Comtech Telecommunications Corp. (CMTL)

NASDAQ: CMTL · Real-Time Price · USD
2.435
+0.165 (7.27%)
Feb 6, 2025, 1:23 PM EST - Market open
7.27%
Market Cap 71.03M
Revenue (ttm) 504.29M
Net Income (ttm) -288.04M
Shares Out 29.17M
EPS (ttm) -9.94
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 392,041
Open 2.300
Previous Close 2.270
Day's Range 2.200 - 2.450
52-Week Range 1.530 - 7.280
Beta 1.44
Analysts Strong Buy
Price Target 9.25 (+279.88%)
Earnings Date Mar 17, 2025

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]

Sector Technology
Founded 1967
Employees 1,676
Stock Exchange NASDAQ
Ticker Symbol CMTL
Full Company Profile

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 Statements

Analyst Forecast

According to one analyst, the rating for CMTL stock is "Strong Buy" and the 12-month stock price forecast is $9.25.

Price Target
$9.25
(279.88% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Comtech Telecommunications Corp. (CMTL) Q1 2025 Earnings Call Transcript

Comtech Telecommunications Corp. (NASDAQ:CMTL) Q1 2025 Earnings Call Transcript January 13, 2025 8:30 AM ET Company Participants Maria Ceriello - IR Ken Traub - Chairman, President and CEO Mike Bondi...

23 days ago - Seeking Alpha

Comtech Announces Financial Results for the First Quarter of Fiscal 2025

CHANDLER, Ariz.--(BUSINESS WIRE)---- $CMTL #5G--January 13, 2025-- Comtech Telecommunications Corp. (NASDAQ: CMTL) ("Comtech" or the "Company"), a global communications technology leader, today report...

24 days ago - Business Wire

Comtech Announces CEO Transition and Comprehensive Transformation Initiatives

CHANDLER, Ariz.--(BUSINESS WIRE)---- $CMTL #5G--Jan. 13, 2025-- Comtech Telecommunications Corp. (NASDAQ: CMTL) (“Comtech” or the “Company”), a global communications technology leader, today announced...

24 days ago - Business Wire

Comtech to Report First Quarter Fiscal 2025 Results on January 13, 2025

CHANDLER, Ariz.--(BUSINESS WIRE)---- $CMTL #5G--Jan. 10, 2025-- Comtech Telecommunications Corp. (NASDAQ: CMTL) (“Comtech” or the “Company”) today announced that it plans to release its first quarter ...

27 days ago - Business Wire

Comtech Provides Update on Quarterly Filing Process

CHANDLER, Ariz.--(BUSINESS WIRE)---- $CMTL #5G--December 23, 2024-- Comtech Telecommunications Corp. (NASDAQ: CMTL) (“Comtech” or the “Company”), a global technology leader, received a letter (the “Le...

6 weeks ago - Business Wire

SEC Charges Ken Peterman, Former Comtech CEO, with Insider Trading in Advance of Negative Earnings Announcement

Washington, D.C.--(Newsfile Corp. - December 11, 2024) - The Securities and Exchange Commission today announced insider trading charges against Ken Peterman, the former CEO, president, and Chair of th...

2 months ago - Newsfile Corp

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...

2 months ago - Business Wire

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 ...

2 months ago - Business Wire

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...

2 months ago - Business Wire

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...

2 months ago - Business Wire

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...

3 months ago - Business Wire

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...

3 months ago - Seeking Alpha

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...

3 months ago - Business Wire

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...

3 months ago - Business Wire

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...

3 months ago - Business Wire

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...

3 months ago - Business Wire

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...

4 months ago - PRNewsWire

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...

4 months ago - Business Wire

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...

4 months ago - Business Wire

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...

4 months ago - PRNewsWire

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...

5 months ago - Business Wire

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...

6 months ago - Business Wire

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...

6 months ago - Accesswire

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...

6 months ago - Accesswire

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 ...

7 months ago - GlobeNewsWire