After hours Wednesday, Delaware-based Comtech Telecommunications Corp. (NASDAQ:CMTL), a provider of communications solutions, reported their financial results for the year ended July 31, 2008. Net income for the year reached $76.4 million, or $2.76 per share, compared to $65.2 million, or $2.42 cents per share in the prior fiscal year. Net sales for the year totaled $531.6 million, up from the $445.7 million reported for their fiscal year 2007. Shares of Comtech Telecommunications Corp. were down 5.34% to $40.27 at the close of the market.

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