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)--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

Comtech Telecommunications Corp. Awarded $6.2 Million of Additional Funding to Support the U.S. Army's Blue Force Tracking System

MELVILLE, N.Y.--(BUSINESS WIRE)--April 29, 2021-- Comtech Telecommunications Corp. (NASDAQ: CMTL), a world leader in secure wireless communications technologies, announced today, that during its third quarter of fiscal 2021, Comtech Solacom Technologies, Inc., a division of Comtech's Commercial Solutions segment, was awarded a Next Generation 911 (“NG911”) services contract to provide its Guardian call management solution to the Toronto Paramedic Services, the largest municipal paramedic servic

Comtech Telecommunications Corp. Awarded $1.6 Million Toronto Paramedic Services Next Generation 911 Contract

MELVILLE, N.Y.--(BUSINESS WIRE)--April 14, 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 orders aggregating over $3.8 million with a tier-one mobile network operator. These orders are for additional capabilities on Comtech's Virtual Mobility Location Center platf

Comtech Telecommunications Corp. Awarded Orders Totaling $3.8 Million with Tier-One Mobile Network Operator

MELVILLE, N.Y.--(BUSINESS WIRE)--April 8, 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 Location Technologies group, a division of Comtech's Commercial Solutions segment, was awarded a $1.3 million contract renewal to support messaging services. “This valued customer has relied on Comtech for over 20 years for short message service center support,” said Fre

Comtech Telecommunications Corp. Awarded $1.3 Million Contract Renewal with Tier-One Mobile Network Operator

Comtech (CMTL) unit introduces a ground-breaking satellite modem CDM-650 to establish a seamless and safe communications infrastructure for government and military networks.

Comtech (CMTL) Arm Unveils Satellite Modem to Boost Networks

MELVILLE, N.Y.--(BUSINESS WIRE)--March 31, 2021-- Comtech Telecommunications Corp. (NASDAQ: CMTL) announced today that its subsidiary, Comtech EF Data Corp., a leading provider of satellite communication equipment (together “Comtech”), introduced a new product, the CDM-650 Satellite Modem. The CDM-650 leverages the heritage and feature set of Comtech's SLM-5650B/C, CDM-625A and CDM-425 modems, which have been adopted and deployed globally to support government and commercial applications. “We a

Comtech Telecommunications Corp. Expands Satellite Modem Product Line

MELVILLE, N.Y.--(BUSINESS WIRE)--March 22, 2021-- Comtech Telecommunications Corp. (NASDAQ: CMTL) announced today, that during its third quarter of fiscal 2021, its subsidiary, Comtech Xicom Technology, Inc., a world leader in high-power amplifiers, received a contract valued at more than $1.0 million for X-band SSPA/BUCs for transportable military satellite communications (“satcom”) ground systems. X-band is set aside for government satellite service, primarily military applications that requi

Comtech Telecommunications Corp. Awarded Follow-on Order for More Than $1.0 Million for Military X-band SSPAs

MELVILLE, N.Y.--(BUSINESS WIRE)--March 19, 2021-- Comtech Telecommunications Corp. (NASDAQ: CMTL) announced today that it will present at the Sidoti Spring 2021 Virtual Investor Conference on Wednesday, March 24, 2021 at 1:45 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. A webcast of the presentation will be available on Comtech's website at www.comt

Comtech Telecommunications Corp. to Present at Sidoti Spring 2021 Virtual Investor Conference

Comtech (CMTL) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

All You Need to Know About Comtech (CMTL) Rating Upgrade to Buy

Comtech Telecommunications Corp.'s (CMTL) CEO Fred Kornberg on Q2 2021 Results - Earnings Call Transcript

Comtech (CMTL) delivered earnings and revenue surprises of 383.33% and 17.28%, respectively, for the quarter ended January 2021. Do the numbers hold clues to what lies ahead for the stock?

Comtech Telecommunications (CMTL) Surpasses Q2 Earnings and Revenue Estimates

\Shares of Comtech (NASDAQ:CMTL) moved higher by 4% in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share were down 15.62% year over year to $0.27, which beat the estimate of $0.04.

Recap: Comtech Q2 Earnings

MELVILLE, N.Y.--(BUSINESS WIRE)--March 11, 2021-- Comtech Telecommunications Corp. (NASDAQ: CMTL) today reported its operating results for the second fiscal quarter ended January 31, 2021 and updated its financial targets for fiscal 2021. Fiscal 2021 Second Quarter Highlights Consolidated net sales of $161.3 million and Adjusted EBITDA of $18.1 million (or 11.2% of consolidated net sales) significantly exceeded Comtech's expectation for its second quarter of fiscal 2021. Adjusted EBITDA is a no

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

Comtech Telecomms (NASDAQ:CMTL) announces its next round of earnings this Thursday, March 11. Here is Benzinga's everything-that-matters guide for this Thursday's Q2 earnings announcement.

A Preview Of Comtech Telecomms's Earnings

MELVILLE, N.Y.--(BUSINESS WIRE)--March 10, 2021-- Comtech Telecommunications Corp. (NASDAQ: CMTL), a world leader in secure and highly reliable communication technologies, announced today, that during its second quarter of fiscal 2021, its Safety & Security Technologies group, which is part of Comtech's Commercial Solutions segment, was awarded $3.1 million of additional funding on a previously announced statewide contract to design, deploy, and operate Next Generation 911 (“NG911”) service

Comtech Telecommunications Corp. Awarded $3.1 Million in Orders for Statewide Next Generation 911 Technologies and Services

MELVILLE, N.Y.--(BUSINESS WIRE)--March 8, 2021-- Comtech Telecommunications Corp. (NASDAQ: CMTL) announced today, that during its second quarter of fiscal 2021, its subsidiary, Comtech EF Data Corp., a leading provider of satellite communication equipment, was awarded $1.5 million in orders from a North American communications service provider. The orders specified the CDM-760 Advanced High-Speed Trunking and Broadcast Modem and the HX 5020c-Duo Optimizer. The combined solution enables high-spe

Comtech Telecommunications Corp. Awarded $1.5 Million in Orders for Satellite Modems and Optimization Equipment

MELVILLE, N.Y.--(BUSINESS WIRE)--March 5, 2021 -- Comtech Telecommunications Corp. (NASDAQ: CMTL), a leading provider of products, systems and services for advanced communications solutions, today announced that it will report its second quarter of fiscal 2021 results after the market closes on Thursday, March 11, 2021. The Company has scheduled an investor conference call for Thursday, March 11, 2021 at 4:30 PM ET. Investors are invited to access a live webcast of the conference call from the

Comtech Telecommunications Corp. to Report Second Quarter of Fiscal 2021 Results on March 11th

MELVILLE, N.Y.--(BUSINESS WIRE)--March 3, 2021 -- Comtech Telecommunications Corp. (“Comtech”) (NASDAQ: CMTL), a global leader in the advanced secure wireless communications market, announced today that it has closed the acquisition of UHP Networks Inc. (“UHP”), a leading provider of innovative and disruptive satellite ground station technology solutions. Founded in 2011, UHP is based in Canada and has developed revolutionary technology that is transforming the growing Very Small Aperture Termi

Comtech Telecommunications Corp. Closes Strategic Acquisition of UHP Networks Inc.

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.

Analysts Estimate Comtech Telecommunications (CMTL) to Report a Decline in Earnings: What to Look Out for

MELVILLE, N.Y.--(BUSINESS WIRE)--February 24, 2021--Comtech Telecommunications Corp. (NASDAQ: CMTL) announced today, that during its second quarter of fiscal year 2021, its Mission-Critical Technologies group's Space & Component Technology Division, which is part of Comtech's Government Solutions segment, was awarded a contract from NASA's Glenn Research Center for a Ka/S-band antenna system and radome to be installed at its new Aerospace Communications Facility in Cleveland, OH, supporting

Comtech Telecommunications Corp. Awarded Fast Tracking Ground Station Antenna System Contract from NASA Glenn Research Center

MELVILLE, N.Y.--(BUSINESS WIRE)--February 23, 2021--Comtech Telecommunications Corp. (NASDAQ: CMTL) announced today, that during its second quarter of fiscal 2021, its New York-based subsidiary, Comtech PST Corp., which is part of Comtech's Government Solutions segment, was awarded a $2.8 million contract for high-power amplifier systems from an international prime contractor. These very broad frequency band amplifier systems, which utilize the latest in solid-state GaN transistor technology, w

Comtech Telecommunications Corp. Awarded $2.8 Million Contract for High-Power Amplifier Systems

MELVILLE, N.Y.--(BUSINESS WIRE)--February 22, 2021-- Comtech Telecommunications Corp. (NASDAQ: CMTL) announced today, that during its second quarter of fiscal year 2021, its Mission-Critical Technologies group's Space & Component Technology Division, which is part of Comtech's Government Solutions segment, was awarded a follow-on order from a multinational infrastructure support company for a 21.5m radome. "Based on our success with this customer on the first radome we supplied, we are quit

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