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)--September 9, 2021-- Comtech Telecommunications Corp. (NASDAQ: CMTL) today confirmed receipt of notice from Outerbridge Capital Management of its intention to nominate three individuals to stand for election to Comtech's Board of Directors at the Company's 2021 Annual Meeting of Stockholders, which the Board anticipates will be held in December 2021. The Company issued the following statement: Comtech's Board and management team maintain regular, open dialogue wi

Comtech Comments on Director Nominations Notice

MELVILLE, N.Y.--(BUSINESS WIRE)--August 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 fourth quarter of fiscal 2021, it was awarded $3.7 million of additional funding on the U.S. Army's previously announced task order award to provide ongoing system refurbishments, sustainment services and baseband equipment. This most recent funding

Comtech Telecommunications Corp. Awarded $3.7 Million in Orders from the U.S. Army for Mobile Satellite Equipment

MELVILLE, N.Y.--(BUSINESS WIRE)--August 26, 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 fourth quarter of fiscal year 2021, it was awarded $2.1 million of additional funding from a major U.S. prime contractor in support of NASA's Space Launch System (“SLS”) Control System Electronics. The contract consolidates requirements for high reli

Comtech Telecommunications Corp. Awarded $2.1 Million of Funding for EEE Parts Management, Procurement and Engineering Services

REDMOND, Wash. & MELVILLE, N.Y.--(BUSINESS WIRE)-- #DoD--Kymeta, the communications company making mobile global, and Comtech Telecommunications Corp. (NASDAQ: CMTL), a leading global provider of next-generation 911 emergency systems and secure wireless communications technologies, announced today a technology and business development partnership. As a result, Kymeta has diversified its service offerings via network compatibility with Comtech's UHP-200 Universal Satellite Router and the Kymeta™ u8 ter

Kymeta and Comtech Telecommunications Corp. Announce Technology and Business Development Partnership

MELVILLE, N.Y.--(BUSINESS WIRE)--August 24, 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 fourth quarter of fiscal 2021, it was awarded multiple contracts aggregating $6.3 million for 500W Ka-band traveling wave tube amplifiers (“TWTAs”) for both military and commercial High-throughput Satellite (“HTS”) systems. HTS systems offer the high

Comtech Telecommunications Corp. Awarded $6.3 Million in Contracts for High-Power Ka-Band TWTAs

MELVILLE, N.Y.--(BUSINESS WIRE)--August 20, 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 participate in the virtual Midwest IDEAS Investor Conference on Wednesday, August 25, 2021. The Company's presentation will be webcasted and is scheduled to be available on August 25, 2021 at 8:00 am ET. Comtech management will provide an overview of the

Comtech Telecommunications Corp. to Participate in Midwest IDEAS Investor Conference

MELVILLE, N.Y.--(BUSINESS WIRE)--August 19, 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 fourth quarter of fiscal 2021, it was awarded a contract with a Canadian tier-one mobile network operator to supply 5G location services. “Comtech is honored to announce this further international expansion of our 5G service offerings. We continue to

Comtech Telecommunications Corp. Awarded 5G Contract with Canadian Wireless Network Operator

MELVILLE, N.Y.--(BUSINESS WIRE)--August 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 fourth quarter of fiscal 2021, it was awarded a contract valued at up to $4.7 million with a channel partner to supply new releases to messaging application software for a U.S. tier-one mobile network operator. “This long-time customer has depended o

Comtech Telecommunications Corp. Awarded $4.7 Million Contract with Channel Partner

Comtech's (CMTL) troposcatter products are increasingly becoming popular among the U.S. and foreign military forces owing to high data rate transmission and reduced operating expenditure.

Comtech (CMTL) Unit Secures $1.7 Million Contract for COMET

MELVILLE, N.Y.--(BUSINESS WIRE)--August 16, 2021-- Comtech Telecommunications Corp. (NASDAQ: CMTL), a global leading provider of next-generation 911 emergency systems and secure wireless communications technologies, announced today that it will be showcasing all of the Company's Next Generation 911 (“NG911”) solutions August 16-17 at the annual Association of Public-Safety Communications Officials (“APCO”) Conference & Expo. With decades of experience, Comtech has developed an extensive por

Comtech Telecommunications Corp. to Showcase 911 Solutions for States and Local Jurisdictions at APCO 2021

MELVILLE, N.Y.--(BUSINESS WIRE)--August 16, 2021-- Comtech Telecommunications Corp. (NASDAQ: CMTL), a global leading provider of next-generation 911 emergency systems and secure wireless communications technologies, announced today, that during its fourth quarter of fiscal 2021, a non-U.S. NATO military customer awarded Comtech a $1.7 million contract for multiple COMET terminals. This represents the second procurement of COMET terminals by a non-U.S. NATO military customer, in additional to th

Comtech Telecommunications Corp. Awarded $1.7 Million Contract for COMET Terminals

MELVILLE, N.Y.--(BUSINESS WIRE)--August 16, 2021-- Comtech Telecommunications Corp. (NASDAQ: CMTL), a global leading provider of next-generation 911 emergency systems and secure wireless communications technologies, announced today that its recently refreshed Board of Directors intends to submit a plan to Comtech's shareholders at the Fiscal 2021 Annual Meeting of Stockholders to eliminate staggered three-year terms for its directors. Fred Kornberg, Comtech's Chairman of the Board and Chief Exe

Comtech Announces its Intention to Declassify its Board of Directors

MELVILLE, N.Y.--(BUSINESS WIRE)--August 12, 2021-- Comtech Telecommunications Corp. (NASDAQ: CMTL), a global leading provider of next-generation 911 emergency systems and secure wireless communications technologies, announced today, that during its fourth quarter of fiscal 2021, it was awarded multiple contracts aggregating $3.6 million from a U.S. system integrator for X-band SSPAs and BUCs for transportable satellite communication terminals. Secure and available satellite communications are r

Comtech Telecommunications Corp. Awarded $3.6 Million in Contracts for Military X-band SSPAs

MELVILLE, N.Y.--(BUSINESS WIRE)--August 11, 2021 -- Comtech Telecommunications Corp. (NASDAQ: CMTL), a global leading provider of next-generation 911 emergency systems and secure wireless communications technologies, announced today, that during its fourth quarter of fiscal 2021, it was awarded a contract for approximately $1.0 million for operations support features and enhancements supporting 5G applications with a major tier-one mobile network operator in the United States. “Comtech is dedic

Comtech Telecommunications Corp. Awarded $1.0 Million Contract for 5G Support with a Tier-One U.S. Carrier

MELVILLE, N.Y.--(BUSINESS WIRE)--August 10, 2021-- Comtech Telecommunications Corp. (NASDAQ: CMTL), a global leading provider of next-generation 911 emergency systems and secure wireless communications technologies, announced today, that during its fourth quarter of fiscal 2021, it was awarded a $1.0 million contract for high-power amplifiers from a major domestic prime contractor. These amplifiers, which utilize the latest in solid-state GaN transistor technology, are key transmit elements in

Comtech Telecommunications Corp. Awarded $1.0 Million Contract for High-Power Amplifiers

MELVILLE, N.Y.--(BUSINESS WIRE)--August 5, 2021-- Comtech Telecommunications Corp. (NASDAQ: CMTL), a global leading provider of next-generation 911 emergency systems and secure wireless communications technologies, announced today, that during its fourth quarter of fiscal 2021, it was awarded a $1.4 million contract for RF microwave control components from a major domestic prime contractor. These integrated microwave assemblies and protection components provide for very broad frequency coverage

Comtech Telecommunications Corp. Awarded $1.4 Million Contract for RF Microwave Control Components

MELVILLE, N.Y.--(BUSINESS WIRE)--August 4, 2021-- Comtech Telecommunications Corp. (NASDAQ: CMTL), a global leading provider of next-generation 911 emergency systems and secure wireless communications technologies, announced today, that during its fourth quarter of fiscal year 2021, it was awarded a $1.5 million contract from a major U.S. satellite communications manufacturer for SATCOM antenna feeds for their 1.3 meter Fly-Away Terminal. “This order demonstrates the success of supplying our ad

Comtech Telecommunications Corp. Awarded $1.5 Million Contract for SATCOM Antenna Feeds for a Major U.S. Satellite Communications Manufacturer

MELVILLE, N.Y.--(BUSINESS WIRE)--August 2, 2021-- Comtech Telecommunications Corp. (NASDAQ: CMTL), a global leading provider of next-generation 911 emergency systems and secure wireless communications technologies, announced today, that during its fourth quarter of fiscal year 2021, it was awarded a $2.1 million follow-on contract from a commercial space company for several full-motion large aperture antenna tracking systems. “This award, for this important project and customer, demonstrates th

Comtech Telecommunications Corp. Awarded $2.1 Million Order for Full-Motion Tracking Systems from Commercial Space Entity

MELVILLE, N.Y.--(BUSINESS WIRE)--August 2, 2021-- Comtech Telecommunications Corp. (NASDAQ: CMTL), a global leading provider of next-generation 911 emergency systems and secure wireless communications technologies, announced today, that during its fourth quarter of fiscal 2021, it was awarded a statewide contract to provide Next Generation 911 (“NG911”) services for the State of Iowa. This multi-year contract includes contract extension options and is valued up to $48.5 million. Initial funding

Comtech Telecommunications Corp. Awarded Contract Valued up to $48.5 Million for Statewide Next Generation 911 Technologies and Services

MELVILLE, N.Y.--(BUSINESS WIRE)--July 29, 2021-- Comtech Telecommunications Corp. (NASDAQ: CMTL), a global leading provider of next-generation 911 emergency systems and secure wireless communications technologies, announced today, that during its fourth quarter of fiscal year 2021, it was awarded a multi-million dollar contract from an overseas agency for development of a large transportable launch tracking ground station. “We are pleased that our long-term customer continues to rely on Comtech

Comtech Telecommunications Corp. Awarded Multi-Million Dollar Order for New Ground Station Development Contract

MELVILLE, N.Y.--(BUSINESS WIRE)--July 28, 2021-- Comtech Telecommunications Corp. (NASDAQ: CMTL), a global leading provider of next-generation 911 emergency systems and secure wireless communications technologies, announced today, that during its fourth quarter of fiscal 2021, its Location Technologies group, a division of Comtech's Commercial Solutions segment, was awarded a $4.0 million maintenance renewal agreement with a channel partner to continue to provide messaging application support f

Comtech Telecommunications Corp. Awarded $4.0 Million Contract Renewal with Channel Partner

MELVILLE, N.Y.--(BUSINESS WIRE)--July 27, 2021 -- Comtech Telecommunications Corp. (NASDAQ: CMTL), a global leading provider of next-generation 911 emergency systems and secure wireless communications technologies, announced today that it will present at the Jefferies Virtual Industrials Conference on Tuesday, August 3, 2021 at 11:30 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 meetings with

Comtech Telecommunications Corp. to Present at Jefferies Virtual Industrials Conference

MELVILLE, N.Y.--(BUSINESS WIRE)--July 27, 2021-- Comtech Telecommunications Corp. (NASDAQ: CMTL), a global leading provider of next-generation 911 emergency systems and secure wireless communications technologies, announced today, that during its fourth quarter of fiscal 2021, its New York-based subsidiary, Comtech PST Corp., which is part of Comtech's Government Solutions segment, was awarded a $1.1 million contract for solid-state high-power amplifier systems from a major domestic prime contr

Comtech Telecommunications Corp. Awarded $1.1 Million Contract for High-Power Amplifiers

Comtech Telecommunications Corp (NASDAQ: CMTL) won a multi-year statewide contract valued at $35.8 million to design, deploy, and operate Next Generation 911 (NG911) services for the State of Arizona. Excluding the multi-year contract extension option, the contract is worth $23.5 million.

Comtech Telecommunications Bags Arizona's $35.8M NG911 Contract

MELVILLE, N.Y.--(BUSINESS WIRE)--July 26, 2021-- Comtech Telecommunications Corp. (NASDAQ: CMTL), a global leading provider of next-generation 911 emergency systems and secure wireless communications technologies, announced that, during its fourth quarter of fiscal 2021, its Safety & Security Technologies (“SST”) group, which is part of Comtech's Commercial Solutions segment, was awarded a multi-year statewide contract valued at $35.8 million to design, deploy, and operate Next Generation 9

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