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Comtech Telecommunications Corp (CMTL.OQ)

CMTL.OQ on NASDAQ Stock Exchange Global Select Market

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16 Jan 2019
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Latest Key Developments (Source: Significant Developments)

Comtech Telecommunications gets $3.6 mln renewal from Fortune 500 co
Monday, 17 Dec 2018 

Dec 17 (Reuters) - Comtech Telecommunications Corp ::COMTECH TELECOMMUNICATIONS CORP. RECEIVES $3.6 MILLION RENEWAL FROM FORTUNE 500 COMPANY FOR ADVANCED LOCATION PLATFORM.COMTECH TELECOMMUNICATIONS - DURING Q2 2019, ENTERPRISE TECHNOLOGIES GROUP RECEIVED 2 YEAR RENEWAL AGREEMENT WORTH $3.6 MILLION FROM A FORTUNE 500 COMPANY.  Full Article

Comtech Telecommunications Corp announces results for fiscal 2019 first quarter
Thursday, 6 Dec 2018 

Dec 6 (Reuters) - Comtech Telecommunications Corp ::. ANNOUNCES RESULTS FOR FISCAL 2019 FIRST QUARTER AND UPDATES ITS FISCAL 2019 GUIDANCE.Q1 EARNINGS PER SHARE $0.22.Q1 SALES $160.8 MILLION VERSUS REFINITIV IBES ESTIMATE OF $129.3 MILLION.Q1 EARNINGS PER SHARE ESTIMATE $-0.06 -- REFINITIV IBES DATA.BOOKINGS DURING Q1 OF FISCAL 2019 WERE $157.4 MILLION.SEES FISCAL 2019 CONSOLIDATED NET SALES GOAL TO A RANGE OF APPROXIMATELY $625.0 MILLION TO $640.0 MILLION.BACKLOG AS OF OCTOBER 31, 2018 WAS $627.3 MILLION.SEES UPDATED GAAP NET INCOME PER DILUTED SHARE TARGET FOR FISCAL 2019 NOW $0.95 TO $1.08.QTRLY ADJUSTED EARNINGS PER SHARE $0.22.  Full Article

Comtech Telecommunications Receives Contract Awards Totaling $4.2 Mln
Tuesday, 4 Dec 2018 

Dec 4 (Reuters) - Comtech Telecommunications Corp ::COMTECH TELECOMMUNICATIONS CORP. RECEIVES CONTRACT AWARDS TOTALING $4.2 MILLION FOR HIGH-POWER AMPLIFIERS FOR SATELLITE COMMUNICATION SYSTEM APPLICATIONS.COMTECH TELECOMMUNICATIONS CORP - DURING ITS Q1 OF FISCAL 2019, COMTECH PST CORP RECEIVED CONTRACTS TOTALING $4.2 MILLION.  Full Article

Comtech Awarded $5.9 Million Additional Funding From U.S. Army
Monday, 3 Dec 2018 

Dec 3 (Reuters) - Comtech Telecommunications Corp ::COMTECH AWARDED $5.9 MILLION ADDITIONAL FUNDING FROM U.S. ARMY.COMTECH -IN Q1, GOT MORE FUNDING OF $5.9 MILLION TO PROVIDE SATELLITE COMMUNICATIONS, BASEBAND EQUIPMENT FOR U.S. MARINE CORPS & U.S. ARMY ELEMENTS.  Full Article

Comtech Secures Multi-Million Dollar Deal To Enable Critical Location Based Services For New Zealand Emergency Caller Services
Monday, 3 Dec 2018 

Dec 3 (Reuters) - Comtech Telecommunications Corp ::COMTECH SECURES A MULTI-MILLION DOLLAR DEAL TO ENABLE CRITICAL LOCATION BASED SERVICES FOR NEW ZEALAND EMERGENCY CALLER SERVICES.  Full Article

Comtech Telecommunications Corp announces senior secured loan facility of up to $550.0 mln
Monday, 5 Nov 2018 

Nov 5 (Reuters) - Comtech Telecommunications Corp ::COMTECH TELECOMMUNICATIONS CORP - ON OCT 31, ENTERED INTO FIRST AMENDED, RESTATED CREDIT AGREEMENT REPLACING PRIOR AGREEMENT, DATED AS OF FE 23, 2016.COMTECH TELECOMMUNICATIONS CORP - CREDIT FACILITY PROVIDES A SENIOR SECURED LOAN FACILITY OF UP TO $550.0 MILLION - SEC FILING.  Full Article

Comtech Awarded In Excess Of $19.7 Mln Funding From U.S. Army
Wednesday, 3 Oct 2018 

Oct 3 (Reuters) - Comtech Telecommunications Corp ::COMTECH AWARDED IN EXCESS OF $19.7 MILLION FUNDING FROM U.S. ARMY.COMTECH TELECOMMUNICATIONS CORP - DURING Q1 , CO'S COMMAND & CONTROL TECHNOLOGIES GROUP, RECEIVED FUNDING IN EXCESS OF $19.7 MILLION.  Full Article

Comtech Telecommunications Corp Q4 GAAP Earnings Per Share $0.31
Wednesday, 26 Sep 2018 

Sept 26 (Reuters) - Comtech Telecommunications Corp ::. ANNOUNCES RESULTS FOR FISCAL 2018 FOURTH QUARTER AND FULL YEAR AND PROVIDES FISCAL 2019 GUIDANCE.Q4 GAAP EARNINGS PER SHARE $0.31.Q4 SALES $167.4 MILLION VERSUS I/B/E/S VIEW $174.7 MILLION.Q4 EARNINGS PER SHARE VIEW $0.26 -- THOMSON REUTERS I/B/E/S.SEES FY 2019 GAAP EARNINGS PER SHARE ABOUT $0.89 TO $1.10.SEES FY 2019 SALES ABOUT $600 MILLION TO $625 MILLION.Q4 GAAP EARNINGS PER SHARE $0.40 EXCLUDING ITEMS.COMTECH TELECOMMUNICATIONS - BOOKINGS DURING Q4 OF FISCAL 2018 WERE $214.4 MILLION, WITH A COMPANY-WIDE BOOK-TO-BILL RATIO OF 1.28.BACKLOG AS OF JULY 31, 2018 REFLECTS A RECORD HIGH OF $630.7 MILLION.FINANCIAL PERFORMANCE IN SECOND HALF OF FISCAL 2019 IS EXPECTED TO BE HIGHER THAN FIRST HALF OF FISCAL 2019.Q4 OF FISCAL 2019 IS EXPECTED TO BE PEAK QUARTER FOR CONSOLIDATED NET SALES, OPERATING INCOME AND ADJUSTED EBITDA.  Full Article

Comtech Telecommunications Corp Promotes Michael Porcelain To COO And Michael Bondi To CFO
Wednesday, 26 Sep 2018 

Sept 26 (Reuters) - Comtech Telecommunications Corp ::COMTECH TELECOMMUNICATIONS CORP. PROMOTES MICHAEL PORCELAIN TO CHIEF OPERATING OFFICER AND MICHAEL BONDI TO CHIEF FINANCIAL OFFICER.COMTECH TELECOMMUNICATIONS - PORCELAIN WILL BE SUCCEEDED IN HIS ROLE BY MICHAEL BONDI.COMTECH TELECOMMUNICATIONS CORP - PROMOTIONS ARE EFFECTIVE OCTOBER 1, 2018.  Full Article

Comtech Renews Messaging Service Contracts Worth $19.5 Mln For Global Telecom Organization
Tuesday, 14 Aug 2018 

Aug 14 (Reuters) - Comtech Telecommunications Corp ::COMTECH RENEWS MESSAGING SERVICE CONTRACTS WORTH $19.5 MILLION FOR GLOBAL TELECOM ORGANIZATION.COMTECH TELECOMMUNICATIONS CORP - RENEWALS WERE SECURED THROUGH A GLOBAL TELECOM PARTNER.  Full Article