Tag: Telecommunications

Release – Comtech Successfully Tests and Validates 5G Connection Over Satellite

Posted on by aweinsoff@channelchek.com

Research News and Market Data on CMTL

Mar 15, 2023 9:06 AM

Comtech Collaborates with Leading MNO in Greece and Other Technology Leaders to Demonstrate the Benefits of Blended 5G and Satellite Services

MELVILLE, N.Y. –
March 15, 2023–Comtech announced today, in collaboration with three global technology leaders: Cloud Signals, Hellas Sat, and a leading Mobile Network Operator (MNO), that the companies successfully tested and validated 5G connectivity over a satellite network in Greece.

During the demonstration, a commercial 5G node was connected to the leading MNO’s 5G testbed network and relayed over a satellite link provided by the Hellas Sat.

“This demonstration showcased our ability to easily blend satellite and terrestrial technologies to deliver 5G capabilities to remote areas that are unconnected or underserved by traditional terrestrial and wireless infrastructures,” said Ken Peterman, President and CEO, Comtech. “By working with Cloud Signals, Hellas Sat and the leading MNO, we were able to deliver a wide range of 5G satellite-enabled services, which can create incredible value for customers across Greece and bridge the digital divide in disconnected parts of the world.”

Comtech’s technology leadership was a significant enabler for this breakthrough demonstration, which included its ELEVATE Very Small Aperture Terminal solution that delivered high speed backhaul services for the 5G satellite-based connection.

“After observing a real need for providing 5G network onboard commercial and government maritime vessels, we are delighted to showcase that it can work by successfully transporting, via satellite, an end-to-end live 5G stream with the help of our partners,” said Dr. Christos Papachristos, CEO, Cloud Signals. “What remains to be done is a commercial cooperation and a market launch for our service.”

Cloud Signals specializes in the development of space technologies and is based in Athens, Greece.

“Satellites play an essential role in helping MNOs serve customers in remote and underserved areas, being a flexible, cost-efficient, scalable, and reliable solution for delivering communication services. In collaboration with our partners, using our Hellas Sat 3 satellite at 39o East, we demonstrated the substantial impact of satellite communications in the advancement of the 5G infrastructure,” said Christodoulos Protopapas, CEO, Hellas Sat.

Hellas Sat is a premium satellite services provider that owns and operates satellites delivering services in Europe, the Middle East, and Southern Africa.

About Comtech

Comtech Telecommunications Corp. is a leading global technology company providing space and satellite communications technologies, terrestrial and wireless network solutions, next-generation 9-1-1 emergency services, 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.

About Cloud Signals

Cloud Signals is a startup specialized in the development of space technologies based in Athens, Greece. In 2021, the company was selected among the first incubatees of ESA BIC (Business Incubation Centre) Greece. The startup is developing a 5G cellular backhaul interface to provide, among others, maritime connectivity to passenger boats in the sea. GEO and LEO satellites are part of the trials that are currently being deployed with the largest mobile service operators in the country.

About Hellas Sat

Hellas Sat is a premium satellite services provider that owns and operates three satellites delivering high-quality, cost-effective video, broadband and data services in Europe, Middle East and Southern Africa. The Company also provides managed services such as digital broadcasting and connectivity to its customers from its own premises in Greece and Cyprus as well as through its network of partners around the world. Hellas Sat is a subsidiary of Arabsat and is based in Greece and Cyprus.

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.

PCMTL

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Investor Relations

Robert Samuels

631-962-7102

robert.samuels@comtech.com

Media Contact

Jamie Clegg

480-532-2523

jamie.clegg@comtech.com

Release – Comtech Secures Multi-Million Dollar Contracts for its ELEVATE Platform to Deliver Enhanced Connectivity in Global Markets

Posted on by aweinsoff@channelchek.com

Research News and Market Data on CMTL

Mar 13, 2023 9:06 AM

MELVILLE, N.Y. –
March 13, 2023–Comtech (NASDAQ: CMTL) recently secured multiple multi-million-dollar contracts for its ELEVATE platform to provide commercial and government customers with satellite cellular backhaul as well as telemetry data and video services over Low Earth Orbit and Geostationary Orbit constellations.

Under the contracts, Comtech will deliver up to 1,000 ELEVATE terminals this year to customers in six countries. Comtech ELEVATE is a platform designed to support multi-orbit constellations as well as the convergence of communications infrastructures.

“Comtech ELEVATE is one of the unique end-to-end technologies and services we are delivering to customers that will usher in a new era of democratized access to global connectivity,” said Ken Peterman, President and CEO, Comtech. “These contracts demonstrate the strong and growing demand for secure, adaptable, and scalable solutions that will be needed to close the digital divide and empower people across the globe with access to new technologies.”

Comtech ELEVATE provides connectivity over satellite as well as access over high capacity wireless networks. ELEVATE’s versatility can support emerging use cases that will enable the convergence of space-based applications in the United States as well as international markets.

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.

PCMTL

View source version on businesswire.com: https://www.businesswire.com/news/home/20230312005042/en/

Investor Relations

Robert Samuels

631-962-7102

robert.samuels@comtech.com

Media Contact

Jamie Clegg

480-532-2523

jamie.clegg@comtech.com

Comtech Telecommunications (CMTL) – One Comtech Showing Progress

Posted on by cpereira@noblefcm.com


Monday, March 13, 2023

Comtech Telecommunications Corp. engages in the design, development, production, and marketing of products, systems, and services for advanced communications solutions in the United States and internationally. It operates in three segments: Telecommunications Transmission, Mobile Data Communications, and RF Microwave Amplifiers. The Telecommunications Transmission segment provides satellite earth station equipment and systems, over-the-horizon microwave systems, and forward error correction technology, which are used in various commercial and government applications, including backhaul of wireless and cellular traffic, broadcasting (including HDTV), IP-based communications traffic, long distance telephony, and secure defense applications. The Mobile Data Communications segment provides mobile satellite transceivers, and computers and satellite earth station network gateways and associated installation, training, and maintenance services; supplies and operates satellite packet data networks, including arranging and providing satellite capacity; and offers microsatellites and related components. The RF Microwave Amplifiers segment designs, develops, manufactures, and markets satellite earth station traveling wave tube amplifiers (TWTA) and broadband amplifiers. Its amplifiers are used in broadcast and broadband satellite communication; defense applications, such as telecommunications systems and electronic warfare systems; and commercial applications comprising oncology treatment systems, as well as to amplify signals carrying voice, video, or data for air-to-satellite-to-ground communications. The company serves satellite systems integrators, wireless and other communication service providers, broadcasters, defense contractors, military, governments, and oil companies. Comtech markets its products through independent representatives and value-added resellers. The company was founded in 1967 and is headquartered in Melville, New York.

Joe Gomes, Managing Director – Generalist Analyst, Noble Capital Markets, Inc.

Joshua Zoepfel, Research Associate, Noble Capital Markets, Inc.

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

2Q23 Results. Revenue of $133.7 million was up 2.0% sequentially, within guidance, and is the fifth consecutive quarter of growth. Y-o-Y revenue was up 11.1%. We were at $133.5 million. Adjusted EBITDA totaled $11.3 million, versus $9.8 million in 2Q22. We were at $11 million. Comtech reported a net loss of $6.5 million, or a loss of $0.23 per share, compared to a net loss of $23.5 million, or $0.89 per share last year. Adjusted EPS was $0.09 versus $0.18. We had forecast a net loss of $3.2 million, or a loss of $0.12 per share and adjusted EPS of $0.15.

Strong Bookings. Bookings remained strong in the fiscal second quarter at $167.5 million, up from $102.9 million in the year ago period. Quarter-end backlog was $702 million, up from $668.2 million at the end of the first quarter, and a level last seen in July 2019.


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*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. 

Release – Comtech Announces Results for its Second Quarter of Fiscal 2023 and Updates Third Quarter Fiscal 2023 Financial Targets

Posted on by aweinsoff@channelchek.com

Research News and Market Data on CMTL

Mar 9, 2023 4:05 PM

MELVILLE, N.Y. –
March 9, 2023– Comtech (NASDAQ: CMTL) today announced its second quarter fiscal 2023 financial results and updated its third quarter fiscal 2023 financial targets in a letter to shareholders which is now posted to the Investor Relations section of Comtech’s website.

Investors are invited to access the second quarter fiscal 2023 shareholder letter at its web site at comtech.com/investor-relations/. A copy of the letter will also be filed with the Securities and Exchange Commission in a Form 8-K.

Comtech also intends to host a previously scheduled earnings conference call at 5:00PM ET today that is intended to be briefer but provide more time for questions and discussion. Individuals can access the conference call by dialing (800) 225-9448 (domestic) or (203) 518-9708 (international) and using the conference I.D. of “Comtech.” A replay of the conference call will be available for two weeks by dialing (800) 839-3516 or (402) 220-7238. A live webcast of the call is also available at comtech.com/investor-relations/.

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.

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.

PCMTL

View source version on businesswire.com: https://www.businesswire.com/news/home/20230309005635/en/

Investor Relations

Robert Samuels

investors@comtech.com

Release – Comtech to Report Second Quarter Fiscal 2023 Results on March 9, 2023

Posted on by aweinsoff@channelchek.com

Research News and Market Data on CMTL

Mar 1, 2023 8:12 AM

MELVILLE, N.Y. –
March 1, 2023– Comtech (NASDAQ: CMTL) today announced that it plans to release its second quarter fiscal 2023 results after the market closes on Thursday, March 9, 2023.

At 5:00 p.m. ET that day, Ken Peterman, Comtech’s Chief Executive Officer and President, will hold a conference call to discuss the Company’s second quarter fiscal 2023 results, operations, and business trends. A real-time webcast of the call will be available to the public at the investor relations section of the Comtech web site at www.comtech.com. Alternatively, investors can access the conference call by dialing (800) 225-9448 (domestic) or (203) 518-9708 (international) and using the conference I.D. of “Comtech.” A replay of the call will also be available by dialing (800) 839-3516 or (402) 220-7238 through Friday, March 24, 2023.

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 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.

PCMTL

View source version on businesswire.com: https://www.businesswire.com/news/home/20230228006399/en/

Comtech Investor Relations

Robert Samuels

631-962-7102

robert.samuels@comtech.com

Release – Comtech Joins Microsoft Azure Operator Nexus Ready Program to Deliver Interoperable Cloud Services

Posted on by aweinsoff@channelchek.com

Research News and Market Data on CMTL

Feb 27, 2023 3:03 AM

MELVILLE, N.Y. –
Feb. 27, 2023– Comtech (NASDAQ: CMTL) announced today that the company will join Microsoft’s Azure Operator Nexus Ready Program to offer customers interoperable cloud services.

Microsoft’s Azure Nexus Operator Ready Program certifies that Comtech’s Location Management Function (LMF), a standards-based location server for 5G, will be interoperable with Azure Operator Nexus. LMF runs on Comtech’s Dynamic Cloud Platform (DCP), which is designed to be infrastructure, cloud, and application agnostic-allowing communications providers and other organizations to easily orchestrate, integrate, and manage applications across private, hybrid, and public cloud networks.

“As one of Microsoft’s first Azure Operator Nexus Ready Program members, our customers and partners can now leverage Comtech’s enterprise technologies and software solutions on the Azure Operator Nexus platform,” said Ken Peterman, President and CEO, Comtech. “This collaboration demonstrates the flexibility, security, and adaptability of our DCP as well as the substantial benefits Comtech’s innovative software technology solutions can bring to cloud providers across the globe.”

Comtech’s DCP also unlocks the availability of new third-party applications across current and future computing environments, such as Microsoft Azure Operator Nexus.

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.

PCMTL

View source version on businesswire.com: https://www.businesswire.com/news/home/20230226005214/en/

Investor Relations

Robert Samuels

631-962-7102

robert.samuels@comtech.com

Media Contact

Jamie Clegg

480-532-2523

jamie.clegg@comtech.com

Release – Comtech Receives Additional Funding for U.S. Army Communications

Posted on by aweinsoff@channelchek.com

Research News and Market Data on CMTL

Feb 7, 2023 9:45 AM

MELVILLE, N.Y. –
February 7, 2023– Comtech (NASDAQ: CMTL) announced today that it was awarded four Very Small Aperture Terminal (VSAT) III Satellite Systems and Services task order modifications exceeding $20 million dollars, under the Global Tactical Advanced Communication Systems (GTACS) IDIQ award, to support global U.S. Army operations.

“With the convergence of space and terrestrial communications, the seamless mobility of information is paramount to maintaining strategic advantage across today’s information dominant battlespace,” said Ken Peterman, President and CEO, Comtech. “Current events illustrate the significant advantage communications technologies provide to warfighters operating across all domains. As the United States Department of Defense (DOD) continues to allocate technology resources to deter adversaries and address a wide range of geopolitical challenges, Comtech is uniquely positioned to deliver resilient, battle-proven communications capabilities that will significantly enhance information dominance, and mission effectiveness in all domain operations.”

Comtech’s portfolio of defense and security technologies are uniquely positioned to deliver capabilities that will enhance Joint All Domain Command and Control (JADC2) operations. The company has extensive experience developing and deploying customized, interoperable, robust, and resilient communications systems for all branches of the DOD and coalition forces. Comtech’s expansive portfolio of defense and security technologies is designed to continuously evolve over time to meet emerging Command, Control, Computers, Communications, Cyber, Intelligence, Surveillance and Reconnaissance (C5ISR) use cases and enhance mission effectiveness in future all domain command and control operations.

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.

PCMTL

View source version on businesswire.com: https://www.businesswire.com/news/home/20230206005623/en/

Investor Relations

Robert Samuels

631-962-7102

robert.samuels@comtech.com

Media Contact

Jamie Clegg

480-532-2523

jamie.clegg@comtech.com

Release – Comtech to Ring the NASDAQ Stock Market Closing Bell on Jan. 23, 2023

Posted on by aweinsoff@channelchek.com

Research News and Market Data on CMTL

MELVILLE, N.Y. – Jan. 23, 2023– Comtech (NASDAQ: CMTL) today announced that the Company will ring the NASDAQ Stock Market closing bell on Monday, Jan. 23, 2023. The Company is celebrating 35 years of being listed as a public company on the NASDAQ.

“We are thrilled to ring the NASDAQ stock market closing bell to celebrate 35 years as a public company and emphasize our continued commitment to delivering unprecedented value to our customers, shareholders, and partners around the world,” said Ken Peterman, President and Chief Executive Officer of Comtech. “Today, Comtech is relentless in our quest to solve our customers’ toughest challenges and empower people around the world through equitable access to technology.”

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 vision of “building connections that set ideas free” is an embodiment of the dedication and commitment to excellence in the company’s innovative culture, passion for customer success, and mission to accelerate the global technology trajectories that will connect the unconnected and empower people by providing access to data and insight in new and unique ways.

A live webcast of the Closing Bell Ceremony will begin at 3:50PM ET and can be viewed here.

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.

PCMTL

View source version on businesswire.com: https://www.businesswire.com/news/home/20230122005023/en/

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

Media Contact
Jamie Clegg
480-532-2523
jamie.clegg@comtech.com

Release – Comtech Announces Results for its First Quarter of Fiscal 2023 and Updates Second Quarter Fiscal 2023 Financial Targets

Posted on by aweinsoff@channelchek.com

Research News and Market Data on CMTL

MELVILLE, N.Y. – December 8, 2022–Comtech (NASDAQ: CMTL), a leading global provider of satellite and space communications and terrestrial and wireless network infrastructures, today announced its first quarter fiscal 2023 financial results and updated its second quarter fiscal 2023 financial targets in a letter to shareholders which is now posted to the Investor Relations section of Comtech’s website.

Investors are invited to access the first quarter fiscal 2023 shareholder letter at its web site at investor.comtech.com. A copy of the letter will also be filed with the Securities and Exchange Commission in a Form 8-K.

Comtech also intends to host a previously scheduled earnings conference call at 5:00PM ET today that is intended to be briefer but provide more time for questions and discussion. Individuals can access the conference call by dialing (800) 225-9448 (domestic) or (203) 518-9708 (international) and using the conference I.D. of “Comtech.” A replay of the conference call will be available for seven days by dialing (800) 839-2434 or (402) 220-7211. A live webcast of the call is also available at investor.comtech.com.

About Comtech

Comtech is a leading global provider of satellite and space communications and terrestrial and wireless network infrastructures 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.comtech.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.

PCMTL

View source version on businesswire.com: https://www.businesswire.com/news/home/20221208005817/en/

Investor Relations

Robert Samuels

631-962-7102

robert.samuels@comtech.com

Release – Comtech to Present at the 14th Annual Southwest IDEAS Investor ConferenceRelease

Posted on by aweinsoff@channelchek.com

Research, News, and Market Data on CMTL

MELVILLE, N.Y.–(BUSINESS WIRE)–Nov. 8, 2022– November 8, 2022 – Comtech (NASDAQ: CMTL) today announced that it will participate in the 14th annual Southwest IDEAS Investor Conference on Wednesday, November 16, 2022, at the Westin Dallas Downtown in Dallas, TX. The Company’s presentation is scheduled to begin at 8:00AM CT. The presentation will be webcast and may be accessed through the conference host’s main website: www.IDEASconferences.com and in the investor relations section of the Company’s website: http://www.comtech.com.

Comtech management will provide an overview of the Company and its business opportunities. The Company will also conduct one-on-one meetings with investors throughout the day.

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.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 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.

PCMTL

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

Source: Comtech Telecommunications Corp.

Release – Comtech Awarded Incremental Funding to Supply Troposcatter Equipment in Support of U.S. Military Next Generation Troposcatter System

Posted on by aweinsoff@channelchek.com

Research, News, and Market Data on CMTL

MELVILLE, N.Y.–(BUSINESS WIRE)–Oct. 27, 2022– October 27, 2022– Comtech (NASDAQ: CMTL) announced today that during its first quarter of fiscal 2023, the Company was awarded over $50.0 million of incremental funding on an existing contract to provide next generation troposcatter systems in support of the U.S. military. For over 50 years, Comtech has been a world leader in the design and supply of modernized troposcatter technologies. Our Troposcatter Family of Systems are just one way that Comtech helps to ensure that our customers can count on secure, uninterrupted connectivity where (and when) it matters most.

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.comtech.com or see our Signals blog at https://www.comtech.com/comtech-signals/.

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.

PCMTL

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

Source: Comtech Telecommunications Corp.

Comtech Telecommunications (CMTL) – A Transformative Vision

Posted on by cpereira@noblefcm.com


Thursday, October 20, 2022

Comtech Telecommunications Corp. engages in the design, development, production, and marketing of products, systems, and services for advanced communications solutions in the United States and internationally. It operates in three segments: Telecommunications Transmission, Mobile Data Communications, and RF Microwave Amplifiers. The Telecommunications Transmission segment provides satellite earth station equipment and systems, over-the-horizon microwave systems, and forward error correction technology, which are used in various commercial and government applications, including backhaul of wireless and cellular traffic, broadcasting (including HDTV), IP-based communications traffic, long distance telephony, and secure defense applications. The Mobile Data Communications segment provides mobile satellite transceivers, and computers and satellite earth station network gateways and associated installation, training, and maintenance services; supplies and operates satellite packet data networks, including arranging and providing satellite capacity; and offers microsatellites and related components. The RF Microwave Amplifiers segment designs, develops, manufactures, and markets satellite earth station traveling wave tube amplifiers (TWTA) and broadband amplifiers. Its amplifiers are used in broadcast and broadband satellite communication; defense applications, such as telecommunications systems and electronic warfare systems; and commercial applications comprising oncology treatment systems, as well as to amplify signals carrying voice, video, or data for air-to-satellite-to-ground communications. The company serves satellite systems integrators, wireless and other communication service providers, broadcasters, defense contractors, military, governments, and oil companies. Comtech markets its products through independent representatives and value-added resellers. The company was founded in 1967 and is headquartered in Melville, New York.

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

Joshua Zoepfel, Research Associate, Noble Capital Markets, Inc.

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

NYC NDRS. We spent Tuesday with Comtech CEO Ken Peterman and CFO Michael Bondi in a series of NDRS meeting with institutional investors. Mr. Peterman outlined his transformative vison for the Company to capitalize on significant end market opportunities that play to Comtech’s existing leadership positions in both the terrestrial wireless and satellite communications spaces.

One Comtech. Step one is the implementation of a “One Comtech” vision, dismantling the prior siloed approach. We believe the Company could begin to see the fruits of this change as soon as two or three quarters, with enhanced efficiencies and synergies dropping to the bottom line or, potentially, re-invested in the business.


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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 (CMTL) – A New Chapter

Posted on by cpatches


Wednesday, October 05, 2022

Comtech Telecommunications Corp. engages in the design, development, production, and marketing of products, systems, and services for advanced communications solutions in the United States and internationally. It operates in three segments: Telecommunications Transmission, Mobile Data Communications, and RF Microwave Amplifiers. The Telecommunications Transmission segment provides satellite earth station equipment and systems, over-the-horizon microwave systems, and forward error correction technology, which are used in various commercial and government applications, including backhaul of wireless and cellular traffic, broadcasting (including HDTV), IP-based communications traffic, long distance telephony, and secure defense applications. The Mobile Data Communications segment provides mobile satellite transceivers, and computers and satellite earth station network gateways and associated installation, training, and maintenance services; supplies and operates satellite packet data networks, including arranging and providing satellite capacity; and offers microsatellites and related components. The RF Microwave Amplifiers segment designs, develops, manufactures, and markets satellite earth station traveling wave tube amplifiers (TWTA) and broadband amplifiers. Its amplifiers are used in broadcast and broadband satellite communication; defense applications, such as telecommunications systems and electronic warfare systems; and commercial applications comprising oncology treatment systems, as well as to amplify signals carrying voice, video, or data for air-to-satellite-to-ground communications. The company serves satellite systems integrators, wireless and other communication service providers, broadcasters, defense contractors, military, governments, and oil companies. Comtech markets its products through independent representatives and value-added resellers. The company was founded in 1967 and is headquartered in Melville, New York.

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

Joshua Zoepfel, Research Associate, Noble Capital Markets, Inc.

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

Turn the Page. With the appointment of Ken Peterman as CEO and President, Comtech is entering a new chapter, in our view. With a track record of building and creating sustainable, profitable growth, we believe Mr. Peterman will be able to capitalize on the high-growth opportunity set in front of Comtech.

Convergence. A key theme from Mr. Peterman is the belief of a coming “convergence” between the satellite and space communications and terrestrial and wireless communications, or Comtech’s two core markets. With an unsurpassed skill set across both of these areas, we believe Comtech is uniquely positioned to capitalize on this coming convergence.


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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.