Comtech Telecommunications(US:CMTL)2022-01-22 00:00Company Overview - Comtech's FY2021 revenue was approximately $582 million[3], with an adjusted EBITDA of $77 million[3] - The company expects future revenue of $1.2 billion from a significant new business pipeline[3] - Comtech has paid cash dividends for 46 consecutive quarters[3] Market Position and Growth - The NextGen 911 public safety market is expected to grow more than 2x from 2020 to 2026, reaching $1.7 billion[3] - The satellite ground station equipment market is expected to grow nearly 2x from 2020 to 2029, reaching $9 billion[3] - Comtech is the fastest-growing NG911 provider in the U S [11] Financial Performance and Guidance - FY2022 revenue guidance is approximately $590 million[18] - FY2022 adjusted EBITDA guidance is approximately $73 million[18] - Q1 FY2022 revenue was $116 8 million with adjusted EBITDA of $5 5 million, representing 4 7% of net sales[27] Segment Performance - In Q1 FY22, Commercial Solutions revenue was $78 9 million with an adjusted EBITDA of $9 1 million (11 5% of revenue)[26] - Government Solutions revenue in Q1 FY22 was $37 8 million with an adjusted EBITDA of $0 6 million (1 6% of revenue)[26]