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CMTL's DCG Modems to Aid Digital Transformation: Stock to Gain?
ZACKS· 2024-09-13 02:01
Comtech Telecommunications Corp. (CMTL) recently launched a Digital Common Ground (DCG) portfolio of modems to help the U.S. Department of Defense and coalition partners transition toward a digitized and hybrid satellite network architecture. CMTL Aims to Cater to Evolving Market Demand Built on Comtech's cutting-edge satellite communications (SATCOM) modem portfolio, the DCG product line is designed to serve diverse commercial and government markets on a unified platform. With an open-standard and truly fl ...
Investigation Into Comtech Telecommunications (CMTL) Announced by Hagens Berman
GlobeNewswire News Room· 2024-07-19 20:26
SAN FRANCISCO, July 19, 2024 (GLOBE NEWSWIRE) -- Hagens Berman urges Comtech Telecommunications Corp. (NASDAQ: CMTL) investors who suffered substantial losses to take action by submitting your losses here. Website: www.hbsslaw.com/investor-fraud/cmtl Contact the Firm Now: CMTL@hbsslaw.com Phone: 844-916-0895 Comtech, a Melville, Long Island provider of next-generation 911 technology, faces heightened financial uncertainty after announcing another delay in filing its quarterly financial statements on June 10 ...
Comtech (CMTL) Deploys NG9-1-1 System to Advance Public Safety
ZACKS· 2024-07-13 00:32
Comtech Telecommunications (CMTL) recently completed the installation of the Next Generation 9-1-1 (NG9-1-1) system in the Saskatchewan province of Canada. The company collaborated with SaskTel, a major Emergency Services IP Network (ESInet) provider in the region, to complete the first province-wide migration to NG9-1-1 services.This is part of Comtech's broader initiative to deploy NG9-1-1 systems throughout the country. The company is already working with all the leading ESInet providers in the nation, i ...
CMTL ANNOUNCEMENT: If You Have Suffered Losses in Comtech Telecommunications Corp. (NASDAQ: CMTL), You Are Encouraged to Contact The Rosen Law Firm About Your Rights
GlobeNewswire News Room· 2024-06-29 05:50
NEW YORK, June 28, 2024 (GLOBE NEWSWIRE) -- Why: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Comtech Telecommunications Corp. (NASDAQ: CMTL) resulting from allegations that Comtech may have issued materially misleading business information to the investing public. So what: If you purchased Comtech securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingenc ...
Comtech (CMTL) to Boost Public Safety With NG9-1-1 Services
ZACKS· 2024-06-28 01:55
Comtech Telecommunications (CMTL) recently announced that it had been awarded a contract by the North Central Texas Emergency Communications District (NCT9-1-1) for delivering Next Generation 9-1-1 (NG9-1-1) services to upgrade the telecommunications infrastructure. This partnership aims to modernize the emergency communication capabilities and ensure greater resilience during any critical situation across the regions NCT9-1-1 serves.This contract, valued at approximately $30 million, consists of a five-yea ...
Comtech Telecommunications Investigated for Securities Fraud; Block & Leviton Encourages Investors Who Have Lost Money to Contact the Firm
Newsfilter· 2024-06-27 02:15
BOSTON, June 26, 2024 (GLOBE NEWSWIRE) -- Block & Leviton is investigating Comtech Telecommunications Corp. (NASDAQ:CMTL) for potential securities law violations. Investors who have lost money in their Comtech Telecommunications investment should contact the firm to learn more about how they might recover those losses. For more details, visit https://blockleviton.com/cases/cmtl. What is this all about? On June 10, 2024, Comtech Telecommunications announced a further delay to issuing its financial results, w ...
Rosen Law Firm Encourages Comtech Telecommunications Corp. Investors to Inquire About Securities Class Action Investigation - CMTL
Prnewswire· 2024-06-26 12:14
NEW YORK, June 26, 2024 /PRNewswire/ -- Why: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Comtech Telecommunications Corp. (NASDAQ: CMTL) resulting from allegations that Comtech may have issued materially misleading business information to the investing public.So what: If you purchased Comtech securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee ...
COMTECH ALERT: Bragar Eagel & Squire, P.C. is Investigating Comtech Telecommunications Corp. on Behalf of Comtech Stockholders and Encourages Investors to Contact the Firm
GlobeNewswire News Room· 2024-06-20 09:00
NEW YORK, June 19, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against Comtech Telecommunications Corp. (“Comtech” or the “Company”) (NASDAQ: CMTL) on behalf of Comtech stockholders. Our investigation concerns whether Comtech has violated the federal securities laws and/or engaged in other unlawful business practices. Click here to participate in the action. On March 13, 2024, Comtech issued a press release anno ...
Comtech Telecommunications(CMTL) - 2024 Q3 - Earnings Call Transcript
2024-06-19 14:40
分组1 - 公司完成了222百万美元的再融资,新的信贷融资包括6000万美元的资产抵押贷款和16200万美元的定期贷款,到期日为2028年7月31日 [19][20][21] - 新的信贷融资使公司的资产负债表更加稳健,可以支持业务的改善和增长,客户、供应商和员工对此感到兴奋 [9] - 公司在此期间一直在赢得新业务,展示了技术实力和解决方案的关键性,如获得马萨诸塞州5年期合同,价值超过1.4亿美元 [10][34][35] 分组2 - 公司卫星和空间通信业务收入受到一定影响,主要是由于在完成再融资过程中,暂时减缓了对供应商的采购和产品交付 [28][29] - 公司陆地和无线网络业务收入有所增长,主要来自NG-911和呼叫处理服务 [32] - 公司第三季度调整后EBITDA为1190万美元,占收入的9.3%,略低于上年同期 [37] 问答环节重要的提问和回答 问题1 **Joe Gomes 提问** 询问新的信贷融资中Magnetar和White Hat是否增加了投资,以及融资的利率情况 [45][46] **Michael Bondi 回答** Magnetar和White Hat没有增加新的投资,新的融资利率约为14%,高于之前的10% [46] 问题2 **Mike Crawford 提问** 询问公司如何处理未开票应收账款,特别是在卫星和空间通信业务方面 [60][61][62][63] **Michael Bondi 和 John Ratigan 回答** 公司正在加快供应链和交付,预计在未来3个月内可以恢复正常生产,并在未来几个月内大幅减少未开票应收账款 [61][62][63] 问题3 **Gregory Burns 提问** 询问公司在最近几个季度出现的业务中断是否意味着失去了订单 [75][76][77][78][79][80] **John Ratigan 回答** 公司没有丢失订单,主要是由于客户对公司财务状况的担忧而推迟了一些订单,但随着再融资的完成,这些问题已经得到解决 [78][79][80]
Comtech Telecommunications (CMTL) Q3 Earnings Top Estimates
ZACKS· 2024-06-18 22:41
Comtech Telecommunications (CMTL) came out with quarterly earnings of $0.20 per share, beating the Zacks Consensus Estimate of $0.08 per share. This compares to loss of $0.33 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 150%. A quarter ago, it was expected that this communications company would post earnings of $0.28 per share when it actually produced a loss of $0.15, delivering a surprise of -153.57%.Over the last four qu ...