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.

CHANDLER, Ariz.--(BUSINESS WIRE)---- $CMTL #5G--April 10, 2024-- Comtech (NASDAQ: CMTL) (the “Company”), a global technology leader, in partnership with the Arizona Department of Administrations (“ADOA”), today announced the successful completion of a statewide transition to Comtech's Next Generation 911 (“NG911”) services. Arizona's new statewide NG911 infrastructure is designed to significantly enhance the ability of first responders and public safety answering points (“PSAPs”) to respond faster to emergen.

Comtech Partners with Arizona to Complete Transition to Statewide Next Generation 911 Services

NEW YORK, NY / ACCESSWIRE / April 4, 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.

An Investigation Has Commenced on Behalf of Comtech Telecommunications Corp. Shareholders. Contact Levi & Korsinsky to Discuss your CMTL Losses.

NEW YORK, NY / ACCESSWIRE / April 3, 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.

Levi & Korsinsky Reminds Comtech Investors of the Ongoing Investigation Into Potential Violations of Securities Laws - CMTL

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of Comtech Telecommunications Corp. (“Comtech” or the “Company”) (NASDAQ: CMTL) investors concerning the Company's possible violations of federal securities laws. On March 13, 2024, Comtech announced that it would be unable to file its quarterly report for the period ended January 31, 2024 on time and that the Company had terminated its President and CEO, effective immediately. On this news, Comt.

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Comtech Telecommunications Corp. (CMTL) on Behalf of Investors

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Comtech Telecommunications Corp. (“Comtech” or the “Company”) (NASDAQ: CMTL) investors concerning the Company's possible violations of the federal securities laws. If you suffered a loss on your Comtech investments or would like to inquire about potentially pursuing claims to recover your loss under the federal.

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of Comtech Telecommunications Corp. (CMTL) on Behalf of Investors

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Comtech Telecommunications Corp. (“Comtech” or the “Company”) (NASDAQ: CMTL) on behalf of investors, concerning the Company's possible violations of federal securities laws. If you are a shareholder who suffered a loss, click here to participate. On March 13, 2024, Comtech announced that it would be unable to file its quarterly report for the period ended January 31, 2024 on time and that the Company ha.

The Law Offices of Frank R. Cruz Announces Investigation of Comtech Telecommunications Corp. (CMTL) on Behalf of Investors

NEW YORK, NY / ACCESSWIRE / March 22, 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. To obtain additional information, go to: https://zlk.com/pslra-1/comtech-lawsuit-submission-form?prid=72270&wire=1 or contact Joseph E.

Shareholders That Lost Money on Comtech Telecommunications Corp.(CMTL) Should Contact Levi & Korsinsky about Securities Fraud Investigation - CMTL

CHANDLER, Ariz.--(BUSINESS WIRE)---- $CMTL #5G--March 21, 2024-- Comtech (NASDAQ: CMTL), a global technology leader, today announced the appointment of telecommunications and public safety industry leader Jeff Robertson as the Company's new President of its Terrestrial and Wireless Networks business segment. Prior to joining Comtech, Robertson served as President & CEO of Intrado Life Safety, a company specializing in first responder technology in North America. Under his leadership, Robertson enhanced I.

Comtech Names Telecommunications and Public Safety Leader Jeff Robertson as President of Terrestrial & Wireless Networks Business Segment

Comtech Telecommunications (CMTL) came out with a quarterly loss of $0.15 per share versus the Zacks Consensus Estimate of $0.28. This compares to loss of $0.23 per share a year ago.

Comtech Telecommunications (CMTL) Reports Q2 Loss, Misses Revenue Estimates

Comtech Telecommunications Corp. (CMTL) Q2 2024 Earnings Call Transcript

CHANDLER, Ariz.--(BUSINESS WIRE)---- $CMTL #5G--March 18, 2024-- Comtech (NASDAQ: CMTL) (“the Company”) today announced its second quarter fiscal 2024 financial results in a letter to shareholders, which has been posted to the Investor Relations section of Comtech's website. Investors are invited to access the second 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 will host its previou.

Comtech Announces Results for its Second Quarter of Fiscal 2024

MELVILLE, N.Y.--(BUSINESS WIRE)---- $CMTL #5G--March 13, 2024-- Comtech (NASDAQ: CMTL) today announced that it plans to release its second quarter fiscal 2024 results after the market closes on Monday, March 18, 2024. At 5:00 p.m. ET that day, the Company will hold a conference call to discuss its second quarter fiscal 2024 results, operations, and business trends. A webcast of the call will be available to the public at the investor relations section of the Comtech web site at www.comtech.com. Alternatively.

Comtech to Report Second Quarter Fiscal 2024 Results on March 18, 2024

MELVILLE, N.Y.--(BUSINESS WIRE)--Comtech (NASDAQ: CMTL) (the “Company”) today announced that its Board of Directors has appointed John Ratigan, Chief Corporate Development Officer (“CCDO”), as interim Chief Executive Officer, effective immediately. Mr. Ratigan succeeds Ken Peterman, who has been terminated as President and CEO and will cease to serve on the Board. Mr. Peterman's termination was for conduct unrelated to Comtech's business strategy, financial results or previously filed financial.

Comtech Appoints John Ratigan as Interim Chief Executive Officer

MELVILLE, N.Y.--(BUSINESS WIRE)---- $CMTL #5G--February 7, 2024-- Comtech (NASDAQ: CMTL), a global technology leader, today announced its Canadian subsidiary was invited by Innovation Canada, a sector of Innovation, Science and Economic Development Canada, to join a select group of companies participating in the Accelerated Growth Service (AGS) program. The AGS program offers support to a number of high-growth, high-potential, qualifying businesses across Canada. As part of the program, Comtech will gain acc.

Comtech Selected by Innovation Canada to Join Exclusive Accelerated Growth Services Program

MELVILLE, N.Y.--(BUSINESS WIRE)---- $CMTL #5G--February 5, 2024-- Comtech (NASDAQ: CMTL) announced today that Washington State recently awarded the company a $48 million contract extension to continue providing Next Generation 911 (NG911) services over the next five years, with the option to extend through 2034. Washington State initially contracted Comtech to design, deploy and operate next generation public safety technologies and secure and reliable communications capabilities in 2016, making Washington a.

Washington State Awards Comtech $48 Million Multi-Year Contract Extension for Next Generation 911 Services

MELVILLE, N.Y.--(BUSINESS WIRE)---- $CMTL #5G--Feb. 1, 2024--Comtech (NASDAQ: CMTL) announced today it received approval from the U.S. Army Contracting Command to move forward on the Company's previously announced $544 million Global Field Service Representative (GFSR) contract. Under this contract, Comtech will provide onsite professional engineering services, as well as supply and support the Company's market leading satellite and terrestrial networking communications technologies for the Project Manager T.

Comtech Receives Government Approval to Move Forward on $544 Million U.S. Army Contract

Comtech (CMTL) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

Comtech (CMTL) Soars 15.3%: Is Further Upside Left in the Stock?

MELVILLE, N.Y.--(BUSINESS WIRE)---- $CMTL #5G--January 22, 2024 -- Comtech Telecommunications Corp. (NASDAQ: CMTL) (“Comtech” or the “Company”), a leading global technology company providing terrestrial and wireless network solutions, next-generation 911 emergency services, satellite and space communications technologies, and cloud native capabilities, today announced a $45.0 million investment by current shareholders White Hat Capital Partners LP (“White Hat”), an investment firm focused on sustainable valu.

Comtech Announces $45 Million Strategic Investment and Exchange of Convertible Preferred Stock

CMTL has shown significant revenue growth and has a healthy order book, leading to a buy rating. The company specializes in advanced communication solutions for government and commercial customers. Q1 FY2024 results showed strong revenue growth, particularly in the Satellite and Space Communications segment.

Comtech Telecommunications: Undervalued Gem With Strong Financial Performance

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Comtech Telecommunications Corp. (NASDAQ:CMTL ) Q1 2024 Earnings Conference Call December 7, 2023 5:00 PM ET Company Participants Maria Ceriello - IR Ken Peterman - Chairman, President and CEO Maria Hedden - COO Mike Bondi - CFO Conference Call Participants Greg Burns - Sidoti Mike Crawford - B. Riley Securities George Notter - Jefferies Operator Welcome to Comtech's Fiscal Q1 2024 Earnings Conference Call.

Comtech Telecommunications Corp. (CMTL) Q1 2024 Earnings Call Transcript

MELVILLE, N.Y.--(BUSINESS WIRE)---- $CMTL #5G--December 7, 2023-- Comtech (NASDAQ: CMTL) today announced its first quarter fiscal 2024 financial results and provided its second quarter fiscal 2024 financial targets in a letter to shareholders which is now posted to the Investor Relations section of Comtech's website. Investors are invited to access the first quarter fiscal 2024 shareholder letter at its web site at comtech.com/investors/. A copy of the letter will also be filed with the Securities and Exchan.

Comtech Announces Results for its First Quarter of Fiscal 2024 and Provides Second Quarter Fiscal 2024 Financial Targets

MELVILLE, N.Y.--(BUSINESS WIRE)---- $CMTL #5G--Dec. 6, 2023-- Comtech (NASDAQ: CMTL), a global technology leader, today announced the appointment of satellite communications (SATCOM) and defense technology industry leader John Ratigan as the company's first Chief Corporate Development Officer (CCDO). With differentiated expertise across the global satellite technology sector, Ratigan brings over three decades of leadership experience to his position as Comtech's CCDO. Ratigan's experience is uniquely well al.

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