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 Q2 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)--September 17, 2020 -- Comtech Telecommunications Corp.

Comtech Telecommunications Corp. Reports Resolution of 2014 OFAC Matter

MELVILLE, N.Y.--(BUSINESS WIRE)--September 15, 2020-- Comtech Telecommunications Corp.

Comtech Telecommunications Corp. Announces a Contract Renewal with a Spanish Technology Company

MELVILLE, N.Y.--(BUSINESS WIRE)--September 14, 2020-- Comtech Telecommunications Corp.

Comtech Telecommunications Corp. Announces International Service Expansion with Indian Motorcycle

Comtech Telecommunications Corp. Awarded $20.0 Million Contract with Tier-One Mobile Network Operator

MELVILLE, N.Y.--(BUSINESS WIRE)--August 21, 2020 -- Comtech Telecommunications Corp.

Comtech Telecommunications Corp. to Present at Midwest IDEAS Investor Conference

With the funding, Comtech (CMTL) will aim to primarily focus on IT activities for the overall maintenance and IT infrastructure upkeep of the city.

Comtech (CMTL) Unit Secures Funding for Baltimore IT Support

MELVILLE, N.Y.--(BUSINESS WIRE)--August 17, 2020-- Comtech Telecommunications Corp.

Comtech Telecommunications Corp. Awarded $1.9 Million of Funding to Support City of Baltimore

MELVILLE, N.Y.--(BUSINESS WIRE)--August 5, 2020-- Comtech Telecommunications Corp.

Comtech Telecommunications Corp. Awarded $20.0 Million Additional Funding from U.S.

MELVILLE, N.Y.--(BUSINESS WIRE)--August 4, 2020-- Comtech Telecommunications Corp.

Comtech Telecommunications Corp. Awarded $8.0 Million in Orders from U.S.

MELVILLE, N.Y.--(BUSINESS WIRE)--August 3, 2020-- Comtech Telecommunications Corp.

Comtech Telecommunications Corp. Reports Acquisition Plan Regulatory Approval Progress

MELVILLE, N.Y.--(BUSINESS WIRE)--July 27, 2020-- Comtech Telecommunications Corp.

Comtech Telecommunications Corp. Awarded $6.5 Million Order from U.S.

MELVILLE, N.Y.--(BUSINESS WIRE)--July 23, 2020 -- Comtech Telecommunications Corp.

Comtech Telecommunications Corp. Receives $1.3 Million in Orders to Support Cellular LTE Backhaul in the Middle East

MELVILLE, N.Y.--(BUSINESS WIRE)--July 22, 2020-- Comtech Telecommunications Corp.

Comtech Telecommunications Corp. Aligns with WakeMed to Help Keep Patients Safe During COVID-19

Comtech Telecommunications Corp. Awarded $1.5 Million of Orders from International Space and Communications Customer

MELVILLE, N.Y.--(BUSINESS WIRE)--July 14, 2020-- Comtech Telecommunications Corp. (NASDAQ: CMTL) announced today, that during its fourth quarter of fiscal 2020, its Orlando, Florida-based subsidiary, Comtech Systems, Inc., which is part of Comtech’s Government Solutions segment, has received an order for approximately $1.0 million from ADS, Inc. for COMET terminals to be used by a U.S. Army Special Operations Command. COMET, which stands for Compact Over-the-horizon Mobile Expeditionary Termina

Comtech Telecommunications Corp. Receives Order of Approximately $1.0 Million for COMET in Support of U.S.

MELVILLE, N.Y.--(BUSINESS WIRE)--July 13, 2020-- Comtech Telecommunications Corp. (NASDAQ: CMTL) provided today a business update related to its fourth quarter fiscal 2020 targets and its pending lawsuit against Gilat Satellite Networks Ltd. (“Gilat”). Business Update: Q4 Fiscal 2020 Targets Comtech remains an essential business as defined by the U.S. government and continues to operate its business with the safety of its employees, customers, partners and suppliers in mind. Despite the reporte

Comtech Telecommunications Corp. Provides Business and M&A Litigation Update

MELVILLE, N.Y.--(BUSINESS WIRE)--July 13, 2020 -- Comtech Telecommunications Corp. (NASDAQ: CMTL), a world leader in secure and highly reliable communication technology, announced that its Safety & Security Technologies (“SST”) group, which is part of Comtech’s Commercial Solutions segment, was awarded a statewide contract valued up to $54 million to design, deploy, and operate Next Generation 9-1-1 (“NG9-1-1”) services for the State of South Carolina through the Revenue and Fiscal Affairs

Comtech Awarded $54 Million Contract for Statewide Next Generation 9-1-1 Technologies and Services

MELVILLE, N.Y.--(BUSINESS WIRE)--July 9, 2020-- Comtech Telecommunications Corp. (NASDAQ: CMTL) announced today, that its Mission-Critical Technologies group, which is part of Comtech’s Government Solutions segment, was awarded $9.1 million of additional funding, including $7.8 million in the fourth quarter of fiscal 2020, all which is part of its previously announced $223.4 million contract to provide Very Small Aperture Terminals (“VSATs”) to support the U.S. Army. The contract has been funde

Comtech Telecommunications Corp. Awarded $9.1 Million Additional Funding from U.S.

MELVILLE, N.Y.--(BUSINESS WIRE)--July 8, 2020-- Comtech Telecommunications Corp. (NASDAQ: CMTL) and its wholly owned subsidiary, Convoy Ltd. (together, “Comtech”) announced today that on July 7, 2020 it filed a complaint in the Delaware Court of Chancery against Gilat Satellite Networks Ltd. (“Gilat”). The complaint relates to the Agreement and Plan of Merger (the “Merger Agreement”) dated January 29, 2020 between Gilat and Comtech providing for the acquisition of Gilat by Comtech and seeks a d

Comtech Telecommunications Corp. Files Complaint Against Gilat Satellite Networks

MELVILLE, N.Y.--(BUSINESS WIRE)--July 8, 2020-- Comtech Telecommunications Corp. (NASDAQ: CMTL) announced today that its Mission-Critical Technologies group, which is part of Comtech’s Government Solutions segment, received additional funding of $10.8 million on its previously announced $98.6 million contract to provide the U.S. Army with global field support services for military satellite communication (“SATCOM") terminals around the world. The contract has been funded $35.2 million to date (

Comtech Telecommunications Corp. Receives $10.8 Million in Funding from U.S.

MELVILLE, N.Y.--(BUSINESS WIRE)--July 7, 2020-- Comtech Telecommunications Corp. (NASDAQ: CMTL) announced today that during its fourth quarter of fiscal 2020, its Santa Clara, California-based subsidiary, Comtech Xicom Technology, Inc., which is part of Comtech's Commercial Solutions segment, was awarded contracts valued at more than $2.2 million for Ka-band high-power traveling wave tube amplifiers (“TWTAs”) for trailer-based satellite communications terminals. “Comtech Xicom Technology is pro

Comtech Telecommunications Corp. Awarded $2.2 Million of Follow-on Contracts for Military SATCOM TWTAs

Comtech's (CMTL) Location Technologies Group secures re-certification of ISO 27001 Information Security Standard, which protects confidential information of enterprises and customers.

Comtech Reinforces Public Safety With ISO Re-Certification

MELVILLE, N.Y.--(BUSINESS WIRE)--July 6, 2020-- Comtech Telecommunications Corp. (NASDAQ: CMTL) announced today that during its fourth quarter of fiscal 2020, its Santa Clara, California-based subsidiary, Comtech Xicom Technology, Inc., which is part of Comtech's Commercial Solutions segment, received a contract valued at more than $1.5 million for 500W Ka-band traveling wave tube amplifiers (“TWTAs”) for a Tracking, Telemetry, and Command (“TT&C”) application. These amplifiers will ship la

Comtech Telecommunications Corp. Awarded a $1.5 Million Contract for New Ka-band Gateway TWTAs

Comtech's (CMTL) subsidiary is a leading supplier of communications equipment with a focus on satellite bandwidth efficiency and link optimization.

Comtech Secures Contract to Support Anti-Jam Modem Program

MELVILLE, N.Y.--(BUSINESS WIRE)--June 30, 2020-- Comtech Telecommunications Corp. (NASDAQ: CMTL), a world leader in secure and highly reliable location, public safety, navigation, and communication technologies, announced today its Location Technologies group, a division of Comtech’s Commercial Solutions segment, has obtained re-certification of its ISO 27001 designation. The ISO 27001 Information Security Standard is widely recognized as the blue-chip standard for protection of individual, cus

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