Comtech Telecommunications (CMTL) late Thursday reported a fiscal Q1 adjusted net loss of $0.18 per diluted share, narrowing from a loss of $1.64 a year earlier.
One analyst expected a loss of $0.39 in a FactSet poll.
Revenue for the quarter ended Oct. 31 was $111.0 million, down from $115.8 million a year earlier.
One analyst expected $110.4 million.
Shares were down more than 16% in after-hours trading.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.