Comtech Telecommunications Corp
NASDAQ:CMTL
Income Statement
Earnings Waterfall
Comtech Telecommunications Corp
Revenue
|
571.2m
USD
|
Cost of Revenue
|
-388.5m
USD
|
Gross Profit
|
182.8m
USD
|
Operating Expenses
|
-184.1m
USD
|
Operating Income
|
-1.4m
USD
|
Other Expenses
|
-46.9m
USD
|
Net Income
|
-48.3m
USD
|
Income Statement
Comtech Telecommunications Corp
Jan-2014 | Apr-2014 | Jul-2014 | Oct-2014 | Jan-2015 | Apr-2015 | Jul-2015 | Oct-2015 | Jan-2016 | Apr-2016 | Jul-2016 | Oct-2016 | Jan-2017 | Apr-2017 | Jul-2017 | Oct-2017 | Jan-2018 | Apr-2018 | Jul-2018 | Oct-2018 | Jan-2019 | Apr-2019 | Jul-2019 | Oct-2019 | Jan-2020 | Apr-2020 | Jul-2020 | Oct-2020 | Jan-2021 | Apr-2021 | Jul-2021 | Oct-2021 | Jan-2022 | Apr-2022 | Jul-2022 | Oct-2022 | Jan-2023 | Apr-2023 | Jul-2023 | Oct-2023 | Jan-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
323
N/A
|
342
+6%
|
347
+1%
|
340
-2%
|
337
-1%
|
319
-5%
|
307
-4%
|
295
-4%
|
284
-4%
|
336
+19%
|
411
+22%
|
483
+17%
|
551
+14%
|
555
+1%
|
550
-1%
|
536
-3%
|
531
-1%
|
551
+4%
|
571
+4%
|
610
+7%
|
640
+5%
|
663
+4%
|
672
+1%
|
681
+1%
|
679
0%
|
644
-5%
|
617
-4%
|
582
-6%
|
581
0%
|
586
+1%
|
582
-1%
|
563
-3%
|
522
-7%
|
505
-3%
|
486
-4%
|
501
+3%
|
514
+3%
|
528
+3%
|
550
+4%
|
571
+4%
|
571
+0%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(183)
|
(195)
|
(196)
|
(190)
|
(186)
|
(174)
|
(168)
|
(163)
|
(160)
|
(194)
|
(240)
|
(288)
|
(333)
|
(335)
|
(332)
|
(322)
|
(320)
|
(330)
|
(347)
|
(376)
|
(396)
|
(416)
|
(424)
|
(428)
|
(426)
|
(402)
|
(390)
|
(368)
|
(373)
|
(377)
|
(368)
|
(358)
|
(327)
|
(316)
|
(306)
|
(316)
|
(329)
|
(347)
|
(366)
|
(385)
|
(388)
|
|
Gross Profit |
141
N/A
|
148
+5%
|
151
+3%
|
150
-1%
|
151
+0%
|
145
-4%
|
139
-4%
|
132
-5%
|
123
-6%
|
142
+15%
|
171
+20%
|
195
+14%
|
219
+12%
|
220
+1%
|
218
-1%
|
214
-2%
|
211
-1%
|
221
+5%
|
224
+1%
|
234
+5%
|
244
+4%
|
246
+1%
|
247
+0%
|
253
+2%
|
253
0%
|
241
-5%
|
227
-6%
|
214
-6%
|
209
-2%
|
209
N/A
|
214
+3%
|
206
-4%
|
196
-5%
|
189
-3%
|
180
-5%
|
185
+3%
|
185
N/A
|
181
-2%
|
185
+2%
|
185
+1%
|
183
-1%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(104)
|
(106)
|
(108)
|
(108)
|
(109)
|
(107)
|
(105)
|
(104)
|
(100)
|
(123)
|
(151)
|
(199)
|
(205)
|
(202)
|
(193)
|
(176)
|
(183)
|
(187)
|
(189)
|
(191)
|
(195)
|
(198)
|
(203)
|
(206)
|
(204)
|
(203)
|
(191)
|
(184)
|
(182)
|
(177)
|
(182)
|
(185)
|
(195)
|
(197)
|
(200)
|
(199)
|
(189)
|
(190)
|
(190)
|
(188)
|
(184)
|
|
Selling, General & Administrative |
(64)
|
(66)
|
(67)
|
(66)
|
(66)
|
(64)
|
(63)
|
(64)
|
(63)
|
(78)
|
(95)
|
(112)
|
(128)
|
(124)
|
(116)
|
(112)
|
(108)
|
(113)
|
(114)
|
(117)
|
(122)
|
(125)
|
(129)
|
(129)
|
(126)
|
(125)
|
(117)
|
(113)
|
(113)
|
(108)
|
(112)
|
(113)
|
(113)
|
(113)
|
(115)
|
(116)
|
(115)
|
(119)
|
(120)
|
(123)
|
(125)
|
|
Research & Development |
(34)
|
(34)
|
(34)
|
(36)
|
(37)
|
(37)
|
(36)
|
(34)
|
(32)
|
(36)
|
(42)
|
(48)
|
(54)
|
(54)
|
(54)
|
(54)
|
(54)
|
(54)
|
(54)
|
(53)
|
(54)
|
(55)
|
(56)
|
(58)
|
(58)
|
(57)
|
(52)
|
(49)
|
(48)
|
(49)
|
(49)
|
(50)
|
(50)
|
(51)
|
(53)
|
(53)
|
(53)
|
(50)
|
(49)
|
(44)
|
(38)
|
|
Depreciation & Amortization |
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(9)
|
(13)
|
(18)
|
(23)
|
(24)
|
(23)
|
(22)
|
(21)
|
(21)
|
(21)
|
(20)
|
(19)
|
(18)
|
(18)
|
(19)
|
(20)
|
(21)
|
(22)
|
(22)
|
(22)
|
(21)
|
(21)
|
(21)
|
(21)
|
(21)
|
(21)
|
(21)
|
(21)
|
(21)
|
(21)
|
(21)
|
(21)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(20)
|
0
|
0
|
0
|
12
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
(11)
|
(11)
|
(11)
|
(9)
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
37
N/A
|
42
+14%
|
44
+5%
|
42
-4%
|
42
-1%
|
38
-8%
|
34
-10%
|
28
-18%
|
23
-18%
|
19
-16%
|
21
+7%
|
(3)
N/A
|
14
N/A
|
18
+33%
|
25
+36%
|
38
+52%
|
28
-26%
|
34
+21%
|
35
+4%
|
43
+23%
|
49
+14%
|
48
-2%
|
44
-9%
|
47
+7%
|
49
+3%
|
39
-21%
|
36
-6%
|
30
-17%
|
26
-11%
|
31
+18%
|
32
+3%
|
20
-37%
|
0
-98%
|
(8)
N/A
|
(20)
-156%
|
(14)
+29%
|
(4)
+71%
|
(9)
-115%
|
(6)
+36%
|
(3)
+48%
|
(1)
+54%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(8)
|
(8)
|
(6)
|
(5)
|
(3)
|
(1)
|
(1)
|
(0)
|
(0)
|
(4)
|
(8)
|
(11)
|
(14)
|
(13)
|
(12)
|
(11)
|
(11)
|
(10)
|
(10)
|
(10)
|
(10)
|
(10)
|
(9)
|
(9)
|
(8)
|
(7)
|
(6)
|
(7)
|
(6)
|
(6)
|
(7)
|
(6)
|
(6)
|
(5)
|
(5)
|
(6)
|
(9)
|
(12)
|
(15)
|
(18)
|
(20)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
(19)
|
(21)
|
0
|
(8)
|
11
|
12
|
0
|
2
|
0
|
0
|
(4)
|
(3)
|
(5)
|
(6)
|
(4)
|
(11)
|
(16)
|
(21)
|
(110)
|
(107)
|
(106)
|
(100)
|
(9)
|
(19)
|
(14)
|
(14)
|
(23)
|
(9)
|
(9)
|
(9)
|
0
|
2
|
|
Total Other Income |
1
|
1
|
1
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
1
|
1
|
2
|
2
|
1
|
(1)
|
(1)
|
(1)
|
0
|
|
Pre-Tax Income |
30
N/A
|
35
+17%
|
39
+11%
|
38
-1%
|
39
+3%
|
38
-4%
|
34
-10%
|
28
-17%
|
21
-26%
|
(3)
N/A
|
(8)
-141%
|
(15)
-78%
|
(8)
+47%
|
17
N/A
|
26
+55%
|
27
+7%
|
20
-28%
|
24
+21%
|
25
+5%
|
28
+15%
|
36
+28%
|
34
-6%
|
29
-15%
|
35
+21%
|
30
-16%
|
16
-47%
|
9
-40%
|
(86)
N/A
|
(87)
-1%
|
(81)
+7%
|
(75)
+7%
|
5
N/A
|
(24)
N/A
|
(26)
-8%
|
(37)
-42%
|
(41)
-10%
|
(21)
+50%
|
(30)
-47%
|
(31)
-2%
|
(22)
+29%
|
(20)
+8%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(10)
|
(12)
|
(13)
|
(13)
|
(13)
|
(12)
|
(11)
|
(9)
|
(7)
|
(2)
|
1
|
3
|
0
|
(5)
|
(10)
|
(11)
|
6
|
6
|
(6)
|
(5)
|
(21)
|
(19)
|
(4)
|
(7)
|
(6)
|
(4)
|
(2)
|
1
|
2
|
1
|
2
|
1
|
5
|
6
|
4
|
3
|
(1)
|
2
|
4
|
5
|
(3)
|
|
Income from Continuing Operations |
19
|
22
|
25
|
25
|
27
|
26
|
23
|
20
|
14
|
(5)
|
(8)
|
(12)
|
(8)
|
11
|
16
|
17
|
26
|
30
|
19
|
24
|
16
|
15
|
25
|
28
|
24
|
12
|
7
|
(85)
|
(85)
|
(80)
|
(74)
|
6
|
(20)
|
(21)
|
(33)
|
(38)
|
(21)
|
(29)
|
(27)
|
(17)
|
(23)
|
|
Net Income (Common) |
19
N/A
|
22
+15%
|
25
+13%
|
25
0%
|
27
+6%
|
26
-3%
|
23
-10%
|
20
-16%
|
14
-26%
|
(5)
N/A
|
(8)
-54%
|
(12)
-52%
|
(8)
+35%
|
11
N/A
|
16
+41%
|
17
+5%
|
26
+55%
|
30
+15%
|
30
+1%
|
35
+17%
|
27
-23%
|
26
-2%
|
25
-5%
|
28
+12%
|
24
-15%
|
12
-49%
|
7
-42%
|
(85)
N/A
|
(85)
+1%
|
(80)
+6%
|
(74)
+8%
|
1
N/A
|
(27)
N/A
|
(29)
-9%
|
(43)
-49%
|
(45)
-4%
|
(28)
+38%
|
(35)
-27%
|
(34)
+4%
|
(24)
+28%
|
(48)
-99%
|
|
EPS (Diluted) |
0.86
N/A
|
1.02
+19%
|
1.2
+18%
|
1.52
+27%
|
1.61
+6%
|
1.56
-3%
|
1.42
-9%
|
1.19
-16%
|
0.88
-26%
|
-0.31
N/A
|
-0.46
-48%
|
-0.5
-9%
|
-0.32
+36%
|
0.47
N/A
|
0.67
+43%
|
0.71
+6%
|
1.09
+54%
|
1.24
+14%
|
1.24
N/A
|
1.43
+15%
|
1.11
-22%
|
1.08
-3%
|
1.03
-5%
|
1.14
+11%
|
0.96
-16%
|
0.49
-49%
|
0.28
-43%
|
-3.36
N/A
|
-3.33
+1%
|
-3.03
+9%
|
-2.86
+6%
|
0.06
N/A
|
-1
N/A
|
-1.09
-9%
|
-1.63
-50%
|
-1.61
+1%
|
-1.01
+37%
|
-1.25
-24%
|
-1.21
+3%
|
-0.86
+29%
|
-1.7
-98%
|