Comtech Electronics reports Q2 revenue of $1.584 billion, with reserve orders reaching a record high

Gelonghui, July 28｜Kunteng Electronics reported Q2 revenue of $1.584 billion, a year-on-year increase of 24.2%, exceeding market expectations. Profitability remained high, with a non-GAAP operating margin of 45.5%. Backlog orders reached $8.1 billion, and fulfillment revenue over the next 12 months is expected to be $4.2 billion. Recurring revenue accounted for 78% of total revenue, reflecting strong risk resistance in its business model.