Edition:
United Kingdom

Comtech Telecommunications Q2 Earnings Per Share $0.32


Wednesday, 6 Mar 2019 

March 6 (Reuters) - Comtech Telecommunications Corp ::COMTECH TELECOMMUNICATIONS CORP ANNOUNCES RESULTS FOR FISCAL 2019 SECOND QUARTER AND UPDATES ITS FISCAL 2019 GUIDANCE.Q2 EARNINGS PER SHARE $0.32 .Q2 SALES $164.1 MILLION VERSUS REFINITIV IBES ESTIMATE OF $160 MILLION.Q2 EARNINGS PER SHARE ESTIMATE $0.16 -- REFINITIV IBES DATA.SEES FY 2019 GAAP EARNINGS PER SHARE $0.86 TO $0.98.BOOKINGS DURING Q2 OF FISCAL 2019 WERE $123.3 MILLION.BACKLOG AS OF JANUARY 31, 2019 WAS $586.4 MILLION..INCREASING ITS FISCAL 2019 CONSOLIDATED NET SALES GOAL TO A RANGE OF APPROXIMATELY $645.0 MILLION TO $660.0 MILLION.EXPECTS Q3 NET SALES TO APPROXIMATE AMOUNT IT ACHIEVED DURING Q2 OF FISCAL 2019.Q4 OF FISCAL 2019 IS EXPECTED TO BE PEAK QUARTER OF FISCAL YEAR FOR ADJUSTED EBITDA.FY2019 REVENUE VIEW $633.1 MILLION -- REFINITIV IBES DATA.QTRLY ADJUSTED EARNINGS PER SHARE $0.40. 

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