Endeavour Silver Reports Financial Results for the Second Quarter 2021; Earnings Conference Call at 10am PDT (1pm EDT) Today Endeavour Silver reported its financial results today for the three and six months ended June 30, 2021 Research, News & Market Data on Endeavour Silver Watch recent presentation from Endeavour Silver

Sierra Metals Reports Consolidated Financial Results for the Second Quarter of 2021 and Provides Revised Guidance for 2021 Sierra Metals reported revenue of $79.4 million and an adjusted EBITDA of $37.7 million on the throughput of 787,534 tonnes and metal production of 24.8 million copper equivalent pounds for the three-month period ended June 30, 2021 Research, News & Market Data on Sierra Metals Watch recent presentation from Sierra Metals

CoreCivic Reports Second Quarter 2021 Financial Results CoreCivic announced its financial results for the second quarter of 2021 See today’s research report from Joe Gomes, Senior Research Analyst at Noble Capital Markets Research, News & Market Data on CoreCivic Watch recent presentation from CoreCivic

Flotek Announces Second Quarter 2021 Results Flotek Industries announced second quarter results for the three months ended June 30, 2021 See today’s research report from Michael Heim, Senior Research Analyst at Noble Capital Markets Research, News & Market Data on Flotek Watch recent presentation from Flotek

Comstock Announces Second Quarter 2021 Results and Business Update Comstock Mining announced its unaudited financial results for the periods ended June 30, 2021 Research, News & Market Data on Comstock Mining Watch recent presentation from Comstock Mining

Lineage to Present at the H.C. Wainwright Ophthalmology Conference on August 17, 2021 Lineage Cell Therapeutics announced that Lineage CEO Brian M. Culley will be participating in and presenting at the H.C. Wainwright & Co. Inc. Virtual Ophthalmology Conference Research, News & Market Data on Lineage Watch recent presentation from Lineage

Comtech Telecommunications Corp. Awarded $1.0 Million Contract for High-Power Amplifiers Comtech Telecommunications announced it was awarded a $1.0 million contract for high-power amplifiers from a major domestic prime contractor Research, News & Market Data on Comtech Watch recent presentation from Comtech

Study of Non-Invasive Vagus Nerve Stimulation (nVNS) Shows Improvement in PTSD Symptoms and Decreased Inflammatory Response to Stress electroCore announced the publication of a peer reviewed manuscript Research, News & Market Data on electroCore

 

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Comtech Telecommunications Corp. Awarded $1.0 Million Contract for High-Power Amplifiers

 

MELVILLE, N.Y.–(BUSINESS WIRE)–Aug. 10, 2021– 
August 10, 2021— 
Comtech Telecommunications Corp. (NASDAQ: CMTL), a global leading provider of next-generation 911 emergency systems and secure wireless communications technologies, announced today, that during its fourth quarter of fiscal 2021, it was awarded a 
$1.0 million contract for high-power amplifiers from a major domestic prime contractor.

These amplifiers, which utilize the latest in solid-state GaN transistor technology, are key transmit elements in a data communication system. They add to an installed base of 
Comtech solid-state high-power RF amplifiers previously delivered to this major domestic prime contractor.

“This contract demonstrates our continued leadership position in providing high-power communications technology and the ongoing demand for our solid-state high-power amplifiers utilized by major OEMs in both domestic and international markets,” said  Fred Kornberg, Chairman of the Board and Chief Executive Officer of 
Comtech Telecommunications Corp.

The contract was awarded to 
Comtech PST Corp. (www.comtechpst.com) which is a leading independent supplier of high-power, high performance RF microwave amplifiers and control components for use in a broad spectrum of applications including defense, medical, satellite communications systems and instrumentation.

Comtech Telecommunications Corp. is a leading provider of next-generation 911 emergency systems and critical wireless communication technologies to commercial and government customers around the world. Headquartered in 
Melville, New York and with a passion for customer success, 
Comtech designs, produces and markets advanced and secure wireless solutions to customers in more than 100 countries. For more information, please visit www.comtechtel.com.

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.

Comtech Investor Relations:
631-962-7005
investors@comtech.com

Source: 
Comtech Telecommunications Corp.

Information Services Group Announces Second-Quarter 2021 Results

 

STAMFORD, Conn.–(BUSINESS WIRE)– Information Services Group (ISG) (Nasdaq: III), a leading global technology research and advisory firm, today announced financial results for the second quarter ended June 30, 2021.

“ISG delivered an excellent second quarter, increasing our business momentum,” said Michael P. Connors, chairman and CEO. “Our double-digit revenue and adjusted EBITDA growth in Q2 reflects a more robust demand environment, highlighted by our 28 percent growth in the Americas, as the pandemic recedes and clients double-down on their digital investments. Our results also reflect the impact of our solution-centric and agile ISG NEXT operating model, which continues to deliver greater account expansion opportunities, higher consulting utilization and improved profitability.”

Connors said ISG sees market momentum continuing in the second half, reflecting both pent-up demand and a structural shift to more cloud adoption and digital transformation. “Our in-depth research and analysis, world-class advisory capabilities and SaaS-based platforms offer our clients the insights, expertise and tools they need to digitally transform their businesses for operational excellence and faster growth. Operating at the center of an increasingly technology-driven economy, ISG is well-positioned for continued success,” said Connors.

Connors noted that the firm’s recurring revenues grew by 18 percent in the second quarter, fueled, in particular, by the ISG Research business.

Second-Quarter 2021 Results

Reported revenues for the second quarter were $70.6 million, up 23 percent versus last year (up 17 percent in constant currency). Currency translation positively impacted reported revenues by $3.0 million versus the prior year. Reported revenues were $40.3 million in the Americas, up 28 percent versus the prior year; $23.7 million in Europe, up 13 percent versus the prior year on a reported basis and up 4 percent in constant currency, and $6.5 million in Asia Pacific, up 36 percent versus the prior year on a reported basis and up 18 percent in constant currency.

ISG reported second-quarter operating income of $5.8 million, compared with operating income of $3.5 million in the second quarter of 2020. The firm also reported second-quarter net income and earnings per share of $4.1 million and $0.08, respectively, compared with a net income of $0.6 million and earnings per share of $0.01 in the prior year’s second quarter.

Adjusted net income (a non-GAAP measure defined below under “Non-GAAP Financial Measures”) for the second quarter was $6.3 million, or $0.12 per share on a fully diluted basis, compared with adjusted net income of $2.9 million, or $0.06 per share on a fully diluted basis, in the prior year’s second quarter.

Second-quarter adjusted EBITDA (a non-GAAP measure defined below under “Non-GAAP Financial Measures”) was $9.7 million, up 32 percent from the second quarter last year. Adjusted EBITDA margin was 14 percent, up 100 basis points from the prior year.

Other Financial and Operating Highlights

ISG generated $8.9 million of cash from operations in the second quarter, compared with $22.4 million in the prior year. The firm’s cash balance totaled $43.8 million at June 30, 2021, up 39 percent from $31.6 million in the prior year. ISG paid down $1.1 million of debt during the quarter, paid dividends of $1.5 million and repurchased $8.3 million of shares. As of June 30, 2021, ISG had $76.6 million in debt outstanding, compared with $80.9 million at the end of the second quarter last year. The firm’s gross debt-to-adjusted-EBITDA ratio of 2.1 is at a multiyear low.

2021 Third-Quarter Revenue and Adjusted EBITDA Guidance

“Balancing the seasonal summer holidays and lingering Covid effects, particularly in Europe, with increasing demand momentum, we are targeting double-digit growth for the third quarter of 2021, with revenues between $66 million and $68 million and adjusted EBITDA between $8 million and $9 million,” said Connors. “We will continue to monitor the macro-economic environment, including the impact of the coronavirus, and adjust our business outlook as markets dictate.”

Share Repurchase Authorization

The Board of Directors approved a new share repurchase authorization of $25.0 million, increasing to $28.2 million the aggregate available under the firm’s share repurchase program. The new share repurchase program will take effect upon completion of the current program, which had approximately $3.2 million remaining as of June 30, 2021.

“ISG remains committed to a disciplined capital allocation strategy that consists of reinvesting in our business, reducing debt, returning capital to shareholders via dividends and share repurchases, and supplementing our organic growth with strategic acquisitions to drive long-term shareholder value. During Q2, we returned $9.8 million to shareholders via share buyback and dividends, and reduced our debt by $1.1 million,” said Connors.

Third-Quarter Dividend

The ISG Board of Directors declared a third-quarter dividend of $0.03 per share, payable on September 24, 2021, to shareholders of record on September 7, 2021.

Conference Call

ISG has scheduled a call for 9 a.m., U.S. Eastern Time, Monday, August 9, 2021, to discuss the company’s second-quarter results. The call can be accessed by dialing 1-800-437-2398; or, for international callers, by dialing 001-323-289-6576. The access code is 1506173. A recording of the conference call will be accessible on ISG’s website (www.isg-one.com) for approximately four weeks following the call.

Forward-Looking Statements

This communication contains “forward-looking statements” which represent the current expectations and beliefs of management of ISG concerning future events and their potential effects. Statements contained herein including words such as “anticipate,” “believe,” “contemplate,” “plan,” “estimate,” “target,” “expect,” “intend,” “will,” “continue,” “should,” “may,” and other similar expressions, are “forward-looking statements” under the Private Securities Litigation Reform Act of 1995. These forward-looking statements are not guarantees of future results and are subject to certain risks and uncertainties that could cause actual results to differ materially from those anticipated. Those risks relate to inherent business, economic and competitive uncertainties and contingencies relating to the businesses of ISG and its subsidiaries including without limitation: (1) failure to secure new engagements or loss of important clients; (2) ability to hire and retain enough qualified employees to support operations; (3) ability to maintain or increase billing and utilization rates; (4) management of growth; (5) success of expansion internationally; (6) competition; (7) ability to move the product mix into higher margin businesses; (8) general political and social conditions such as war, political unrest and terrorism; (9) healthcare and benefit cost management; (10) ability to protect ISG and its subsidiaries’ intellectual property or data and the intellectual property or data of others; (11) currency fluctuations and exchange rate adjustments; (12) ability to successfully consummate or integrate strategic acquisitions; (13) outbreaks of diseases, including coronavirus, or similar public health threats or fear of such an event; and (14) engagements may be terminated, delayed or reduced in scope by clients. Certain of these and other applicable risks, cautionary statements and factors that could cause actual results to differ from ISG’s forward-looking statements are included in ISG’s filings with the U.S. Securities and Exchange Commission. ISG undertakes no obligation to update or revise any forward-looking statements to reflect subsequent events or circumstances.

Non-GAAP Financial Measures

ISG reports all financial information required in accordance with U.S. generally accepted accounting principles (GAAP). In this release, ISG has presented both GAAP financial results as well as non-GAAP information for the three months and six months ended June 30, 2021 and June 30, 2020. ISG believes that evaluating its ongoing operating results will be enhanced if it discloses certain non-GAAP information. These non-GAAP financial measures exclude non-cash and certain other special charges that many investors believe may obscure the user’s overall understanding of ISG’s current financial performance and the Company’s prospects for the future. ISG believes that these non-GAAP measures provide useful information to investors because they improve the comparability of the financial results between periods and provide for greater transparency of key measures used to evaluate the Company’s performance.

ISG provides adjusted EBITDA (defined as net income plus interest, taxes, depreciation and amortization, foreign currency transaction gains/losses, non-cash stock compensation, change in contingent consideration, acquisition-related costs, severance, integration and other expense and financing-related costs), adjusted net income (defined as net income plus amortization of intangible assets, non-cash stock compensation, foreign currency transaction gains/losses, change in contingent consideration, acquisition-related costs, severance, integration and other expense, financing-related costs, and write-off of deferred financing costs, on a tax-adjusted basis), adjusted net income per diluted share and selected financial data on a constant currency basis which are non-GAAP measures that the Company believes provide useful information to both management and investors by excluding certain expenses and financial implications of foreign currency translations, which management believes are not indicative of ISG’s core operations. These non-GAAP measures are used by ISG to evaluate the Company’s business strategies and management’s performance.

We evaluate our results of operations on both an as reported and a constant currency basis. The constant currency presentation, which is a non-GAAP financial measure, excludes the impact of year-over-year fluctuations in foreign currency exchange rates. We believe providing constant currency information provides valuable supplemental information regarding our results of operations, thereby facilitating period-to-period comparisons of our business performance and is consistent with how management evaluates the Company’s performance. We calculate constant currency percentages by converting our current and prior-periods local currency financial results using the same point in time exchange rates and then compare the adjusted current and prior period results. This calculation may differ from similarly titled measures used by others and, accordingly, the constant currency presentation is not meant to be a substitution for recorded amounts presented in conformity with GAAP, nor should such amounts be considered in isolation.

Management believes this information facilitates comparison of underlying results over time. Non-GAAP financial measures, when presented, are reconciled to the most closely applicable GAAP measure. Non-GAAP measures are provided as additional information and should not be considered in isolation or as a substitute for results prepared in accordance with GAAP. A reconciliation of the forward-looking non-GAAP estimates contained herein to the corresponding GAAP measures is not being provided, due to the unreasonable efforts required to prepare it.

About ISG

ISG (Information Services Group) (Nasdaq: III) is a leading global technology research and advisory firm. A trusted business partner to more than 700 clients, including more than 75 of the world’s top 100 enterprises, ISG is committed to helping corporations, public sector organizations, and service and technology providers achieve operational excellence and faster growth. The firm specializes in digital transformation services, including automation, cloud and data analytics; sourcing advisory; managed governance and risk services; network carrier services; strategy and operations design; change management; market intelligence and technology research and analysis. Founded in 2006, and based in Stamford, Conn., ISG employs more than 1,300 digital-ready professionals operating in more than 20 countries—a global team known for its innovative thinking, market influence, deep industry and technology expertise, and world-class research and analytical capabilities based on the industry’s most comprehensive marketplace data. For more information, visit www.isg-one.com.

 

Source: Information Services Group, Inc.

Information Services Group Announces Second-Quarter 2021 Results

 

STAMFORD, Conn.–(BUSINESS WIRE)– Information Services Group (ISG) (Nasdaq: III), a leading global technology research and advisory firm, today announced financial results for the second quarter ended June 30, 2021.

“ISG delivered an excellent second quarter, increasing our business momentum,” said Michael P. Connors, chairman and CEO. “Our double-digit revenue and adjusted EBITDA growth in Q2 reflects a more robust demand environment, highlighted by our 28 percent growth in the Americas, as the pandemic recedes and clients double-down on their digital investments. Our results also reflect the impact of our solution-centric and agile ISG NEXT operating model, which continues to deliver greater account expansion opportunities, higher consulting utilization and improved profitability.”

Connors said ISG sees market momentum continuing in the second half, reflecting both pent-up demand and a structural shift to more cloud adoption and digital transformation. “Our in-depth research and analysis, world-class advisory capabilities and SaaS-based platforms offer our clients the insights, expertise and tools they need to digitally transform their businesses for operational excellence and faster growth. Operating at the center of an increasingly technology-driven economy, ISG is well-positioned for continued success,” said Connors.

Connors noted that the firm’s recurring revenues grew by 18 percent in the second quarter, fueled, in particular, by the ISG Research business.

Second-Quarter 2021 Results

Reported revenues for the second quarter were $70.6 million, up 23 percent versus last year (up 17 percent in constant currency). Currency translation positively impacted reported revenues by $3.0 million versus the prior year. Reported revenues were $40.3 million in the Americas, up 28 percent versus the prior year; $23.7 million in Europe, up 13 percent versus the prior year on a reported basis and up 4 percent in constant currency, and $6.5 million in Asia Pacific, up 36 percent versus the prior year on a reported basis and up 18 percent in constant currency.

ISG reported second-quarter operating income of $5.8 million, compared with operating income of $3.5 million in the second quarter of 2020. The firm also reported second-quarter net income and earnings per share of $4.1 million and $0.08, respectively, compared with a net income of $0.6 million and earnings per share of $0.01 in the prior year’s second quarter.

Adjusted net income (a non-GAAP measure defined below under “Non-GAAP Financial Measures”) for the second quarter was $6.3 million, or $0.12 per share on a fully diluted basis, compared with adjusted net income of $2.9 million, or $0.06 per share on a fully diluted basis, in the prior year’s second quarter.

Second-quarter adjusted EBITDA (a non-GAAP measure defined below under “Non-GAAP Financial Measures”) was $9.7 million, up 32 percent from the second quarter last year. Adjusted EBITDA margin was 14 percent, up 100 basis points from the prior year.

Other Financial and Operating Highlights

ISG generated $8.9 million of cash from operations in the second quarter, compared with $22.4 million in the prior year. The firm’s cash balance totaled $43.8 million at June 30, 2021, up 39 percent from $31.6 million in the prior year. ISG paid down $1.1 million of debt during the quarter, paid dividends of $1.5 million and repurchased $8.3 million of shares. As of June 30, 2021, ISG had $76.6 million in debt outstanding, compared with $80.9 million at the end of the second quarter last year. The firm’s gross debt-to-adjusted-EBITDA ratio of 2.1 is at a multiyear low.

2021 Third-Quarter Revenue and Adjusted EBITDA Guidance

“Balancing the seasonal summer holidays and lingering Covid effects, particularly in Europe, with increasing demand momentum, we are targeting double-digit growth for the third quarter of 2021, with revenues between $66 million and $68 million and adjusted EBITDA between $8 million and $9 million,” said Connors. “We will continue to monitor the macro-economic environment, including the impact of the coronavirus, and adjust our business outlook as markets dictate.”

Share Repurchase Authorization

The Board of Directors approved a new share repurchase authorization of $25.0 million, increasing to $28.2 million the aggregate available under the firm’s share repurchase program. The new share repurchase program will take effect upon completion of the current program, which had approximately $3.2 million remaining as of June 30, 2021.

“ISG remains committed to a disciplined capital allocation strategy that consists of reinvesting in our business, reducing debt, returning capital to shareholders via dividends and share repurchases, and supplementing our organic growth with strategic acquisitions to drive long-term shareholder value. During Q2, we returned $9.8 million to shareholders via share buyback and dividends, and reduced our debt by $1.1 million,” said Connors.

Third-Quarter Dividend

The ISG Board of Directors declared a third-quarter dividend of $0.03 per share, payable on September 24, 2021, to shareholders of record on September 7, 2021.

Conference Call

ISG has scheduled a call for 9 a.m., U.S. Eastern Time, Monday, August 9, 2021, to discuss the company’s second-quarter results. The call can be accessed by dialing 1-800-437-2398; or, for international callers, by dialing 001-323-289-6576. The access code is 1506173. A recording of the conference call will be accessible on ISG’s website (www.isg-one.com) for approximately four weeks following the call.

Forward-Looking Statements

This communication contains “forward-looking statements” which represent the current expectations and beliefs of management of ISG concerning future events and their potential effects. Statements contained herein including words such as “anticipate,” “believe,” “contemplate,” “plan,” “estimate,” “target,” “expect,” “intend,” “will,” “continue,” “should,” “may,” and other similar expressions, are “forward-looking statements” under the Private Securities Litigation Reform Act of 1995. These forward-looking statements are not guarantees of future results and are subject to certain risks and uncertainties that could cause actual results to differ materially from those anticipated. Those risks relate to inherent business, economic and competitive uncertainties and contingencies relating to the businesses of ISG and its subsidiaries including without limitation: (1) failure to secure new engagements or loss of important clients; (2) ability to hire and retain enough qualified employees to support operations; (3) ability to maintain or increase billing and utilization rates; (4) management of growth; (5) success of expansion internationally; (6) competition; (7) ability to move the product mix into higher margin businesses; (8) general political and social conditions such as war, political unrest and terrorism; (9) healthcare and benefit cost management; (10) ability to protect ISG and its subsidiaries’ intellectual property or data and the intellectual property or data of others; (11) currency fluctuations and exchange rate adjustments; (12) ability to successfully consummate or integrate strategic acquisitions; (13) outbreaks of diseases, including coronavirus, or similar public health threats or fear of such an event; and (14) engagements may be terminated, delayed or reduced in scope by clients. Certain of these and other applicable risks, cautionary statements and factors that could cause actual results to differ from ISG’s forward-looking statements are included in ISG’s filings with the U.S. Securities and Exchange Commission. ISG undertakes no obligation to update or revise any forward-looking statements to reflect subsequent events or circumstances.

Non-GAAP Financial Measures

ISG reports all financial information required in accordance with U.S. generally accepted accounting principles (GAAP). In this release, ISG has presented both GAAP financial results as well as non-GAAP information for the three months and six months ended June 30, 2021 and June 30, 2020. ISG believes that evaluating its ongoing operating results will be enhanced if it discloses certain non-GAAP information. These non-GAAP financial measures exclude non-cash and certain other special charges that many investors believe may obscure the user’s overall understanding of ISG’s current financial performance and the Company’s prospects for the future. ISG believes that these non-GAAP measures provide useful information to investors because they improve the comparability of the financial results between periods and provide for greater transparency of key measures used to evaluate the Company’s performance.

ISG provides adjusted EBITDA (defined as net income plus interest, taxes, depreciation and amortization, foreign currency transaction gains/losses, non-cash stock compensation, change in contingent consideration, acquisition-related costs, severance, integration and other expense and financing-related costs), adjusted net income (defined as net income plus amortization of intangible assets, non-cash stock compensation, foreign currency transaction gains/losses, change in contingent consideration, acquisition-related costs, severance, integration and other expense, financing-related costs, and write-off of deferred financing costs, on a tax-adjusted basis), adjusted net income per diluted share and selected financial data on a constant currency basis which are non-GAAP measures that the Company believes provide useful information to both management and investors by excluding certain expenses and financial implications of foreign currency translations, which management believes are not indicative of ISG’s core operations. These non-GAAP measures are used by ISG to evaluate the Company’s business strategies and management’s performance.

We evaluate our results of operations on both an as reported and a constant currency basis. The constant currency presentation, which is a non-GAAP financial measure, excludes the impact of year-over-year fluctuations in foreign currency exchange rates. We believe providing constant currency information provides valuable supplemental information regarding our results of operations, thereby facilitating period-to-period comparisons of our business performance and is consistent with how management evaluates the Company’s performance. We calculate constant currency percentages by converting our current and prior-periods local currency financial results using the same point in time exchange rates and then compare the adjusted current and prior period results. This calculation may differ from similarly titled measures used by others and, accordingly, the constant currency presentation is not meant to be a substitution for recorded amounts presented in conformity with GAAP, nor should such amounts be considered in isolation.

Management believes this information facilitates comparison of underlying results over time. Non-GAAP financial measures, when presented, are reconciled to the most closely applicable GAAP measure. Non-GAAP measures are provided as additional information and should not be considered in isolation or as a substitute for results prepared in accordance with GAAP. A reconciliation of the forward-looking non-GAAP estimates contained herein to the corresponding GAAP measures is not being provided, due to the unreasonable efforts required to prepare it.

About ISG

ISG (Information Services Group) (Nasdaq: III) is a leading global technology research and advisory firm. A trusted business partner to more than 700 clients, including more than 75 of the world’s top 100 enterprises, ISG is committed to helping corporations, public sector organizations, and service and technology providers achieve operational excellence and faster growth. The firm specializes in digital transformation services, including automation, cloud and data analytics; sourcing advisory; managed governance and risk services; network carrier services; strategy and operations design; change management; market intelligence and technology research and analysis. Founded in 2006, and based in Stamford, Conn., ISG employs more than 1,300 digital-ready professionals operating in more than 20 countries—a global team known for its innovative thinking, market influence, deep industry and technology expertise, and world-class research and analytical capabilities based on the industry’s most comprehensive marketplace data. For more information, visit www.isg-one.com.

 

Source: Information Services Group, Inc.

Friday, August 06, 2021

DLH Holdings (DLHC)
Post Call Update – A Deeper Dive

DLH Holdings Corp is a provider of technology-enabled business process outsourcing and program management solutions in the United States. The company offers services to several government agencies which include the Department of veteran affairs, Department of health and human services, Department of Defense and other government agencies. It operates primarily through prime contracts and also derives its revenue from agencies of the federal government, primarily as a prime contractor but also as a subcontractor to other Federal prime contractors.

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

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

Organic Growth Returns. DLH reported an estimated $2.8 million of organic growth in the quarter. Organic growth has faced headwinds from the absence of pass thru travel revenue due to COVID (which still hasn’t fully returned) and an expected reduction in scope of a HHS contract as the prior contract contained funds for an IT upgrade, which DLH successfully completed. We estimate this headwind at about $7 million annually over the five year contract term.


VA Logistics.  While we are disappointed the protest of the award continues to drag on, we are hopeful it will be resolved soon. We continue to believe DLH is well positioned to retain the contract given the quality and cost effectiveness DLH brings to the contract …

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. 

Friday, August 06, 2021

DLH Holdings (DLHC)
Post Call Update – A Deeper Dive

DLH Holdings Corp is a provider of technology-enabled business process outsourcing and program management solutions in the United States. The company offers services to several government agencies which include the Department of veteran affairs, Department of health and human services, Department of Defense and other government agencies. It operates primarily through prime contracts and also derives its revenue from agencies of the federal government, primarily as a prime contractor but also as a subcontractor to other Federal prime contractors.

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

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

Organic Growth Returns. DLH reported an estimated $2.8 million of organic growth in the quarter. Organic growth has faced headwinds from the absence of pass thru travel revenue due to COVID (which still hasn’t fully returned) and an expected reduction in scope of a HHS contract as the prior contract contained funds for an IT upgrade, which DLH successfully completed. We estimate this headwind at about $7 million annually over the five year contract term.


VA Logistics.  While we are disappointed the protest of the award continues to drag on, we are hopeful it will be resolved soon. We continue to believe DLH is well positioned to retain the contract given the quality and cost effectiveness DLH brings to the contract …

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. 

Comtech Telecommunications Corp. Awarded $1.4 Million Contract for RF Microwave Control Components

 

MELVILLE, N.Y.–(BUSINESS WIRE)–Aug. 5, 2021– 
August 5, 2021— 
Comtech Telecommunications Corp. (NASDAQ: CMTL), a global leading provider of next-generation 911 emergency systems and secure wireless communications technologies, announced today, that during its fourth quarter of fiscal 2021, it was awarded a 
$1.4 million contract for RF microwave control components from a major domestic prime contractor.

These integrated microwave assemblies and protection components provide for very broad frequency coverage and are key components in an integrated electronic countermeasures system used by the 
U.S. military.

“This contract is another example of Comtech’s technical strength in delivering broadband high-power integrated assemblies for military applications and the ongoing demand for our high-power control component products,” said  Fred Kornberg, Chairman of the Board and Chief Executive Officer of 
Comtech Telecommunications Corp.

The contract was awarded to 
Comtech PST Corp. (www.comtechpst.com) which is a leading independent supplier of high-power, high performance RF microwave amplifiers and control components for use in a broad spectrum of applications including defense, medical, satellite communications systems and instrumentation.

Comtech Telecommunications Corp. is a leading provider of next-generation 911 emergency systems and critical wireless communication technologies to commercial and government customers around the world. Headquartered in 
Melville, New York and with a passion for customer success, 
Comtech designs, produces and markets advanced and secure wireless solutions to customers in more than 100 countries. For more information, please visit www.comtechtel.com.

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.

Comtech Investor Relations:
631-962-7005
investors@comtech.com

Source: 
Comtech Telecommunications Corp.

Comtech Telecommunications Corp. Awarded $1.4 Million Contract for RF Microwave Control Components

 

MELVILLE, N.Y.–(BUSINESS WIRE)–Aug. 5, 2021– 
August 5, 2021— 
Comtech Telecommunications Corp. (NASDAQ: CMTL), a global leading provider of next-generation 911 emergency systems and secure wireless communications technologies, announced today, that during its fourth quarter of fiscal 2021, it was awarded a 
$1.4 million contract for RF microwave control components from a major domestic prime contractor.

These integrated microwave assemblies and protection components provide for very broad frequency coverage and are key components in an integrated electronic countermeasures system used by the 
U.S. military.

“This contract is another example of Comtech’s technical strength in delivering broadband high-power integrated assemblies for military applications and the ongoing demand for our high-power control component products,” said  Fred Kornberg, Chairman of the Board and Chief Executive Officer of 
Comtech Telecommunications Corp.

The contract was awarded to 
Comtech PST Corp. (www.comtechpst.com) which is a leading independent supplier of high-power, high performance RF microwave amplifiers and control components for use in a broad spectrum of applications including defense, medical, satellite communications systems and instrumentation.

Comtech Telecommunications Corp. is a leading provider of next-generation 911 emergency systems and critical wireless communication technologies to commercial and government customers around the world. Headquartered in 
Melville, New York and with a passion for customer success, 
Comtech designs, produces and markets advanced and secure wireless solutions to customers in more than 100 countries. For more information, please visit www.comtechtel.com.

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.

Comtech Investor Relations:
631-962-7005
investors@comtech.com

Source: 
Comtech Telecommunications Corp.

Comtech Telecommunications Corp. Awarded $1.5 Million Contract for SATCOM Antenna Feeds for a Major U.S. Satellite Communications Manufacturer

 

MELVILLE, N.Y.–(BUSINESS WIRE)–Aug. 4, 2021– 
August 4, 2021— 
Comtech Telecommunications Corp. (NASDAQ: CMTL), a global leading provider of next-generation 911 emergency systems and secure wireless communications technologies, announced today, that during its fourth quarter of fiscal year 2021, it was awarded a 
$1.5 million contract from a major 
U.S. satellite communications manufacturer for SATCOM antenna feeds for their 1.3 meter 
Fly-Away Terminal.

“This order demonstrates the success of supplying our advanced products to the satellite communications market. 
Comtech remains dedicated and focused on providing our customers the highest-performance, most cost-effective SATCOM solutions available to support both warfighters and the commercial marketplace,” said  Fred Kornberg, Chairman of the Board and Chief Executive Officer of 
Comtech Telecommunications Corp.

The contract was awarded to Comtech’s Space & Component Technology (“SCT”) division, which specializes in ground station systems and life cycle management, as well as the supply of high reliability microelectronics (“EEE parts”) for use in satellite, launch vehicle and manned space applications.

Satellite tracking antennas are manufactured from 30cm to 13m, as well as RF feeds, radomes and carbon fiber reflectors, for LEO, MEO and GEO orbits, for customers worldwide, for all frequency bands. This encompasses all aspects of use including requirements definition and analysis, design, development and integration of turnkey systems from antenna to data processing, civil works and construction, software, station installation and verification, operations and maintenance and decommissioning at end of life. For more information, visit www.comtechspace.com.

Comtech Telecommunications Corp. is a leading provider of next-generation 911 emergency systems and critical wireless communication technologies to commercial and government customers around the world. Headquartered in 
Melville, New York and with a passion for customer success, 
Comtech designs, produces and markets advanced and secure wireless solutions to customers in more than 100 countries. For more information, please visit www.comtechtel.com.

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.

Comtech Investor Relations:
631-962-7005
investors@comtech.com

Source: 
Comtech Telecommunications Corp.

Comtech Telecommunications Corp. Awarded $1.5 Million Contract for SATCOM Antenna Feeds for a Major U.S. Satellite Communications Manufacturer

 

MELVILLE, N.Y.–(BUSINESS WIRE)–Aug. 4, 2021– 
August 4, 2021— 
Comtech Telecommunications Corp. (NASDAQ: CMTL), a global leading provider of next-generation 911 emergency systems and secure wireless communications technologies, announced today, that during its fourth quarter of fiscal year 2021, it was awarded a 
$1.5 million contract from a major 
U.S. satellite communications manufacturer for SATCOM antenna feeds for their 1.3 meter 
Fly-Away Terminal.

“This order demonstrates the success of supplying our advanced products to the satellite communications market. 
Comtech remains dedicated and focused on providing our customers the highest-performance, most cost-effective SATCOM solutions available to support both warfighters and the commercial marketplace,” said  Fred Kornberg, Chairman of the Board and Chief Executive Officer of 
Comtech Telecommunications Corp.

The contract was awarded to Comtech’s Space & Component Technology (“SCT”) division, which specializes in ground station systems and life cycle management, as well as the supply of high reliability microelectronics (“EEE parts”) for use in satellite, launch vehicle and manned space applications.

Satellite tracking antennas are manufactured from 30cm to 13m, as well as RF feeds, radomes and carbon fiber reflectors, for LEO, MEO and GEO orbits, for customers worldwide, for all frequency bands. This encompasses all aspects of use including requirements definition and analysis, design, development and integration of turnkey systems from antenna to data processing, civil works and construction, software, station installation and verification, operations and maintenance and decommissioning at end of life. For more information, visit www.comtechspace.com.

Comtech Telecommunications Corp. is a leading provider of next-generation 911 emergency systems and critical wireless communication technologies to commercial and government customers around the world. Headquartered in 
Melville, New York and with a passion for customer success, 
Comtech designs, produces and markets advanced and secure wireless solutions to customers in more than 100 countries. For more information, please visit www.comtechtel.com.

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.

Comtech Investor Relations:
631-962-7005
investors@comtech.com

Source: 
Comtech Telecommunications Corp.

Comtech Telecommunications Corp. Awarded $2.1 Million Order for Full-Motion Tracking Systems from Commercial Space Entity

 

MELVILLE, N.Y.–(BUSINESS WIRE)–Aug. 3, 2021– 
August 2, 2021— 
Comtech Telecommunications Corp. (NASDAQ: CMTL), a global leading provider of next-generation 911 emergency systems and secure wireless communications technologies, announced today, that during its fourth quarter of fiscal year 2021, it was awarded a 
$2.1 million follow-on contract from a commercial space company for several full-motion large aperture antenna tracking systems.

“This award, for this important project and customer, demonstrates the unique value proposition offered by Comtech’s antenna products for use in critical satellite ground system projects,” said  Fred Kornberg, Chairman of the Board and Chief Executive Officer of 
Comtech Telecommunications Corp.

The contract was awarded to Comtech’s Space & Component Technology (“SCT”) division, which specializes in ground station systems and life cycle management, as well as the supply of high reliability microelectronics (“EEE parts”) for use in satellite, launch vehicle and manned space applications.

Satellite tracking antennas are manufactured from 30cm to 13m, as well as RF feeds, radomes and carbon fiber reflectors, for LEO, MEO and GEO orbits, for customers worldwide, for all frequency bands. This encompasses all aspects of use including requirements definition and analysis, design, development, and integration of turnkey systems from antenna to data processing, civil works and construction, software, station installation and verification, operations and maintenance, and decommissioning at end of life. For more information, visit www.comtechspace.com.

Comtech Telecommunications Corp. is a leading provider of next-generation 911 emergency systems and critical wireless communication technologies to commercial and government customers around the world. Headquartered in 
Melville, New York and with a passion for customer success, 
Comtech designs, produces and markets advanced and secure wireless solutions to customers in more than 100 countries. For more information, please visit www.comtechtel.com.

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.

Comtech Investor Relations:
631-962-7005
investors@comtech.com

Source: 
Comtech Telecommunications Corp.

Comtech Telecommunications Corp. Awarded $2.1 Million Order for Full-Motion Tracking Systems from Commercial Space Entity

 

MELVILLE, N.Y.–(BUSINESS WIRE)–Aug. 3, 2021– 
August 2, 2021— 
Comtech Telecommunications Corp. (NASDAQ: CMTL), a global leading provider of next-generation 911 emergency systems and secure wireless communications technologies, announced today, that during its fourth quarter of fiscal year 2021, it was awarded a 
$2.1 million follow-on contract from a commercial space company for several full-motion large aperture antenna tracking systems.

“This award, for this important project and customer, demonstrates the unique value proposition offered by Comtech’s antenna products for use in critical satellite ground system projects,” said  Fred Kornberg, Chairman of the Board and Chief Executive Officer of 
Comtech Telecommunications Corp.

The contract was awarded to Comtech’s Space & Component Technology (“SCT”) division, which specializes in ground station systems and life cycle management, as well as the supply of high reliability microelectronics (“EEE parts”) for use in satellite, launch vehicle and manned space applications.

Satellite tracking antennas are manufactured from 30cm to 13m, as well as RF feeds, radomes and carbon fiber reflectors, for LEO, MEO and GEO orbits, for customers worldwide, for all frequency bands. This encompasses all aspects of use including requirements definition and analysis, design, development, and integration of turnkey systems from antenna to data processing, civil works and construction, software, station installation and verification, operations and maintenance, and decommissioning at end of life. For more information, visit www.comtechspace.com.

Comtech Telecommunications Corp. is a leading provider of next-generation 911 emergency systems and critical wireless communication technologies to commercial and government customers around the world. Headquartered in 
Melville, New York and with a passion for customer success, 
Comtech designs, produces and markets advanced and secure wireless solutions to customers in more than 100 countries. For more information, please visit www.comtechtel.com.

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.

Comtech Investor Relations:
631-962-7005
investors@comtech.com

Source: 
Comtech Telecommunications Corp.

Tuesday, August 03, 2021

Voyager Digital Ltd. (VYGVF)(VYGR:CA)
To Acquire Cryptocurrency Payment Processor

Voyager Digital Ltd through its subsidiary, operates as a crypto asset broker that provides retail and institutional investors with a turnkey solution to trade crypto assets. The company offers investors execution, data, wallet and custody services through its institutional-grade open architecture platform.

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

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

Coinify Acquisition. Continuing its expansion of its digital asset ecosystem, Voyager Digital is acquiring Coinify ApS, a leading cryptocurrency payment platform with a global user base in over 150 countries. Payment will consist of 5.1 million shares and $15 million of cash. Based on Friday’s closing price, this amounts to approximate total consideration of $84.3 million. The transaction is expected to be immediately accretive to both revenue and cash flow. Notably, key members of the management team are staying.


Multiple Benefits.  The Coinify acquisition brings multiple benefits to Voyager. First and foremost, Voyager’s nearly 2 million customers now have a fast, easy, and secure way to make payments from their Voyager accounts. The acquisition also accelerates Voyager’s international expansion, as Coinify has users in over 150 countries. Finally, Coinify should help expand Voyager into the …

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.