EARNINGS: Comtech Telecommunications Corp., Melville
Comtech Telecommunications Corp., Melville
Defense electronics
Quarter: April 30
Net income: Profit of $21.8 million, compared with profit of $7.6 million in the same quarter last year.
Net sales: $216.3 million compared with $128.5 million.
Outlook: CEO Fred Kornberg said, "We continue to believe that fiscal 2010 will be another year of record revenues."
Company statement: The increase is attributable to higher sales in mobile data communications and telecommunications transmission segments.
Share price: The stock closed up $1.87 Friday, to $31.15
'I've never seen fire sitting on the water' Three Newsday photographers talk to NewsdayTV's Macy Egeland about covering the tragic crash of TWA Flight 800 in 1996.
'I've never seen fire sitting on the water' Three Newsday photographers talk to NewsdayTV's Macy Egeland about covering the tragic crash of TWA Flight 800 in 1996.
