Comtech Telecommunications

Comtech Telecommunications Corp. engages in the provision of emergency systems and wireless and satellite communications. It operates through Satellite and Space Communication and Terrestrial and Wireless Networks segments. The Satellite and Space Communication segment offers satellite ground station technologies, services and system integration that facilitate the transmission of voice, video, and data over GEO, MEO, and LEO satellite constellations, including solid-state and traveling wave tube power amplifiers, modems, VSAT platforms and frequency converters. The Terrestrial and Wireless Networks segment provides SMS Text to 911 services, providing alternate paths for individuals who need to request assistance (via text messaging) method to reach Public Safety Answering Points. The company was founded in 1967 and is headquartered in Melville, NY.

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Comtech reports sequential revenue and EBITDA growth, anticipates improved margins

Comtech's Q3 performance showed revenue and adjusted EBITDA improvement, with a focus on meeting or exceeding guidance. While facing challenges in lower margin backlog, the company is optimistic about better margins in fiscal year 2024 and anticipates stronger bookings profile in Q4, particularly with U.S. government spending.

Comtech Telecommunications reports strong Q2 earnings and innovation focus

Comtech Telecommunications delivered strong Q2 2023 results, focusing on operational efficiency, innovation, and profitability. While supply chain challenges persist, the company is effectively managing a backlog above $700 million.
Strategic initiatives like EVOKE and One Comtech transformation are driving growth and enhancing decision-making. The decision to forego a common stock dividend showcases a commitment to long-term success and financial flexibility.
With a proactive approach to expanding margins, reducing leverage, and investing in growth opportunities, Comtech is well-positioned for future success. Leveraging its strong government relationships and innovation focus, the company aims to drive sustained growth.

Comtech reports strong Q3 earnings, eyes margin improvement strategies

Comtech's Q3 performance showed growth in net sales and bookings, meeting investor guidance.
The company is focused on margin improvement through supply chain optimization and cost reduction plans.
Strategic technology investments and emerging contracts present opportunities for revenue growth.
Challenges include managing backlog, cash flow, and addressing analyst inquiries on margins.

Comtech Telecommunications excels in Q4, eyes growth amid challenges

Comtech Telecommunications delivered strong financial results in Q4 2023, driven by revenue growth, margin expansion, and major contract wins, showcasing operational excellence and strategic success.
While facing challenges such as market volatility and margin improvement targets, Comtech's focus on innovation, efficiency, and customer-centric solutions positions it well for future growth and value creation.
With a clear roadmap for growth, ongoing transformation initiatives, and a commitment to shareholder value, Comtech is poised to capitalize on opportunities and navigate challenges in the evolving telecommunications landscape.

Comtech Telecommunications reports strong Q1 earnings and strategic wins

Comtech Telecommunications reported strong financial performance with revenue growth, positive operating income, and notable contract wins, reflecting progress in the One Comtech transformation.
The company's focus on operational enhancements, financial management, and strategic decisions positions it well for growth opportunities in the telecommunications sector.
While facing challenges in refinancing and operational integration, Comtech can leverage opportunities in next-gen 911 services, strategic wins, and financial optimization for sustained growth.
Overall, Comtech's Q1 2024 earnings call highlights its competitive positioning, growth potential, and strategic initiatives to drive performance and capitalize on market opportunities.

Comtech Telecommunications reports growth in Q2 2024 earnings and contract wins

Comtech Telecommunications delivered a solid performance in Q2 2024, with improved net sales and adjusted EBITDA, driven by operational enhancements and key contract wins. Despite challenges in net sales timing, the company remains optimistic about its financial outlook for fiscal 2024, supported by a strong backlog and revenue visibility.

Comtech Completes Refinancing, Focuses on Operational Efficiency

Comtech Telecommunications has navigated a challenging quarter with a strategic refinancing that positions it for future stability and growth. Despite a dip in net sales, the company's leadership is optimistic about resolving production and supply chain issues and capitalizing on substantial contracts to drive performance improvements.

Comtech Telecommunications faces Q4 challenges, eyes profitable growth strategies

Comtech Telecommunications Corp. faced challenges in Q4 2024 due to margin pressures and delayed military sales orders, prompting a transformation strategy for profitable growth.
Despite these challenges, the company achieved a record funded backlog and made progress in reducing unbilled receivables, reflecting strong demand and improved financial management.
Opportunities exist in transitioning development projects into production, streamlining operations, and identifying strategic alternatives for the terrestrial business to enhance profitability and efficiency.
Emphasis on transparency through Q&A sessions and operational improvements signal a proactive approach to addressing investor concerns and driving sustainable growth.

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Comtech Telecommunications Corp. engages in the provision of emergency systems and wireless and satellite communications. It operates through Satellite and Space Communications and Terrestrial and Wireless Networks segments. The Satellite and Space Communication segment offers satellite ground station technologies, services and system integration that facilitate the transmission of voice, video, and data over GEO, MEO, and LEO satellite constellations, including solid-state and traveling wave tube power amplifiers, modems, VSAT platforms and frequency converters. The Terrestrial and Wireless Networks segment provides SMS Text to 911 services, providing alternate paths for individuals who need to request assistance method to reach Public Safety Answering Points. The company was founded in 1967 and is headquartered in Chandler, AZ.

MELVILLE, N.Y.--(BUSINESS WIRE)--December 7, 2021-- Comtech Telecommunications Corp. (NASDAQ: CMTL), a leading global provider of next-generation 911 emergency systems and secure wireless communications technologies, today issued a statement in response to a report by Institutional Shareholder Services (“ISS”) regarding the election of directors to Comtech's Board of Directors at the Company's upcoming 2021 Annual Meeting of Stockholders: ISS correctly recognizes the transformative actions Comt

Comtech Comments on ISS Report

NEW YORK--(BUSINESS WIRE)--Outerbridge Capital Management, LLC (“Outerbridge”), a beneficial owner of approximately 4.9% of Comtech Telecommunications Corp.'s (NASDAQ: CMTL) (“Comtech” or the “Company”) outstanding shares of common stock, today announced that leading proxy advisory firm Institutional Shareholder Services (“ISS”) has recommended that shareholders vote on the WHITE proxy card for Outerbridge director candidate Sidney “Sid” Fuchs for election to the Comtech Board of Directors (the

ISS Supports Outerbridge's Case for Change at Comtech

MELVILLE, N.Y.--(BUSINESS WIRE)--December 6, 2021-- Comtech Telecommunications Corp. (NASDAQ: CMTL) (“Comtech” or “the Company”), a leading global provider of next-generation 911 emergency systems and secure wireless communications technologies, today announced that it has filed a presentation containing supplemental investor information with the Securities and Exchange Commission (“SEC”) regarding false, misleading and incorrect statements contained in an Outerbridge Capital Management present

Comtech Corrects the Record About Outerbridge's Latest False Information

MELVILLE, N.Y.--(BUSINESS WIRE)--December 3, 2021-- Comtech Telecommunications Corp. (NASDAQ: CMTL), a leading global provider of next-generation 911 emergency systems and secure wireless communications technologies, today announced that it will report its first quarter of fiscal 2022 results after the market closes on Thursday, December 9, 2021. The Company has scheduled an investor conference call for Thursday, December 9, 2021 at 4:30 PM ET. Investors are invited to access a live webcast of

Comtech Telecommunications Corp. to Report First Quarter of Fiscal 2022 Results on December 9th

MELVILLE, N.Y.--(BUSINESS WIRE)--December 3, 2021-- Comtech Telecommunications Corp. (NASDAQ: CMTL), a leading global provider of next-generation 911 emergency systems and secure wireless communications technologies, today announced the appointment of Jennie Reilly as Vice President of Human Resources, effective December 13, 2021. Reilly will oversee the execution of a company-wide HR talent strategy, and will report directly to incoming CEO Michael Porcelain. “Jennie is a proven leader, experi

Comtech Welcomes Jennie Reilly as Vice President of Human Resources

MELVILLE, N.Y.--(BUSINESS WIRE)--December 2, 2021 -- Comtech Telecommunications Corp. (NASDAQ: CMTL), a leading global provider of next-generation 911 emergency systems and secure wireless communications technologies, announced today, that during its first quarter of fiscal 2022, it was awarded a follow-on order valued at $1.2 million for its Ka-band Solid-State Power Amplifiers (“SSPAs”) that use state-of-the-art Gallium Nitride (“GaN”) technology for an In-Flight Connectivity (“IFC”) applicat

Comtech Telecommunications Corp. Awarded $1.2 Million Follow-on Order for Ka-band Airborne SSPA/BUC

Comtech (CMTL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Comtech Telecommunications (CMTL) May Report Negative Earnings: Know the Trend Ahead of Q1 Release

Comtech (CMTL) wins a $3.5 million contract for providing Joint Cyber Analysis Course Training solutions. It also clinches a 5G contract from an unnamed Canada-based tier-one mobile network operator.

Comtech (CMTL) Secures $3.5M Cyber Training Contract, 5G Deal

MELVILLE, N.Y.--(BUSINESS WIRE)--December 1, 2021--Comtech Telecommunications Corp. (NASDAQ: CMTL), a leading global provider of next-generation 911 emergency systems and secure wireless communications technologies, announced today, that during its first quarter of fiscal 2022, it was awarded a $2.2 million contract to maintain a 911 system deployed across multiple locations for the U.S. military. Comtech will provide maintenance services for a multi-node 911 call management system for multiple

Comtech Telecommunications Corp. Awarded $2.2 Million Contract for 911 Network Maintenance for the U.S. Military

NEW YORK--(BUSINESS WIRE)--Outerbridge Capital Management, LLC (“Outerbridge”), a beneficial owner of approximately 4.9% of Comtech Telecommunications Corp.'s (NASDAQ: CMTL) (“Comtech” or the “Company”) outstanding shares of common stock, today issued an investor presentation refuting the false and misleading claims contained in Comtech's recent public materials. Outerbridge has nominated two highly qualified director candidates – Wendi Carpenter and Sidney “Sid” Fuchs – for election to the Com

Outerbridge Issues Presentation Refuting Comtech's False and Misleading Claims

MELVILLE, N.Y.--(BUSINESS WIRE)--November 30, 2021-- Comtech Telecommunications Corp. (NASDAQ: CMTL), a leading global provider of next-generation 911 emergency systems and secure wireless communications technologies, announced today, that during its first quarter of fiscal 2022, it was awarded a contract to provide Gateway Mobile Location Center and Location Management Function solutions which enable new positioning technologies for a Canadian tier-one mobile network operator's 5G network. “5G

Comtech Telecommunications Corp. Awarded 5G Contract with Canadian Tier-One Carrier

MELVILLE, N.Y.--(BUSINESS WIRE)--November 30, 2021 -- Comtech Telecommunications Corp. (NASDAQ: CMTL), a leading global provider of next-generation 911 emergency systems and secure wireless communications technologies, announced today, that during its first quarter of fiscal 2022, it was awarded $3.5 million for delivery orders under the five-year Indefinite Delivery Indefinite Quantity (“IDIQ”) contract renewal from the Federal Government for the Joint Cyber Analysis Course (“JCAC”) Training s

Comtech Telecommunications Corp. Awarded $3.5 Million for Cyber Training

MELVILLE, N.Y.--(BUSINESS WIRE)--November 29, 2021 -- Comtech Telecommunications Corp. (NASDAQ: CMTL), a leading global provider of next-generation 911 emergency systems and secure wireless communications technologies, today announced that it has filed supplemental investor information with the Securities and Exchange Commission (“SEC”) addressing factual inaccuracies and misleading statements Outerbridge Capital Management has made regarding Comtech's performance, strategy, Board of Directors

Comtech Sets the Record Straight Regarding Outerbridge's Continued Misleading Claims

MELVILLE, N.Y.--(BUSINESS WIRE)--November 24, 2021-- Comtech Telecommunications Corp. (NASDAQ: CMTL), a leading global provider of next-generation 911 emergency systems and secure wireless communications technologies, today announced that it has filed an investor presentation with the Securities and Exchange Commission (“SEC”) in connection with its upcoming Fiscal 2021 Annual Meeting of Stockholders. The presentation is available under the stockholder materials section of https://comtechcreate

Comtech Files New Investor Presentation

MELVILLE, N.Y.--(BUSINESS WIRE)--November 23, 2021-- Comtech Telecommunications Corp. (NASDAQ: CMTL), a leading global provider of next-generation 911 emergency systems and secure wireless communications technologies, announced today, that during its first quarter of fiscal 2022, it was awarded a $1.3 million contract renewal with a U.S. tier-one mobile network operator for precise location services. “We believe our Position Determining Engine (“PDE”) to be the best available on a large scale,”

Comtech Telecommunications Corp. Awarded $1.3 Million Contract Renewal with a U.S. Tier-One Carrier

NEW YORK--(BUSINESS WIRE)--Outerbridge Capital Management, LLC (“Outerbridge”), a beneficial owner of approximately 4.9% of Comtech Telecommunications Corp.'s (NASDAQ: CMTL) (“Comtech” or the “Company”) outstanding shares of common stock, today issued an investor presentation outlining the case for change at Comtech. Outerbridge has nominated two highly qualified director candidates – Wendi Carpenter and Sidney “Sid” Fuchs – for election to the Comtech Board of Directors (the “Board”) at the up

Outerbridge Issues Presentation Detailing the Need for Board Refreshment at Comtech

MELVILLE, N.Y.--(BUSINESS WIRE)--November 22, 2021-- Comtech Telecommunications Corp. (NASDAQ: CMTL), a leading global provider of next-generation 911 emergency systems and secure wireless communications technologies, today announced that it has mailed a letter to stockholders detailing the deficiencies of Outerbridge Capital Management's nominees and enabling shareholders to get to know Comtech's highly qualified director candidates. Comtech invites shareholders to familiarize themselves with

Comtech Urges Stockholders to Get to Know Its Outstanding Director Candidates

MELVILLE, N.Y.--(BUSINESS WIRE)--November 18, 2021-- Comtech Telecommunications Corp. (NASDAQ: CMTL), a leading global provider of next-generation 911 emergency systems and secure wireless communications technologies, announced today, that during its first quarter of fiscal 2022, it was awarded a $1.7 million renewal agreement with a U.S. tier-one mobile network operator. This brings total bookings to-date with this Trusted Location customer to over $24.0 million. The service is a hosted turn-k

Comtech Telecommunications Corp. Awarded $1.7 Million Contract Renewal with U.S. Tier-One Mobile Network Operator

MELVILLE, N.Y.--(BUSINESS WIRE)--November 17, 2021-- Comtech Telecommunications Corp. (NASDAQ: CMTL), a leading global provider of next-generation 911 emergency systems and secure wireless communications technologies, announced today, that during its first quarter of fiscal 2022, it was awarded an additional contract valued at $1.8 million for RF microwave solid-state amplifiers from a major domestic prime contractor. These very high-power solid-state amplifiers, which utilize the latest in GaN

Comtech Telecommunications Corp. Awarded $1.8 Million Contract for High-Power Solid-State Amplifiers

Comtech (CMTL) bolsters innovation in the space industry by joining the Digital Intermediate Frequency Interoperability Consortium.

Comtech (CMTL) Joins DIFI, Boosts Innovation in Space Industry

MELVILLE, N.Y.--(BUSINESS WIRE)--November 16, 2021-- Comtech Telecommunications Corp. (NASDAQ: CMTL), a leading global provider of next-generation 911 emergency systems and secure wireless communications technologies, announced today, that during its first quarter of fiscal 2022, it was awarded $3.7 million of funding to provide the State of Maryland Department of Human Services (“DHS”) with statewide Technical Operations Support Services (“TOSS”). Comtech and its experienced team members work

Comtech Telecommunications Corp. Awarded $3.7 Million of Funding to Support State of Maryland Department of Human Services with IT Services

MELVILLE, N.Y.--(BUSINESS WIRE)--November 15, 2021-- Comtech Telecommunications Corp. (NASDAQ: CMTL), a leading global provider of next-generation 911 emergency systems and secure wireless communications technologies, today announced that it has joined the Digital Intermediate Frequency Interoperability (“DIFI”) Consortium, an independent space industry group formed to advance interoperability in satellite and ground system networks. Comtech joins a growing roster of leading organizations in th

Comtech Joins the Digital IF Interoperability Consortium (DIFI)

NEW YORK--(BUSINESS WIRE)--Outerbridge Capital Management, LLC (“Outerbridge”), a beneficial owner of approximately 4.9% of Comtech Telecommunications Corp.'s (NASDAQ: CMTL) (“Comtech” or the “Company”) outstanding shares of common stock, today announced that it has filed its Definitive Proxy Statement and has sent a letter to shareholders in connection with its nomination of two highly qualified director candidates – Wendi Carpenter and Sidney “Sid” Fuchs – for election to the Comtech Board of

Outerbridge Files Definitive Proxy Statement and Sends Letter to Comtech Shareholders

MELVILLE, N.Y.--(BUSINESS WIRE)--November 11, 2021-- Comtech Telecommunications Corp. (NASDAQ: CMTL), a leading global provider of next-generation 911 emergency systems and secure wireless communications technologies, announced today that it will present at the Ladenburg Thalmann Virtual Technology Expo 2021 on Thursday, November 18, 2021 at 9:00 a.m. ET. Comtech management will provide an overview of the Company and its business opportunities. The Company will also conduct virtual one-on-one m

Comtech Telecommunications Corp. to Present at Ladenburg Thalmann Virtual Technology Expo 2021

MELVILLE, N.Y.--(BUSINESS WIRE)--November 11, 2021-- Comtech Telecommunications Corp. (NASDAQ: CMTL), a leading global provider of next-generation 911 emergency systems and secure wireless communications technologies, today announced that it has filed definitive proxy materials with the Securities and Exchange Commission (“SEC”) in connection with its upcoming Fiscal 2021 Annual Meeting of Stockholders. In conjunction with the definitive proxy filing, Comtech is mailing a letter to stockholders

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