Key Developments: Comtech Telecommunications Corp (CMTL.OQ)

CMTL.OQ on NASDAQ Stock Exchange Global Select Market

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19 Dec 2014
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Latest Key Developments (Source: Significant Developments)

Comtech Telecommunications Corp awarded $1.1 mln contract for high-power amplifiers for Direct-to-Home Television Services
Thursday, 18 Dec 2014 10:00am EST 

Comtech Telecommunications Corp:Says its Santa Clara, California-based subsidiary, Comtech Xicom Technology, Inc., has been awarded a contract for $1.1 mln from a major system integrator to supply outdoor mounted, high-power amplifiers (HPAs).HPAs will be used in Latin America at a new earth station being built to provide direct-to-home television services.Comtech Xicom HPAs were selected due to their high output power and overall efficiency, offering high performance at a lower operating cost than other approaches.  Full Article

Comtech Telecommunications Corp. declares quarterly cash dividend
Wednesday, 10 Dec 2014 04:13pm EST 

Comtech Telecommunications Corp:Declares quarterly cash dividend of $0.30 per share.Payable on Feb. 18, 2015, to shareholders of record on Jan. 16, 2015.  Full Article

Comtech Telecommunications Corp lowers high end of prior FY 2015 revenue guidance to a range in line with analysts' estimates; reaffirms FY 2015 EPS and EBITDA guidance
Wednesday, 10 Dec 2014 04:12pm EST 

Comtech Telecommunications Corp:Tightens FY 2015 revenue guidance which is expected to range from $355.0 million to $365.0 million.Maintains FY 2015 GAAP diluted earnings per share guidance range of $1.70 to $1.86.Maintains FY 2015 adjusted EBITDA guidance which is expected to range from $63.0 million to $67.0 million.FY 2015 revenue of $360 million and EPS of $1.79 - Thomson Reuters I/B/E/S.  Full Article

Comtech Telecommunications Corp. completes review of strategic alternatives
Tuesday, 9 Dec 2014 04:30pm EST 

Comtech Telecommunications Corp:Says board has completed a review of strategic alternatives today with the assistance of its financial advisor, Citibank, its legal counsel, Proskauer Rose, and its special counsel, Morris, Nichols, Arsht & Tunnell.After considering various strategic alternatives to enhance shareholder value, including a possible merger or sale of company, the Board has determined that the interests of the Company and its shareholders will be best served by the Company remaining independent.  Full Article

Comtech Telecommunications Corp's Comtech EF Data Corp receives $3.5 mln order for SATCOM Infrastructure Equipment for Deployment in Government Network
Monday, 8 Dec 2014 01:00pm EST 

Comtech Telecommunications Corp:Announced that its Tempe, Arizona-based subsidiary, Comtech EF Data Corp., received a $3.5 million order, in Oct. 2014, for satellite communications infrastructure equipment.  Full Article

Comtech Telecommunications Corp. receives $7.4 million in additional orders
Monday, 8 Dec 2014 10:12am EST 

Comtech Telecommunications Corp:Receives $7.4 mln in contract add-ons for a Satellite System Project for end-use by the Brazilian Military.These orders, the substantial majority of which were received in Nov. 2014, consist of additional satellite terminal designs and the supply of equipment and services to implement the project.  Full Article

Comtech Telecommunications Corp's subsidiary receives $5.0 million in additional orders relating to its North African end-customer contracts
Thursday, 4 Dec 2014 01:00pm EST 

Comtech Telecommunications Corp:Says that its Orlando, Florida-based subsidiary, Comtech Systems, Inc., has received $5.0 mln in contract modifications, almost all of which were received in Nov. 2014.Says from domestic prime contractor for equipment enhancements, additional services and spares related to its North African country end-customer contracts.  Full Article

Comtech Telecommunications Corp's Comtech EF Data Corp awarded $3.5 mln order for SATCOM ground equipment to support mobile network upgrade & expansion in Asia
Monday, 24 Nov 2014 10:00am EST 

Comtech Telecommunications Corp:Says that Tempe, Arizona-based subsidiary, Comtech EF Data Corp., received $3.5 mln order for satellite communications ground equipment in Oct. 2014.The equipment will be used by one of mobile network operators (MNOs) in Eastern Asia to upgrade and significantly expand infrastructure, which has grown to over one thousand locations over past ten years leveraging Comtech EF Data products exclusively.  Full Article

Comtech Telecommunications receives $1.1 mln order for High-Power Solid-State RF Switches to support U.S. Military
Wednesday, 5 Nov 2014 10:15am EST 

Comtech Telecommunications Corp:Says its New York-based subsidiary, Comtech PST Corp., received a $1.1 mln order for solid-state, high-power RF switches from a domestic prime contractor.These switches provide for very broad frequency coverage and are key components in an integrated electronic countermeasures system used by the U.S. Military.  Full Article

Comtech Telecommunications Corp receives order for Communications Jamming High-Power Amplifier Systems
Monday, 3 Nov 2014 10:00am EST 

Comtech Telecommunications Corp:Says its New York-based subsidiary, Comtech PST Corp., received a $1.0 mln order for broadband, solid-state, high-power RF microwave amplifier systems from an international OEM.Amplifier systems, which include the latest broadband solid-state switching and transistor technology, provide for very broad frequency coverage and will be utilized as part of communications jamming systems.  Full Article

Deals of the day- Mergers and acquisitions

Aug 25 - The following bids, mergers, acquisitions and disposals were reported by 2145 GMT on Monday:

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