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.

Earnings data Q3 2021

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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)--October 12, 2023-- Comtech (NASDAQ: CMTL) today announced its fourth quarter fiscal 2023 financial results and provided its first 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 fourth quarter fiscal 2023 shareholder letter at its web site at comtech.com/investors/. A copy of the letter will also be filed with the Securities and Excha.

Comtech Announces Results for its Fourth Quarter of Fiscal 2023 and Provides First Quarter Fiscal 2024 Financial Targets

TORRANCE, Calif. & MELVILLE, N.Y.--(BUSINESS WIRE)---- $CMTL #5G--Oct. 12, 2023-- Stellant Systems, Inc. (Stellant) and Comtech Telecommunications Corp. (NASDAQ: CMTL) (Comtech) today announced the companies entered into a definitive agreement under which Stellant will acquire Comtech's Power Systems Technology (PST) product line for a total cash purchase price of $40 million, which includes a preliminary sales price of $35 million and contingent consideration up to $5 million based on the achievement of cer.

Stellant Systems, Inc. to Acquire Power Systems Technology Product Line from Comtech

Comtech (CMTL) receives a contract from the U.S. Army to ensure ongoing communication and support IT infrastructure for various military branches.

Comtech (CMTL) Secures Contract Worth $544M From U.S. Army

Comtech (NASDAQ:CMTL) has announced a US Army contract with a maximum ceiling value of $544 million, sending its shares more than 8% higher in early Monday trading.  The company said in a statement that it will provide onsite professional engineering services, as well as supply and support the satellite and terrestrial networking communications technologies for the Project Manager Tactical Network under the Global Field Service Representative (GFSR) support program.

Comtech shares get a boost from US Army contract worth up to $544M

MELVILLE, N.Y.--(BUSINESS WIRE)---- $CMTL #5G--Oct. 9, 2023-- Comtech (NASDAQ: CMTL) announced today that it was recently awarded a U.S. Army contract with a maximum ceiling value of $544 million. Under the 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 (PM) Tactical Network (TN) for the Global Field Service Representative (GFSR) support.

Comtech Receives U.S. Army Contract with $544 Million Ceiling to Provide Communications and Engineering Support Services

MELVILLE, N.Y.--(BUSINESS WIRE)--October 3, 2023-- Comtech (NASDAQ: CMTL) today announced that it plans to release its fourth quarter fiscal 2023 and full year results after the market closes on Thursday, October 12, 2023. At 5:00 p.m. ET that day, Ken Peterman, Comtech's Chief Executive Officer and President, will hold a conference call to discuss the Company's fourth quarter fiscal 2023 and full year results, operations, and business trends. A real-time webcast of the call will be available t.

Comtech to Report Fourth Quarter Fiscal 2023 Results on October 12, 2023

MELVILLE, N.Y.--(BUSINESS WIRE)---- $CMTL #5G--October 3, 2023-- Comtech (NASDAQ: CMTL) announced today the company was recently awarded a $48.6 million contract to deliver Enterprise Digital Intermediate Frequency Multi-Carrier (EDIM) modems in support of U.S. Army satellite communications (SATCOM) digitization and modernization programs. Under the contract, Comtech will design, develop, test, and deliver EDIM units and provide hardware, software, and sustainment services to support performance enhancements.

U.S. Army Awards Comtech $48.6 Million for Next Generation EDIM SATCOM Solutions

Comtech's (CMTL) DCP will facilitate seamless integration of traditionally disparate satellite systems and ground station infrastructure for the dissemination of novel cloud-based applications, waveforms and services in a network-agnostic manner.

Comtech's (CMTL) Network Agnostic Solution Adds New Dimension

MELVILLE, N.Y.--(BUSINESS WIRE)---- $CMTL #5G--September 14, 2023 -- Comtech (NASDAQ: CMTL) announced today its Dynamic Cloud Platform (DCP) is now available for commercial and government satellite service providers in U.S. and international markets. Comtech's DCP will enable traditionally disparate satellite systems and ground station infrastructures to be easily integrated, creating a new path to introduce cloud-based applications, waveforms, and services. The company's DCP is designed to be infrastructure.

Comtech Launches Network Agnostic Dynamic Cloud Platform for Satellite Providers

MELVILLE, N.Y.--(BUSINESS WIRE)---- $CMTL #5G--Sept. 12, 2023-- Comtech (NASDAQ: CMTL) today launched its new blended, resilient, integrated, digital, global, end-to-end (BRIDGE) connectivity solutions. Comtech's BRIDGE solutions provide portable, adaptable, full-service communications networks that can be established in a matter of hours and help “bridge the gap” for traditional satellite and terrestrial infrastructures. Comtech's BRIDGE solutions are designed to overcome geographical and environmental chal.

Comtech Unveils New BRIDGE Solutions to Increase Access to Global Hybrid Connectivity

MELVILLE, N.Y.--(BUSINESS WIRE)---- $CMTL #5G--July 13, 2023-- Comtech (NASDAQ: CMTL) announced today that the company was recently awarded a $30 million contract from Fairwinds Technologies, LLC to provide Comtech's next-generation Troposcatter Family of Systems (FOS) in support of U.S. Army tactical communications. Under this contract, Comtech will provide its leading software-defined Troposcatter FOS to enhance U.S. Army Beyond-Line-of-Site (BLOS) communications capabilities across all domains. With the m.

Comtech Awarded $30 Million Troposcatter Contract to Support US Army Communications

MELVILLE, N.Y. & LOS GATOS, Calif.--(BUSINESS WIRE)---- $CMTL #5G--June 14, 2023-- Comtech (NASDAQ: CMTL) and E-Space, the company bridging Earth and space to enable hyper-scaled deployments of Internet of Things (IoT) solutions and services, today announced a teaming agreement to collaborate, develop and deploy innovative space-based communications solutions and IoT services to support predominantly government and targeted commercial customers. The collaboration will leverage Comtech's vast portfolio of ind.

Comtech, E-Space Team Up to Make Space-Powered Connectivity Services Available and Actionable Anywhere

Comtech Telecommunications Corp. (NASDAQ:CMTL ) Q3 2023 Earnings Conference Call June 8, 2023 5:00 PM ET Company Participants Robert Samuels - Head of Investor Relations Ken Peterman - President and Chief Executive Officer Mike Bondi - Chief Financial Officer Conference Call Participants Joe Gomes - NOBLE Capital George Notter - Jefferies Asiya Merchant - Citi Chris Sakai - Singular Research Greg Burns - Sidoti Operator Welcome to Comtech's Fiscal Q3 2023 Earnings Conference Call. As a reminder, this conference is being recorded today, Thursday, June 8, 2023.

Comtech Telecommunications Corp. (CMTL) Q3 2023 Earnings Call Transcript

MELVILLE, N.Y.--(BUSINESS WIRE)--June 8, 2023--Comtech (NASDAQ: CMTL) today announced its third quarter fiscal 2023 financial results and updated its fourth quarter fiscal 2023 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 third quarter fiscal 2023 shareholder letter at its web site at comtech.com/investors/. A copy of the letter will also be filed with the Securities and Exchange Com.

Comtech Announces Results for its Third Quarter of Fiscal 2023 and Updates Fourth Quarter Fiscal 2023 Financial Targets

MELVILLE, N.Y.--(BUSINESS WIRE)---- $CMTL #5G--June 7, 2023-- Comtech (NASDAQ: CMTL) today announced the appointment of former Under Secretary of Defense for Acquisition and Sustainment the Hon. Ellen M. Lord and former U.S. Army Chief Information Officer (CIO) Lieutenant General (LTG) (retired) Bruce T. Crawford to its Board of Directors. With the appointment of Ms. Lord and LTG (retired) Crawford, the company's Board will consist of nine members, eight of whom will be independent. With decorated careers ac.

The Honorable Ellen M. Lord and Lieutenant General (Ret) Bruce T.

Comtech (CMTL) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

Strength Seen in Comtech (CMTL): Can Its 5.8% Jump Turn into More Strength?

MELVILLE, N.Y.--(BUSINESS WIRE)--May 31, 2023-- Comtech (NASDAQ: CMTL) today announced that it plans to release its third quarter fiscal 2023 results after the market closes on Thursday, June 8, 2023. At 5:00 p.m. ET that day, Ken Peterman, Comtech's Chief Executive Officer and President, will hold a conference call to discuss the Company's third quarter fiscal 2023 results, operations, and business trends. A real-time webcast of the call will be available to the public at the investor relation.

Comtech to Report Third Quarter Fiscal 2023 Results on June 8, 2023

MELVILLE, N.Y.--(BUSINESS WIRE)--May 4, 2023-- Comtech (NASDAQ: CMTL) announced today that Aarna Networks, a leading provider of network automation and orchestration solutions, will become the Company's latest publicly revealed EVOKE technology partner. As the fourth publicly announced EVOKE technology partner, Aarna Networks will work with Comtech to create new integrated cloud-native solutions for emerging commercial and government use cases. By combining Aarna Networks technologies with Comt.

Comtech Welcomes Aarna Networks as New EVOKE Technology Partner

MELVILLE, N.Y.--(BUSINESS WIRE)--April 18, 2023-- (NASDAQ: CMTL) Comtech today announced the appointment of space industry veteran Nicole Robinson as a Chief Strategy Officer. With nearly two decades of leadership experience in the space industry, Robinson brings deep expertise and differentiated knowledge across public, private, government, and commercial space sectors that are well aligned with Comtech's strategic priorities and global growth trajectories.

Space Industry Veteran Nicole Robinson Joins Comtech's Executive Leadership Team

MELVILLE, N.Y.--(BUSINESS WIRE)--April 17, 2023-- Comtech announced today that the company recently secured multiple orders for significant quantities of its CDM-780 high-speed software defined modems. These modems will be delivered to innovative, next generation satellite operators as well as to the U.S.

Comtech Secures Strategic Contracts for Hybrid Designed High-Speed SATCOM Solution

MELVILLE, N.Y.--(BUSINESS WIRE)--April 12, 2023-- Comtech (NASDAQ: CMTL) today announced the appointment of technology and aerospace industry veteran Donald Walther as the company's new Chief Legal Officer (CLO). As a trusted advisor, Walther brings nearly three decades of legal expertise to his position as Comtech's CLO. Walther's experience spans both private and public companies in the commercial and defense sectors that are well aligned with Comtech's future growth trajectories in U.S.

Comtech Names Industry Veteran Donald Walther as Chief Legal Officer

MELVILLE, N.Y.--(BUSINESS WIRE)--Apr. 5, 2023-- Comtech (NASDAQ: CMTL) announced today that Descartes Labs will become the Company's third publicly revealed EVOKE technology partner. As the third publicly announced EVOKE technology partner, Descartes Labs will work with Comtech to infuse the power of artificial intelligence (AI), Machine Learning (ML), predictive intelligence, and monitoring insights across Comtech's business verticals.

Comtech Welcomes Descartes Labs as New EVOKE Technology Partner

MELVILLE, N.Y.--(BUSINESS WIRE)--Mar. 16, 2023-- Comtech (NASDAQ: CMTL) announced today that Al Yah Satellite Communications Company PJSC (Yahsat), the United Arab Emirates' flagship satellite solutions provider listed on the Abu Dhabi Securities Exchange (ADX; under the symbol: YAHSAT), awarded the company $29 million to deliver communications technologies and location services that will operate on Yahsat's Thuraya 4-NGS satellite constellation.

Comtech Awarded $29 Million for Blended Communications Technologies and Location Services

MELVILLE, N.Y.--(BUSINESS WIRE)--March 15, 2023-- Comtech announced today, in collaboration with three global technology leaders: Cloud Signals, Hellas Sat, and a leading Mobile Network Operator (MNO), that the companies successfully tested and validated 5G connectivity over a satellite network in Greece. During the demonstration, a commercial 5G node was connected to the leading MNO's 5G testbed network and relayed over a satellite link provided by the Hellas Sat.

Comtech Successfully Tests and Validates 5G Connection Over Satellite

MELVILLE, N.Y.--(BUSINESS WIRE)--Mar. 14, 2023-- Comtech (NASDAQ: CMTL) announced today that WishKnish will become the Company's second publicly revealed EVOKE technology partner.

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