Comtech Telecommunications (CMTL) reported fourth quarter adjusted EPS of $0.26 after the bell Wednesday, which beat the consensus estimate of $0.18.
Comtech Telecommunications gapped up sharply Wednesday and climbed during the first half hour of trade. Shares were range-bound for the remainder of the day and closed up by $1.99 at $36.07 on above average volume. The stock rose above a one-month rang and set a 6 1/2 month high.
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