Comtech Telecommunications Corp. (CMTL)
Market Cap | 107.10M |
Revenue (ttm) | 540.40M |
Net Income (ttm) | -135.44M |
Shares Out | 28.87M |
EPS (ttm) | -4.70 |
PE Ratio | n/a |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 154,580 |
Open | 3.700 |
Previous Close | 3.690 |
Day's Range | 3.555 - 3.790 |
52-Week Range | 1.530 - 12.510 |
Beta | 1.56 |
Analysts | Strong Buy |
Price Target | 9.25 (+149.33%) |
Earnings Date | Dec 13, 2024 |
About CMTL
Comtech Telecommunications Corp., together with its subsidiaries, engages in the provision of next-gen telecommunication solutions in the United States and internationally. The company operates through Satellite and Space Communications; and Terrestrial and Wireless Networks segments. The Satellite and Space Communications segment offers satellite ground station technologies, services and system integration that facilitates the transmission of voice, video, and data over GEO, MEO and LEO satellite constellations, including solid-state and trave... [Read more]
Financial Performance
In 2024, CMTL's revenue was $540.40 million, a decrease of -1.74% compared to the previous year's $549.99 million. Losses were -$135.44 million, 299.5% more than in 2023.
Financial StatementsAnalyst Forecast
According to one analyst, the rating for CMTL stock is "Strong Buy" and the 12-month stock price forecast is $9.25.
News
Comtech Elects Kenneth H. Traub as Executive Chairman
CHANDLER, Ariz.--(BUSINESS WIRE)--Comtech Telecommunications Corp. (NASDAQ: CMTL) (“Comtech” or the “Company”), a global technology leader, today announced that its Board of Directors (the “Board”) ha...
Comtech Releases Inaugural Corporate Social Responsibility Report
CHANDLER, Ariz.--(BUSINESS WIRE)---- $CMTL #5G--November 26, 2024-- Comtech Telecommunications Corp. (NASDAQ: CMTL) (“Comtech” or the “Company”), a global technology leader, today released its Fiscal ...
Comtech Appoints Daniel Gizinski as New President of Satellite & Space Communications Segment
CHANDLER, Ariz.--(BUSINESS WIRE)---- $CMTL #5G--November 19, 2024-- Comtech Telecommunications Corp. (NASDAQ: CMTL) (“Comtech” or the “Company”), a global technology leader, announced today the appoin...
Comtech Announces Amicable Resolution With the Porcelain/Kornberg/Timoshenko Group
CHANDLER, Ariz.--(BUSINESS WIRE)--Comtech Telecommunications Corp. (NASDAQ: CMTL) (the “Company”), a global technology leader, today announced that its Board of Directors entered into a cooperation ag...
U.S. Navy Awards Comtech $50 Million SLM-5650B Modem Contract
CHANDLER, Ariz.--(BUSINESS WIRE)---- $CMTL #5G--November 14, 2024-- Comtech Telecommunications Corp. (NASDAQ: CMTL) (“Comtech” or the “Company”), a global technology leader, announced today that the U...
Comtech Telecommunications Corp. (CMTL) Q4 2024 Earnings Call Transcript
Comtech Telecommunications Corp. (NASDAQ:CMTL) Q4 2024 Earnings Conference Call October 31, 2024 4:30 PM ET Company Participants John Ratigan - President, Chief Executive Officer Mike Bondi - Chief F...
Comtech Announces Results for its Fourth Quarter of Fiscal 2024
CHANDLER, Ariz.--(BUSINESS WIRE)---- $CMTL #5G--Oct. 31, 2024-- In a letter to shareholders, Comtech (NASDAQ: CMTL) today announced that its fourth quarter fiscal 2024 financial results are now availa...
Comtech To Host Fourth Quarter and Fiscal Year 2024 Earnings Conference Call
CHANDLER, Ariz.--(BUSINESS WIRE)--Oct. 31, 2024-- Comtech (NASDAQ: CMTL) today announced that it will be hosting an earnings conference call at 4:30 p.m. ET today, to discuss its fourth quarter and fi...
Comtech Announces Leadership Updates
CHANDLER, Ariz.--(BUSINESS WIRE)---- $CMTL #5G--October 30, 2024-- Comtech (NASDAQ: CMTL) (the “Company”), a global technology leader, today announced that its Board of Directors has appointed John Ra...
Comtech Announces Transformation Strategy and Capital Structure Update
CHANDLER, Ariz.--(BUSINESS WIRE)--Comtech (NASDAQ: CMTL) (the “Company”), a global technology leader, today announced that its Board of Directors and management team are executing a strategy to transf...
Ken Peterman, Former CEO of Comtech, Endorses Michael Porcelain's Full Slate of Director Nominees
Peterman Becomes the Third Former CEO of Comtech Calling for a Complete Board Overhaul to Restore Stockholder Value WASHINGTON , Oct. 8, 2024 /PRNewswire/ -- Ken Peterman, former CEO of Comtech Teleco...
SES Space & Defense Awards Comtech Order for Next-generation Modems to Operate on O3b mPOWER Constellation
CHANDLER, Ariz.--(BUSINESS WIRE)---- $CMTL #5G--Oct. 1, 2024-- Comtech (NASDAQ: CMTL) (the “Company”), a global technology leader, today announced SES Space & Defense recently awarded the Company an i...
Comtech Comments on Director Nominations
CHANDLER, Ariz.--(BUSINESS WIRE)--Comtech (NASDAQ: CMTL) (the “Company”), a global technology leader, today noted the director nominations submitted by Michael Porcelain, Fred Kornberg and their affil...
Comtech's Former CEOs Nominate Full Slate of Candidates for Comtech Board of Directors
Issue Open Letter to Comtech Stockholders Advocating for an Independent Evaluation of Strategic Options for Comtech's 911 Public Safety Business, the Appointment of an External CEO & COO, and Other In...
Comtech Launches New Digital Common Ground Modem Product Line for DoD and Coalition Customers
CHANDLER, Ariz.--(BUSINESS WIRE)---- $CMTL #5G--Sept. 11, 2024-- Comtech (NASDAQ: CMTL) (“the Company”), a global technology leader, today announced the launch of the Company's new Digital Common Grou...
Comtech Relocates Corporate Headquarters to Chandler, AZ
CHANDLER, Ariz.--(BUSINESS WIRE)---- $CMTL #5G--Aug. 16, 2024-- Comtech (NASDAQ: CMTL) (the “Company”), a global technology leader, today announced the relocation of its corporate headquarters from Me...
Investors Of Comtech Telecommunications Corp With Losses Over $100,000 Are Encouraged By The Schall Law Firm To Make Contact
LOS ANGELES, CA / ACCESSWIRE / July 30, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Comtech Telecommu...
Investors Of Comtech Telecommunications Corp With Losses Exceeding $100,000 Are Urged By The Schall Law Firm To Contact
LOS ANGELES, CA / ACCESSWIRE / July 26, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Comtech Telecommu...
Comtech Telecommunications (CMTL) Delays Filings Again, Deepening Financial Uncertainty – Hagens Berman
SAN FRANCISCO, July 24, 2024 (GLOBE NEWSWIRE) -- Hagens Berman urges Comtech Telecommunications Corp. (NASDAQ: CMTL) investors who suffered substantial losses to take action by submitting your losses ...
Comtech Telecommunications Corporation Investors With Over $100,000 Losses Are Encouraged By The Schall Law Firm To Reach Out
LOS ANGELES, CA / ACCESSWIRE / July 19, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Comtech Telecommu...
Investigation Into Comtech Telecommunications (CMTL) Announced by Hagens Berman
SAN FRANCISCO, July 19, 2024 (GLOBE NEWSWIRE) -- Hagens Berman urges Comtech Telecommunications Corp. (NASDAQ: CMTL) investors who suffered substantial losses to take action by submitting your losses ...
Investors Of Comtech Telecommunications Corporation With Losses Exceeding $100,000 Are Urged By The Schall Law Firm To Connect
LOS ANGELES, CA / ACCESSWIRE / July 18, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Comtech Telecommu...
Investors Of Comtech Telecommunications Corp With Losses Exceeding $100,000 Are Invited By The Schall Law Firm To Contact
LOS ANGELES, CA / ACCESSWIRE / July 17, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Comtech Telecommu...
Comtech Telecommunications Corp Investors With Losses Surpassing $100,000 Are Welcomed By The Schall Law Firm To Reach Out
LOS ANGELES, CA / ACCESSWIRE / July 16, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Comtech Telecommu...
The Schall Law Firm Invites Comtech Telecommunications Corp Investors With Over $100,000 In Losses To Contact Them
LOS ANGELES, CA / ACCESSWIRE / July 13, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Comtech Telecommu...