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Provider: Thomson Reuters Stock Report
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Comtech Telecommunications Corp Issues FY 2013 Guidance Below Analysts' Estimates; Declares $0.275 Per Share Quarterly Cash Dividend

Thursday, 7 Mar 2013 04:30pm EST 

Comtech Telecommunications Corp announced that for fiscal 2013, it expects revenue to range from $320.0 million to $330.0 million and GAAP diluted earnings per share is now expected to be between $0.80 and $0.92. Adjusted EBITDA for fiscal 2013 is now expected to be in the range of $48.0 million to $52.0 million. According to I/B/E/S Estimates, analysts are expecting the Company to report revenues of $353 million, EBITDA of $60.08 million and EPS of $1.26 for fiscal 2013. The Company also announced that its Board of Directors declared a quarterly cash dividend of $0.275 per share, payable on May 21, 2013, to shareholders of record at the close of business on April 19, 2013. 

Company Quote

0.27 +0.72%
28 Aug 2014