Comtech Telecommunications Posts Strong Gains in Second Quarter of Fiscal Year 2000.

Business WireMarch 06, 2000

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Comtech Telecommunications Posts Strong Gains in Second Quarter of Fiscal Year 2000.

Business Editors

MELVILLE, N.Y.--(BUSINESS WIRE)--March 6, 2000

Revenues up 52%

Operating Earnings up 49%

Comtech Telecommunications Corp. (Nasdaq: CMTL) today reported net income of $662,000 or $0.13 per share, operating earnings from continuing operations of $1.0 million, and sales of $13.7 million for the second quarter of its 2000 fiscal year. The quarter ended on January 31, 2000.

A year earlier, in the second quarter of its 1999 fiscal year, Comtech had net income of $1.8 million or $0.40 per sha...

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