Month: July 2021

Orion Group Holdings (ORN) – Heavy Spring Showers But Positive Outlook Intact

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Friday, July 23, 2021

Orion Group Holdings (ORN)
Heavy Spring Showers But Positive Outlook Intact

Orion Group Holdings, based in Houston, Texas, is a specialty construction company within the Marine and Industrial Construction sectors, with operations focused in the continental United States and Caribbean. Revenue is split roughly 50/50 between a Marine Construction segment that provides marine facility, pipeline and structural construction services and a Commercial Concrete segment that provides turnkey concrete services in the light commercial and structural construction markets.

Poe Fratt, Senior Research Analyst, Noble Capital Markets, Inc.

Refer to the full report for the price target, fundamental analysis, and rating.

    Adjusting EBITDA estimate ahead of earnings call due to heavy spring rainfall in Texas. Rainfall, especially in May, was heavy in Houston and Dallas, and our 2021 EBITDA estimate drops by $1.0 million to $9.5 million with gross margin of 11.0% and EBITDA margin of 6.7%. Outlook remains constructive, with new awards of $53 million announced in 2Q2021 ($38 million in Marine and $17 million in Concrete). Potential backlog likely to remain high since 1Q2021 bids outstanding were close to $1.9 billion (~75% in Concrete).

    Quarterly numbers and call late next week.  2Q2021 results will be out AMC on July 28th and management will host a 10:00 am EST call on July 29th. The call number is 201-493-6739 and the code is Orion Group. Our 2Q2021 EBITDA estimate is $46.0 million with gross margin of 11.0% and EBITDA margin of 5.8%. On the call, we will look for details on: 1) Impact of weather in 2Q2021 and any lingering …



This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).

*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary.  Proper due diligence is required before making any investment decision. 

QuickChek – July 23, 2021

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Comtech Telecommunications Corp. Receives Award from Frost & Sullivan as Growth Leader in Next Generation 911 Technologies and Services

Comtech Telecommunications announced that Frost & Sullivan has recognized Comtech for registering the most significant year-over-year market share increase among all NG911 primary contract holders

Research, News & Market Data on Comtech

Watch recent presentation from Comtech



Kratos to Present at the Jefferies Virtual Industrials Conference

Kratos Defense & Security Solutions announced that its President & CEO, Eric DeMarco, and its Executive VP & CFO, Deanna Lund, will present at the Jefferies Virtual Industrials Conference on August 4th at 3pm Eastern

Research, News & Market Data on Kratos

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Kratos to Present at the Jefferies Virtual Industrials Conference

Posted on by Admin


Kratos to Present at the Jefferies Virtual Industrials Conference

 

SAN DIEGO, Calif., 
July 23, 2021 (GLOBE NEWSWIRE) — 
Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS), a leading National Security Solutions provider, today announced that its President & CEO,  Eric DeMarco, and its Executive VP & CFO,  Deanna Lund, will present at the 
Jefferies Virtual Industrials Conference on 
August 4th at 
3pm Eastern.

A live webcast of Kratos’ presentation will be available on the Company’s website at https://ir.kratosdefense.com/events-presentations. The webcast will be archived on the Company’s website for 90 days following the event.

About Kratos Defense & Security Solutions

Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) develops and fields transformative, affordable technology, platforms and systems for United States National Security related customers, allies and commercial enterprises. Kratos is changing the way breakthrough technology for these industries are rapidly brought to market through proven commercial and venture capital backed approaches, including proactive research and streamlined development processes. At Kratos, affordability is a technology, and we specialize in unmanned systems, satellite communications, cyber security/warfare, microwave electronics, missile defense, hypersonic systems, training, combat systems and next generation turbo jet and turbo fan engine development. For more information go to www.KratosDefense.com.

Press Contact:
Yolanda White
858-812-7302 Direct

Investor Information:
877-934-4687
investor@kratosdefense.com

Source: Kratos Defense & Security Solutions, Inc.

Cannabis Sales Growth Put in Perspective

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	Image Credit: Beverly Yuen Thompson (Flickr)


Marijuana Sales Growth Breaking Records While Barely Scratching the Surface

 

While non-CBD cannabis products are legal in only 74% of the United States, sales revenue exceeds that of many products that trade freely. For example, the U.S. market for athletic shoes is $14 billion annually. By comparison, during the first half of 2021, cannabis sales were $12 billion. The current cannabis growth trajectory suggests sales will become more than double the entire athletic footwear market this year. Milk, which can be found in most households, restaurants, and coffee shops, had sales in 2020 of only $12.6 billion. The businesses that make up legal cannabis are all thought to be in their infancy; what do current numbers tell us about the future?

The Numbers

Cannabis sales were approximately $18 billion in 2020. The six-month trend, plus growth from new state roll-outs, place the industry on pace to reach $25 billion to as much as $30 billion in sales by the end of 2021. At worst, this is a $7 billion increase on 2020’s $18 billion, or 38.9%. This potential is not found in other consumables or industries. Looking at figures from a year earlier, during the 2020 Covid driven events, sales revenue increased by 60% over the prior year.  According to information published by Whitney Economics and Leafly, that level of growth would continue the marijuana industry’s position as the country’s fastest-growing business.

 

Whitney Economics and Leafly cannabis industry growth and projected growth

 

Mid-Year Cannabis Industry Numbers

During the first half of 2021, revenues were near $12.5 billion (medical and adult-use combined). This indicates an acceleration as the first-quarter revenues were less than half that amount at about $5.8 billion.

These newer legal states that have more recently put a framework in place (distribution, admin, recordkeeping, etc.) are hovering around $1.2 billion in sales each.

Massachusetts, where legal cannabis sales are on pace to reach $1.2 billion in 2021 would attain roughly a 70% gain over 2020. Massachusetts state’s stores opened in Nov. 2018.

Michigan was experiencing monthly sales of approximately $100 million earlier in the year. Sales in March and April increased by 50% putting them at the $150 million pace. The trend suggests, Michigan’s 2021 sales could be $1.6 billion. This would be a 65% increase over 2020 sales.

Illinois leaves us with the same projection of $1.2 billion in annual sales for all of 2021. This would be a 20% increase – weak by cannabis standards, coveted in most industries.  Slower growth may be a result of delayed implementation because of political battles over licensing and equity.

 

 

Take-Away

The fastest-growing industry (sales) in the U.S. over the past few years is cannabis – and the growth streak is expected to continue. Its also accelerating and has the potential to expand for years to come. While this should keep investor attention, individual company success are derived by more than just an industry’s expansion. Even the incredible tech revolution of the 90s had businesses in the right place, at the right time, fail because of competition, management errors, lack of capital, etc.

Channelchek is a resource for investors interested in growing companies and growing or mature industries to find solid, unbiased research. Sorting through the myriad of opportunities within an industry, can benefit from taking in research, data, and video conversations with management on Channelchek.

 

Suggested Reading:



The Future of Cannabis Crosses Many Industries

Psychedelic’s Laws and Investment May Follow Cannabis’ Success





Cannabis Fundamentals, Not Hype is Important to Investors

About the New Cannabis Administration and Opportunity Act

 

Sources:

https://www.businessinsider.com/legal-marijuana-states-2018-1

https://whitneyeconomics.com/

https://www.leafly.com/news/industry/cannabis-jobs-report

https://www.leafly.com/news/industry/americans-on-pace-to-spend-twice-as-much-on-weed-as-on-milk

 

Stay up to date. Follow us:

 

Criteria for Esports Olympic Play

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Do the Olympics Need Esports or Do Esports Need the Olympics?

 

Prior to the Olympic traditional games in Tokyo, they held The Olympics Virtual Series. This pre-game competition before the main events had participants pitted against each other in events that had similar looks to traditional Olympic events. This included sailing (Virtual Regatta Inshore), Cycling
(Zwift), and intentionally excluded any games that involved killing opponents. This debuted the Esports Series and marked the first time video games have been part of this every four year summer event. Does this mean sports that fall under esports will be included in the Olympics in the future, does it mean they are now formally considered sports, will there also be winter esports?

These are questions that can be polarizing. After all, they defy us to define what “sport” is. It also causes many to wrestle with embracing the past or embracing change. People on all sides of the debate also need to understand the established guidelines to be invited into the Olympics?

Basic
Olympic Criteria

The first criterion for any sport to be considered is they need to have an international federation that is accepted by the International Olympic Committee (IOC). Esports has been represented by an appropriate federation for more than 10 years. The International eSports Federation administers esports competitions allowing ranking and other data for Olympic evaluation. So esports is not disqualified on that measure. 

Another necessary criterion is that a sport must have one of the following:  Men (males) competing in 75 different countries across four continents and/or women practicing in 40 countries on three continents. This hurdle has been cleared for years in esports with men/women in 150 countries on six continents participating.

The last must-have to be an Olympic hopeful activity is it must be recognized
as a sport. Identifying it as a sport can get tricky. It’s okay if players identify as athletes, and the games identify as sports, but do they meet the standard definition?  A sport is defined as a physical activity that requires skills or physical prowess and is often of a competitive nature.

Skill and competitiveness are attributes that can not be denied in the esports arena. The physicality is where the debate begins.

Here are two conflicting “expert” opinions:

A study from the International Journal of Excercise Science shows that esports players do experience increased heart rates similar to people playing physical sports.

A study from ScienceDirect opposes the sport view, concluding that while players do exert themselves while playing games, it is not enough to qualify as a sport.

Ultimately, the IOC would be left to decide whether or not esports could legitimately share the stage with events like curling, live pigeon shooting, or older Olympic events such as hot air ballooning and duelling pistols.

It probably just comes down to making a call on it. The decision, as with most when the financial stakes are high, may rely on criteria not listed.

Who Needs the Other Most?

While debates about what is a legitimate sport, worthy of the Olympic brand sanction, rage. Outside of amateur sports, the games have experienced major financial success. According to a report from Reuters, the esports industry is expected to exceed one billion dollars in revenue in 2021. This would be a 14% increase from last year.

The viewership of esports alone may cause the IOC to heavily consider adding it to the roster of sports. During the 2016 Olympics, NBC had about 27 million viewers watching the games. That same year the 2016 League of Legends World Championships had around 43 million viewers. That was before they became popular.

Suggested Reading:



What Investors Should Consider Before Investing in the Esports Industry



Ten Esports Predictions Worth Looking Into





Investors are Now Better Able to Evaluate Esports and iGaming Performance



Esports: Show me the Money!

 

Sources:

https://www.sciencedirect.com/science/article/abs/pii/S1441352317300700

https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7523899/

https://www.reuters.com/article/esports-business-esports-growth/newzoo-esports-industry-revenue-expected-to-surpass-1b-in-2021-idUSFLM4K2cJ7

https://olympics.com/ioc/faq/sports-programme-and-results/how-can-a-sport-be-included-in-the-olympic-games-programme

 

Stay up to date. Follow us:

 

Digerati Technologies Achieves ‘Built for NetSuite’ Status

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Digerati Technologies Achieves ‘Built for NetSuite’ Status

 

New SuiteApp for CRM and Unified Communications collaboration meets OracleNetSuite SuiteCloud Platform development standards and best practices

SAN ANTONIO, TX (GlobeNewswire) – July 13, 2021– Digerati Technologies, Inc. (OTCQB: DTGI) (“Digerati”  or the “Company”), a provider of cloud services specializing in UCaaS (Unified Communications as a Service)  solutions for the small to medium-sized business market, today announced that its operating subsidiary T3  Communications, Inc. (“T3”) has achieved the ‘Built for NetSuite’ status. The SuiteApp, built using Oracle  NetSuite’s SuiteCloud Platform helps organizations to seamlessly pass CRM data between users’ cloud  communication system and NetSuite to increase productivity and improve information accuracy.

“We are excited to expand our partnership with NetSuite as we enter a wave of transformation in our sector  driven by demand for integrated cloud native applications,” said Arthur L. Smith, CEO, Digerati. “T3 allows  organizations to operate more efficiently with automated CRM workflows and improve collaboration for sales and  customer support teams. As we continue to expand our product portfolio and footprint in the SMB market,  successful applications like this are expected to fuel our business development efforts.”

Some of the benefits T3 brings to NetSuite users include:

  • Screen pop-ups for quickly identifying leads, contacts, and accounts;
  • Click-to-dial functionality for effortless dialing;
  • Automatic call logging (even when not logged in to NetSuite);
  • Agents can take notes and tag co-workers with ease;
  • Natural language detection for follow-up task creation;
  • Quickly search and link opportunities to call events;
  • Real-time visibility into customer activity within a user-friendly UI;
  • Easy access call recordings for training and QA efforts;
  • Informative call metrics allowing you to make better business decisions.

“T3 leverages the strong capabilities of NetSuite and helps users enhance productivity with convenient and  accessible features for sales and customer support,” said Guido Haarmans, Vice President, SuiteCloud  Developer Network and Partner Programs, Oracle NetSuite. “This new SuiteApp extends our robust solution for  CRM functionality and helps NetSuite customers realize the full value and potential of T3 technology.”

Built for NetSuite is a program for NetSuite SuiteCloud Developer Network (SDN) partners that provides the  information, resources, and methodology required to help partners verify that their applications and integrations  meet NetSuite standards and best practices. The Built for NetSuite program is designed to give NetSuite  customers additional confidence that SuiteApps, like T3, have been built to meet these standards.

For information about Built for NetSuite SuiteApps, please visit www.netsuite.com/BuiltforNetSuite.

For more  information about the integrated solution, please visit www.suiteapp.com

About SuiteCloud 

Oracle NetSuite’s SuiteCloud platform is a comprehensive offering of cloud-based products, development tools  and services designed to help customers and commercial software developers take advantage of the significant  economic benefits of cloud computing. Based on NetSuite, the industry’s leading provider of cloud-based  financials / ERP software suites, SuiteCloud enables customers to run their core business operations in the

cloud, and software developers to target new markets quickly with newly-created mission-critical applications  built to extend the power of NetSuite.

The SuiteCloud Developer Network (SDN) is a comprehensive developer program for independent software  vendors (ISVs) that build apps for SuiteCloud. All available and approved SuiteApps are listed on SuiteApp.com,  a single-source online marketplace where NetSuite customers can find applications to meet specific business  process or industry needs. For more information on SuiteCloud and the SDN program, please visit:

https://www.netsuite.com/portal/developers/overview.shtml

About Digerati Technologies, Inc. 

Digerati Technologies, Inc. (OTCQB: DTGI) is a provider of cloud services specializing in UCaaS (Unified  Communications as a Service) solutions for the business market. Through its operating subsidiaries T3  Communications (T3com.com) and Nexogy (Nexogy.com), the Company is meeting the global needs of  businesses seeking simple, flexible, reliable, and cost-effective communication and network solutions including  cloud PBX, cloud telephony, cloud WAN, cloud call center, cloud mobile, and the delivery of digital oxygen on its  broadband network. Digerati has developed a robust integration platform to fuel mergers and acquisitions in a  highly fragmented market as it delivers business solutions on its carrier-grade network and Only in the Cloud™.

Forward-Looking Statements 

The information in this news release includes certain forward-looking statements that are based upon  assumptions that in the future may prove not to have been accurate and are subject to significant risks and  uncertainties, including statements related to the future benefits of the product/services to users to be offered by  the Company. Although the Company believes that the expectations reflected in the forward-looking statements  are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will  prove to be correct. Factors that could cause results to differ include, but are not limited to, successful acceptance  by the marketplace of its product and service offerings, product/service development, the impact of competitive  services and pricing, general economic conditions, and other risks and uncertainties described in the Company’s  periodic filings with the Securities and Exchange Commission.

Facebook: Digerati Technologies, Inc.

Twitter: @DIGERATI_IR

LinkedIn: Digerati Technologies, Inc.

Investor Contacts 

The Eversull Group
Jack Eversull
jack@theeversullgroup.com
(972) 571-1624

ClearThink
Brian Loper
bloper@clearthink.capital
(347) 413-4234

Trademarks 

Oracle, Java, and MySQL are registered trademarks of Oracle Corporation.

Release – Digerati Technologies Achieves Built for NetSuite Status

Posted on by Admin


Digerati Technologies Achieves ‘Built for NetSuite’ Status

 

New SuiteApp for CRM and Unified Communications collaboration meets OracleNetSuite SuiteCloud Platform development standards and best practices

SAN ANTONIO, TX (GlobeNewswire) – July 13, 2021– Digerati Technologies, Inc. (OTCQB: DTGI) (“Digerati”  or the “Company”), a provider of cloud services specializing in UCaaS (Unified Communications as a Service)  solutions for the small to medium-sized business market, today announced that its operating subsidiary T3  Communications, Inc. (“T3”) has achieved the ‘Built for NetSuite’ status. The SuiteApp, built using Oracle  NetSuite’s SuiteCloud Platform helps organizations to seamlessly pass CRM data between users’ cloud  communication system and NetSuite to increase productivity and improve information accuracy.

“We are excited to expand our partnership with NetSuite as we enter a wave of transformation in our sector  driven by demand for integrated cloud native applications,” said Arthur L. Smith, CEO, Digerati. “T3 allows  organizations to operate more efficiently with automated CRM workflows and improve collaboration for sales and  customer support teams. As we continue to expand our product portfolio and footprint in the SMB market,  successful applications like this are expected to fuel our business development efforts.”

Some of the benefits T3 brings to NetSuite users include:

  • Screen pop-ups for quickly identifying leads, contacts, and accounts;
  • Click-to-dial functionality for effortless dialing;
  • Automatic call logging (even when not logged in to NetSuite);
  • Agents can take notes and tag co-workers with ease;
  • Natural language detection for follow-up task creation;
  • Quickly search and link opportunities to call events;
  • Real-time visibility into customer activity within a user-friendly UI;
  • Easy access call recordings for training and QA efforts;
  • Informative call metrics allowing you to make better business decisions.

“T3 leverages the strong capabilities of NetSuite and helps users enhance productivity with convenient and  accessible features for sales and customer support,” said Guido Haarmans, Vice President, SuiteCloud  Developer Network and Partner Programs, Oracle NetSuite. “This new SuiteApp extends our robust solution for  CRM functionality and helps NetSuite customers realize the full value and potential of T3 technology.”

Built for NetSuite is a program for NetSuite SuiteCloud Developer Network (SDN) partners that provides the  information, resources, and methodology required to help partners verify that their applications and integrations  meet NetSuite standards and best practices. The Built for NetSuite program is designed to give NetSuite  customers additional confidence that SuiteApps, like T3, have been built to meet these standards.

For information about Built for NetSuite SuiteApps, please visit www.netsuite.com/BuiltforNetSuite.

For more  information about the integrated solution, please visit www.suiteapp.com

About SuiteCloud 

Oracle NetSuite’s SuiteCloud platform is a comprehensive offering of cloud-based products, development tools  and services designed to help customers and commercial software developers take advantage of the significant  economic benefits of cloud computing. Based on NetSuite, the industry’s leading provider of cloud-based  financials / ERP software suites, SuiteCloud enables customers to run their core business operations in the

cloud, and software developers to target new markets quickly with newly-created mission-critical applications  built to extend the power of NetSuite.

The SuiteCloud Developer Network (SDN) is a comprehensive developer program for independent software  vendors (ISVs) that build apps for SuiteCloud. All available and approved SuiteApps are listed on SuiteApp.com,  a single-source online marketplace where NetSuite customers can find applications to meet specific business  process or industry needs. For more information on SuiteCloud and the SDN program, please visit:

https://www.netsuite.com/portal/developers/overview.shtml

About Digerati Technologies, Inc. 

Digerati Technologies, Inc. (OTCQB: DTGI) is a provider of cloud services specializing in UCaaS (Unified  Communications as a Service) solutions for the business market. Through its operating subsidiaries T3  Communications (T3com.com) and Nexogy (Nexogy.com), the Company is meeting the global needs of  businesses seeking simple, flexible, reliable, and cost-effective communication and network solutions including  cloud PBX, cloud telephony, cloud WAN, cloud call center, cloud mobile, and the delivery of digital oxygen on its  broadband network. Digerati has developed a robust integration platform to fuel mergers and acquisitions in a  highly fragmented market as it delivers business solutions on its carrier-grade network and Only in the Cloud™.

Forward-Looking Statements 

The information in this news release includes certain forward-looking statements that are based upon  assumptions that in the future may prove not to have been accurate and are subject to significant risks and  uncertainties, including statements related to the future benefits of the product/services to users to be offered by  the Company. Although the Company believes that the expectations reflected in the forward-looking statements  are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will  prove to be correct. Factors that could cause results to differ include, but are not limited to, successful acceptance  by the marketplace of its product and service offerings, product/service development, the impact of competitive  services and pricing, general economic conditions, and other risks and uncertainties described in the Company’s  periodic filings with the Securities and Exchange Commission.

Facebook: Digerati Technologies, Inc.

Twitter: @DIGERATI_IR

LinkedIn: Digerati Technologies, Inc.

Investor Contacts 

The Eversull Group
Jack Eversull
jack@theeversullgroup.com
(972) 571-1624

ClearThink
Brian Loper
bloper@clearthink.capital
(347) 413-4234

Trademarks 

Oracle, Java, and MySQL are registered trademarks of Oracle Corporation.

Release – Kratos to Present at the Jefferies Virtual Industrials Conference

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Kratos to Present at the Jefferies Virtual Industrials Conference

 

SAN DIEGO, Calif., 
July 23, 2021 (GLOBE NEWSWIRE) — 
Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS), a leading National Security Solutions provider, today announced that its President & CEO,  Eric DeMarco, and its Executive VP & CFO,  Deanna Lund, will present at the 
Jefferies Virtual Industrials Conference on 
August 4th at 
3pm Eastern.

A live webcast of Kratos’ presentation will be available on the Company’s website at https://ir.kratosdefense.com/events-presentations. The webcast will be archived on the Company’s website for 90 days following the event.

About Kratos Defense & Security Solutions

Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) develops and fields transformative, affordable technology, platforms and systems for United States National Security related customers, allies and commercial enterprises. Kratos is changing the way breakthrough technology for these industries are rapidly brought to market through proven commercial and venture capital backed approaches, including proactive research and streamlined development processes. At Kratos, affordability is a technology, and we specialize in unmanned systems, satellite communications, cyber security/warfare, microwave electronics, missile defense, hypersonic systems, training, combat systems and next generation turbo jet and turbo fan engine development. For more information go to www.KratosDefense.com.

Press Contact:
Yolanda White
858-812-7302 Direct

Investor Information:
877-934-4687
investor@kratosdefense.com

Source: Kratos Defense & Security Solutions, Inc.

Release – Comtech Telecommunications Corp. Receives Award from Frost Sullivan as Growth Leader in Next Generation 911 Technologies and Services

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Comtech Telecommunications Corp. Receives Award from Frost & Sullivan as Growth Leader in Next Generation 911 Technologies and Services

 

MELVILLE, N.Y.–(BUSINESS WIRE)–Jul. 22, 2021– 
July 22, 2021— 
Comtech Telecommunications Corp. (NASDAQ: CMTL), a world leader in next-generation 911 emergency systems and secure wireless communications technologies, announced today that 
Frost & Sullivan has recognized 
Comtech for registering the most significant year-over-year (“YoY”) market share increase among all NG911 primary contract holders, growing its market share from an estimated 17.3% in 2019 to 26.2% in 2020, as calculated by 
Frost & Sullivan. By closing statewide contracts in 
Ohio, 
Pennsylvania and 
South Carolina, Comtech’s direct NG911 contracts now represent a population of over 55 million.

“While many providers license their technology to large integrators to manage the ESInet/Next Generation Core Services (“NGCS”), Comtech’s comprehensive NG911 in-house capabilities allow it to serve as both the end-to-end integrator as well as the primary service provider for NG911 deployments. This eases the burden for customers, as 
Comtech takes ownership of the entire deployment process as well as ongoing systems management,” said  Brent Iadarola, Vice President, 
Frost & Sullivan. “Comtech is uniquely equipped to offer NG911 solutions either directly or through channel partners and provides customers with flexible deployment models, whether fully managed services or hybrid options. 
Comtech’s stability, proven deployments, and compliance with industry standards have earned it significant traction in new customer acquisitions, and its proven ability to offer end-to-end managed services and its exceptional ownership experience have further solidified its reputation in the market and positioned it for continued success.”

“Comtech is very proud of the performance that has led to this award from Frost & Sullivan,” said  Fred Kornberg, Chairman of the Board and Chief Executive Officer of 
Comtech Telecommunications Corp. “Comtech offers a range of advanced capabilities for our customers, from its purpose-built Solacom solution providing i3-compliant PSAP call handling user interfaces, to ESInet connectivity and enhanced functional elements for voice and data. Its geographic information systems (“GIS”) provide PSAPs with real-time location data that can be synchronized across local, state, and regional levels to optimize PSAP operations and enhance emergency response times.”

Each year, 
Frost & Sullivan bestows this award upon the company that demonstrates excellence in growth, performance and customer value. It recognizes the organization’s vision for growth and associated implementation strategy, as well as the overall customer, purchase, ownership and service experience, which has resulted in the recipient company recognizing above-market growth and greater share of wallet. The award lauds the growth, diversification, and sustainability strategies of the company.

About Comtech Telecommunications Corp.

Comtech’s highly reliable technologies enable the successful handling of over five million 911 calls and texts each month. For more information about Comtech’s 911 products and services, visit www.comtech911.com.

Comtech Telecommunications Corp. is a leader in the global communications market headquartered in 
Melville, New York. With a passion for customer success, 
Comtech designs, produces and markets advanced secure wireless solutions to more than 1,000 customers in more than 100 countries. For more information, please visit www.comtechtel.com.

About Frost & Sullivan

For six decades, 
Frost & Sullivan has been world-renowned for its role in helping investors, corporate leaders, and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success.

Forward-Looking Statements

Certain information in this press release contains statements that are forward-looking in nature and involve certain significant risks and uncertainties. Actual results could differ materially from such forward-looking information. The Company’s 
Securities and Exchange Commission filings identify many such risks and uncertainties. Any forward-looking information in this press release is qualified in its entirety by the risks and uncertainties described in such 
Securities and Exchange Commission filings.

Media Contacts:

Comtech
Michael D. Porcelain
President and Chief Operating Officer
631-962-7000
info@comtechtel.com

Frost & Sullivan
Bianca Torres
1.210.477.8418
bianca.torres@frost.com

Source: 
Comtech Telecommunications Corp.

Comtech Telecommunications Corp. Receives Award from Frost & Sullivan as Growth Leader in Next Generation 911 Technologies and Services

Posted on by Admin


Comtech Telecommunications Corp. Receives Award from Frost & Sullivan as Growth Leader in Next Generation 911 Technologies and Services

 

MELVILLE, N.Y.–(BUSINESS WIRE)–Jul. 22, 2021– 
July 22, 2021— 
Comtech Telecommunications Corp. (NASDAQ: CMTL), a world leader in next-generation 911 emergency systems and secure wireless communications technologies, announced today that 
Frost & Sullivan has recognized 
Comtech for registering the most significant year-over-year (“YoY”) market share increase among all NG911 primary contract holders, growing its market share from an estimated 17.3% in 2019 to 26.2% in 2020, as calculated by 
Frost & Sullivan. By closing statewide contracts in 
Ohio, 
Pennsylvania and 
South Carolina, Comtech’s direct NG911 contracts now represent a population of over 55 million.

“While many providers license their technology to large integrators to manage the ESInet/Next Generation Core Services (“NGCS”), Comtech’s comprehensive NG911 in-house capabilities allow it to serve as both the end-to-end integrator as well as the primary service provider for NG911 deployments. This eases the burden for customers, as 
Comtech takes ownership of the entire deployment process as well as ongoing systems management,” said  Brent Iadarola, Vice President, 
Frost & Sullivan. “Comtech is uniquely equipped to offer NG911 solutions either directly or through channel partners and provides customers with flexible deployment models, whether fully managed services or hybrid options. 
Comtech’s stability, proven deployments, and compliance with industry standards have earned it significant traction in new customer acquisitions, and its proven ability to offer end-to-end managed services and its exceptional ownership experience have further solidified its reputation in the market and positioned it for continued success.”

“Comtech is very proud of the performance that has led to this award from Frost & Sullivan,” said  Fred Kornberg, Chairman of the Board and Chief Executive Officer of 
Comtech Telecommunications Corp. “Comtech offers a range of advanced capabilities for our customers, from its purpose-built Solacom solution providing i3-compliant PSAP call handling user interfaces, to ESInet connectivity and enhanced functional elements for voice and data. Its geographic information systems (“GIS”) provide PSAPs with real-time location data that can be synchronized across local, state, and regional levels to optimize PSAP operations and enhance emergency response times.”

Each year, 
Frost & Sullivan bestows this award upon the company that demonstrates excellence in growth, performance and customer value. It recognizes the organization’s vision for growth and associated implementation strategy, as well as the overall customer, purchase, ownership and service experience, which has resulted in the recipient company recognizing above-market growth and greater share of wallet. The award lauds the growth, diversification, and sustainability strategies of the company.

About Comtech Telecommunications Corp.

Comtech’s highly reliable technologies enable the successful handling of over five million 911 calls and texts each month. For more information about Comtech’s 911 products and services, visit www.comtech911.com.

Comtech Telecommunications Corp. is a leader in the global communications market headquartered in 
Melville, New York. With a passion for customer success, 
Comtech designs, produces and markets advanced secure wireless solutions to more than 1,000 customers in more than 100 countries. For more information, please visit www.comtechtel.com.

About Frost & Sullivan

For six decades, 
Frost & Sullivan has been world-renowned for its role in helping investors, corporate leaders, and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success.

Forward-Looking Statements

Certain information in this press release contains statements that are forward-looking in nature and involve certain significant risks and uncertainties. Actual results could differ materially from such forward-looking information. The Company’s 
Securities and Exchange Commission filings identify many such risks and uncertainties. Any forward-looking information in this press release is qualified in its entirety by the risks and uncertainties described in such 
Securities and Exchange Commission filings.

Media Contacts:

Comtech
Michael D. Porcelain
President and Chief Operating Officer
631-962-7000
info@comtechtel.com

Frost & Sullivan
Bianca Torres
1.210.477.8418
bianca.torres@frost.com

Source: 
Comtech Telecommunications Corp.

Item 9 Labs Corp (INLB) – Pairing Award Winning Brands and an Asset Light Franchising Model to Cannabis

Posted on by Admin

Thursday, July 22, 2021

Item 9 Labs Corp (INLB)
Pairing Award Winning Brands and an Asset Light Franchising Model to Cannabis

Item 9 Labs Corp. (OTCQX: INLB) is a vertically integrated cannabis operator and dispensary franchisor delivering premium products from its large-scale cultivation and production facilities in the United States. The award-winning Item 9 Labs brand specializes in best-in-class products and user experience across several cannabis categories. The company also offers a unique dispensary franchise model through the national Unity Rd. retail brand. Easing barriers to entry, the franchise provides an opportunity for both new and existing dispensary owners to leverage the knowledge, resources, and ongoing support needed to thrive in their state compliantly and successfully. Item 9 Labs brings the best industry practices to markets nationwide through distinctive retail experience, cultivation capabilities, and product innovation. The veteran management team combines a diverse skill set with deep experience in the cannabis sector, franchising, and the capital markets to lead a new generation of public cannabis companies that provide transparency, consistency, and well-being. Headquartered in Arizona, the company is currently expanding its operations space by 650,000+ square feet on its 50-acre site, one of the largest properties in Arizona zoned to grow and cultivate flower. For additional information, visit item9labscorp.com.

Joe Gomes, Senior Research Analyst, Noble Capital Markets, Inc.

Refer to the full report for the price target, fundamental analysis, and rating.

    Initiating Coverage. We are initiating research coverage on Item 9 Labs Corp. Item 9 is combining a traditional cannabis cultivation operation with an asset light franchise dispensary model to expand across the nation. We believe the combination creates a differentiated business model that offers premium products and distribution through an expanding network of dispensary franchises.

    Unity Road.  The March acquisition of ONE Cannabis Group and its Unity Rd. cannabis dispensary franchise business enables Item 9 to provide solutions to cannabis industry challenges commonly faced by existing business owners, prospective entrepreneurs, and consumers. The Company recently opened the first franchised location in Colorado and is working with 15 other groups to open an additional …



This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).

*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary.  Proper due diligence is required before making any investment decision. 

Vectrus (VEC) – Operating Environment Remains Healthy; Favorable Risk/Reward

Posted on by Admin

Thursday, July 22, 2021

Vectrus (VEC)
Operating Environment Remains Healthy; Favorable Risk/Reward

Vectrus Inc is a U.S.-based company that provides services to the U.S. government. It operates as one segment and offer facility and logistics services and information technology and network communications services. The information technology and network communications capabilities consist of communications systems operations and maintenance, management and service support, systems installation and activation, system-of-systems engineering and software development, and mission support for the department of defense. The facility and logistics service include airfield management, ammunition management, civil engineering, communications, emergency services, life support activities, public works, security, transportation operations and others.

Joe Gomes, Senior Research Analyst, Noble Capital Markets, Inc.

Refer to the full report for the price target, fundamental analysis, and rating.

    New Awards. Last week, Vectrus announced it had received two additional task orders under the AFCAP V $6.4 billion ID/IQ contract. The new firm-fixed price awards are valued at $40 million. These two additional task orders build on the Company’s AFCAP wins that were announced in the first quarter, demonstrating Vectrus’ ability to support the contingency and humanitarian requirements under AFCAP V, in our view.

    Iraq Now Under Vectrus.  It appears operational responsibility for Iraq has finally transferred over to Vectrus under the LOGCAP V award. The worldwide pandemic slowed the transition process down substantially, but with Iraq transferred Vectrus could finally begin to realize more of the LOGCAP V award promise. We view the transition positively …



This research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).

*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary.  Proper due diligence is required before making any investment decision. 

Sierra Metals (SMTS)(SMT:CA) – Lowering Expectations for 2021 Due to Negative COVID Impacts

Posted on by Admin

Thursday, July 22, 2021

Sierra Metals (SMTS)(SMT:CA)
Lowering Expectations for 2021 Due to Negative COVID Impacts

As of April 24, 2020, Noble Capital Markets research on Sierra Metals is published under ticker symbols (SMTS and SMT:CA). The price target is in USD and based on ticker symbol SMTS. Research reports dated prior to April 24, 2020 may not follow these guidelines and could account for a variance in the price target.

Sierra Metals Inc is a precious and base metals producer in Latin America. The company acquires, explores, extracts, and produces mineral concentrates consisting of silver, copper, lead, zinc and gold in Mexico and Peru. Its activity includes the operation of the Yauricocha Mine in Peru, and the Bolivar and Cusi mines in Mexico. Yauricocha is an underground polymetallic mine using the sublevel block caving and cut-and-fill mining methods. Bolivar is a copper-silver-zinc-gold underground mine using room-and-pillar mining method. The majority of the revenue is earned by selling of the mineral concentrates to its customers in Peru.

Mark Reichman, Senior Research Analyst of Natural Resources, Noble Capital Markets, Inc.

Refer to the full report for the price target, fundamental analysis, and rating.

    SMTS reports second quarter production results. Compared with the prior year period, second quarter production of copper declined 1.8% to 9.5 million pounds, while silver, zinc and lead increased 66.8%, 53.8% and 24.3% to 954 thousand ounces, 21.1 million pounds and 7.9 million pounds, respectively. Gold production increased 1.8% to 2,812 ounces relative to the prior year period. Sequentially, copper and gold production increased 20.8% and 6.7%, respectively. Production of zinc, lead, and silver fell 12.4%, 11.6%, and 0.7%, respectively. Operations continue to be negatively impacted by the pandemic although management expects operations to show some improvement throughout the year and will update its full year guidance with the release of second quarter financial results.

    Updating estimates.  We are lowering our 2021 EPS and EBITDA estimates to $0.25 and $140.5 million from $0.32 and $163.3 million, respectively, to reflect lower full year production. Based on production in the first half, we think it may be challenging for the company to achieve the low end of its production guidance for copper and zinc. Our 2022 EPS and EBITDA estimates remain $0.45 and $208.2 …



This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).

*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary.  Proper due diligence is required before making any investment decision.