BOSTON, June 26, 2024 (GLOBE NEWSWIRE) -- Block & Leviton is investigating Comtech Telecommunications Corp. (NASDAQ:CMTL) for potential securities law violations. Investors who have lost money in their Comtech Telecommunications investment should contact the firm to learn more about how they might recover those losses. For more details, visit https://blockleviton.com/cases/cmtl. What is this all about? Who is eligible? What is Block & Leviton doing? What should you do next? Whistleblower? If you have non-pu ...

Following news of Peterman's termination, Comtech's stock price fell $1.57 per share, or 27.26%, to close at $4.19 per share on March 13, 2024. Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York, California, and South Carolina. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit www.bespc.com. Attorn ...

Comtech Telecommunications Corp. (NASDAQ:CMTL) Q3 2024 Earnings Conference Call June 18, 2024 8:30 AM ET Company Participants Maria Ceriello - IR John Ratigan - CEO Michael Bondi - CFO Conference Call Participants Joe Gomes - Noble Capital Mike Crawford - B. Riley Securities FBR Gregory Burns - Sidoti Operator Welcome to Comtech's Fiscal Third Quarter 2024 Earnings Conference Call. As a reminder, this conference is being recorded today, Tuesday, June 18, 2024. I would now like to turn the conference over to ...

Over the last four quarters, the company has surpassed consensus EPS estimates two times. Comtech shares have lost about 74.3% since the beginning of the year versus the S&P 500's gain of 14.8%. There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. It will be interesting to ...

First, I promised direct and clear explanation of my growth and improving the performance of both our Networks segment and our Satellite & Space Comr Second, I stated that my top priority was to strengthe Today, Comtech's balance sheet is now stronger. It can once again support the improved performs anticipate as Comtech continues to deliver best-in-c solutions to our customers around the world. Importa turn our focus toward my next priority: improving cycle, in particular, accelerating the liquidation of o ...

Index During the nine months ended April 30, 2024, we recorded a net discrete tax expense of $1.0 million primarily related to the anticipated timing of the settlement of contingent consideration related to the PST Divestiture. Upon settlement of the contingent consideration, if any, we would expect an offsetting net discrete tax benefit due to the utilization of capital losses that had been previously subject to a full valuation allowance. During the nine months ended April 30, 2023, we recorded a net disc ...

If you purchased Comtech Telecommunications stock and suffered a loss on that investment, you are encouraged to contact Corey Holzer, Esq. at cholzer@holzerlaw.com or Joshua Karr, Esq. at jkarr@holzerlaw.com, call our toll-free number at (888) 508-6832, or visit our website at http://holzerlaw.com/case/comtechtelecommunications/ to discuss your legal rights. Holzer & Holzer, LLC is an Atlanta, Georgia law firm that dedicates its practice to vigorous representation of shareholders and investors in litigation ...

ATLANTA, June 17, 2024 (GLOBE NEWSWIRE) -- Holzer & Holzer, LLC is investigating whether Comtech Telecommunications Corp. ("Comtech Telecommunications" or the "Company") (NASDAQ: CMTL) complied with federal securities laws. On June 10, 2024, Comtech Telecommunications announced that it is unable to file its Quarterly Report on Form 10-Q for the period ended April 30, 2024, citing "ongoing efforts to refinance its Credit Facility and complete its quarterly goodwill and going concern reporting considerations. ...

Ongoing Refinancing Efforts Cited for Delay In its June 10 filing with the SEC, Comtech attributed the delay to its ongoing efforts to refinance its credit facility and complete reporting requirements related to goodwill and "going concern" considerations. These factors prevented the company from filing its quarterly report for the period ended Apr. 30, 2024, on time. While Comtech expects to file within a five-week grace period allowed by the SEC, the delay raises further concerns about the company's finan ...

BOSTON, June 12, 2024 (GLOBE NEWSWIRE) -- Block & Leviton is investigating Comtech Telecommunications Corp. (NASDAQ:CMTL) for potential securities law violations. Investors who have lost money in their Comtech Telecommunications investment should contact the firm to learn more about how they might recover those losses. For more details, visit https://blockleviton.com/cases/cmtl. On June 10, 2024, Comtech Telecommunications announced a further delay to issuing its financial results, which it attributed to ef ...