Thursday, January 20, 2022

Digerati Technologies (DTGI)
A Discussion: Candid & Insightful

Digerati Technologies, Inc. (OTCQB: DTGI) is a telecom and technology provider of diverse, carrier-grade, Only in the Cloud™ communication and network solutions including Unified Communication as a Service, cloud telephony, cloud WAN, cloud call center, cloud mobile, and delivery of digital oxygen on its fiber/mobile broadband network. Digerati has developed a robust integration platform to fuel mergers and acquisitions in a highly fragmented market as it delivers flexible, cost-effective services with enterprise-grade quality and reliability. A multi-year recipient of Deloitte’s Fast500 and Fast50 Awards for one of the fastest growing technology companies in North America, Digerati has become an expert at successfully merging and managing subsidiary operations since 2015. The Company’s impressive tech-stack serves 28,000 business users on its platform and its dynamic channel program includes over 300 channel partners that serve as a conduit for sales growth. Digerati has continuously increased customer adoption while serving diverse industries including Healthcare, Banking, Financial Services, Legal, Real Estate, and Construction. Digerati currently has a strong platform for growth throughout Texas and Florida, the 2nd and 4th largest state economies by GDP in the U.S. The Company’s clean and clear fundamentals, combined with its clearly defined growth plan, disciplined acquisition strategy and seasoned leadership team is expected to increase shareholder value as it enters the next phase of its corporate development plan. For more information, please visit www.digerati-inc.com.

Michael Kupinski, Director of Research, Noble Capital Markets, Inc.

Patrick McCann, Research Associate, Noble Capital Markets, Inc.

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

C-suite interview highlights. This report highlights a C-Suite interview with Digerati’s CEO, Arthur Smith. The video can be found by clicking here. Some of the topics covered in the discussion include the macroeconomic environment and the affects on the company; Digerati’s capabilities in serving many different types of customers; the company’s acquisition strategy; and a timely discussion on a recent acquisition in the growing market of Texas.


Holding up to economic headwinds.  Management does not believe demand for the company’s services has been affected by current economic headwinds, such as inflation and weakened consumer confidence. Although the ongoing supply chain disruptions have impacted the availability of some of the company’s products, Digerati has the technological flexibility to adjust its hardware solutions, when necessary …

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. 

Thursday, January 20, 2022

Digerati Technologies (DTGI)
A Discussion: Candid & Insightful

Digerati Technologies, Inc. (OTCQB: DTGI) is a telecom and technology provider of diverse, carrier-grade, Only in the Cloud™ communication and network solutions including Unified Communication as a Service, cloud telephony, cloud WAN, cloud call center, cloud mobile, and delivery of digital oxygen on its fiber/mobile broadband network. Digerati has developed a robust integration platform to fuel mergers and acquisitions in a highly fragmented market as it delivers flexible, cost-effective services with enterprise-grade quality and reliability. A multi-year recipient of Deloitte’s Fast500 and Fast50 Awards for one of the fastest growing technology companies in North America, Digerati has become an expert at successfully merging and managing subsidiary operations since 2015. The Company’s impressive tech-stack serves 28,000 business users on its platform and its dynamic channel program includes over 300 channel partners that serve as a conduit for sales growth. Digerati has continuously increased customer adoption while serving diverse industries including Healthcare, Banking, Financial Services, Legal, Real Estate, and Construction. Digerati currently has a strong platform for growth throughout Texas and Florida, the 2nd and 4th largest state economies by GDP in the U.S. The Company’s clean and clear fundamentals, combined with its clearly defined growth plan, disciplined acquisition strategy and seasoned leadership team is expected to increase shareholder value as it enters the next phase of its corporate development plan. For more information, please visit www.digerati-inc.com.

Michael Kupinski, Director of Research, Noble Capital Markets, Inc.

Patrick McCann, Research Associate, Noble Capital Markets, Inc.

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

C-suite interview highlights. This report highlights a C-Suite interview with Digerati’s CEO, Arthur Smith. The video can be found by clicking here. Some of the topics covered in the discussion include the macroeconomic environment and the affects on the company; Digerati’s capabilities in serving many different types of customers; the company’s acquisition strategy; and a timely discussion on a recent acquisition in the growing market of Texas.


Holding up to economic headwinds.  Management does not believe demand for the company’s services has been affected by current economic headwinds, such as inflation and weakened consumer confidence. Although the ongoing supply chain disruptions have impacted the availability of some of the company’s products, Digerati has the technological flexibility to adjust its hardware solutions, when necessary …

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. 

Noble Capital Markets Senior Research Analyst Michael Kupinski sits down Digerati Technologies CEO Arthur Smith for this exclusive interview. Research, News, and Advanced Market Data on DTGI View all C-Suite Interviews 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™.

Thursday, January 06, 2022

Digerati Technologies (DTGI)
Reaches For The Sky

Digerati Technologies, Inc. (OTCQB: DTGI) is a telecom and technology provider of diverse, carrier-grade, Only in the Cloud™ communication and network solutions including Unified Communication as a Service, cloud telephony, cloud WAN, cloud call center, cloud mobile, and delivery of digital oxygen on its fiber/mobile broadband network. Digerati has developed a robust integration platform to fuel mergers and acquisitions in a highly fragmented market as it delivers flexible, cost-effective services with enterprise-grade quality and reliability. A multi-year recipient of Deloitte’s Fast500 and Fast50 Awards for one of the fastest growing technology companies in North America, Digerati has become an expert at successfully merging and managing subsidiary operations since 2015. The Company’s impressive tech-stack serves 28,000 business users on its platform and its dynamic channel program includes over 300 channel partners that serve as a conduit for sales growth. Digerati has continuously increased customer adoption while serving diverse industries including Healthcare, Banking, Financial Services, Legal, Real Estate, and Construction. Digerati currently has a strong platform for growth throughout Texas and Florida, the 2nd and 4th largest state economies by GDP in the U.S. The Company’s clean and clear fundamentals, combined with its clearly defined growth plan, disciplined acquisition strategy and seasoned leadership team is expected to increase shareholder value as it enters the next phase of its corporate development plan. For more information, please visit www.digerati-inc.com.

Michael Kupinski, Director of Research, Noble Capital Markets, Inc.

Patrick McCann, Research Associate, Noble Capital Markets, Inc.

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

Digerati acquires SkyNet. On January 5, 2022, Digerati announced the acquisition of SkyNet, a Texas-based cloud communication and broadband solutions company. The company used its $20 million debt facility to finance the acquisition. The acquisition adds $3.4 million annual revenue. SkyNet is in line with its acquisition strategy of seeking communication services companies serving small and medium size U.S. businesses in high growth markets, like Texas.


Adds scale in high-growth markets.  With the acquisition, the company expands its customer base in Texas to 737 businesses, more than 215% higher than before the acquisition. The acquisition is expected to provide immediate cost synergies with the company’s existing Texas operations. Between Texas and Florida, the company now serves more than 3,100 businesses, which amounts to roughly 33,000 users …

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’s Michael Porcelain Becomes Chief Executive Officer and New Independent Directors Join the Board

Research, News, and Market Data on Comtech Telecommunications

 

MELVILLE, N.Y.–(BUSINESS WIRE)–Jan. 3, 2022– 
January 3, 2022— 
Comtech Telecommunications Corp. (NASDAQ: CMTL), a leading global provider of next-generation 911 emergency systems and secure wireless communications technologies, today announced that, as previously planned, it has appointed  Michael Porcelain Chief Executive Officer as of 
December 31, 2021, and a member of the Board of Directors, effective 
January 3, 2022.  Mr. Porcelain, who will also remain President of 
Comtech, succeeds  Fred Kornberg, who will serve as an advisor to the Company on technology matters and continue as a director and non-executive Chairman of the Board. This appointment completes the Company’s long-term CEO succession planning effort, initiated by the Board of Directors with its appointment of  Mr. Porcelain as Chief Operating Officer in 2018 and President in 2020.

Comtech also announced that  Wendi Carpenter and  Mark Quinlan have been appointed as independent directors of the Board, effective 
January 3, 2022.

“I’m honored to take on the CEO role at 
Comtech, especially at a pivotal time for our business and shareholders,” said  Mr. Porcelain. “The past twenty-four months have seen a significant and generational transformation of both our company and our markets overall. I’m excited to take my own experience with all parts of Comtech’s operations and drive a new level of performance alongside our team. I also look forward to working with our expanded, world-class Board of Directors. Together, we’ll take 
Comtech into a new era of commercial success and shareholder value creation.”

Mr. Kornberg said, “It has been my distinct privilege to lead 
Comtech during four historic decades that have seen radical changes in the 911 public safety and satellite earth station technology markets. I want to express my gratitude to our investors for their continued support, our customers for trusting 
Comtech to address their most pressing needs, and our world-class employees for their steadfast dedication. In Michael, there is no better-qualified leader to take 
Comtech to new heights. As both a seasoned executive and an experienced operator who has helped define and execute against a long-term strategic plan, our new CEO has earned the confidence of our entire Board and that of shareholders and positioned us for a bright future.”

Information about Mr. Porcelain, Ms. Carpenter and Mr. Quinlan

About Michael Porcelain
Mr. Porcelain has served as President since 
January 2020 and as Chief Operating Officer of 
Comtech since 
October 2018. He previously served as the Company’s Chief Financial Officer from 2006 to 2018, and as Vice President of Finance and Internal Audit of 
Comtech from 2002 to 2006. Prior to joining 
Comtech,  Mr. Porcelain was Director of Corporate Profit and Business Planning for Symbol Technologies (subsequently acquired by 
Motorola Technologies, Inc.), a mobile wireless information solutions company, where he was employed from 1998 to 2002. Previously, he spent five years in public accounting holding various positions, including Manager in the 
Transaction Advisory Services Group of PricewaterhouseCoopers. Since 1998, he has owned and operated 
The Independent Adviser Corporation, a privately held company which holds the rights to use certain intellectual properties and trademarks (including various Internet websites) related to the financial planning and advisory industry.  Mr. Porcelain is on the Board of Directors of Air Industries Group, a 
New York Stock Exchange listed company and a 
U.S. defense contractor, and serves as the Chairman of its Audit Committee.  Mr. Porcelain is also a Member of the Board of Directors of the 
Fund for Modern Courts, an independent organization that promotes reform and equal justice in the 
New York Court system.

About Wendi Carpenter
Wendi B. Carpenter (
Rear Admiral U.S. Navy, Retired) completed a distinguished 34-year career in the 
U.S. Navy before retiring as a Rear Admiral. She was the Commander of the Navy Warfare Development Command, where she spearheaded technology development with unmanned systems, small satellite, and other communications for the warfighter. She also served as Deputy Commander of the 
U.S. Second Fleet, and held key senior 
U.S. joint and 
NATO executive positions. She provided crisis and disaster support to 
FEMA and oversaw the 
Logistics Crisis Action Center for the Navy following 9/11. Rear  Admiral Carpenter currently serves as an Independent Director and Chair of the 
Compensation Committee of SkyWater Technology, Inc. (NASDAQ: SKYT), a 
U.S.-owned 
$1.2 billion semiconductor development and manufacturing company with significant 
U.S. government and aerospace communications business. Rear  Admiral Carpenter holds a Master of Arts in International Relations from 
Salve Regina University, a Bachelor of Science in Psychology from the 
University of Georgia, and she is a distinguished graduate of the 
U.S. Naval War College.

About Mark Quinlan
Mr. Quinlan is the co-founder of a private investment firm, 
White Hat Capital Partners LP, which is focused on building sustainable value in technology companies serving mission-critical applications. The Firm constructively partners with its portfolio companies to improve strategy and capital allocation decisions, implement operational efficiencies, and strengthen governance, all with a view to improving corporate competitiveness and creating shareholder value. Prior to founding White Hat,  Mr. Quinlan was Managing Director and Co-Head of the 
Global Technology Investment Banking Group at Stifel. In addition, he served as a Member of the firm’s Investment Banking Management Committee as well as the Fairness Committee.  Mr. Quinlan joined Stifel in 2010 through its merger with 
Thomas Weisel Partners.  Mr. Quinlan joined 
Thomas Weisel Partners in 2000 from Merrill Lynch and was promoted to Partner in 2006. He joined Merrill Lynch in 1996 following two years with 
Brown Brothers Harriman & Co. During his investment banking career,  Mr. Quinlan advised numerous corporate boards on a broad range of strategic and corporate finance decisions. He maintains extensive senior executive relationships across the technology, investment management and financial services sectors.

About Comtech

Comtech Telecommunications Corp. is a leading global provider of next-generation 911 emergency systems and secure 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. For more information, please visit www.comtechtel.com.

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 Contact
Kekst CNC
Nicholas.Capuano@kekstcnc.com
(212) 521-4800

Investor Contact
Comtech Investor Relations
Investors@comtech.com
(631) 962-7005

Source: 
Comtech Telecommunications Corp.

Comtech’s Michael Porcelain Becomes Chief Executive Officer and New Independent Directors Join the Board

Research, News, and Market Data on Comtech Telecommunications

 

MELVILLE, N.Y.–(BUSINESS WIRE)–Jan. 3, 2022– 
January 3, 2022— 
Comtech Telecommunications Corp. (NASDAQ: CMTL), a leading global provider of next-generation 911 emergency systems and secure wireless communications technologies, today announced that, as previously planned, it has appointed  Michael Porcelain Chief Executive Officer as of 
December 31, 2021, and a member of the Board of Directors, effective 
January 3, 2022.  Mr. Porcelain, who will also remain President of 
Comtech, succeeds  Fred Kornberg, who will serve as an advisor to the Company on technology matters and continue as a director and non-executive Chairman of the Board. This appointment completes the Company’s long-term CEO succession planning effort, initiated by the Board of Directors with its appointment of  Mr. Porcelain as Chief Operating Officer in 2018 and President in 2020.

Comtech also announced that  Wendi Carpenter and  Mark Quinlan have been appointed as independent directors of the Board, effective 
January 3, 2022.

“I’m honored to take on the CEO role at 
Comtech, especially at a pivotal time for our business and shareholders,” said  Mr. Porcelain. “The past twenty-four months have seen a significant and generational transformation of both our company and our markets overall. I’m excited to take my own experience with all parts of Comtech’s operations and drive a new level of performance alongside our team. I also look forward to working with our expanded, world-class Board of Directors. Together, we’ll take 
Comtech into a new era of commercial success and shareholder value creation.”

Mr. Kornberg said, “It has been my distinct privilege to lead 
Comtech during four historic decades that have seen radical changes in the 911 public safety and satellite earth station technology markets. I want to express my gratitude to our investors for their continued support, our customers for trusting 
Comtech to address their most pressing needs, and our world-class employees for their steadfast dedication. In Michael, there is no better-qualified leader to take 
Comtech to new heights. As both a seasoned executive and an experienced operator who has helped define and execute against a long-term strategic plan, our new CEO has earned the confidence of our entire Board and that of shareholders and positioned us for a bright future.”

Information about Mr. Porcelain, Ms. Carpenter and Mr. Quinlan

About Michael Porcelain
Mr. Porcelain has served as President since 
January 2020 and as Chief Operating Officer of 
Comtech since 
October 2018. He previously served as the Company’s Chief Financial Officer from 2006 to 2018, and as Vice President of Finance and Internal Audit of 
Comtech from 2002 to 2006. Prior to joining 
Comtech,  Mr. Porcelain was Director of Corporate Profit and Business Planning for Symbol Technologies (subsequently acquired by 
Motorola Technologies, Inc.), a mobile wireless information solutions company, where he was employed from 1998 to 2002. Previously, he spent five years in public accounting holding various positions, including Manager in the 
Transaction Advisory Services Group of PricewaterhouseCoopers. Since 1998, he has owned and operated 
The Independent Adviser Corporation, a privately held company which holds the rights to use certain intellectual properties and trademarks (including various Internet websites) related to the financial planning and advisory industry.  Mr. Porcelain is on the Board of Directors of Air Industries Group, a 
New York Stock Exchange listed company and a 
U.S. defense contractor, and serves as the Chairman of its Audit Committee.  Mr. Porcelain is also a Member of the Board of Directors of the 
Fund for Modern Courts, an independent organization that promotes reform and equal justice in the 
New York Court system.

About Wendi Carpenter
Wendi B. Carpenter (
Rear Admiral U.S. Navy, Retired) completed a distinguished 34-year career in the 
U.S. Navy before retiring as a Rear Admiral. She was the Commander of the Navy Warfare Development Command, where she spearheaded technology development with unmanned systems, small satellite, and other communications for the warfighter. She also served as Deputy Commander of the 
U.S. Second Fleet, and held key senior 
U.S. joint and 
NATO executive positions. She provided crisis and disaster support to 
FEMA and oversaw the 
Logistics Crisis Action Center for the Navy following 9/11. Rear  Admiral Carpenter currently serves as an Independent Director and Chair of the 
Compensation Committee of SkyWater Technology, Inc. (NASDAQ: SKYT), a 
U.S.-owned 
$1.2 billion semiconductor development and manufacturing company with significant 
U.S. government and aerospace communications business. Rear  Admiral Carpenter holds a Master of Arts in International Relations from 
Salve Regina University, a Bachelor of Science in Psychology from the 
University of Georgia, and she is a distinguished graduate of the 
U.S. Naval War College.

About Mark Quinlan
Mr. Quinlan is the co-founder of a private investment firm, 
White Hat Capital Partners LP, which is focused on building sustainable value in technology companies serving mission-critical applications. The Firm constructively partners with its portfolio companies to improve strategy and capital allocation decisions, implement operational efficiencies, and strengthen governance, all with a view to improving corporate competitiveness and creating shareholder value. Prior to founding White Hat,  Mr. Quinlan was Managing Director and Co-Head of the 
Global Technology Investment Banking Group at Stifel. In addition, he served as a Member of the firm’s Investment Banking Management Committee as well as the Fairness Committee.  Mr. Quinlan joined Stifel in 2010 through its merger with 
Thomas Weisel Partners.  Mr. Quinlan joined 
Thomas Weisel Partners in 2000 from Merrill Lynch and was promoted to Partner in 2006. He joined Merrill Lynch in 1996 following two years with 
Brown Brothers Harriman & Co. During his investment banking career,  Mr. Quinlan advised numerous corporate boards on a broad range of strategic and corporate finance decisions. He maintains extensive senior executive relationships across the technology, investment management and financial services sectors.

About Comtech

Comtech Telecommunications Corp. is a leading global provider of next-generation 911 emergency systems and secure 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. For more information, please visit www.comtechtel.com.

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 Contact
Kekst CNC
Nicholas.Capuano@kekstcnc.com
(212) 521-4800

Investor Contact
Comtech Investor Relations
Investors@comtech.com
(631) 962-7005

Source: 
Comtech Telecommunications Corp.

Thursday, December 16, 2021

Digerati Technologies (DTGI)
What The Recent Results Indicate?

Digerati Technologies, Inc. (OTCQB: DTGI) is a telecom and technology provider of diverse, carrier-grade, Only in the Cloud™ communication and network solutions including Unified Communication as a Service, cloud telephony, cloud WAN, cloud call center, cloud mobile, and delivery of digital oxygen on its fiber/mobile broadband network. Digerati has developed a robust integration platform to fuel mergers and acquisitions in a highly fragmented market as it delivers flexible, cost-effective services with enterprise-grade quality and reliability. A multi-year recipient of Deloitte’s Fast500 and Fast50 Awards for one of the fastest growing technology companies in North America, Digerati has become an expert at successfully merging and managing subsidiary operations since 2015. The Company’s impressive tech-stack serves 28,000 business users on its platform and its dynamic channel program includes over 300 channel partners that serve as a conduit for sales growth. Digerati has continuously increased customer adoption while serving diverse industries including Healthcare, Banking, Financial Services, Legal, Real Estate, and Construction. Digerati currently has a strong platform for growth throughout Texas and Florida, the 2nd and 4th largest state economies by GDP in the U.S. The Company’s clean and clear fundamentals, combined with its clearly defined growth plan, disciplined acquisition strategy and seasoned leadership team is expected to increase shareholder value as it enters the next phase of its corporate development plan. For more information, please visit www.digerati-inc.com.

Michael Kupinski, Director of Research, Noble Capital Markets, Inc.

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

Surprisingly better results. Fiscal Q1 revenues were just shy of our expectation coming in at $3.78 million versus our $3.8 million estimate. Adj. EBITDA, which excludes Legal and Professional Fees, was much better compared with our previously lowered expectations, $523,000 versus our previously lowered expectations of $293,000.


Gross margins better than expected.  Gross margins were slightly lower sequentially from the fiscal fourth quarter of 62.3% to close the fiscal first quarter at 60.6%, but the gross margins were better than expected. We estimate that gross margins likely will be higher than our base line estimate of 58% in the second quarter and for the fiscal full year …

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. 

Thursday, December 16, 2021

Digerati Technologies (DTGI)
What The Recent Results Indicate?

Digerati Technologies, Inc. (OTCQB: DTGI) is a telecom and technology provider of diverse, carrier-grade, Only in the Cloud™ communication and network solutions including Unified Communication as a Service, cloud telephony, cloud WAN, cloud call center, cloud mobile, and delivery of digital oxygen on its fiber/mobile broadband network. Digerati has developed a robust integration platform to fuel mergers and acquisitions in a highly fragmented market as it delivers flexible, cost-effective services with enterprise-grade quality and reliability. A multi-year recipient of Deloitte’s Fast500 and Fast50 Awards for one of the fastest growing technology companies in North America, Digerati has become an expert at successfully merging and managing subsidiary operations since 2015. The Company’s impressive tech-stack serves 28,000 business users on its platform and its dynamic channel program includes over 300 channel partners that serve as a conduit for sales growth. Digerati has continuously increased customer adoption while serving diverse industries including Healthcare, Banking, Financial Services, Legal, Real Estate, and Construction. Digerati currently has a strong platform for growth throughout Texas and Florida, the 2nd and 4th largest state economies by GDP in the U.S. The Company’s clean and clear fundamentals, combined with its clearly defined growth plan, disciplined acquisition strategy and seasoned leadership team is expected to increase shareholder value as it enters the next phase of its corporate development plan. For more information, please visit www.digerati-inc.com.

Michael Kupinski, Director of Research, Noble Capital Markets, Inc.

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

Surprisingly better results. Fiscal Q1 revenues were just shy of our expectation coming in at $3.78 million versus our $3.8 million estimate. Adj. EBITDA, which excludes Legal and Professional Fees, was much better compared with our previously lowered expectations, $523,000 versus our previously lowered expectations of $293,000.


Gross margins better than expected.  Gross margins were slightly lower sequentially from the fiscal fourth quarter of 62.3% to close the fiscal first quarter at 60.6%, but the gross margins were better than expected. We estimate that gross margins likely will be higher than our base line estimate of 58% in the second quarter and for the fiscal full year …

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. 

Tuesday, December 14, 2021

Digerati Technologies (DTGI)
Lots Of Moving Parts

Digerati Technologies, Inc. (OTCQB: DTGI) is a telecom and technology provider of diverse, carrier-grade, Only in the Cloud™ communication and network solutions including Unified Communication as a Service, cloud telephony, cloud WAN, cloud call center, cloud mobile, and delivery of digital oxygen on its fiber/mobile broadband network. Digerati has developed a robust integration platform to fuel mergers and acquisitions in a highly fragmented market as it delivers flexible, cost-effective services with enterprise-grade quality and reliability. A multi-year recipient of Deloitte’s Fast500 and Fast50 Awards for one of the fastest growing technology companies in North America, Digerati has become an expert at successfully merging and managing subsidiary operations since 2015. The Company’s impressive tech-stack serves 28,000 business users on its platform and its dynamic channel program includes over 300 channel partners that serve as a conduit for sales growth. Digerati has continuously increased customer adoption while serving diverse industries including Healthcare, Banking, Financial Services, Legal, Real Estate, and Construction. Digerati currently has a strong platform for growth throughout Texas and Florida, the 2nd and 4th largest state economies by GDP in the U.S. The Company’s clean and clear fundamentals, combined with its clearly defined growth plan, disciplined acquisition strategy and seasoned leadership team is expected to increase shareholder value as it enters the next phase of its corporate development plan. For more information, please visit www.digerati-inc.com.

Michael Kupinski, Director of Research, Noble Capital Markets, Inc.

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

Quarterly preview. The company is expected to report its fiscal first quarter results this week. We believe that the results will reflect recent acquisitions and the progress on integration of those acquisitions. We are taking a more conservative view of the integration of those acquisitions, while maintaining our constructive view of the company’s operating and roll up strategy.


Active in M&A.  We believe that the company is aggressively pursuing acquisitions to gain scale, especially in high growth markets. In addition, the company plans to uplist. As such, it is likely that professional and legal fees will be higher than our original estimates, which assumes baseline activity. Our previous estimate was $0.245 million, which could be $0.275 million or higher …

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 $2.0 Million Satellite Ground Station Equipment Order from Intellian Technologies

Research, News, and Market Data on Comtech Telecommunications

 

MELVILLE, N.Y.–(BUSINESS WIRE)–Dec. 8, 2021– 
December 8, 2021— 
Comtech Telecommunications Corp. (NASDAQ: CMTL), a leading global provider of next-generation 911 emergency systems and secure wireless communications technologies, today announced that during its first quarter of fiscal 2022, it was awarded an order approximating 
$2.0 million from Intellian, a leading global maritime satellite communication antenna systems provider. The order calls for 
Comtech to deliver 
C-Band and Ku-Band Low Power Outdoor Block Up Converters (“LPOD BUCs”).

Comtech’s field-proven LPOD BUCs will provide Intellian with the ability to offer its customers the utmost reliability in the most demanding of marine environments, such as Cruise, Oil & Gas and 
Merchant Shipping. Comtech’s LPOD BUC product line provides advanced monitor and control features that enable real-time access to critical performance and status data to ensure that system operators can manage and optimize networks to the highest possible standards.

“Comtech’s proven reliability and optimized package exceed the mechanical, electrical and environmental requirements to meet our customers’ needs,” said  Prakash Hari, Senior Director – Product Management.

“Communications at sea is a necessity and a critical component of safety, commerce and leisure. We have a proven track record of delivering highly robust and efficient products to Intellian. Our LPOD BUCs are cost effective solutions, capable of performing in the most demanding of environments,” said  Fred Kornberg, Chairman of the Board and Chief Executive Officer of 
Comtech Telecommunications Corp.

About Intellian Technologies

Intellian is the global leader in maritime satellite communication antenna systems. Founded in 2004, the fastest growing company in the industry, Intellian has delivered over 15,000 antennas in just five years. Intellian offers a full line of VSAT communications and satellite TVRO antennas for recreational boats and ocean vessels in the commercial, oil & gas markets, and the military. Intellian exports its product to 6 continents and over 40 countries and has established 300 contracted dealers and a support network worldwide. Intellian is headquartered in 
Seoul, South Korea and has 
U.S. operations in 
Irvine, California and 
Seattle, Washington. Visit www.intelliantech.com for more information.

About Comtech

Comtech Telecommunications Corp. is a leading global provider of next-generation 911 emergency systems and secure wireless communications 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. 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 $2.0 Million Satellite Ground Station Equipment Order from Intellian Technologies

Research, News, and Market Data on Comtech Telecommunications

 

MELVILLE, N.Y.–(BUSINESS WIRE)–Dec. 8, 2021– 
December 8, 2021— 
Comtech Telecommunications Corp. (NASDAQ: CMTL), a leading global provider of next-generation 911 emergency systems and secure wireless communications technologies, today announced that during its first quarter of fiscal 2022, it was awarded an order approximating 
$2.0 million from Intellian, a leading global maritime satellite communication antenna systems provider. The order calls for 
Comtech to deliver 
C-Band and Ku-Band Low Power Outdoor Block Up Converters (“LPOD BUCs”).

Comtech’s field-proven LPOD BUCs will provide Intellian with the ability to offer its customers the utmost reliability in the most demanding of marine environments, such as Cruise, Oil & Gas and 
Merchant Shipping. Comtech’s LPOD BUC product line provides advanced monitor and control features that enable real-time access to critical performance and status data to ensure that system operators can manage and optimize networks to the highest possible standards.

“Comtech’s proven reliability and optimized package exceed the mechanical, electrical and environmental requirements to meet our customers’ needs,” said  Prakash Hari, Senior Director – Product Management.

“Communications at sea is a necessity and a critical component of safety, commerce and leisure. We have a proven track record of delivering highly robust and efficient products to Intellian. Our LPOD BUCs are cost effective solutions, capable of performing in the most demanding of environments,” said  Fred Kornberg, Chairman of the Board and Chief Executive Officer of 
Comtech Telecommunications Corp.

About Intellian Technologies

Intellian is the global leader in maritime satellite communication antenna systems. Founded in 2004, the fastest growing company in the industry, Intellian has delivered over 15,000 antennas in just five years. Intellian offers a full line of VSAT communications and satellite TVRO antennas for recreational boats and ocean vessels in the commercial, oil & gas markets, and the military. Intellian exports its product to 6 continents and over 40 countries and has established 300 contracted dealers and a support network worldwide. Intellian is headquartered in 
Seoul, South Korea and has 
U.S. operations in 
Irvine, California and 
Seattle, Washington. Visit www.intelliantech.com for more information.

About Comtech

Comtech Telecommunications Corp. is a leading global provider of next-generation 911 emergency systems and secure wireless communications 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. 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 Welcomes Jennie Reilly as Vice President of Human Resources

Research, News, and Market Data on Comtech Telecommunications

 

Key Hire to Provide Leadership for All HR Initiatives as Comtech Continues Its Growth Strategy

MELVILLE, N.Y.–(BUSINESS WIRE)–Dec. 3, 2021– 
December 3, 2021— 
Comtech Telecommunications Corp. (NASDAQ: CMTL), a leading global provider of next-generation 911 emergency systems and secure wireless communications technologies, today announced the appointment of  Jennie Reilly as Vice President of Human Resources, effective 
December 13, 2021. Reilly will oversee the execution of a company-wide HR talent strategy, and will report directly to incoming CEO  Michael Porcelain.

“Jennie is a proven leader, experienced in both building robust Human Resources teams, and finding and retaining talented people. She will be a key addition for 
Comtech as we make significant and ongoing strategic investments in our human capital to position ourselves for the opportunities we see ahead of us,” said  Michael Porcelain, incoming CEO.

“Comtech is growing and changing, and I’m thrilled to join the company at this transformative time,” said Reilly. “Under Michael’s leadership, there is a clear need to ensure 
Comtech has the internal infrastructure necessary to meet the needs of customers and markets, especially as they manage industry-wide cycles of significant change.”

Jennie brings two decades of experience in advising leadership teams and guiding organizations through large-scale transformations and periods of accelerated growth, most recently at 
Piping Rock Health Products and TheraCare.

“Comtech must be prepared for the acceleration of long-term demand drivers in our company’s key end markets, and we’re doing exactly that,” continued Porcelain. “Jennie’s appointment to bolster our HR and talent strategy functions represents another step in strengthening our competitive position, along with new leadership, our refreshed Board, and the recent 
$100 million investment to fund our strategic initiatives. It’s an exciting time to be at Comtech.”

Comtech Telecommunications Corp. is a leading global provider of next-generation 911 emergency systems and secure wireless communications 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. 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. to Report First Quarter of Fiscal 2022 Results on December 9th

Research, News, and Market Data on Comtech Telecommunications

MELVILLE, N.Y.–(BUSINESS WIRE)–Dec. 3, 2021– 
December 3, 2021— 
Comtech Telecommunications Corp. (NASDAQ: CMTL), a leading global provider of next-generation 911 emergency systems and secure wireless communications technologies, today announced that it will report its first quarter of fiscal 2022 results after the market closes on 
Thursday, December 9, 2021.

The Company has scheduled an investor conference call for 
Thursday, December 9, 2021 at 
4:30 PM ET. Investors are invited to access a live webcast of the conference call from the investor relations section of the 
Comtech web site at www.comtechtel.com. Alternatively, investors can access the conference call by dialing (877) 830-2596 (domestic) or (785) 424-1744 (international) and using the conference I.D. of “Comtech.” A replay of the conference call will be available for seven days by dialing (888) 562-3375 or (402) 220-1134.

Comtech Telecommunications Corp. is a leading global provider of next-generation 911 emergency systems and secure wireless communications 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. 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.