million a year ago. Basic loss per share from continuing operations was USD 1.07 compared to USD 0.23 a year ago. Diluted loss per share from continuing operations was USD 1.07 compared to USD 0.23 a year ago.
For the six months, sales was USD 286.14 million compared to USD 264.86 million a year ago. Net loss was USD 12 million compared to USD 15.9 million a year ago. Basic loss per share from continuing operations was USD 1.18 compared to USD 0.69 a year ago. Diluted loss per share from continuing operations was USD 1.18 compared to USD 0.69 a year ago.