COMSovereign Holding Corp. (COMS)

NASDAQ: COMS · IEX Real-Time Price · USD
1.68
-0.04 (-2.15%)
Jun 5, 2023, 1:29 PM EDT - Market open
-2.15%
Market Cap 4.52M
Revenue (ttm) 11.94M
Net Income (ttm) -155.81M
Shares Out 2.68M
EPS (ttm) -210.21
PE Ratio n/a
Forward PE 2.95
Dividend n/a
Ex-Dividend Date n/a
Volume 23,883
Open 1.68
Previous Close 1.72
Day's Range 1.66 - 1.75
52-Week Range 1.61 - 32.70
Beta 1.59
Analysts n/a
Price Target n/a
Earnings Date Jun 16, 2023

About COMS

COMSovereign Holding Corp. provides technologically-advanced telecom 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; and in-band full-duplex technologies that alleviate the performance limitations of the principal transmission technologies. It also provides tethered drones and aerostats for use in... [Read more]

CEO David A. Knight
Employees 144
Stock Exchange NASDAQ
Ticker Symbol COMS
Full Company Profile

Financial Performance

In 2021, COMS's revenue was $12.64 million, an increase of 34.08% compared to the previous year's $9.43 million. Losses were -$153.22 million, 313.2% more than in 2020.

Financial Statements

News

COMSovereign Receives Notice from Nasdaq Regarding Delayed Quarterly Report

TUCSON, Ariz. , May 19, 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 syste...

2 weeks 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 month 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 month ago - PRNewsWire
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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 month 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 month 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...

3 months 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...

3 months 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...

3 months ago - PRNewsWire
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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...

3 months 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...

3 months 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...

4 months 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...

4 months 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 ...

4 months ago - PRNewsWire
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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...

4 months 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...

4 months ago - PRNewsWire

COMSovereign Issues New Year CEO Update Letter

DALLAS , Jan. 10, 2023 /PRNewswire/ -- COMSovereign Holding Corp. (NASDAQ: COMS) ("COMSovereign" or the "Company"), a U.S.-based developer of 4G LTE Advanced and 5G Communication Systems and Solutions...

5 months ago - PRNewsWire

COMSovereign Announces Disposition of RVision Inc.

Transaction Continues Business Transition, Reduces Operating Expenses DALLAS , Jan. 5, 2023 /PRNewswire/ -- COMSovereign Holding Corp. (NASDAQ: COMS) ("COMSovereign" or the "Company"), a U.S.-based de...

5 months ago - PRNewsWire

COMSovereign Announces the Sale of its Sky Sapience Drone Subsidiary

Transaction Advances the Company's Refocusing Efforts on its 4G LTE and 5G Wireless Connectivity Solutions DALLAS , Dec. 22, 2022 /PRNewswire/ -- COMSovereign Holding Corp. (NASDAQ: COMS) and (NASDAQ:...

5 months ago - PRNewsWire

COMSovereign Files 10-Q For the Quarter Ended March 31, 2022 as Part of Ongoing Plan to Regain Compliance with Nasdaq Listing Requirements

DALLAS , Dec. 16, 2022 /PRNewswire/ -- COMSovereign Holding Corp. (NASDAQ: COMS and COMSP) ("COMSovereign" or the "Company"), a U.S.-based developer of 4G LTE Advanced and 5G communication systems ann...

6 months ago - PRNewsWire

COMSovereign Receives Approval for Continued Nasdaq Listing

DALLAS , Dec. 1, 2022 /PRNewswire/ -- COMSovereign Holding Corp. (NASDAQ: COMS and COMSP) ("COMSovereign" or the "Company"), a U.S.-based developer of 4G LTE Advanced and 5G communication systems and ...

6 months ago - PRNewsWire

COMSovereign Appoints David Knight as Chief Executive Officer and President

- Company to Continue Corporate Transition, Focusing on Revenue Generation Activities in its Wireless Connectivity and Tethered Drone Units - DALLAS , Nov. 29, 2022 /PRNewswire/ -- COMSovereign Holdin...

6 months ago - PRNewsWire

COMSovereign Receives Anticipated Additional Delinquency Notice from Nasdaq

DALLAS , Nov. 18, 2022 /PRNewswire/ -- COMSovereign Holding Corp. (NASDAQ: COMS and COMSP) ("COMSovereign" or the "Company"), a U.S.-based developer of 4G LTE Advanced and 5G communication systems and...

7 months ago - PRNewsWire

COMSovereign Issues CEO Update Letter

DALLAS , Nov. 9, 2022 /PRNewswire/ -- COMSovereign Holding Corp. (NASDAQ: COMS) ("COMSovereign" or the "Company"), a U.S.-based developer of 4G LTE Advanced and 5G Communication Systems and Solutions ...

7 months ago - PRNewsWire

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

DALLAS , Oct. 12, 2022 /PRNewswire/ -- COMSovereign Holding Corp. (NASDAQ: COMS and COMSP) ("COMSovereign" or the "Company"), a U.S.-based developer of 4G LTE Advanced and 5G communication systems and...

8 months ago - PRNewsWire

COMSovereign to Begin the Sale of Fastback Radios to Tier One Wireless Network Operators and Communications Service Providers in Mexico

- Milestone Builds on Fastback's Success in Serving the Needs of Tier One Network Operators and Supporting Major North America Events Including the Super Bowl, U.S. Open and College Sports - DALLAS , ...

8 months ago - PRNewsWire