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15.06.26 - 12:06
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Comtech Announces Definitive Agreement to Sell Most of Its Satellite and Space Communications Business to Gilat (Business Wire)
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Comtech Also Announces Amendments to Existing Credit Facilities and Convertible Preferred Stock Agreements to Strengthen Financial Flexibility
Transactions Represent a Successful Outcome of the Previously Announced Strategic Review Processes and Underscore the Company's Significantly Improved Financial and Operating Performance
Company Positioned to be a Public Safety Technology Leader with Strong Recurring Revenue, Long-Term Growth Opportunities and Improving Margin ProfileCHANDLER, Ariz.--(BUSINESS WIRE)--$CMTL #publicsafety--Comtech Telecommunications Corp. (NASDAQ: CMTL) (“Comtech” or the “Company”), a global communications technology leader, today announced that it has entered into a definitive agreement (the “Transaction”) to sell most of its Satellite and Space Communications (“S&S”) segment to Gilat Satellite Networks Ltd. (“Gilat”) (NASDAQ: GILT, TASE: GILT), and become a focused public safety technology company. The Transaction was unanimously approved by the boards of direc...
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15.06.26 - 12:06
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Comtech Announces Financial Results for Third Quarter of Fiscal 2026 (Business Wire)
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CHANDLER, Ariz.--(BUSINESS WIRE)--$CMTL #publicsafety--Comtech Telecommunications Corp. (NASDAQ: CMTL) (“Comtech” or the “Company”), a global communications technology leader, today reported financial results for its third quarter ended April 30, 2026.
Ken Traub, Chairman, President and CEO, stated:
“When I stepped into the CEO role in early 2025, I announced a transformation plan which featured four pillars: (1) Operational discipline, (2) Returning to positive operating cash flow, (3) Conducting a comprehensive review of strategic alternatives, and (4) Strengthening our capital structure. Our results and announcements today demonstrate that we are successfully delivering on each of those promises.
The operational improvements that we have implemented have enabled us to report today our fifth consecutive quarter of positive operating cash flow. Our improved and consistent financial performance has enabled us to pursue the strategic alternatives process as well as negotiations with our lenders a...
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12.06.26 - 14:36
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Comtech to Host Third Quarter Fiscal 2026 Earnings Conference Call on June 15, 2026 (Business Wire)
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CHANDLER, Ariz.--(BUSINESS WIRE)--$CMTL #5G--June 12, 2026-- Comtech Telecommunications Corp. (NASDAQ: CMTL) (“Comtech” or the “Company”), a global communications technology leader, today announced that it plans to release its third quarter fiscal 2026 operating results before the market opens on Monday, June 15, 2026.
At 8:30 a.m. ET that day, Comtech's leadership team will hold a conference call to discuss the Company's third quarter fiscal 2026 results, operations and business trends. A real-time webcast of the call will be available to the public at the investor relations section of the Comtech web site at www.comtech.com. Alternatively, investors can access the conference call by dialing (833) 354-6854 (primary) or (785) 838-9343 (alternate) and using the conference I.D. “Comtech.” A replay of the call will also be available by dialing (800) 839-3012 or (402) 220-7232 through Monday, June 29, 2026.
About Comtech
Comtech Telecommunications Corp. delivers trusted mission-critical communic...
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26.03.26 - 09:06
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Taiwan′s Tmytek enters global satcom supply chain with Comtech deal (Digitimes)
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Tmytek, a Taiwanese developer of millimeter-wave phased array solutions, said on March 25 that it has partnered with Comtech to introduce a next-generation satellite communications terminal capable of operating across multiple orbits, marking a significant step for a Taiwanese company into the core of the global satcom supply chain....
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16.03.26 - 21:15
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Comtech Announces Financial Results for Second Quarter of Fiscal 2026 (Business Wire)
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CHANDLER, Ariz.--(BUSINESS WIRE)--$CMTL #5G--March 16, 2026-- Comtech Telecommunications Corp. (NASDAQ: CMTL) (“Comtech” or the “Company”), a global communications technology leader, today reported financial results for its second quarter ended January 31, 2026.
Ken Traub, Chairman, President and CEO, stated:
“Comtech continued on its positive trajectory of improvement, as we delivered our fourth consecutive quarter of positive operating cash flow and ended the quarter with approximately $50 million of total liquidity. With net bookings of $175 million in the quarter, we have achieved a book-to-bill ratio of 1.64x, increased our backlog to $732 million and maintained our revenue visibility at approximately $1.1 billion. As previously disclosed, we have streamlined our product lines and are more selective in the customer orders we accept. As a result of these deliberate decisions, as well as the temporary impact of the U.S. government shutdown, consolidated net sales decreased from $127 million i...
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