$CMTL (Comtech Telecommunications Corp.)

$CMTL {{ '2016-06-08T22:06:00+0000' | timeago}} • Announcement

$CMTL is on track to deliver an annual run-rate of cost synergies of at least $8MM. The company also indicated that it has begun its annual planning process and is targeting FY17 adjusted EBITDA to range from $70-80MM.

$CMTL {{ '2018-01-11T17:50:54+0000' | timeago}} • Announcement

$CMTL's subsidiary Comtech Systems received an order totaling about $1.7MM to provide troposcatter equipment to a prime contractor. This equipment includes a customized version of its Modular Transportable Transmission System troposcatter terminals to be used as part of an upcoming deployable communications network for an Asia Pacific military.

$CMTL {{ '2017-12-20T20:24:32+0000' | timeago}} • Announcement

$CMTL's subsidiary Comtech Systems received an additional $1.5MM contract during 2Q18 from the Brazilian Military for satellite spares to support an existing system.

$CMTL {{ '2017-12-19T17:24:51+0000' | timeago}} • Announcement

$CMTL's subsidiary Enterprise Technologies group received a maintenance renewal during its 2Q18 worth more than $2.3MM with a key Fortune 100 customer licensing various location-based services (LBS) platforms. This includes Comtech's Xypoint Gateway Mobile Location Center (GMLC) and Secure User Plane Location (SUPL) Server.

$CMTL {{ '2017-12-18T16:26:59+0000' | timeago}} • Announcement

$CMTL's Enterprise Technologies group received a professional services renewal agreement worth $1.4MM during 2Q18 from a leading automotive market provider for various navigation and telematics services.

$CMTL {{ '2017-12-13T20:35:58+0000' | timeago}} • Announcement

Communication products company $CMTL said its subsidiary Comtech Xicom has bagged a $9.4MM contract for supply of Solid-State Power Amplifiers. The system, designed for airborne in-flight connectivity applications, will enable high-speed satellite connectivity in the cabin.

$CMTL {{ '2017-12-06T21:49:13+0000' | timeago}} • Announcement

For FY18, $CMTL expects revenue to be approx. $550-575MM. The company is increasing its FY18 GAAP diluted EPS goal to a new range of $0.44-0.46. Net sales for 2Q18 are expected to be slightly higher than the level achieved in the most recent fiscal quarter but lower than 2Q17.

$CMTL {{ '2017-12-06T21:45:20+0000' | timeago}} • Announcement

$CMTL reported a net loss of $1.7MM or $0.07 per share in 1Q18 compared to a net loss of $2.4MM or $0.11 per share in 1Q17. 1Q18 results do not include the benefit of $2.5MM of BFT-1 intellectual property license fees that $CMTL earned in 1Q17 supporting the US Army's Blue Force Tracking Program. Net sales were $121.6MM versus $135.7MM last year.

$CMTL {{ '2017-11-28T22:14:37+0000' | timeago}} • Announcement

$CMTL said during 1Q18, its Command & Control Technologies group, which is part of the Government Solutions segment, received a contract from a major US space contractor to source and test space components in support of a critical NASA Program. This contract is valued in excess of $8MM and was initially funded in excess of $4MM.

$CMTL {{ '2017-11-07T11:44:59+0000' | timeago}} • Announcement

$CMTL announced that its California-based subsidiary, Comtech Xicom Technology, Inc., has received a production contract for more than $7.7MM from a US military integrator to supply high-power traveling wave tube amplifiers. This is the follow-on order for a multi-year airborne strategic military program.

$CMTL {{ '2017-10-12T19:37:05+0000' | timeago}} • Announcement

$CMTL's subsidiary Enterprise Technologies group received a contract renewal for a GPS-enabled application from a key Fortune 100 customer during its 1Q18. The contract value over the next twelve-months is estimated at $8.4MM.

$CMTL {{ '2017-10-10T16:35:17+0000' | timeago}} • Announcement

$CMTL's subsidiary Comtech Mobile Datacom Corp. received a firm fixed price $6.5MM contract from the Consortium Management Group (CMG) to support the U.S. Army Project Manager Mission Command and the Blue Force Tracking 2 program during its 1Q18.

$CMTL {{ '2017-09-27T21:38:27+0000' | timeago}} • Announcement

For FY18, $CMTL expects to generate revenues between $550MM and $575MM, and forecasts GAAP earnings per share in the range of $0.41 to $0.44. Full year depreciation expense is estimated to be in the $14MM-16MM range, and amortization of stock-based compensation between $9MM and $10MM. Adjusted EBITDA is expected to range between $68MM and $72MM.

$CMTL {{ '2017-09-27T21:28:49+0000' | timeago}} • Announcement

Earnings of communication solutions provider $CMTL grew sharply in 4Q17, supported by a marked decrease in expenses, even as sales dropped 3% to $148MM. Net income jumped to $7.3MM  or $0.31 per share from $2.7MM or $0.14 per share last year. Comtech achieved a company-wide book-to-bill ratio of 0.90 during the quarter.

$CMTL {{ '2017-09-25T21:25:33+0000' | timeago}} • Announcement

$CMTL's Command & Control Technologies group was awarded contract modifications totaling $4.2MM. Of this, $3MM was received in 4Q17 and $1.2MM was received in 1Q18. These contract modifications are part of the five-year BFT-1 sustainment support contract for the US Army.

$CMTL {{ '2017-09-05T16:34:28+0000' | timeago}} • Announcement

$CMTL's Orlando, Florida-based subsidiary Comtech Systems Inc. received an order totaling about $1.5MM to provide additional tactical troposcatter equipment to an international prime contractor during its 4Q17.

$CMTL {{ '2017-08-28T15:25:38+0000' | timeago}} • Announcement

Communication solutions provider $CMTL said that Command & Control Technologies, which is a part of its government solutions segment, has received a $8.6MM contract modification from the U.S. Army. The revision raises the total amount funded on the original order to $90.7MM from $82.1MM, and extends the performance period to July 2018.

$CMTL {{ '2017-08-08T16:25:23+0000' | timeago}} • Announcement

$CMTL's subsidiary Comtech Xicom Technology received $1.9MM of follow-on orders from a domestic integrator for Traveling Wave Tube Amplifiers for a U.S. Government Satellite Communications application during its 4Q17.

$CMTL {{ '2017-08-07T14:45:27+0000' | timeago}} • Announcement

In 4Q17, $CMTL's Enterprise Technologies group, which is part of its Commercial Solutions segment, received a $3.7MM order from a major US mobile network operator for its advanced location platform. The order is part of a multi-year development, deployment and support contract valued at more than $7MM.

$CMTL {{ '2017-08-03T17:38:32+0000' | timeago}} • Webcast

$CMTL unit Comtech PST Corp. has received orders worth about $4.1MM for solid-state, high-power RF amplifiers and control components from multiple domestic OEMs. The orders supplement an installed base of Comtech solid-state, high-power RF amplifiers and control components delivered earlier.

$CMTL {{ '2017-08-02T17:41:33+0000' | timeago}} • Announcement

$CMTL said that during 4Q17, its subsidiary, Comtech Xicom Technology, Inc. received an order for $7.5MM for Solid-State Power Amplifiers (SSPAs) to be used in an airborne, In-Flight Connectivity application. This order will be shipped in FY18.

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