Comtech Telecomm. (NASDAQ:CMTL) released its quarterly earnings data on Wednesday. The communications equipment provider reported $0.42 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.21 by $0.21, RTT News reports. Comtech Telecomm. had a net margin of 4.21% and a return on equity of 6.56%. The firm had revenue of $170.40 million for the quarter, compared to the consensus estimate of $162.30 million. During the same period last year, the firm earned $0.34 earnings per share. The company’s quarterly revenue was up 15.2% on a year-over-year basis.
CMTL traded up $0.15 during trading on Wednesday, hitting $22.73. The stock had a trading volume of 185,900 shares, compared to its average volume of 164,258. The company has a market cap of $544.86 million, a price-to-earnings ratio of 30.31, a price-to-earnings-growth ratio of 3.88 and a beta of 1.30. Comtech Telecomm. has a twelve month low of $20.94 and a twelve month high of $36.94. The company has a quick ratio of 1.53, a current ratio of 2.20 and a debt-to-equity ratio of 0.34.
The company also recently announced a quarterly dividend, which will be paid on Friday, August 16th. Shareholders of record on Wednesday, July 17th will be paid a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 1.76%. Comtech Telecomm.’s dividend payout ratio (DPR) is 53.33%.
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About Comtech Telecomm.
Comtech Telecommunications Corp. designs, develops, produces, and markets products, systems, and services for communications solutions. The company's Commercial Solutions segment offers ground-based equipment, including single channel per carrier modems and solid-state amplifiers that facilitate the transmission of voice, video, and data over satellite links; and traveling wave tube amplifiers, such as high power narrow-band amplifiers used to amplify signals from satellite earth stations, as well as safety and security technologies.
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