Comtech Telecommunications shares have fallen 37.8% since its last earnings report, underperforming the S&P 500. The company reported a narrower-than-expected non-GAAP net loss of 22 cents per share for its third quarter of fiscal 2026, beating the Zacks Consensus Estimate of a loss of 27 cents, while net sales declined to $106 million from $126.79 million a year earlier, missing the consensus estimate of $110.21 million. The revenue decline was driven by the planned phase-out of certain low-margin satellite and space contracts, which offset stable performance in the Allerium public safety business. Over the past month, analysts have revised estimates downward, with the consensus estimate shifting negative 29.63%, though Comtech retains a Zacks Rank #2, or Buy, and an overall VGM Score of A.
Comtech Telecommunications CorpRevenue declined and missed estimates, and analysts revised estimates downward.