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
Sarra Sounds Off, Season 3, Ep. 6: Top football teams in action and soccer playoffs roundup Gregg Sarra sounds off on Farmingdale vs. Massapequa and the battle between Longwood and Floyd, plus Michael Sicoli recaps some of the playoff soccer games, an update on the high school fantasy football standings and the plays of the week.
Sarra Sounds Off, Season 3, Ep. 6: Top football teams in action and soccer playoffs roundup Gregg Sarra sounds off on Farmingdale vs. Massapequa and the battle between Longwood and Floyd, plus Michael Sicoli recaps some of the playoff soccer games, an update on the high school fantasy football standings and the plays of the week.
