Comtech Telecommunications(CMTL)

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Comtech Telecommunications(CMTL) - 2024 Q2 - Quarterly Report
2024-03-18 21:20
Index UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) [ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended January 31, 2024 [] Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Commission File Number: 0-7928 (Exact name of registrant as specified in its charter) Delaware 11-2139466 (I.R.S. Employer Identification Number) (State or other jurisdiction of incor ...
Comtech Telecommunications(CMTL) - 2024 Q2 - Quarterly Results
2024-03-18 20:38
Exhibit 99.1 ne H tuent In Second Quarter Fiscal Year 2024 e SECOND QUARTER: Fiscal Year 2024 FOREWORD John Ratigan, Interim CEO Fellow Shareholders, Let me begin with a quick note of introduction: while I'm new to the role of Comtech's CEO, I'm not new to Comtech, our strategy, our markets, our vendors, or our customers, and I'm not new to being a CEO. Before Comtech, I served as CEO and President of iDirect Government for 20 years, a company delivering secure satellite-based voice, video and data applicat ...
Comtech Announces Results for its Second Quarter of Fiscal 2024
Businesswire· 2024-03-18 20:30
CHANDLER, Ariz.--(BUSINESS WIRE)--March 18, 2024-- Comtech (NASDAQ: CMTL) (“the Company”) today announced its second quarter fiscal 2024 financial results in a letter to shareholders, which has been posted to the Investor Relations section of Comtech's website. Investors are invited to access the second quarter fiscal 2024 shareholder letter at comtech.com/investors/. A copy of the letter will also be filed with the Securities and Exchange Commission in a Form 8-K. Comtech will host its previously schedul ...
Comtech to Report Second Quarter Fiscal 2024 Results on March 18, 2024
Businesswire· 2024-03-13 20:30
MELVILLE, N.Y.--(BUSINESS WIRE)--March 13, 2024-- Comtech (NASDAQ: CMTL) today announced that it plans to release its second quarter fiscal 2024 results after the market closes on Monday, March 18, 2024. At 5:00 p.m. ET that day, the Company will hold a conference call to discuss its second quarter fiscal 2024 results, operations, and business trends. A 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 ...
Comtech Appoints John Ratigan as Interim Chief Executive Officer
Businesswire· 2024-03-13 13:00
MELVILLE, N.Y.--(BUSINESS WIRE)--Comtech (NASDAQ: CMTL) (the “Company”) today announced that its Board of Directors has appointed John Ratigan, Chief Corporate Development Officer (“CCDO”), as interim Chief Executive Officer, effective immediately. Mr. Ratigan succeeds Ken Peterman, who has been terminated as President and CEO and will cease to serve on the Board. Mr. Peterman’s termination was for conduct unrelated to Comtech’s business strategy, financial results or previously filed financial statements. ...
Comtech Selected by Innovation Canada to Join Exclusive Accelerated Growth Services Program
Businesswire· 2024-02-07 14:00
MELVILLE, N.Y.--(BUSINESS WIRE)--February 7, 2024-- Comtech (NASDAQ: CMTL), a global technology leader, today announced its Canadian subsidiary was invited by Innovation Canada, a sector of Innovation, Science and Economic Development Canada, to join a select group of companies participating in the Accelerated Growth Service (AGS) program. The AGS program offers support to a number of high-growth, high-potential, qualifying businesses across Canada. As part of the program, Comtech will gain access to key ...
Washington State Awards Comtech $48 Million Multi-Year Contract Extension for Next Generation 911 Services
Businesswire· 2024-02-05 14:00
MELVILLE, N.Y.--(BUSINESS WIRE)--February 5, 2024-- Comtech (NASDAQ: CMTL) announced today that Washington State recently awarded the company a $48 million contract extension to continue providing Next Generation 911 (NG911) services over the next five years, with the option to extend through 2034. Washington State initially contracted Comtech to design, deploy and operate next generation public safety technologies and secure and reliable communications capabilities in 2016, making Washington a national ...
Comtech Receives Government Approval to Move Forward on $544 Million U.S. Army Contract
Businesswire· 2024-02-01 14:00
MELVILLE, N.Y.--(BUSINESS WIRE)--Feb. 1, 2024--Comtech (NASDAQ: CMTL) announced today it received approval from the U.S. Army Contracting Command to move forward on the Company’s previously announced $544 million Global Field Service Representative (GFSR) contract. Under this 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 Tactical Netw ...
Comtech (CMTL) Soars 15.3%: Is Further Upside Left in the Stock?
Zacks Investment Research· 2024-01-23 12:16
Comtech Telecommunications (CMTL) shares rallied 15.3% in the last trading session to close at $7.76. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 18.6% loss over the past four weeks.The uptrend in share prices is largely attributable to the fresh capital infusion in the company. Comtech recently secured a $45 million investment from its existing shareholders – White Hat Capital Partners LP and Magnetar.Th ...
Comtech Announces $45 Million Strategic Investment and Exchange of Convertible Preferred Stock
Businesswire· 2024-01-22 14:20
MELVILLE, N.Y.--(BUSINESS WIRE)--January 22, 2024 -- Comtech Telecommunications Corp. (NASDAQ: CMTL) (“Comtech” or the “Company”), a leading global technology company providing terrestrial and wireless network solutions, next-generation 911 emergency services, satellite and space communications technologies, and cloud native capabilities, today announced a $45.0 million investment by current shareholders White Hat Capital Partners LP (“White Hat”), an investment firm focused on sustainable value creation in ...