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.

LOS ANGELES, CA / ACCESSWIRE / June 27, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Comtech Telecommunications Corp. ("Comtech" or "the Company") (NASDAQ:CMTL) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

The Schall Law Firm Urges Investors In Comtech Telecommunications Corp With Losses Exceeding $100,000 To Begin Communication

Comtech (CMTL) secures a $30 million contract from North Central Texas Emergency Communications District to modernize emergency communications with Next Generation 9-1-1 (NG9-1-1) services.

Comtech (CMTL) to Boost Public Safety With NG9-1-1 Services

CHANDLER, Ariz.--(BUSINESS WIRE)---- $CMTL #5G--Jun. 27, 2024-- Comtech (NASDAQ: CMTL) (“the Company”), a global technology leader, today announced the launch of SmartAssist™, an artificial intelligence (“AI”)-backed solution developed to answer low-priority non-emergency calls without engaging a telecommunicator. SmartAssist is designed to help Emergency Communications Centers (“ECCs”) and Public Safety Answering Points (“PSAPs”) manage call and Internet of Things device volumes by using AI chatbots to answ.

Comtech Launches Artificial Intelligence-Enabled Public Safety Solution

NEW YORK, NY / ACCESSWIRE / June 26, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Comtech Telecommunications Corp. ("Comtech") (NASDAQ:CMTL) concerning possible violations of federal securities laws. On December 7, 2023, Comtech released its earnings report for the quarter ended October 31, 2023.

Did Comtech Telecommunications Corp. Mislead Investors? Shareholder Rights Advocates at Levi & Korsinsky Investigate - CMTL

BOSTON, June 26, 2024 (GLOBE NEWSWIRE) -- Block & Leviton is investigating Comtech Telecommunications Corp. (Nasdaq: CMTL) for potential securities law violations. Investors who have lost money in their Comtech Telecommunications investment should  contact the firm  to learn more about how they might recover those losses.

Comtech Telecommunications Investigated for Securities Fraud; Block & Leviton Encourages Investors Who Have Lost Money to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / June 26, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Comtech Telecommunications Corp. ("Comtech" or "the Company") (NASDAQ:CMTL) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

The Schall Law Firm Encourages Comtech Telecommunications Corp Investors With Losses Surpassing $100,000 To Initiate Contact

CHANDLER, Ariz.--(BUSINESS WIRE)---- $CMTL #5G--June 26, 2024-- Comtech (NASDAQ: CMTL) (the “Company”), a global technology leader, today announced the North Central Texas Emergency Communications District (“NCT9-1-1”) awarded the Company a contract to deliver Next Generation 9-1-1 (“NG9-1-1”) services that will further modernize NCT9-1-1's infrastructure. The NCT9-1-1 contract includes a five-year base award, as well as three additional two-year option periods, with a not to exceed value of approximately $3.

North Central Texas Awards Comtech Public Safety Contract Valued at Approximately $30.0 Million

LOS ANGELES, CA / ACCESSWIRE / June 25, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Comtech Telecommunications Corp. ("Comtech" or "the Company") (NASDAQ:CMTL) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

Investors Of Comtech Telecommunications Corp With Losses Exceeding $100,000 Are Urged To Make Contact By The Schall Law Firm

LOS ANGELES, CA / ACCESSWIRE / June 24, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Comtech Telecommunications Corp. ("Comtech" or "the Company") (NASDAQ:CMTL) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

Comtech Telecommunications Corp Investors With Losses Over $100,000 Are Encouraged To Connect By The Schall Law Firm

LOS ANGELES, CA / ACCESSWIRE / June 22, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Comtech Telecommunications Corp. ("Comtech" or "the Company") (NASDAQ:CMTL) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

The Schall Law Firm Encourages Comtech Telecommunications Corp Investors With Losses Over $100,000 To Connect

LOS ANGELES, CA / ACCESSWIRE / June 20, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Comtech Telecommunications Corp. ("Comtech" or "the Company") (NASDAQ:CMTL) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

The Schall Law Firm Encourages Shareholders Of Comtech Telecommunications Corp With Losses Surpassing $100,000 To Make Contact

LOS ANGELES, CA / ACCESSWIRE / June 19, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Comtech Telecommunications Corp. ("Comtech" or "the Company") (NASDAQ:CMTL) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

The Schall Law Firm Urges Investors Of Comtech Telecommunications Corp With Losses Exceeding $100,000 To Reach Out

NEW YORK, June 19, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against Comtech Telecommunications Corp. (“Comtech” or the “Company”) (NASDAQ: CMTL) on behalf of Comtech stockholders. Our investigation concerns whether Comtech has violated the federal securities laws and/or engaged in other unlawful business practices.

COMTECH ALERT: Bragar Eagel & Squire, P.C. is Investigating Comtech Telecommunications Corp. on Behalf of Comtech Stockholders and Encourages Investors to Contact the Firm

NEW YORK--(BUSINESS WIRE)--Why: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Comtech Telecommunications Corp. (NASDAQ: CMTL) resulting from allegations that Comtech may have issued materially misleading business information to the investing public. So what: If you purchased Comtech securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee.

Rosen Law Firm Encourages Comtech Telecommunications Corp. Investors to Inquire About Securities Class Action Investigation – CMTL

Comtech Telecommunications Corp. (NASDAQ:CMTL ) Q3 2024 Earnings Conference Call June 18, 2024 8:30 AM ET Company Participants Maria Ceriello - IR John Ratigan - CEO Michael Bondi - CFO Conference Call Participants Joe Gomes - Noble Capital Mike Crawford - B. Riley Securities FBR Gregory Burns - Sidoti Operator Welcome to Comtech's Fiscal Third Quarter 2024 Earnings Conference Call.

Comtech Telecommunications Corp. (CMTL) Q3 2024 Earnings Call Transcript

BOSTON, MA / ACCESSWIRE / June 18, 2024 / Block & Leviton is investigating Comtech Telecommunications Corp. (Nasdaq:CMTL) for potential securities law violations. Investors who have lost money in their Comtech Telecommunications investment should contact the firm to learn more about how they might recover those losses.

SHAREHOLDER ALERT: Comtech Telecommunications Investigated for Securities Fraud Violations by Block & Leviton

Comtech Telecommunications (CMTL) came out with quarterly earnings of $0.20 per share, beating the Zacks Consensus Estimate of $0.08 per share. This compares to loss of $0.33 per share a year ago.

Comtech Telecommunications (CMTL) Q3 Earnings Top Estimates

CHANDLER, Ariz.--(BUSINESS WIRE)---- $CMTL #SATCOM--June 18, 2024 -- Comtech (NASDAQ: CMTL) (“the Company”) today announced its third quarter fiscal 2024 financial results in a letter to shareholders which is now posted to the Investor Relations section of Comtech's website. Investors are invited to access the third quarter fiscal 2024 shareholder letter at comtech.com/investors/. A copy of the letter will also be filed with the Securities and Exchange Commission in a Form 8-K. Comtech also announced that on Jun.

Comtech Announces Third Quarter Fiscal 2024 Results and Entered into New $222.0 Million Credit Facility

CHANDLER, Ariz.--(BUSINESS WIRE)---- $CMTL #PublicSafety--June 17, 2024-- Comtech (NASDAQ: CMTL) (“the Company”) today announced that it plans to release its third quarter fiscal 2024 results before the market opens on Tuesday, June 18, 2024. At 8:30 a.m. ET tomorrow, John Ratigan, Comtech's Interim Chief Executive Officer and Michael Bondi, Comtech's Chief Financial Officer, will hold a conference call to discuss the Company's third quarter fiscal 2024 results, operations, refinancing and business trends. A real-time.

Comtech to Report Third Quarter Fiscal 2024 Results and Announces New $222.0 Million Credit Facility

ATLANTA, June 17, 2024 (GLOBE NEWSWIRE) -- Holzer & Holzer, LLC is investigating whether Comtech Telecommunications Corp. (“Comtech Telecommunications” or the “Company”) (NASDAQ: CMTL) complied with federal securities laws. On June 10, 2024, Comtech Telecommunications announced that it is unable to file its Quarterly Report on Form 10-Q for the period ended April 30, 2024, citing “ongoing efforts to refinance its Credit Facility and complete its quarterly goodwill and going concern reporting considerations.” Following this news, the price of the Company's stock dropped.

Investigation Into Comtech Telecommunications Corp. (CMTL) Announced by Holzer & Holzer, LLC

LOS ANGELES, CA / ACCESSWIRE / June 17, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Comtech Telecommunications Corp. ("Comtech" or "the Company") (NASDAQ:CMTL) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

The Schall Law Firm Urges Investors In Comtech Telecommunications Corp (CMTL) Who Have Sustained Losses Exceeding $100,000 To Reach Out

BOSTON, June 13, 2024 (GLOBE NEWSWIRE) -- Block & Leviton is investigating Comtech Telecommunications Corp. (Nasdaq: CMTL) for potential securities law violations. Investors who have lost money in their Comtech Telecommunications investment should  contact the firm  to learn more about how they might recover those losses.

Comtech Telecommunications ALERT: Securities Fraud Investigation by Block & Leviton Could Allow Investors to Recover Losses

NEW YORK, NY / ACCESSWIRE / June 12, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Comtech Telecommunications Corp. ("Comtech") (NASDAQ:CMTL) concerning possible violations of federal securities laws. On December 7, 2023, Comtech released its earnings report for the quarter ended October 31, 2023.

Lost Money on Comtech Telecommunications Corp. (CMTL)? Contact Levi & Korsinsky Regarding an Ongoing Investigation

Block & Leviton is investigating Comtech Telecommunications for potential securities law violations. Investors who have lost money should contact the firm.

Comtech Telecommunications Investigated For Securities Fraud; Block & Leviton Encourages Investors Who Have Lost Money to Contact the Firm

SAN FRANCISCO, June 11, 2024 (GLOBE NEWSWIRE) -- Hagens Berman urges Comtech Telecommunications Corp. (NASDAQ: CMTL) investors who suffered substantial losses to take action by submitting your losses here.

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