COMSovereign Holding Corp. (COMS)

OTCMKTS: COMS · Delayed Price · USD
0.200
0.00 (0.05%)
Apr 17, 2024, 3:21 PM EDT - Market closed
Market Cap 539.32K
Revenue (ttm) 6.17M
Net Income (ttm) -45.86M
Shares Out 2.70M
EPS (ttm) -2.19
PE Ratio n/a
Forward PE 2.95
Dividend n/a
Ex-Dividend Date n/a
Volume 3,921
Open 0.260
Previous Close 0.200
Day's Range 0.180 - 0.260
52-Week Range 0.111 - 2.760
Beta 1.56
Analysts Strong Buy
Price Target 3.00 (+1,399.25%)
Earnings Date Jan 9, 2024

About COMS

COMSovereign Holding Corp. provides various solutions for network operators, mobile device carriers, governmental units, and other enterprises worldwide. The company offers packet microwave solutions that transmit broadband voice, video, and data, as well as enable service providers, government agencies, enterprises, and other organizations; harmony enhanced MC; fastback intelligent backhaul radio (IBR); and in-band full-duplex technology. It also provides tethered drones and aerostats for use in intelligence, surveillance, reconnaissance, and ... [Read more]

CEO David A. Knight
Employees 25
Stock Exchange OTCMKTS
Ticker Symbol COMS
Full Company Profile

Financial Performance

In 2022, COMS's revenue was $9.88 million, a decrease of -21.85% compared to the previous year's $12.64 million. Losses were -$79.71 million, -48.83% less than in 2021.

Financial Statements

Analyst Forecast

According to one analyst, the rating for COMS stock is "Strong Buy" and the 12-month stock price forecast is $3.0.

Price Target
$3.0
(1,399.25% upside)
Analyst Consensus: Strong Buy

News

COMSovereign Regains Current Filer Status with Filing of 10-Qs for the Quarters Ended March 31, June 30, and September 30, 2023

- Corporate Streamlining Efforts Dramatically Reduced General and Administrative Expenses as Company Continues Support for Wireless Connectivity and Aerial Platform Customers - TUCSON, Ariz. , Jan. 10...

3 months ago - PRNewsWire

COMSovereign Files 10-K For the Year Ended December 31, 2022

- Company Works to File its Delinquent Quarterly Reports for 2023 as it Continues its Business Transition Plan Including Cost-Cutting and Streamlining its Corporate Structure - TUCSON, Ariz. , Dec. 7,...

4 months ago - PRNewsWire

COMSovereign Announces Receipt of Additional Nasdaq Listing Determination

TUCSON, Ariz. , Nov. 22, 2023 /PRNewswire/ -- COMSovereign Holding Corp. (NASDAQ: COMS and COMSP) ("COMSovereign" or the "Company"), a U.S.-based developer of 4G LTE Advanced and 5G communication syst...

5 months ago - PRNewsWire

COMSovereign CTO Dr. Dustin McIntire to Lead 5G Architecture & Security Session at Cal Poly Pomona's National Science Foundation CyberCorps Program

Cal Poly Pomona to Program to Provide Hand-On Training of Over 40 CyberCorps Scholars on Traffic Analysis and Cybersecurity Utilizing COMSovereign's 5G Stand Alone Open-RAN Platform TUCSON, Ariz. , No...

5 months ago - PRNewsWire

COMSovereign Announces Receipt of Nasdaq Listing Determination; Company to Request Hearing and Further Stay

TUCSON, Ariz. , Oct. 20, 2023 /PRNewswire/ -- COMSovereign Holding Corp. (NASDAQ: COMS and COMSP) ("COMSovereign" or the "Company"), a U.S.-based developer of 4G LTE Advanced and 5G communication syst...

6 months ago - PRNewsWire

COMSovereign's Fastback Intelligent Backhaul Radios Deployed at the Nation's Leading Travel Stop Network to Dramatically Improving Connectivity

Fastback Delivers High-Performance Wireless Connectivity to Virtually Any Location, Including Those Challenged by Non-Line Of Sight (NLOS) Limitations TUCSON, Ariz. , Oct. 19, 2023 /PRNewswire/ -- COM...

6 months ago - PRNewsWire

COMSovereign Adds Wireless Network Monitoring and Compliance Software-as-a-Service Capability Through Reseller Agreement with SIFF.IO

Cloud-Based Network Monitoring and Change Management Capabilities to Deliver Increased Operational Visibility and Control While Mitigating Incident Risk TUCSON, Ariz. , Oct. 18, 2023 /PRNewswire/ -- C...

6 months ago - PRNewsWire

COMSovereign Holding Corp. CEO David Knight to Present at The ThinkEquity Conference on October 19, 2023

TUCSON, Ariz. , Oct. 10, 2023 /PRNewswire/ -- COMSovereign Holding Corp. (NASDAQ: COMS and COMSP) ("COMSovereign" or the "Company"), a U.S.-based developer of 4G LTE Advanced and 5G communication syst...

6 months ago - PRNewsWire

COMSovereign Holding Corp. CEO David Knight to Present at the ThinkEquity Conference on October 19, 2023

Tucson, Arizona--(Newsfile Corp. - October 10, 2023) - COMSovereign Holding Corp. (NASDAQ: COMS) (NASDAQ: COMSP) ("COMSovereign" or the "Company"), a U.S.-based developer of 4G LTE Advanced and 5G com...

6 months ago - Newsfile Corp

COMSovereign Receives Notice from Nasdaq Regarding Delayed Quarterly Report

TUCSON, Ari., Aug. 22, 2023 /PRNewswire/ -- COMSovereign Holding Corp. (NASDAQ: COMS and COMSP) ("COMSovereign" or the "Company"), a U.S.-based developer of 4G LTE Advanced and 5G communication system...

8 months ago - PRNewsWire

COMSovereign and Vercom Inc. Deploy Fastback Intelligent Backhaul Radios to Rapidly Restore Wireless Network Services After Outage

Industry-Leading Wireless Reliability and Performance for Public and Private Networks Driven by Fastback's Artificial Intelligence and Extreme Interference Protection Technologies TUCSON, Ariz. , June...

11 months ago - PRNewsWire

COMSovereign Expands Latin American Business and Sales Capabilities Through New Reseller Agreement with CLAdirect

CLAdirect Supports Public and Private Networks Operated by Tier-One, Government, and Enterprise Customers in Over 10 Countries TUCSON, Ariz. , May 2, 2023 /PRNewswire/ -- COMSovereign Holding Corp. (N...

1 year ago - PRNewsWire

COMSovereign Names Bill White, CFE as New Independent Director and Chair of Audit Committee

Mr. White Brings Over 30 Years of Experience in Financial Management and Operations to Company's Board of Directors TUCSON, Ariz. , April 27, 2023 /PRNewswire/ -- COMSovereign Holding Corp. (NASDAQ: C...

1 year ago - PRNewsWire

COMSovereign Names Keith Kaczmarek as Chief Revenue Officer

Mr. Kaczmarek Brings Over 30 Years of Wireless Technology, Business Development and Operational Experience to New Senior Role TUCSON, Ariz. , April 25, 2023 /PRNewswire/ -- COMSovereign Holding Corp. ...

1 year ago - PRNewsWire

COMSovereign Receives Notice from Nasdaq Regarding Delayed Annual Report

TUCSON, Ariz. , April 21, 2023 /PRNewswire/ -- COMSovereign Holding Corp. (NASDAQ: COMS and COMSP) ("COMSovereign" or the "Company"), a U.S.-based developer of 4G LTE Advanced and 5G communication sys...

1 year ago - PRNewsWire

COMSovereign Regained Compliance with Nasdaq Listing Criteria

TUCSON, Ariz. , March 1, 2023 /PRNewswire/ -- COMSovereign Holding Corp. (NASDAQ: COMS and COMSP) ("COMSovereign" or the "Company"), a U.S.-based developer of 4G LTE Advanced and 5G communication syst...

1 year ago - PRNewsWire

COMSovereign Files 10-Q For the Quarter Ended September 30, 2022 Regaining "Current Filer" Status with the Security and Exchange Commission and Nasdaq

- Quarterly Revenue from Continuing Operations Increases by Approximately 16% and Total Operating Expenses Reduced by Over 70% Versus Year-Ago Quarter as Business Refocusing and Cost Cutting Activitie...

1 year ago - PRNewsWire

COMSovereign and the University of North Texas Collaborate on 5G Edge-Centric Hosted Infrastructure Test Platform Under Newly Issued State Research Grant

New 5G System to Focus on Secure, Private, Low-Cost and Delay-Sensitive Applications in Drones, Autonomous Vehicles, Mobile Edge Computing and Public Safety DALLAS and DENTON, Texas , Feb. 21, 2023 /P...

1 year ago - PRNewsWire

COMSovereign's Fastback Radios Continue to Solve Critical Last-Mile Wireless Connectivity Challenges Enabling Rapid Network Expansion and Revenue Generation for Operators

Advanced AI and Extreme Interference Protection Continues to Drive Industry-Leading Performance in the Most Demanding Network Environments TUCSON, Ariz. , Feb. 16, 2023 /PRNewswire/ -- As wireless net...

1 year ago - PRNewsWire

COMSovereign Renews "Rip and Replace" Radios Sales Program for U.S.-Based Wireless Network Operators and Service Providers

Programs to Feature Sales of DragonWave and Fastback Radios in Response to New Government Restrictions on Exports to Chinese Equipment Manufacturers TUCSON, Ariz. , Feb. 15, 2023 /PRNewswire/ -- COMSo...

1 year ago - PRNewsWire

COMSovereign Announces an 80% Year-Over-Year Reduction of Outstanding Secured Debt

Debt Reduction is a Critical Element of the Business Transition Plan as the Company Continues to Streamline Operations, Reduce Costs, and Identify Additional Revenue-Generating Opportunities TUCSON, A...

1 year ago - PRNewsWire

COMSovereign Announces Reverse Split

TUCSON, Ariz. , Feb. 10, 2023 /PRNewswire/ -- COMSovereign Holding Corp. (NASDAQ: COMS and COMSP) ("COMSovereign" or the "Company"), a U.S.-based developer of 4G LTE Advanced and 5G communication syst...

1 year ago - PRNewsWire

COMSovereign Announces Results of its 2022 Annual Meeting

- Shareholders Vote to Approve All Proposals; Company to Effectuate Reverse Stock Split Effective Prior to Market Open on February 10, 2023 - TUCSON, Ariz. , Feb. 9, 2023 /PRNewswire/ -- COMSovereign ...

1 year ago - PRNewsWire

COMSovereign Files 10-Q For the Quarter Ended June 30, 2022

- Company Makes Continued Progress in Business Transition and in Efforts to Regain Compliance with Nasdaq Listing Requirements - TUCSON, Ariz. , Jan. 30, 2023 /PRNewswire/ -- COMSovereign Holding Corp...

1 year ago - PRNewsWire

COMSovereign Issues Update Regarding Adjournment of Annual Meeting of Stockholders and Reminder to Vote

- Company Sets February 8, 2023 as New Annual Meeting Date – TUCSON, Ariz. , Jan. 18, 2023 /PRNewswire/ -- COMSovereign Holding Corp. (NASDAQ: COMS) ("COMSovereign" or the "Company"), a U.S.-based dev...

1 year ago - PRNewsWire