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)--July 20, 2021-- Comtech Telecommunications Corp. (NASDAQ: CMTL), a world leader in next-generation 911 emergency systems and secure wireless communication technologies, announced today that, during its fourth quarter of fiscal 2021, it has been awarded a $7.1 million multi-year contract for the deployment of a cellular-based Wireless Emergency Alerts (“WEA”) solution with a tier-one mobile network operator. This is Comtech's first major award for a WEA solution.

Comtech Telecommunications Corp. Awarded $7.1 Million Emergency Alerts Contract to Enhance Nationwide Public Safety

MELVILLE, N.Y.--(BUSINESS WIRE)--July 19, 2021-- Comtech Telecommunications Corp. (NASDAQ: CMTL), a world leader in secure wireless communications technologies, announced today, that during its fourth quarter of fiscal 2021, its Government Solutions segment was awarded a $3.2 million follow-on contract from the Brazilian military to supply additional satellite equipment and services for its Air Traffic Control network. “We are pleased that this customer continues to deploy our advanced satellit

Comtech Telecommunications Corp. Awarded $3.2 Million Contract to Provide Additional Satellite Systems to Support the Brazilian Military

MELVILLE, N.Y.--(BUSINESS WIRE)--June 23, 2021-- Comtech Telecommunications Corp. (NASDAQ: CMTL), a world leader in secure wireless communications technologies, announced today that it will present at the Singular Research Summer Solstice Webinar on Thursday, June 24, 2021 at 4:45 p.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 investors throughout the day. To attend the conference

Comtech Telecommunications Corp. to Present at Singular Research Summer Solstice Webinar

Comtech Telecommunications (CMTL)

MELVILLE, N.Y.--(BUSINESS WIRE)--June 21, 2021-- Comtech Telecommunications Corp. (NASDAQ: CMTL), a world leader in secure wireless communications technologies, announced today that it will present at the Sidoti Virtual Investor Conference on Wednesday, June 23, 2021 at 9:15 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 investors throughout the day. A webcast of the presentation

Comtech Telecommunications Corp. to Present at Sidoti Virtual Investor Conference

MELVILLE, N.Y.--(BUSINESS WIRE)--June 17, 2021-- Comtech Telecommunications Corp. (NASDAQ: CMTL), a world leader in secure wireless communications technologies, announced today, that Comtech Solacom Technologies, Inc., a division of Comtech's Commercial Solutions segment, was awarded a Next Generation 911 (“NG 911”) modernization project for a U.S. Government end customer. Of the total $5.0 million contract value, $3.2 million was awarded to Comtech in its fourth fiscal quarter. Comtech Solacom

Comtech Telecommunications Corp. Awarded $5.0 Million Contract to Deploy a Next Generation 911 Solution to a U.S. Government End Customer

MELVILLE, N.Y.--(BUSINESS WIRE)--June 16, 2021-- Comtech Telecommunications Corp. (NASDAQ: CMTL), a world leader in secure wireless communications technologies, confirms receipt of a letter dated June 14, 2021 to its Board of Directors from Outerbridge Capital Management LLC, which was also disclosed publicly. Comtech values feedback and is always open to hearing from its shareholders. Comtech Telecommunications Corp. is a leader in the global communications market headquartered in Melville, Ne

Comtech Confirms Receipt of Letter

MELVILLE, N.Y.--(BUSINESS WIRE)--June 14, 2021-- Comtech Telecommunications Corp. (NASDAQ: CMTL), a world leader in secure wireless communication technologies, announced today that it will participate in the virtual East Coast IDEAS Investor Conference on Wednesday, June 16, 2021. The Company's presentation will be webcasted and is scheduled to be available on June 16, 2021 at 8:00 am ET. Comtech management will provide an overview of the Company and its business opportunities. The Company will

Comtech Telecommunications Corp. to Present Virtually at East Coast IDEAS Investor Conference

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Comtech Telecommunications Corp. (CMTL) CEO Fred Kornberg on Q3 2021 Results - Earnings Call Transcript

MELVILLE, N.Y.--(BUSINESS WIRE)--June 8, 2021-- Comtech Telecommunications Corp. (NASDAQ: CMTL) today reported its operating results for the third fiscal quarter ended April 30, 2021 and updated its financial targets for fiscal 2021. Fiscal 2021 Third Quarter Highlights Consolidated net sales of $139.4 million and Adjusted EBITDA of $17.7 million (or 12.7% of consolidated net sales). Adjusted EBITDA, which significantly exceeded Comtech's expectation for its third quarter of fiscal 2021, is a n

Comtech Telecommunications Corp. Announces Results for Its Fiscal 2021 Third Quarter and Updates Its Financial Targets for Fiscal 2021

MELVILLE, N.Y.--(BUSINESS WIRE)--June 7, 2021--Comtech Telecommunications Corp. (NASDAQ: CMTL), a world leader in secure wireless communications technologies, today announced that it will report its third quarter of fiscal 2021 results after the market closes on Tuesday, June 8, 2021. The Company has scheduled an investor conference call for Tuesday, June 8, 2021 at 4:30 PM ET. Investors are invited to access a live webcast of the conference call from the investor relations section of the Comte

Comtech Telecommunications Corp. to Report Third Quarter of Fiscal 2021 Results on June 8th

MELVILLE, N.Y.--(BUSINESS WIRE)--June 4, 2021-- Comtech Telecommunications Corp. (NASDAQ: CMTL), a world leader in secure wireless communication technologies, announced today, that during its third quarter of fiscal 2021, its Location Technologies group, a division of Comtech's Commercial Solutions segment, was awarded its first international 5G location services contract with a leading tier-one mobile network operator in Australia. “We are pleased to continue working with this long-standing cu

Comtech Telecommunications Corp. Announces First International 5G Location Services Contract with a Tier-One Carrier

MELVILLE, N.Y.--(BUSINESS WIRE)--May 26, 2021-- Comtech Telecommunications Corp. (NASDAQ: CMTL), a world leader in secure wireless communications technologies, announced today that during its third quarter of fiscal 2021, its New York-based subsidiary, Comtech PST Corp., which is part of Comtech's Government Solutions segment, was awarded an additional $1.6 million contract for RF microwave solid-state amplifiers from a major domestic prime contractor, adding to an initial $1.7 million contract

Comtech Telecommunications Corp. Awarded $1.6 Million Contract for High-Power Solid-State Amplifiers

MELVILLE, N.Y.--(BUSINESS WIRE)--May 19, 2021 -- Comtech Telecommunications Corp. (NASDAQ: CMTL), a world leader in secure wireless communications technologies, announced today, that during its third quarter of fiscal 2021, its Government Solutions segment was awarded an order worth approximately $2.0 million to provide the U.S. Marine Corps with command and control modules for Program Manager Light Armored Vehicles (“PM LAV”). “This order places our rugged baseband products with the U.S. Marin

Comtech Telecommunications Corp. Awarded Order to Provide Rugged Baseband Equipment

Comtech (CMTL) subsidiary, Comtech Xicom Technology, clinches a $2 million order from an unnamed military system integrator for the supply of Ka-band high power traveling wave tube amplifiers.

Comtech (CMTL) Unit Wins $2M Deal From Military System Integrator

MELVILLE, N.Y.--(BUSINESS WIRE)--May 18, 2021-- Comtech Telecommunications Corp. (NASDAQ: CMTL), a world leader in secure wireless communications technologies, announced today that during its third quarter of fiscal 2021, its Santa Clara, California-based subsidiary, Comtech Xicom Technology, Inc., was awarded a follow-on order valued at more than $1.0 million for its Falcon 50Ka Solid-State Power Amplifiers (“SSPAs”) for an In-Flight Connectivity (“IFC”) application. These amplifiers feature a

Comtech Telecommunications Corp. Awarded $1.0 Million Follow-on Contract for Ka-band Airborne SSPA/BUC

MELVILLE, N.Y.--(BUSINESS WIRE)--May 17, 2021-- Comtech Telecommunications Corp. (NASDAQ: CMTL), a world leader in secure wireless communications technologies, announced today, that during its third quarter of fiscal 2021, its Santa Clara, California-based subsidiary, Comtech Xicom Technology, Inc., a world leader in high-power amplifiers, was awarded a $2.0 million order for rugged Ka-band high power traveling wave tube amplifiers (“TWTAs”) for a U.S. military communications system that provid

Comtech Telecommunications Corp. Awarded $2.0 Million Contract for Ka-band TWTAs

MELVILLE, N.Y.--(BUSINESS WIRE)--May 13, 2021-- Comtech Telecommunications Corp. (NASDAQ: CMTL), a world leader in secure wireless communications technologies, announced today, that during its third quarter of fiscal 2021, its Santa Clara, California-based subsidiary, Comtech Xicom Technology, Inc., a world leader in high-power amplifiers, was awarded a contract valued at more than $3.0 million for QV-band traveling wave tube amplifiers (“TWTAs”) to support a new high-speed satellite network. “

Comtech Telecommunications Corp. Awarded $3.0 Million QV-Band TWTA Contract for High Frequency Satcom Amplifiers

MELVILLE, N.Y.--(BUSINESS WIRE)--May 12, 2021-- Comtech Telecommunications Corp. (NASDAQ: CMTL), a world leader in secure wireless communication technologies, announced today, that during its third quarter of fiscal 2021, its Location Technologies group, a division of Comtech's Commercial Solutions segment, has finalized a $9.8 million contract with a major tier-one mobile network operator. This contract is for a broad suite of new capabilities and services centered around virtualized applicati

Comtech Telecommunications Corp. Awarded $9.8 Million Contract with Tier-One Mobile Network Operator

MELVILLE, N.Y.--(BUSINESS WIRE)--May 11, 2021-- Comtech Telecommunications Corp. (NASDAQ: CMTL), a world leader in secure wireless communications technologies, announced today, that during its third quarter of fiscal 2021, its Santa Clara, California-based subsidiary, Comtech Xicom Technology, Inc., a world leader in high-power amplifiers, was awarded a $2.0 million order for state-of-the-art 500W Ka-band high power amplifiers supporting a leading high throughput satellite (“HTS”) customer. The

Comtech Telecommunications Corp. Awarded $2.0 Million Contract for 500W Ka-band Gateway Amplifiers

MELVILLE, N.Y.--(BUSINESS WIRE)--May 10, 2021-- Comtech Telecommunications Corp. (NASDAQ: CMTL), a world leader in secure wireless communications technologies, announced today, that during its third quarter of fiscal 2021, its Space & Component Technology Group, which is part of Comtech's Government Solutions segment, was awarded a $3.0 million order from an overseas agency for ground station maintenance and support. “We are pleased that our customer continues to place its faith in our Grou

Comtech Telecommunication Corp. Awarded $3.0 Million Order for Maintenance of Downrange Tracking Stations

MELVILLE, N.Y.--(BUSINESS WIRE)--May 5, 2021-- Comtech Telecommunications Corp. (NASDAQ: CMTL), a world leader in secure wireless communications technologies, announced today, that during its third quarter of fiscal 2021, its Government Solutions segment was awarded $9.2 million of additional funding on the Army's previously announced award to provide ongoing system refurbishments, sustainment services and baseband equipment. To-date, the U.S. Army has funded $20.7 million of the $57.9 million

Comtech Telecommunications Corp. Awarded $9.2 Million in Orders from the U.S. Army for Mobile Satellite Equipment

MELVILLE, N.Y.--(BUSINESS WIRE)--May 4, 2021-- Comtech Telecommunications Corp. (NASDAQ: CMTL), a world leader in secure wireless communications technologies, announced today, that during its third quarter of fiscal 2021, its Government Solutions segment was awarded an additional $6.5 million of funding from the Federal Government for its Joint Cyber Analysis Course (“JCAC”) Training solutions. The contract has been funded $76.3 million to date. “Our Cyber Training team continues to provide dyn

Comtech Telecommunications Corp. Awarded $6.5 Million of Funding for Cyber Training Solutions

MELVILLE, N.Y.--(BUSINESS WIRE)--May 3, 2021-- Comtech Telecommunications Corp. (NASDAQ: CMTL), a world leader in secure wireless communications technologies, announced today, that during its third quarter of fiscal 2021, its Government Solutions segment, through its Maryland-based subsidiary, Comtech Mobile Datacom Corporation, was awarded $6.2 million of additional funding for Option Period Four of contract GS03Q17DSC0002. The overall funded value to date, inclusive of the Base and Option Per

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