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Comtech Telecommunications Corp (CMTL.O)

CMTL.O on Nasdaq

14.43USD
26 May 2017
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Latest Key Developments (Source: Significant Developments)

Comtech Telecommunications Q4 GAAP earnings per share $0.14
Thursday, 6 Oct 2016 05:30pm EDT 

Comtech Telecommunications Corp : Comtech Telecommunications Corp. announces results for fiscal 2016 fourth quarter and full year and provides fiscal 2017 guidance . Q4 sales $152.4 million versus I/B/E/S view $165.3 million . Comtech Telecommunications Corp says GAAP diluted EPS goal of approximately $0.30 for 2017 . Comtech Telecommunications Corp says backlog as of July 31, 2016 was $484.0 million . Bookings of approximately $202.8 million during Q4 of fiscal 2016 . Q4 GAAP earnings per share $0.14 . Q4 earnings per share view $-0.17 -- Thomson Reuters I/B/E/S . Comtech Telecommunications Corp says revenue goal of approximately $600.0 million for 2017 . Expects to report an operating loss in Q1 of fiscal 2017 with each of subsequent fiscal 2017 quarters being profitable .Fiscal 2017 targets reflect costs associated with Sept 2016 leadership changes, as well as expected legal expenses.  Full Article

Comtech:Fred Kornberg returns to CEO role
Thursday, 29 Sep 2016 04:01pm EDT 

Comtech Telecommunications Corp : Comtech Telecommunications Corp. announces Fred Kornberg's return to ceo role, names new coo hire and other management changes . Current ceo, president, Stanton Sloane, is departing company and also resigning from Comtech's board of directors .Michael Galletti has been appointed to newly created role of chief operating officer.  Full Article

Comtech Telecommunications to offer up to $100 mln of shares - filing
Monday, 13 Jun 2016 06:39am EDT 

Comtech Telecommunications Corp :Files for common stock offering of up to $100.0 million of shares - sec filing.  Full Article

Comtech Telecommunications posts q3 loss per share $0.89
Wednesday, 8 Jun 2016 05:16pm EDT 

Comtech Telecommunications Corp : Comtech Telecommunications Corp announces results for the third quarter of fiscal 2016 and provides updated financial guidance . Q3 GAAP loss per share $0.89 . Q3 sales $124.2 million versus $71.6 million . Sees FY 2016 revenue $425 million to $435 million . Expects GAAP diluted EPS for fiscal 2016 will range from a loss of $0.90 to a loss of $0.81 . Targeting fiscal 2017 adjusted EBITDA to range from $70.0 million to $80.0 million . Backlog as of April 30, 2016 was $433.6 million compared to $92.6 million as of January 31, 2016 . Total bookings for three months ended April 30, 2016 $139.2 million compared to $72.2 million for three months ended April 30, 2015 .Says company is on track to deliver an annual run-rate of cost synergies of at least $8.0 million in FY.  Full Article

Comtech Telecommunications Corp awarded $20.0 million in orders to support the U.S. army's blue force tracking program
Monday, 25 Apr 2016 10:00am EDT 

Comtech Telecommunications Corp:Awarded $20.0 million in orders to support the U.S. army's blue force tracking program.  Full Article

Comtech Awarded Multi-Million Dollar Contracts to Enhance the Connected Car and E-Commerce Customer Experiences
Wednesday, 30 Mar 2016 10:00am EDT 

Comtech Telecommunications Corp:signed multi-million dollar contracts to provide location, navigation and messaging capability to enhance the connected car experience for two Fortune 100 customers.  Full Article

Comtech Telecommunications Corp. Awarded Multiple Orders Totaling Approximately $2.2 Million for Communications Jamming High-Power Amplifier Systems
Tuesday, 29 Mar 2016 10:15am EDT 

Comtech Telecommunications Corp:Says that during Q2 2016, its New York-based subsidiary, Comtech PST Corp., received multiple orders totaling about $2.2 mln for broadband, solid-state, high-power RF microwave amplifier systems from an international OEM.  Full Article

Comtech Awarded Multi-Million Dollar Contract for Mobile Navigation and Mapping Platform with Fortune 100 Company
Tuesday, 29 Mar 2016 10:00am EDT 

Comtech Telecommunications Corp:Says that its recently acquired subsidiary, TeleCommunication Systems, Inc., has completed a multi-million dollar contract, to supply its navigation and geocoding platform to a Fortune 100 company.  Full Article

Comtech Telecommunications Corp declares $0.30 per share quarterly cash dividend
Thursday, 10 Mar 2016 04:14pm EST 

Comtech Telecommunications Corp:Board of Directors declared a quarterly cash dividend of $0.30 per share, payable on May 20 to shareholders of record date as on April 20.  Full Article

Comtech Telecommunications Corp's Florida-based subsidiary secures contracts
Tuesday, 19 Jan 2016 10:00am EST 

Comtech Telecommunications Corp:Says its Orlando, Florida-based subsidiary, Comtech Systems, Inc., has been awarded contracts valued at $11.8 million for spare parts and system upgrades.Says this includes two orders totaling $11.3 million from its North African customer to provide spare parts and training in support of their troposcatter network previously delivered by Comtech.  Full Article

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