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.

Comtech Receives Additional Funding for U.S. Army Communications

MELVILLE, N.Y.--( BUSINESS WIRE )--Feb. 1, 2023-- Comtech (NASDAQ: CMTL) announced today that Sirqul will become the Company's first publicly announced EVOKE technology partner.

Comtech Welcomes Sirqul as New EVOKE Technology Partner

MELVILLE, N.Y.--( BUSINESS WIRE )--Jan. 23, 2023-- Comtech (NASDAQ: CMTL) today announced that the Company will ring the NASDAQ Stock Market closing bell on Monday, Jan. 23, 2023. The Company is celebrating 35 years of being listed as a public company on the NASDAQ.

Comtech to Ring the NASDAQ Stock Market Closing Bell on Jan. 23, 2023

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3 Wireless Stocks Set to Ride on 5G Rollout, Cloud Transition

MELVILLE, N.Y.--( BUSINESS WIRE )--January 18, 2023--Comtech (NASDAQ: CMTL) is releasing a new logo and brand identity today that align with the company's customer-centric focus and commitment to accelerating the global technology trajectories that will connect the unconnected, bridge the digital divide, and empower people by providing access to data and insight in new and unprecedented ways.

Comtech Unveils New Corporate Logo and Brand Identity

The company has a lot of work to do to break out of its multi-year downward spiral. Bookings since 2018 have plunged from $755 million to $455.5 million in 2022, while total backlog has been uneven, culminating in its lowest level of $618.1 million in 2022.

Comtech Telecommunications: Still A Lot To Prove

MELVILLE, N.Y.--( BUSINESS WIRE )--December 22, 2022-- Comtech (NASDAQ: CMTL) announced today that, in partnership with the National Emergency Number Association (NENA: The 9-1-1 Association), it will be honoring America's 9-1-1 professionals during the 2022 SERVPRO First Responder Bowl in Dallas, Texas on Dec. 27. The game will be broadcast live nationwide on ESPN.

Comtech and NENA Partner to Honor 9-1-1 Professionals at SERVPRO First Responder Bowl

MELVILLE, N.Y.--( BUSINESS WIRE )--December 19, 2022-- Comtech (NASDAQ: CMTL) announced today that the company was recently awarded a contract to install a 5G virtual Mobile Location Center (vMLC) production site and deliver location-based services for a tier-1 mobile network operator (MNO) in Canada—further expanding the company's drive to be the world's preferred precise, network-based geolocation services provider. Comtech's vMLC system is used to help pinpoint the location of mobile devices connected to 5G networks.

Comtech Awarded 5G Location Services Contract with Tier-1 MNO in Canada

Comtech Telecommunications Corp. (NASDAQ:CMTL ) Q1 2023 Earnings Conference Call December 8, 2022 5:00 PM ET Company Participants Robert Samuels - Head, IR Ken Peterman - Chairman, President, and CEO Michael Bondi - CFO Maria Hedden - COO Conference Call Participants Joe Gomes - NOBLE Capital George Notter - Jefferies Mike Latimore - Northland Capital Markets Greg Burns - Sidoti Company Asiya Merchant - Citigroup Operator Welcome to Comtech's Fiscal Q1 2023 Earnings Conference Call. As a reminder, this conference is being recorded, Thursday, December 8th, 2022.

Comtech Telecommunications Corp. (CMTL) Q1 2023 Earnings Call Transcript

Comtech (CMTL) delivered earnings and revenue surprises of 300% and 2.05%, respectively, for the quarter ended October 2022. Do the numbers hold clues to what lies ahead for the stock?

Comtech Telecommunications (CMTL) Tops Q1 Earnings and Revenue Estimates

MELVILLE, N.Y.--( BUSINESS WIRE )--December 8, 2022 -- Comtech Telecommunications Corp. (Nasdaq: CMTL) announced today that its Board of Directors declared a quarterly cash dividend of $0.10 per share, payable on February 17, 2023, to shareholders of record at the close of business on January 18, 2023. The dividend is the Company's fiftieth consecutive quarterly dividend. Future Common Stock dividends remain subject to compliance with financial covenants under the Company's secured credit facility as well as Board approval and certain voting rights of holders of our Series A Convertible Preferred Stock.

Comtech Telecommunications Corp. Declares $0.10 Per Common Share Quarterly Cash Dividend

MELVILLE, N.Y.--( BUSINESS WIRE )--December 8, 2022--Comtech (NASDAQ: CMTL), a leading global provider of satellite and space communications and terrestrial and wireless network infrastructures, today announced its first quarter fiscal 2023 financial results and updated its second quarter fiscal 2023 financial targets in a letter to shareholders which is now posted to the Investor Relations section of Comtech's website.

Comtech Announces Results for its First Quarter of Fiscal 2023 and Updates Second Quarter Fiscal 2023 Financial Targets

MELVILLE, N.Y.--( BUSINESS WIRE )--November 30, 2022-- Comtech (NASDAQ: CMTL), a leading global provider of next-generation 911 emergency systems and secure wireless communications technologies, today announced that it will report its first quarter of fiscal 2023 results after the market closes on Thursday, December 8, 2022.

Comtech to Report First Quarter Fiscal 2023 Results on December 8th

Comtech to Present at the 14th Annual Southwest IDEAS Investor Conference

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United States Cellular

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Comtech Awarded Incremental Funding to Supply Troposcatter Equipment in Support of U.S. Military Next Generation Troposcatter System

MELVILLE, N.Y.--(BUSINESS WIRE)--October 3, 2022-- Comtech (NASDAQ: CMTL), announced today that it has been awarded a contract for over $30 million with a multinational data networking and telecommunications equipment company for their text messaging platform. As a pioneer in the SMS industry providing messaging solutions globally since 1996, Comtech has deep experience with its customers' networks, use cases, and messaging features. Comtech's messaging solutions have 99.999% reliability, minim

Tier-1 MNO Awards Multimillion-Dollar Award to Comtech for Large Messaging Contract

Comtech Telecommunications Corp. (NASDAQ:CMTL ) Q4 2022 Earnings Conference Call September 29, 2022 5:00 PM ET Company Participants Robert Samuels - Head of IR Ken Peterman - Chairman, President and CEO Michael Bondi - CFO Conference Call Participants Joe Gomes - NOBLE Capital Greg Burns - Sidoti & Company George Notter - Jefferies Asiya Merchant - Citigroup Mike Latimore - Northland Capital Markets Chris Sakai - Singular Research Operator Welcome to Comtech's Fourth Quarter Fiscal 2022 Earnings Conference Call. As a reminder, this conference is being recorded, Thursday, September 29, 2022.

Comtech Telecommunications Corp. (CMTL) Q4 2022 Earnings Call Transcript

Comtech (CMTL) delivered earnings and revenue surprises of 71.43% and 3.55%, respectively, for the quarter ended July 2022. Do the numbers hold clues to what lies ahead for the stock?

Comtech Telecommunications (CMTL) Reports Q4 Loss, Tops Revenue Estimates

MELVILLE, N.Y.--(BUSINESS WIRE)--September 29, 2022-- Comtech Telecommunications Corp. (Nasdaq: CMTL) announced today that its Board of Directors declared a quarterly cash dividend of $0.10 per share, payable on November 18, 2022, to shareholders of record at the close of business on October 19, 2022. The dividend is the Company's forty-ninth consecutive quarterly dividend. The Board of Directors is currently targeting fiscal 2023 quarterly dividend payments of $0.10 per common share. Future Co

Comtech Telecommunications Corp. Declares $0.10 Per Share Quarterly Cash Dividend

MELVILLE, N.Y.--(BUSINESS WIRE)--September 29, 2022--Comtech (NASDAQ: CMTL), a leading global provider of satellite and space communications and terrestrial and wireless network infrastructures, today announced its fourth quarter fiscal 2022 financial results and updated its first 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 fourth quarter fiscal 2022 shareholder

Comtech Announces Results for its Fourth Quarter of Fiscal 2022 and Updates First Quarter Fiscal 2023 Financial Targets

MELVILLE, N.Y.--(BUSINESS WIRE)--September 21, 2022--Comtech (NASDAQ: CMTL) announced today that the Company has been awarded a Foreign Military Sales (FMS) Contract for the Ukrainian Government. The FMS contract is for beyond line-of-sight communications terminals and upgrades to the country's existing systems. In March, Comtech donated identical systems to those now being purchased to the international effort to support the defense of Ukraine at the request of the Ukrainian government. These

Comtech Awarded Foreign Military Sales Contract to support Ukraine's War Efforts

MELVILLE, N.Y.--(BUSINESS WIRE)--September 19, 2022-- Comtech (NASDAQ: CMTL), a leading global provider of next-generation 911 emergency systems and secure wireless communications technologies, today announced that it will report its fourth quarter of fiscal 2022 results after the market closes on Thursday, September 29, 2022. The Company has scheduled an investor conference call for Thursday, September 29, 2022 at 4:30 PM ET. Investors are invited to access a live webcast of the conference cal

Comtech to Report Fourth Quarter Fiscal 2022 Results on September 29th

New York, New York--(Newsfile Corp. - September 17, 2022) - Pomerantz LLP is investigating claims on behalf of investors of Comtech Telecommunications Corp. (""Comtech" or the "Company") (NASDAQ: CMTL). Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980.The investigation concerns whether Comtech and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Comtech Telecommunications Corp. - CMTL

MELVILLE, N.Y.--(BUSINESS WIRE)--September 15, 2022-- Comtech (NASDAQ: CMTL) announced today that Comtech Solacom Technologies, Inc., a division of the Company's 9-1-1 Public Safety and Security segment, was recently awarded a Next Generation 9-1-1 (“NG9-1-1”) services contract to provide its Guardian call management solution to the London Police Services. The London Police Service is Comtech Solacom's latest customer in the Southern Ontario region, joining the Toronto Paramedic and Toronto Pol

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