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Comtech Telecommunications (CMTL) Delays Filings Again, Deepening Financial Uncertainty – Hagens Berman
CMTLComtech Telecommunications(CMTL) GlobeNewswire News Room·2024-06-17 17:22

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 ...