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Comtech Telecommunications Corp (CMTL.OQ)

CMTL.OQ on NASDAQ Stock Exchange Global Select Market

20.87USD
12 Dec 2017
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Latest Key Developments (Source: Significant Developments)

Comtech Telecommunications Q1 GAAP Loss Per Share $0.07
Wednesday, 6 Dec 2017 04:22pm EST 

Dec 6 (Reuters) - Comtech Telecommunications Corp ::ANNOUNCES RESULTS FOR FISCAL 2018 FIRST QUARTER AND UPDATES ITS FISCAL 2018 GUIDANCE.Q1 GAAP LOSS PER SHARE $0.07.Q1 SALES $121.6 MILLION VERSUS I/B/E/S VIEW $106.9 MILLION.Q1 EARNINGS PER SHARE VIEW $-0.29 -- THOMSON REUTERS I/B/E/S.SEES FY 2018 REVENUE ABOUT $550 MILLION TO $575 MILLION.QTRLY BOOKINGS WERE $165.7 MILLION.AS OF OCTOBER 31, 2017, COMPANY HAD BACKLOG OF $490.4 MILLION.COMTECH TELECOMMUNICATIONS - NET SALES FOR Q2 OF FISCAL 2018 EXPECTED TO BE LOWER THAN ITS Q2 OF FISCAL 2017.INCREASING ITS GAAP DILUTED EPS 2018 GOAL TO A NEW RANGE OF $0.44 TO $0.46.EXPECTS TO REPORT AN OPERATING LOSS AND NET LOSS IN Q2 OF FISCAL 2018.EXPECTS EACH OF THIRD AND FOURTH QUARTERS OF FISCAL 2018 ACHIEVING OPERATING INCOME AND NET INCOME.CO'S Q4 OF FISCAL 2018 IS EXPECTED TO BE PEAK QUARTER - BY FAR - FOR CONSOLIDATED NET SALES, GAAP OPERATING INCOME.COMTECH TELECOMMUNICATIONS - 2018 FISCAL YEAR FINANCIAL TARGETS DO NOT INCLUDE $6.7 MILLION OF BFT-1 INTELLECTUAL PROPERTY LICENSE FEES CO EARNED IN FISCAL 2017.  Full Article

Comtech Telecommunications Receives $1.9 Million To Support U.S. Navy's Interface Processor Terminals
Wednesday, 6 Dec 2017 10:00am EST 

Dec 6 (Reuters) - Comtech Telecommunications Corp ::COMTECH TELECOMMUNICATIONS - RECEIVES $1.9 MILLION IN FUNDING TO SUPPORT U.S. NAVY'S ADVANCED TIME DIVISION MULTIPLE ACCESS INTERFACE PROCESSOR TERMINALS.  Full Article

Comtech Telecommunications awarded $73.8 mln contract
Monday, 13 Nov 2017 10:32am EST 

Nov 13 (Reuters) - Comtech Telecommunications Corp ::Comtech Telecommunications Corp awarded $73.8 million multi-year contract for wireless enhanced 9-1-1 solutions.  Full Article

COMTECH TELECOMMUNICATIONS AWARDED $7.7 MILLION MILITARY AIRBORNE TWTA CONTRACT
Monday, 6 Nov 2017 01:00pm EST 

Nov 6 (Reuters) - Comtech Telecommunications Corp ::COMTECH TELECOMMUNICATIONS CORP. AWARDED $7.7 MILLION MILITARY AIRBORNE TWTA CONTRACT.COMTECH - IN Q1 FISCAL 2018,UNIT RECEIVED PRODUCTION CONTRACT FROM U.S. MILITARY INTEGRATOR TO SUPPLY HIGH-POWER TRAVELING WAVE TUBE AMPLIFIERS​.  Full Article

Comtech awarded $7.5 mln order from U.S. Army to provide Troposcatter equipment
Tuesday, 24 Oct 2017 10:00am EDT 

Oct 24 (Reuters) - Comtech Telecommunications Corp :Comtech awarded $7.5 million order from U.S. Army to provide troposcatter equipment.Comtech Telecommunications - ‍during Q1 2018, its government solutions segment's Command And Control Technologies Group received order for $7.5 million​.  Full Article

COMTECH'S UNIT RECEIVES $1.8 MLN ORDER FOR SERVICES RELATED TO EMERGENCY SERVICES​
Friday, 13 Oct 2017 10:00am EDT 

Oct 13 (Reuters) - Comtech Telecommunications Corp :COMTECH TELECOMMUNICATIONS - DURING Q1, UNIT RECEIVED $1.8 MILLION FUNDED ORDER FOR MOBILE POSITIONING SERVICES RELATED TO 9-1-1 EMERGENCY SERVICES​.  Full Article

COMTECH TELECOMMUNICATIONS ANNOUNCES CONTRACT RENEWAL OF ABOUT $8.4 MLN
Thursday, 12 Oct 2017 01:00pm EDT 

Oct 12 (Reuters) - Comtech Telecommunications Corp ::COMTECH TELECOMMUNICATIONS CORP. ANNOUNCES CONTRACT RENEWAL OF APPROXIMATELY $8.4 MILLION WITH A FORTUNE 100 CUSTOMER.‍DURING Q1, UNIT RECEIVED A CONTRACT RENEWAL FOR A GPS-ENABLED APPLICATION​.  Full Article

Comtech Telecommunications Q4 earnings per share $0.31
Wednesday, 27 Sep 2017 04:16pm EDT 

Sept 27 (Reuters) - Comtech Telecommunications Corp :Comtech Telecommunications Corp announces results for fiscal 2017 fourth quarter and full year and provides fiscal 2018 guidance.Q4 GAAP earnings per share $0.31.Q4 sales $147.8 million versus I/B/E/S view $150.6 million.Q4 earnings per share view $0.29 -- Thomson Reuters I/B/E/S.Sees FY 2018 GAAP earnings per share about $0.41 to $0.44.Sees FY 2018 revenue about $550 million to $575 million.Comtech Telecommunications Corp - ‍net sales and adjusted ebitda for its q1 and q2 2018 are expected to be lower​.Comtech Telecommunications Corp - ‍company's Q4 of fiscal 2018 is expected to be peak quarter for both net sales and adjusted EBITDA​.  Full Article

COMTECH AWARDED $8.6 MILLION CONTRACT MODIFICATION FROM U.S. ARMY
Monday, 28 Aug 2017 10:00am EDT 

Aug 28 (Reuters) - Comtech Telecommunications Corp :COMTECH AWARDED $8.6 MILLION CONTRACT MODIFICATION FROM U.S. ARMY.MODIFICATION INCREASES TOTAL AMOUNT FUNDED ON THIS DELIVERY ORDER FROM $82.1 MILLION TO $90.7 MILLION.MODIFICATION EXTENDS PERIOD OF PERFORMANCE THROUGH JULY 2018.  Full Article

Comtech Telecommunications says its Enterprise Technologies group received a $3.7 million order
Monday, 7 Aug 2017 10:00am EDT 

Aug 7 (Reuters) - Comtech Telecommunications Corp ::During Q4 of FY 2017, its Enterprise Technologies group received $3.7 million order from a U.S. mobile network operator.  Full Article

BRIEF-Comtech Telecommunications Q1 GAAP Loss Per Share $0.07

* ANNOUNCES RESULTS FOR FISCAL 2018 FIRST QUARTER AND UPDATES ITS FISCAL 2018 GUIDANCE