Release – Comtech Unveils New Corporate Logo and Brand Identity

Research News and market data on CMTL

January 18, 2023 09:00 AM Eastern Standard Time

MELVILLE, N.Y.–(BUSINESS WIRE)–January 18, 2023–Comtech (NASDAQ: CMTL) is releasing a new logo and brand identity today that align with the company’s customer-centric focus and commitment to accelerating the global technology trajectories that will connect the unconnected, bridge the digital divide, and empower people by providing access to data and insight in new and unprecedented ways.

Comtech recently underwent a transformational change to unite the enterprise, build on its collective strengths, solidify foundations for its future, and energize transformation across the industry. Comtech’s new vision of “building connections that set ideas free” is an embodiment of the dedication and commitment to excellence in the company’s innovative culture and passion for customer success.

“Our global communications infrastructure is at the cusp of enormous change and Comtech is leading the way in the democratization of communications access for all, and we are doing it through radical change, starting with our new mission and vision,” said Ken Peterman, President and Chief Executive Officer. “Our new logo and brand represent Comtech’s move into its next chapter as a company and our unique ability to identify and deliver the technologies and services that will be needed to connect the unconnected, address our customers toughest challenges, and set new ideas free.”

At Comtech, we are in a relentless pursuit of a better way – empowering people by connecting everything and everyone. The company is committed to matching the extraordinary rate of change taking place across today’s communications infrastructure. With its unique culture of innovation and fluency in future technologies, Comtech will empower people and organizations through access to connectivity and help shape the landscape of the Fourth Industrial Revolution.

Visit Comtech Signals to learn more about the rebrand and other activities.

About Comtech

Comtech Telecommunications Corp. is a leading global technology company providing terrestrial and wireless network solutions, next-generation 9-1-1 emergency services, satellite and space communications technologies, and cloud native capabilities to commercial and government customers around the world. Our unique culture of innovation and employee empowerment unleashes a relentless passion for customer success. With multiple facilities located in technology corridors throughout the United States and around the world, Comtech leverages our global presence, technology leadership, and decades of experience to create the world’s most innovative communications solutions.For more information, please visit www.comtech.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 and performance 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.

Contacts

Investor Relations
Robert Samuels
631-962-7102
robert.samuels@comtech.com

Digerati Technologies (DTGI) – A Nice Start To The Year


Tuesday, December 20, 2022

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), Nexogy (Nexogy.com), SkyNet Telecom (Skynettelecom.net) and NextLevel Internet (nextlevelinternet.com), the Company is meeting the global needs of small 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.

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.

Strong fiscal Q1 results. The company reported revenue of $8.1 million and adj. EBITDA of $795,000 a year-over-year increase of 115% and 161%, respectively. Revenue was in line with our estimate of $8 million while adj. EBITDA exceeded our estimate of $0.47 million by 71%, illustrated in Figure #1 Q1 Variance.

Next Level & SkyNet. Management stated that they have successfully integrated SkyNet and Next level internet and that improved margins are a result of the integration. While we were anticipating improved margins from the SkyNet acquisition, the improvement was ahead of expectations. Gross margins in the latest quarter were 64.9% versus our estimate of  60%.


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