Comtech Telecommunications（CMTL）株式概要コムテック・テレコミュニケーションズ・コーポレーションは、その子会社とともに、重要な通信技術とソリューションを米国内外で提供している。 詳細CMTL ファンダメンタル分析スノーフレーク・スコア評価3/6将来の成長0/6過去の実績0/6財務の健全性3/6配当金0/6報酬同業他社や業界と比較して、良好な取引価格 リスク分析現在は利益が出ておらず、今後3年間で利益が出る見込みはない US市場と比較した過去 3 か月間の株価の変動すべてのリスクチェックを見るCMTL Community Fair Values Create NarrativeSee what 9 others think this stock is worth. Follow their fair value or set your own to get alerts.Analyst Price TargetsAN6.3% undervaluedAnalystConsensusTarget•9mo agoTransformation Will Reinforce Operations And Open Cloud And Satellite Markets4804Top Analyst NarrativesComtech TelecommunicationsANAnalystConsensusTargetBased on Analyst Price TargetsTransformation Will Reinforce Operations And Open Cloud And Satellite MarketsKey Takeaways Comtech's transformation plan aims to enhance profitability through operational improvements, cost management, and high-margin initiatives. Strategic alliances and divestitures could enhance earnings and financial flexibility amidst growth in satellite and wireless segments.View narrativeUS$6FV6.3% 割安 内在価値ディスカウントSet Fair ValueView48users have viewed this narrative0users have liked this narrative0users have commented on this narrative4users have followed this narrative10 months ago author updated this narrativeView all narrativesComtech Telecommunications Corp. 競合他社KVH IndustriesSymbol: NasdaqGS:KVHIMarket cap: US$180.9mInseegoSymbol: NasdaqGS:INSGMarket cap: US$213.6mOptical CableSymbol: NasdaqGM:OCCMarket cap: US$122.8mAudioCodesSymbol: NasdaqGS:AUDCMarket cap: US$249.4m価格と性能株価の高値、安値、推移の概要Comtech Telecommunications過去の株価現在の株価US$5.6252週高値US$6.2152週安値US$1.71ベータ1.21ヶ月の変化52.72%3ヶ月変化9.77%1年変化161.40%3年間の変化-48.70%5年間の変化-77.26%IPOからの変化116.77%最新ニュースNew Risk • Mar 27New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: US$99.9m This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Currently unprofitable and not forecast to become profitable next year (US$65m net loss next year). Share price has been volatile over the past 3 months (12% average weekly change). Market cap is less than US$100m (US$99.9m market cap).お知らせ • Mar 20TMY Technology Inc. And Comtech Telecommunications Corp. Unveil Advanced User Terminal Solutions For Next-Generation Satellite CommunicationsTMY Technology Inc. (TMYTEK) unveiled advanced user terminal solutions for next-generation satellite communications in collaboration with Comtech Telecommunications Corp. including a cutting-edge software-defined Ku/Ka multi-orbit ESA integrated terminal and a passive slotted-waveguide antenna terminal. By combining Comtech's multi-orbit satellite modems with TMYTEK's electronically steered antenna (ESA) technology, the integrated terminal enables hybrid connectivity across multiple orbital layers, supporting applications spanning commercial broadband, high-altitude platform systems (HAPS), and mission-critical government and defense communications. The passive slotted-waveguide antenna terminal delivers a low-profile, resilient solution for fixed deployments, emergency response, and demanding operational environments where reliable satellite connectivity is essential with limited available energy. Featuring a software-defined phased array design, the multi-orbit terminal integrates Comtech's ELEVATE user terminals with TMYTEK's revolutionary ESA to support seamless connectivity across Geostationary Orbit (GEO), Medium Earth Orbit (MEO), Low Earth Orbit (LEO), and non-terrestrial networks. Its efficient modular design effectively meets rapidly changing market demands, while the software-defined phased array ensures reliable connectivity, facilitating seamless communication. This integration enables always-connected operation for enterprise networks, mobility, critical infrastructure, and emerging commercial use cases. The passive antenna terminal combines Comtech's ELEVATE digital user terminal technology with TMYTEK's passive slotted-waveguide beamforming technology. The terminal enables efficient spectrum utilization while maintaining low power consumption suitable for protection and monitoring of High Power Electrical Grids, critical infrastructure, and Defense applications. While delivering the same Gain as ESA antennas for the same surface area, the slotted-waveguide antenna consumes only 90% of the ESA required energy. Together, these solutions reflect the shared vision of Comtech and TMYTEK to deliver scalable, resilient, and easy-to-deploy satellite terminals that meet the demands of a rapidly evolving connected world. From enterprise-grade networking to remote IoT sites, this collaboration brings forward-looking integration and real-world reliability to the global satellite industry.Seeking Alpha • Mar 19Comtech Telecommunications: Higher-Margin Business Is Paying Off, But Profitability Still Eludes ThemSummary Comtech Telecommunications has transitioned to higher-margin offerings, improving gross margins and nearing operating breakeven despite recent revenue headwinds. CMTL's Satellite segment has exited low-margin contracts, while the Allerium segment remains a stable, profitable contributor. A $732 million backlog and five consecutive EPS beats suggest operational improvements, but government shutdowns and customer concentration pose ongoing risks. I rate CMTL as a hold with a slight bias toward buy, pending clearer evidence of sustainable profitability and margin expansion. Read the full article on Seeking AlphaReported Earnings • Mar 18Second quarter 2026 earnings: Revenues miss analyst expectationsSecond quarter 2026 results: Revenue: US$106.8m (down 16% from 2Q 2025). Net loss: US$13.6m (loss narrowed 39% from 2Q 2025). Revenue missed analyst estimates by 6.2%. Revenue is expected to decline by 1.0% p.a. on average during the next 2 years, while revenues in the Communications industry in the US are expected to grow by 12%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 32 percentage points per year, which is a significant difference in performance.New Risk • Mar 17New major risk - Revenue and earnings growthEarnings have declined by 41% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 41% per year over the past 5 years. Minor Risks Currently unprofitable and not forecast to become profitable next year (US$65m net loss next year). Share price has been volatile over the past 3 months (12% average weekly change).お知らせ • Mar 12Comtech Telecommunications Corp. to Report Q2, 2026 Results on Mar 16, 2026Comtech Telecommunications Corp. announced that they will report Q2, 2026 results After-Market on Mar 16, 2026最新情報をもっと見るRecent updatesNew Risk • Mar 27New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: US$99.9m This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Currently unprofitable and not forecast to become profitable next year (US$65m net loss next year). Share price has been volatile over the past 3 months (12% average weekly change). Market cap is less than US$100m (US$99.9m market cap).お知らせ • Mar 20TMY Technology Inc. And Comtech Telecommunications Corp. Unveil Advanced User Terminal Solutions For Next-Generation Satellite CommunicationsTMY Technology Inc. (TMYTEK) unveiled advanced user terminal solutions for next-generation satellite communications in collaboration with Comtech Telecommunications Corp. including a cutting-edge software-defined Ku/Ka multi-orbit ESA integrated terminal and a passive slotted-waveguide antenna terminal. By combining Comtech's multi-orbit satellite modems with TMYTEK's electronically steered antenna (ESA) technology, the integrated terminal enables hybrid connectivity across multiple orbital layers, supporting applications spanning commercial broadband, high-altitude platform systems (HAPS), and mission-critical government and defense communications. The passive slotted-waveguide antenna terminal delivers a low-profile, resilient solution for fixed deployments, emergency response, and demanding operational environments where reliable satellite connectivity is essential with limited available energy. Featuring a software-defined phased array design, the multi-orbit terminal integrates Comtech's ELEVATE user terminals with TMYTEK's revolutionary ESA to support seamless connectivity across Geostationary Orbit (GEO), Medium Earth Orbit (MEO), Low Earth Orbit (LEO), and non-terrestrial networks. Its efficient modular design effectively meets rapidly changing market demands, while the software-defined phased array ensures reliable connectivity, facilitating seamless communication. This integration enables always-connected operation for enterprise networks, mobility, critical infrastructure, and emerging commercial use cases. The passive antenna terminal combines Comtech's ELEVATE digital user terminal technology with TMYTEK's passive slotted-waveguide beamforming technology. The terminal enables efficient spectrum utilization while maintaining low power consumption suitable for protection and monitoring of High Power Electrical Grids, critical infrastructure, and Defense applications. While delivering the same Gain as ESA antennas for the same surface area, the slotted-waveguide antenna consumes only 90% of the ESA required energy. Together, these solutions reflect the shared vision of Comtech and TMYTEK to deliver scalable, resilient, and easy-to-deploy satellite terminals that meet the demands of a rapidly evolving connected world. From enterprise-grade networking to remote IoT sites, this collaboration brings forward-looking integration and real-world reliability to the global satellite industry.Seeking Alpha • Mar 19Comtech Telecommunications: Higher-Margin Business Is Paying Off, But Profitability Still Eludes ThemSummary Comtech Telecommunications has transitioned to higher-margin offerings, improving gross margins and nearing operating breakeven despite recent revenue headwinds. CMTL's Satellite segment has exited low-margin contracts, while the Allerium segment remains a stable, profitable contributor. A $732 million backlog and five consecutive EPS beats suggest operational improvements, but government shutdowns and customer concentration pose ongoing risks. I rate CMTL as a hold with a slight bias toward buy, pending clearer evidence of sustainable profitability and margin expansion. Read the full article on Seeking AlphaReported Earnings • Mar 18Second quarter 2026 earnings: Revenues miss analyst expectationsSecond quarter 2026 results: Revenue: US$106.8m (down 16% from 2Q 2025). Net loss: US$13.6m (loss narrowed 39% from 2Q 2025). Revenue missed analyst estimates by 6.2%. Revenue is expected to decline by 1.0% p.a. on average during the next 2 years, while revenues in the Communications industry in the US are expected to grow by 12%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 32 percentage points per year, which is a significant difference in performance.New Risk • Mar 17New major risk - Revenue and earnings growthEarnings have declined by 41% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 41% per year over the past 5 years. Minor Risks Currently unprofitable and not forecast to become profitable next year (US$65m net loss next year). Share price has been volatile over the past 3 months (12% average weekly change).お知らせ • Mar 12Comtech Telecommunications Corp. to Report Q2, 2026 Results on Mar 16, 2026Comtech Telecommunications Corp. announced that they will report Q2, 2026 results After-Market on Mar 16, 2026お知らせ • Mar 05Comtech Telecommunications Corp. Delivers First DCG-7000 High Speed Small Form Factor Modems To Lite Coms For Industry TestingComtech Telecommunications Corp. had announced the delivery of its Digital Common Ground (DCG)-7000 modems to Lite Coms for testing. This milestone marks a major advancement for Comtech’s DCG product line and reinforces the Company’s commitment to enabling next-generation secure and interoperable satellite communications (SATCOM) for government and commercial customers. Comtech’s DCG-7000 modems are being integrated with Lite Coms’ antenna systems to validate interoperability and performance across diverse ground terminal configurations. Lite Coms also recently became the first company to successfully test a DCG-7000 modem from Comtech’s production line, underscoring the collaborative innovation behind the modem and its inherent interoperability and ease of use. Built on Comtech’s U.S. sovereign-designed DCG portfolio, the DCG-7000 modem provides advanced flexibility and performance through a software-defined architecture that supports rapid reconfiguration to meet evolving customer requirements. The DCG portfolio is designed to enable digitized hybrid satellite network architectures bringing forward a new era of secure, resilient and ubiquitous connectivity across all environments. Customer Value and Operational Benefits of DCG-7000: Multi-Orbit Capability and Interoperability: Seamless access to commercial and purpose-built networks aligned with digital transformation and modernization initiatives. Performance: Superior speed and performance in an exceptionally small size weight and power (SWaP) form factor. Waveform Flexibility: Supports DVB-S2X, and other protected waveforms with the ability to add new capabilities, such as DSSS, via software updates. Security: Incorporates modern cybersecurity design principles including integrated Transmission Security (TRANSEC) for over-the-air transmission. Comtech is currently accepting orders for its DCG product line.Buy Or Sell Opportunity • Feb 24Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 85% to US$5.60. The fair value is estimated to be US$4.64, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 65%. Revenue is forecast to decline by 6.5% in a year. Earnings are forecast to grow by 3.1% in the next year.Buy Or Sell Opportunity • Feb 06Now 24% overvalued after recent price riseOver the last 90 days, the stock has risen 88% to US$5.70. The fair value is estimated to be US$4.59, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 65%. Revenue is forecast to decline by 6.5% in a year. Earnings are forecast to grow by 3.1% in the next year.分析記事 • Feb 05Why Comtech Telecommunications Corp. (NASDAQ:CMTL) Could Be Worth WatchingComtech Telecommunications Corp. ( NASDAQ:CMTL ), might not be a large cap stock, but it led the NASDAQGS gainers with...お知らせ • Jan 30Wendi B. Carpenter Not to Stand for Re-Election as Director of Comtech Telecommunications Corp. at the Annual Meeting of Stockholders to Occur on March 9, 2026On January 23, 2026, Wendi B. Carpenter, a current director of Comtech Telecommunications Corp. notified the Company of her intention to retire as a director from the Company’s Board of Directors (the “Board”) and not stand for re-election at the Company’s Fiscal 2025 Annual Meeting of Stockholders, scheduled to occur on March 9, 2026 (the “Fiscal 2025 Annual Meeting”). Ms. Carpenter will continue to serve the remainder of her term on the Board which will expire at the Fiscal 2025 Annual Meeting. Ms. Carpenter’s decision to retire and not seek re-election to the Board was not the result of any disagreement with the Company or the Board. Both the Company and the Board thank Ms. Carpenter for her dedication and years of service as a director. In connection with Ms. Carpenter’s retirement, the size of the Board will be reduced to seven members, effective upon the conclusion of Ms. Carpenter’s term of service at the Fiscal 2025 Annual Meeting.Board Change • Jan 30High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Mary Raymond was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.お知らせ • Jan 27Comtech Telecommunications Corp., Annual General Meeting, Mar 09, 2026Comtech Telecommunications Corp., Annual General Meeting, Mar 09, 2026.お知らせ • Dec 12Comtech Telecommunications Corp. Appoints Mary Jane Raymond as Independent Director, Effective December 11, 2025Comtech Telecommunications Corp. announced that its Board of Directors has appointed Mary Jane Raymond as an independent director, effective December 11, 2025. Following Ms. Raymond’s appointment, the Board consists of eight directors. Ms. Raymond brings more than three decades of public company finance and governance experience. From 2014 through 2024, she served as Chief Financial Officer of Coherent Corp., formerly II-VI Incorporated, a global leader in engineered materials and optoelectronic components with revenue exceeding $5.8 billion. She previously held senior finance, risk management and M&A roles at Hudson Global, Dun & Bradstreet, Lucent Technologies and Cummins Engine Company. Since 2019, Ms. Raymond has served as an independent director and member of the Audit Committee of Veeco Instruments Inc., a semiconductor and compound semiconductor process equipment company. Ms. Raymond served as Chief Financial Officer of Coherent Corp., formerly II-VI Incorporated, from 2014 through 2024, where she oversaw global finance, treasury, tax and investor relations and played a key role in financing and integrating multiple strategic acquisitions. From 2005 to 2013, she was Executive Vice President and Chief Financial Officer of Hudson Global Inc., where she led the company’s global finance organization and supported a multiyear portfolio rationalization and capital structure improvement. Earlier in her career, Ms. Raymond held senior positions including Chief Risk Officer and Principal Accounting Officer and Corporate Controller at Dun & Bradstreet, Vice President of Merger Integration at Lucent Technologies, and a series of finance, strategy and general management roles at Cummins Engine Company. She is a Certified Management Accountant and an NACD Certified Director and currently serves on the Board of Directors and Audit Committee of Veeco Instruments Inc., in addition to her service on several non-profit boards over the course of her career.お知らせ • Dec 08Comtech Telecommunications Corp. to Report Q1, 2026 Results on Dec 11, 2025Comtech Telecommunications Corp. announced that they will report Q1, 2026 results After-Market on Dec 11, 2025お知らせ • Nov 06Comtech Telecommunications Corp. to Report Q4, 2025 Results on Nov 10, 2025Comtech Telecommunications Corp. announced that they will report Q4, 2025 results at 4:00 PM, US Eastern Standard Time on Nov 10, 2025お知らせ • Oct 31Comtech Telecommunications Corp. announced delayed annual 10-K filingOn 10/30/2025, Comtech Telecommunications Corp. announced that they will be unable to file their next 10-K by the deadline required by the SEC.分析記事 • Sep 26Improved Revenues Required Before Comtech Telecommunications Corp. (NASDAQ:CMTL) Stock's 30% Jump Looks JustifiedComtech Telecommunications Corp. ( NASDAQ:CMTL ) shares have had a really impressive month, gaining 30% after a shaky...お知らせ • Sep 12Comtech’s SLM-5650B Becomes First Sovereign-certified Modem to Operate on SES’s O3b mPOWER MEO Satellite ConstellationComtech Telecommunications Corp. announced the company's software defined SLM-5650B became the first sovereign-certified modem to receive Government Terminal Certification to operate on SES's Medium Earth Orbit O3b mPOWER satellite constellation. Operating on the high-throughput low-latency O3b mPOWER system, Comtech's SLM-5650B will provide critical hybrid communications services to Department of Defense ("DoD") and coalition customers in some of the world's most challenging geographies. SES's certification is unlocking new opportunities for the DoD users that require secure and reliable service and increasingly seeking greater communications sovereignty for critical missions. Developed and manufactured at the Company's corporate headquarters in Chandler, AZ, Comtech's SLM - SLM-5650B is a market leading Wideband Global SATCOM ("WGS") certified modem designed to deliver critical communications services including government and military applications. The software-defined SLM-5650B currently supports multiple critical DoD and NATO waveforms including STANAG 4486 Ed3 ("EBEM"), Direct Sequence Spread Spectrum ("DSSS"), and DVB-S2X, with the ability to add more waveforms and functions to meet emerging mission needs. Comtech's portfolio of defense technologies, including the SLM-5650B, are uniquely designed to deliver capabilities that will enhance Combined Joint All Domain Command and Control operations. Comtech's expansive portfolio of defense technologies is designed to continuously evolve over time to enable digitalized SATCOM ground network infrastructures needed to maintain a strategic advantage in today's rapidly evolving threat environment.Board Change • Sep 01High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Lloyd Sprung was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.お知らせ • Aug 19Comtech Telecommunications Corp. Appoints Lloyd A. Sprung to Its Board of Directors, Effective August 18, 2025Comtech Telecommunications Corp. announced that its Board of Directors has appointed Lloyd A. Sprung as an independent director, effective August 18, 2025. Mr. Sprung possesses more than three decades of corporate finance and capital markets experience, having held senior executive roles at leading investment banks including Evercore and UBS. He is currently the managing member of LAS Advisors, an independent financial and strategic advisory firm. Mr. Sprung, age 55, is the Managing Member of LAS Advisors, an independent financial and strategic advisory firm he founded in January 2024. He previously served as Managing Director at UBS from August 2017 to December 2023, during which he led the Restructuring and Private Debt Advisory practices. Prior to this, he served as Senior Managing Director at Evercore from April 2011 to May 2017, Managing Director at Miller Buckfire from 2001 to 2010 and previously Vice President at Merrill Lynch. Mr. Sprung obtained his Bachelor of Arts degree in Economics from the University of Pennsylvania and a Master of Business Administration as a Baker Scholar from Harvard Business School.ナラティブの更新 • Aug 11Transformation Will Reinforce Operations And Open Cloud And Satellite MarketsComtech Telecommunications’ consensus price target was raised to $6.00, as analysts cited strong Q3 revenue and EBITDA outperformance, though caution persists over weak bookings, balance sheet risks, and the need for asset sales to address financial obligations. Analyst Commentary Q3 revenue and EBITDA materially beat expectations, demonstrating operational outperformance.分析記事 • Aug 09Why Investors Shouldn't Be Surprised By Comtech Telecommunications Corp.'s (NASDAQ:CMTL) 29% Share Price PlungeNasdaqGS:CMTL 1 Year Share Price vs Fair Value Explore Comtech Telecommunications's Fair Values from the Community and...お知らせ • Jul 09Comtech Telecommunications Corp. Announces Executive Appointments Within Its Satellite and Space Communications SegmentsComtech Telecommunications Corp. announced three key leadership appointments within its Satellite and Space Communications (“S&S”) segment. These appointments include Steve Black as the new Chief Operating Officer (“COO”), Mark Dale as the new Chief Technology Officer (“CTO”) and Brent Norman as the new Chief Financial Officer (“CFO”); each reporting to Daniel Gizinski, President of Comtech's S&S segment. Steve Black, appointed COO of S&S in May 2025, brings nearly three decades of differentiated industry knowledge and operational expertise to Comtech. Prior to joining the Company, he served as Vice President and General Manager of General Dynamics’ Advanced Manufacturing Group, and previously held leadership roles at L3Harris, including Director of Integrated Business Operations for the company’s Commercial Aviation Sector. As COO of S&S, Mr. Black will oversee and optimize all operational processes across the segment, ensuring Comtech continues to reliably deliver advanced, trusted products on accelerated timelines while driving cost-effective production and maintaining exceptional quality standards. Mark Dale, appointed CTO of S&S in June 2025, brings a deep blend of technical expertise and customer insight gained over nearly three decades in the satellite and broadband wireless communications sectors. Previously serving as a Senior Technical Fellow at Comtech, Dr. Dale has held key leadership positions at Kratos Defense & Security Solutions, Viasat, and Broadcom. In his new role, Dr. Dale will lead engineering teams in designing and deploying next-generation satellite communications solutions while closely partnering with customers to align technology roadmaps and architectures. Brent Norman, appointed CFO of S&S in June 2025, will lead all financial reporting, planning, budgeting, and analysis efforts, as well as manage investments and ensure regulatory compliance. With an extensive background spanning financial leadership roles at General Dynamics and L3Harris, Mr. Norman will focus on strengthening the segment’s financial foundation and identifying new avenues for value creation. These leadership appointments reflect Comtech’s continued commitment to its ongoing transformation strategy, first announced in January 2025, which includes enhancing the operational structure of the S&S segment with a focus on delivering a strategic set of next-generation, mission-critical satellite communications systems to commercial and government customers across the globe.Reported Earnings • Jun 10Third quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2025 results: US$0.49 loss per share (further deteriorated from US$0.036 loss in 3Q 2024). Revenue: US$126.8m (down 1.0% from 3Q 2024). Net loss: US$14.5m (loss widened US$13.4m from 3Q 2024). Revenue exceeded analyst estimates by 2.2%. Earnings per share (EPS) missed analyst estimates by 1.4%. Revenue is forecast to stay flat during the next 3 years compared to a 7.5% growth forecast for the Communications industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 46 percentage points per year, which is a significant difference in performance.お知らせ • Jun 05Comtech Telecommunications Corp. to Report Q3, 2025 Results on Jun 09, 2025Comtech Telecommunications Corp. announced that they will report Q3, 2025 results After-Market on Jun 09, 2025分析記事 • May 17Comtech Telecommunications Corp.'s (NASDAQ:CMTL) Price Is Right But Growth Is Lacking After Shares Rocket 41%Comtech Telecommunications Corp. ( NASDAQ:CMTL ) shareholders are no doubt pleased to see that the share price has...新しいナラティブ • Apr 08Transformation Will Reinforce Operations And Open Cloud And Satellite Markets Comtech's transformation plan aims to enhance profitability through operational improvements, cost management, and high-margin initiatives. Price Target Changed • Mar 16Price target decreased by 9.1% to US$5.00Down from US$5.50, the current price target is an average from 2 analysts. New target price is 184% above last closing price of US$1.76. Stock is down 62% over the past year. The company is forecast to post a net loss per share of US$5.68 next year compared to a net loss per share of US$4.70 last year.Board Change • Mar 16High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Dave Kagan was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.お知らせ • Mar 11Comtech Telecommunications Corp. to Report Q2, 2025 Results on Mar 12, 2025Comtech Telecommunications Corp. announced that they will report Q2, 2025 results After-Market on Mar 12, 2025お知らせ • Mar 01Comtech Telecommunications Corp. Unveils New ELEVATE 2.0 Multi-Orbit Satcom Platform for Global CustomersComtech Telecommunications Corp. announced the launch of the Company's new ELEVATE 2.0 multi-orbit satellite communications ("SATCOM") platform. Built on the Company's field-proven, multi-orbit Very Small Aperture Terminal ("VSAT") products and nearly 60 years of experience developing innovative SATCOM ground systems for global customers, Comtech's ELEVATE 2.0 is designed to connect people across the globe with the best available networks on all SATCOM orbits in a single low Size Weight and Power ("SWaP") platform. Designed from the ground up as a software-defined network architecture, ELEVATE 2.0 leverages the best of the Company's existing VSAT platforms and integrates new capabilities to meet customer demands for a solution that can deliver global connectivity by easily roaming across the best available networks, whether over Very High Throughput Satellites ("V-HTS"), Low Earth Orbit ("LEO") constellations, Geostationary Earth Orbit ("GEO") networks, or any other constellation with a single low SWaP platform. Other operational advantages for customers include: Disaggregated Architecture: ELEVATE 2.0 provides adisaggregated architecture which comprises very low-cost wideband hardware processor at the teleport and centralized packet processing in software at a data center--offering extensive scalability and unique flexibility options for new and existing SATCOMconstations across all orbital regimes. Increased Bandwidth and Processing Power: ELEVATE 2. 0 offers customers up to a three-fold increase in bandwidth and up to eight times greater processing density compared to the Company's existing VSAT model. Enhanced Cybersecurity Features: ELEVATE 2.1 implements zero trust architecture with authentication and encryption. Real-time Upgrades: The software-defined nature of Comtech's ELEVATE2.0 platform enables the system to keep space with the upgrade cycles necessary in today's rapidly evolving SATCOM market. Low SWaP: ELEVATE 2.2 provides ultra compact terminals and portable gateways, reducing the SWaP of the Company's existing VSat platforms by a factor ranging from 2 to 8 depending on the configuration.お知らせ • Feb 19Comtech Telecommunications Corp. Appoints David B. Kagan to Its Board of DirectorsComtech Telecommunications Corp. announced that the Comtech Board of Directors has appointed David (Dave) B. Kagan as an independent director to the Board, effective February 13, 2025. Mr. Kagan has deep experience leading satellite communications companies over the course of his career, which spans more than 35 years. Most recently, he served as CEO of Globalstar, where he drove significant top and bottom line improvements. He also expanded Globalstar’s services beyond the legacy of one-way messaging and GPS to focus on satellite IoT and was a key contributor in securing the industry's first service offering enabling direct-to-device satellite capability. Before that, he served in leadership roles at ITC Global, Globe Wireless and Spacenet, among others. About David B. Kagan: Mr. Kagan, 63, served as chief executive officer of Globalstar Inc. from September 2018 to September 2023, where he also served as president and chief operating officer from December 2017 to September 2018 and from January 2016 to March 2017. From March 2017 to November 2017, he was the chief operating officer of SpeedCast International Limited. Mr. Kagan previously served as president of ITC Global LLC from August 2014 to September 2015, and president and chief executive officer of Globe Wireless LLC from June 2011 until it was sold to Inmarsat in August 2014. Prior to that, he served as president and chief executive officer of Maritime Telecommunications Network from January 1997 to December 2008. Mr. Kagan currently serves on the Boards of KVH Industries Inc. and AscendArc Inc., and was inducted into the Satellite Hall of Fame in March 2023. He holds a master’s degree of Business Administration from Florida Atlantic University and a bachelor’s degree in both Finance and Marketing from the University of South Florida, Tampa.お知らせ • Feb 13Comtech Telecommunications Corp. Launches Multipath Radio PlatformComtech Telecommunications Corp. announced the launch of the Company's new multipath radio ("MPR") platform. As the first-ever terrestrial high data rate over-the-horizon integrated radio of its kind, MPR will empower first responders, warfighters, and commercial operators with new high data rate communications capabilities on a single antenna agnostic platform. Built on the proven success of Comtech's next-generation Troposcatter systems, the MPR platform's multimode functionality, diverse antenna support, and advanced signal processing techniques empower users to establish secure, reliable and resilient communications links in challenging environments where traditional radios struggle. MPR supports line-of-sight ("LOS"), obstructed-line-of-sight ("OLOS"), and beyond-line-of-sight (BLOS") scenarios. Leveraging over 40 years of multipath radio technology leadership, Comtech's MPR is revolutionizing high data rate communications capabilities by providing a rapidly deployable, transportable, low SWAP solution for military and commercial operators. Comtech's Multipath Mitigation Technology Advantage: reliable communications in diverse environments are essential for military and critical infrastructure applications. However, multipath propagation, where radio signals travel along multiple paths before reaching the end user, disrupts signal integrity, causing a drop in communications or total loss of connectivity. Operational Value for End Users: BLOS without SATCOM: MPR provides real-time data connectivity over-the-horizon up to 150 miles; this capability can be critical in satellite contested environments or when limited space segment is available. Reliable Communications: The MPR ensures clear and consistent communications across echelons, overcoming signal degradation caused by terrain or obstacles. Enhanced Situational Awareness: Reliable data exchange facilitates a shared understanding of a variety of scenarios ranging from military operations to disaster response, which is crucial for informed decision-making. Improved Interoperability: The MPR is over the air compatible with Comtech's entire Family of Troposcatter Systems. To enhance network and information interoperability, MPR provides an easy-to-use Layer 2 interface integration package for all IP based MESH and MANET radio networks. Common Digital Architecture: MPR is designed to leverage a common digital architecture across the Company's other product lines, including Comtech's Digital Common Ground modems. Low SWAP: The MPR provides users maximum SWAP flexibility against varied environments. The small footprint and rapid set up provide users with a true expeditionary capability. Enhancements: Comtech's MPR has a series of planned enhancements, including point-to-multi-point, which will allow simultaneous communications to multiple on-the-move platforms and stationary sites, eliminating the need for multiple systems at the hub location.お知らせ • Jan 16Comtech Telecommunications Corp. Announces Unaudited Impairment Charges for the Three Months Ended October 31, 2024Comtech Telecommunications Corp. announced unaudited impairment charges for the three months ended October 31, 2024. For the quarter, the company reported Impairment of long-lived assets, including goodwill of $79,555,000.お知らせ • Jan 14+ 1 more updateComtech Telecommunications Corp. Announces Executive ChangesComtech Telecommunications Corp. announced that its Board of Directors has named Ken Traub as President, replacing John Ratigan effective immediately. Mr. Traub is leading a comprehensive transformation of Comtech. Some highlights of this transformation include: Operational Discipline and Rightsizing. Comtech is taking decisive action to improve processes, streamline product lines, optimize staffing and sharpen its organizational focus. These actions are expected to result in significant cost savings and working capital efficiencies, particularly in the Company’s Satellite & Space Communications (“S&S”) segment, and position Comtech to generate sustainable positive cash flow. Support and Grow Successful Business Units. The Company’s Terrestrial & Wireless Networks (“T&W”) segment is poised for continued strong growth, driven by the need for nontraditional methods to request emergency help from new devices and the segment’s new initiatives in public safety technologies. The growth of the Company’s carrier business will be supported by its latest cloud-agnostic 5G passive and emergency location, messaging and alerting services. In the S&S segment, Comtech is strong in designing, manufacturing and supporting sophisticated communications equipment for both defense and commercial users that rely on the Company to provide mission-critical communications infrastructure. Comtech will prudently invest in and support these successful businesses and capitalize on opportunities to build and monetize these valuable assets. Strategic Alternatives Process. The Comtech Board, under Mr. Traub’s leadership, will conduct a comprehensive review of strategic alternatives and explore a range of potential transactions to enhance Comtech’s strategic focus and strengthen the Company’s balance sheet. This process is a broadening of the previously announced review of strategic alternatives for the T&W segment and will include various alternatives for the S&S segment. Strengthening the Capital Structure. Comtech had available liquidity of approximately $30 million of cash and equivalents as of both October 31, 2024 and January 10, 2025. The Company is positioned to generate positive cash flow over the coming months through implementation of the initiatives described above and will consider opportunities to strengthen its capital structure.お知らせ • Jan 10Comtech Telecommunications Corp. to Report Q1, 2025 Results on Jan 13, 2025Comtech Telecommunications Corp. announced that they will report Q1, 2025 results Pre-Market on Jan 13, 2025お知らせ • Dec 24Comtech Telecommunications Corp. Receives Non-Compliance Letter from NasdaqOn December 18, 2024, Comtech Telecommunications Corp. (Comtech" or the Company") received a letter (the Letter") from the Nasdaq Listing Qualifications Department of the Nasdaq Stock Market (Nasdaq") notifying the Company that it is not in compliance with periodic requirements for continued listing set in Nasdaq Listing Rule 5250(c)(1) (the Listing Rule") because the Company's Quarterly Report on Form 10-Q for the period ended October 31, 2024 (the Report") was not filed with the Securities and Exchange Commission (the SEC") by the required extended due date of December 16, 2024. This Letter received from Nasdaq has no immediate effect on the listing or trading of the Company's shares. The Letter states that the Company has 60 calendar days, or by February 17, 2025, to submit to Nasdaq its plan to regain compliance with the Listing Rule. Pursuant to the Letter, if Nasdaq accepts the plan, Nasdaq can grant an exception of up to 180 calendar days from the Report's due date, or until June 16, 2025, to regain compliance. If Nasdaq does not accept the plan, the Company will have the opportunity to appeal that decision to a Nasdaq Hearings Panel. The Company is diligently working to complete its Report, and the Company expects to complete and file its Report with the SEC to regain compliance with the Listing Rule prior to the expiration of the 60 day period.お知らせ • Dec 17Comtech Telecommunications Corp. announced delayed amended 10-Q filingOn 12/16/2024, Comtech Telecommunications Corp. announced that they will be unable to file their amended 10-Q by the deadline required by the SEC.お知らせ • Dec 12Comtech Telecommunications Corp. announced delayed 10-Q filingOn 12/11/2024, Comtech Telecommunications Corp. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.お知らせ • Nov 28+ 1 more updateComtech Telecommunications Corp., Annual General Meeting, Jan 13, 2025Comtech Telecommunications Corp., Annual General Meeting, Jan 13, 2025.お知らせ • Nov 21Comtech Appoints Michael Hildebrandt as New Independent DirectorComtech Telecommunications Corp. announced that its Board of Directors entered into a cooperation agreement with Michael Porcelain, Fred Kornberg, and Oleg Timoshenko (the “Investor Group”). Pursuant to the agreement: Comtech has appointed Michael Hildebrandt, Senior Investment Professional at Freshford Capital Management, to the Board, effective immediately; The Board will appoint an additional new independent director mutually acceptable to both Comtech and the Investor Group (the “Additional Director”); Two of Comtech's current directors will not stand for reelection at the Company’s Fiscal 2024 Annual Meeting of Stockholders; With these changes, upon the appointment of the Additional Director, four new directors will have been appointed to the Board since October 28, 2024. Michael Hildebrandt, age 52, currently serves as a Senior Investment Professional at Freshford Capital, an advisory firm providing investment advice and management services to clients, since February 2011. At Freshford Capital, Mr. Hildebrandt invests in industry verticals, including government and construction services, energy, space and satellite, telecom, media and special situations. Prior to joining Freshford Capital, Mr. Hildebrandt held senior investment roles at Silver Capital Management LLC, a multi-strategy investment fund, and GAMCO Investors Inc., a global investment management company, where he focused on special situations and private equity initiatives. Earlier in his career, he served as a Private Equity Associate at Aurora Capital and as an Investment Banking Analyst at Salomon Brothers, specializing in mergers and acquisitions within the industrial sector.お知らせ • Nov 20Comtech Appoints Daniel Gizinski as New President of Satellite & Space Communications SegmentComtech Telecommunications Corp. announced the appointment of Daniel Gizinski as President of the Company’s Satellite & Space Communications (“S&S”) segment. With extensive industry leadership experience and a collaborative, hands-on approach to solving customer challenges, Gizinski will play a central role in advancing Comtech’s S&S strategy, including its expanding portfolio of next-generation satellite solutions and vision as a pure-play satellite and space communications company. Gizinski brings over 15 years of experience in satellite communications engineering, operations, product strategy and executive management to his new role as President of the S&S segment, including key leadership positions throughout the Comtech organization. With a proven track record of driving growth and fostering innovation, he will oversee all aspects of the S&S segment, including product development, operations, and market expansion. Gizinski will also lead new initiatives to strengthen Comtech’s global partnerships and enhance the Company’s S&S offerings to meet the evolving demands of government, commercial, and international markets. Gizinski’s appointment underscores Comtech’s ongoing commitment to delivering trusted, resilient multi-orbit connectivity and communications solutions to some of the world’s most demanding customers. Prior to his appointment as President of the Company’s S&S segment, Gizinski served as Chief Strategy Officer and President of the Comtech Satellite Network Technologies (“CSNTI”) division. Gizinski also held prior appointments as the Company’s Chief Strategy Officer from 2022-2024 and President of CSNTI in 2022. During his tenure at Comtech, he has held various senior management positions, including serving as Vice President of Product and Strategy for Comtech Systems Inc. Earlier in his career, Gizinski held program management and leadership roles at General Electric, Sierra Nevada Corporation, and L3Harris Technologies. Gizinski holds a bachelor’s degree in electrical engineering from the University of Virginia and a master’s degree from Duke University.お知らせ • Oct 31+ 1 more updateComtech Telecommunications Corp. Appoints John Ratigan as Chief Executive OfficerComtech Telecommunications Corp. announced that its Board of Directors has appointed John Ratigan as Chief Executive Officer, effective October 28, 2024. Mr. Ratigan has been serving as Comtech’s interim CEO since March 2024. Mr. Ratigan is an accomplished executive with over three decades of senior leadership experience and expertise in the global satellite technology sector. He joined Comtech in November 2023 as the Company’s first Chief Corporate Development Officer. Mr. Ratigan was previously CEO and President of iDirect Government, LLC, a provider of satellite communications solutions to the U.S. government, and ran East Coast operations for Fairchild Data Corporation and EF Data Corp., in both instances overseeing substantial growth and value creation. Mr. Ratigan has more than 30 years of leadership experience in satellite and space communications. He has served as Comtech’s interim CEO since March 2024 after joining the Company in November 2023 as Chief Corporate Development Officer. He previously served as CEO and President of iDirect Government, LLC and as an Executive Committee Member of ST Engineering iDirect Inc. During his tenure, he grew iDirect Government to over $100 million in annual revenue and spearheaded the acquisition of GlowLink Communications Technologies Inc. and its unique interference mitigation technology (CSIR), which helped the company become the larger provider of Time Division Multiple Access (TDMA) SATCOM capabilities. Earlier in his career, Mr. Ratigan ran East Coast operations for Fairchild Data Corporation and EF Data Corp., which is now a part of Comtech. During his time at EF Data, he was instrumental in helping the company grow from $20 million to $120 million in revenue in under eight years. Prior to that, Mr. Ratigan held the position of Senior Vice President of North and South American sales for the start-up BroadLogic Network Technologies Inc. He began his career in the United States Senate working for Senator Bill Armstrong (R-Colorado) and held multiple sales positions with the Xerox Corporation as a member of the legal sales team. Mr. Ratigan holds a Bachelor of Science in Marketing from the University of Maryland.Seeking Alpha • Oct 19Comtech's Restructuring Is Risky And Only Makes Sense Under Very Optimistic AssumptionsSummary Comtech Telecommunications is a telecommunications equipment and infrastructure company involved in satellite equipment and emergency call networks. The company has been mismanaged for years, with high CEO rotation, and a difficult leverage position. This week the company announced the decision to sell one of its two segments, a default waiver, and problems to file its 10-K on time. Analyzing different divestment scenarios, Comtech only seems a reasonable investment under very optimistic conditions. For that reason, it is not an opportunity. Read the full article on Seeking Alphaお知らせ • Oct 17Comtech Telecommunications Corp. announced delayed annual 10-K filingOn 10/16/2024, Comtech Telecommunications Corp. announced that they will be unable to file their next 10-K by the deadline required by the SEC.お知らせ • Sep 24Michael Porcelain Issues an Open Letter to Shareholders of Comtech TelecommunicationsOn September 23, 2024, Michael Porcelain announced that he has nominated a slate of 8 director candidates Keith Hall, Michael Hildebrandt, Fred Kornberg, Michael Porcelain, Robert Schassler, Sanyogita Shamsunder, Oleg Timoshenko, Jay Whitehurst, at the upcoming 2024 Annual Meeting of Stockholders. In addition, Michael Porcelain until new directors are elected ask the Board to follow the advice and issued recommendations regarding leadership change disclosures, CEO & COO search process, evaluate strategic options, assess capital structure & financing, enhance core business units, optimize operational efficiency, invest in innovation, establish targeted profit centers, ensure consistency in sec and marketing communications. Further, Michael Porcelain called the Company to evaluate strategic alternatives for the 911 public safety business and believed a carefully planned and well-executed sale process, similar to Rave Mobile Safety, Inc.'s $553.0 million sale to Motorola, could unlock substantial stockholder value, and proceeds from the sale could be used to eliminate all long-term debt and redeem the existing outstanding preferred stock.お知らせ • Sep 21Michael Porcelain Nominates Candidates to Comtech TelecommunicationsOn September 20, 2024, Michael Porcelain announced that on September 13, 2024, Porcelain delivered a letter to Comtech Telecommunications Corp nominating a slate of 8 qualified director candidates, including Porcelain, Keith Hall, Michael Hildebrandt, Fred Kornberg, Robert Schassler, Sanyogita Shamsunder, Oleg Timoshenko, and Jay Whitehurst, for election to the Board at the Company’s 2024 annual meeting of stockholders.分析記事 • Sep 12Comtech Telecommunications Corp.'s (NASDAQ:CMTL) Prospects Need A Boost To Lift SharesWhen you see that almost half of the companies in the Communications industry in the United States have price-to-sales...Price Target Changed • Sep 10Price target decreased by 37% to US$9.25Down from US$14.69, the current price target is an average from 3 analysts. New target price is 218% above last closing price of US$2.91. Stock is down 66% over the past year. The company is forecast to post a net loss per share of US$1.34 next year compared to a net loss per share of US$1.21 last year.Price Target Changed • Jul 29Price target decreased by 19% to US$11.94Down from US$14.69, the current price target is an average from 4 analysts. New target price is 251% above last closing price of US$3.40. Stock is down 67% over the past year. The company is forecast to post a net loss per share of US$1.34 next year compared to a net loss per share of US$1.21 last year.お知らせ • Jul 12Comtech Completes First Province-Wide Migration to NG9-1-1 Infrastructure in CanadaComtech announced it recently completed the full migration and deployment of a Next Generation 9-1-1 (“NG9-1-1”) system in Saskatchewan—marking a significant milestone for the Company and Canada’s NG9-1-1 infrastructure. In October 2023, Comtech helped Strathcona County in Alberta become Canada's first Public Safety Answering Point (“PSAP”) to transition to NG9-1-1 services. With the Saskatchewan NG9-1-1 deployment, Comtech is now the first company, in partnership with leading Emergency Services IP Network (“ESInet”) provider SaskTel, to deploy a province-wide NG9-1-1 system in Canada. In addition to the Saskatchewan NG9-1-1 deployment, Comtech also recently completed a local NG9-1-1 PSAP migration in Ontario, Canada. With these NG9-1-1 migrations complete, Comtech is the first public safety provider in Canada to partner with all three major ESInet suppliers in the country—SaskTel, Bell, and Telus—to build out the nation’s NG9-1-1 infrastructure. Comtech is continuing to expand its NG9-1-1 call routing and call handling solutions, including the Company’s Guardian Call Management platform, for governments and emergency response providers across the globe. The Company’s NG9-1-1 offerings are designed to adapt and continuously evolve over time to meet the needs of emerging use cases as well as future applications.お知らせ • Jul 03+ 1 more updateComtech Telecommunications Corp.(NasdaqGS:CMTL) dropped from Russell 3000 IndexComtech Telecommunications Corp.(NasdaqGS:CMTL) dropped from Russell 3000 Indexお知らせ • Jun 27Comtech Launches Artificial Intelligence-Enabled Public Safety SolutionComtech announced the launch of SmartAssist™, an artificial intelligence (“AI”)-backed solution developed to answer low-priority non-emergency calls without engaging a telecommunicator. SmartAssist is designed to help Emergency Communications Centers (“ECCs”) and Public Safety Answering Points (“PSAPs”) manage call and Internet of Things device volumes by using AI chatbots to answer and triage non-emergency calls. The first of many applications in SmartAssist relies on AI bots programmed using conversational design to understand the natural language of the caller and resolve the caller’s request without the need for human intervention for non-emergency calls. The SmartAssist solution provides robust AI-backed voice and chatbot capabilities that enable public safety customers to leverage customized response solutions for a broad spectrum of low-priority non-emergency caller inquiries, ranging from text messages and form creation to foreign language capacities and performance metrics. Comtech is partnering with multiple agencies and its Next Generation 911 customers across the United States in pre-market trials to integrate and deploy SmartAssist in PSAPs connected to the Company’s NG911 networks to enhance non-emergency 9-1-1 response rates, effectively prioritize mission-critical calls, improve situational awareness, and reduce staffing shortages. SmartAssist is the first solution within Comtech’s SmartNG portfolio of services. The Company’s SmartNG portfolio of services will enable the convergence of Next Generation 911 and AI solutions to enhance and optimize ECC/PSAP workflows. As the first SmartNG service offered, SmartAssist will significantly enhance public safety call processing, reduce emergency response times, and alleviate the impacts of staffing shortages. SmartAssist integrates with existing administrative phone lines without requiring changes to the Call Handling Equipment, allowing Comtech customers to immediately begin benefitting from this staff augmentation tool. Comtech is continuing to build out its SmartNG portfolio, which will include other interoperable AI-backed capabilities that incorporate language identification, transcription, translation, and advanced analytics, among other services. Comtech’s SmartNG portfolio creates new comprehensive public safety solutions designed with the future in mind—enhancing emergency response and assisting with staffing challenges.お知らせ • Jun 18Comtech Telecommunications Corp. to Report Q3, 2024 Results on Jun 18, 2024Comtech Telecommunications Corp. announced that they will report Q3, 2024 results Pre-Market on Jun 18, 2024分析記事 • Jun 13Take Care Before Diving Into The Deep End On Comtech Telecommunications Corp. (NASDAQ:CMTL)Comtech Telecommunications Corp.'s ( NASDAQ:CMTL ) price-to-sales (or "P/S") ratio of 0.1x may look like a pretty...お知らせ • Mar 22Comtech Names Telecommunications Appoints Jeff Robertson as President of Terrestrial & Wireless Networks Business SegmentComtech Telecommunications Corp. announced the appointment of telecommunications and public safety industry leader Jeff Robertson as the Company’s new President of its Terrestrial and Wireless Networks business segment. Prior to joining Comtech, Robertson served as President & CEO of Intrado Life Safety. Under his leadership, Robertson enhanced Intrado Life Safety’s operating structure, implemented critical digital transformation initiatives, migrated legacy products to next-generation cloud-based infrastructures, improved employee retention, and strengthened key go-to-market partnerships in under four years. Throughout his career, Robertson has held numerous leadership roles, including Senior Vice President of Public Safety for startup innovator RapidSOS, CEO of Airbus DS Communications North America, Vice President and General Manager of Intergraph's public safety software division, CEO of TCI - TelControl, and CML Emergency Services. He was also the founding executive director of the 9-1-1 Industry Alliance. As President of the Terrestrial & Wireless Networks segment, Robertson will have P&L responsibility across the enterprise. Robertson will oversee all aspects of engineering, program management, operations, new product development, system design, strategic planning, and customer engagement for all Terrestrial & Wireless Networks areas of focus. Robertson has been involved in the field of public safety technology for over 25 years, serving as a sworn officer and deputy sheriff. He also has extensive experience in software development for the public safety sector and was awarded a U.S. Patent for Voice Over IP Delivery of 911 calls, which is widely used across the industry now. Robertson graduated from the executive program at the Wharton School – University of Pennsylvania and received a degree in telecommunications from Toronto Metropolitan University.お知らせ • Mar 16Comtech Telecommunications Corp. Announces Ellen M. Lord Notifies Resignation as Member of Board of DirectorsComtech Telecommunications Corp. announced that on March 11, 2024, Ellen M. Lord notified the company of her resignation as a member of the Company’s Board of Directors, effective immediately. Ms. Lord’s resignation was not the result of any disagreement or dispute with the Company on any matter relating to the Company’s operations, policies or practices.お知らせ • Mar 14+ 2 more updatesComtech Telecommunications Corp. to Report Q2, 2024 Results on Mar 18, 2024Comtech Telecommunications Corp. announced that they will report Q2, 2024 results at 4:00 PM, US Eastern Standard Time on Mar 18, 2024分析記事 • Feb 06Comtech Telecommunications Corp. (NASDAQ:CMTL) Stock's 25% Dive Might Signal An Opportunity But It Requires Some ScrutinyTo the annoyance of some shareholders, Comtech Telecommunications Corp. ( NASDAQ:CMTL ) shares are down a considerable...Major Estimate Revision • Jan 23Consensus EPS estimates fall by 32%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from US$0.095 to US$0.065. Revenue forecast unchanged from US$625.8m at last update. Net income forecast to grow 86% next year vs 17% growth forecast for Communications industry in the US. Consensus price target down from US$16.94 to US$14.69. Share price fell 4.8% to US$7.38 over the past week.分析記事 • Dec 18Take Care Before Jumping Onto Comtech Telecommunications Corp. (NASDAQ:CMTL) Even Though It's 36% CheaperComtech Telecommunications Corp. ( NASDAQ:CMTL ) shares have had a horrible month, losing 36% after a relatively good...Reported Earnings • Dec 11First quarter 2024 earnings: EPS misses analyst expectationsFirst quarter 2024 results: US$0.11 loss per share (improved from US$0.46 loss in 1Q 2023). Revenue: US$151.9m (up 16% from 1Q 2023). Net loss: US$3.26m (loss narrowed 75% from 1Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 57%. Revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 3.7% growth forecast for the Communications industry in the US. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings.お知らせ • Dec 06+ 1 more updateComtech Appoints John Ratigan as Chief Corporate Development OfficerComtech announced the appointment of satellite communications (SATCOM) and defense technology industry leader John Ratigan as the company’s first Chief Corporate Development Officer (CCDO). With differentiated expertise across the global satellite technology sector, Ratigan brings over three decades of leadership experience to his position as Comtech’s CCDO. Ratigan’s experience is uniquely well aligned with Comtech’s strategic business priorities and continued expansion into new growth markets. Prior to joining Comtech, Ratigan served as CEO and President of iDirect Government as well as holding a position as an Executive Committee Member of ST Engineering iDirect. As its first employee, Ratigan established iDirect Government and grew the company to over $100 million in annual revenue. During his tenure as CEO and President, Ratigan assembled a team of over 200 outstanding professionals and was responsible for taking iDirect Government from a startup to a well-known technology leader that deployed thousands of innovative modem solutions and satellite technologies supporting U.S. government and Department of Defense (DoD) customers across the globe. Ratigan was also responsible for acquiring GlowLink and its unique interference mitigation technology (CSIR) and fused it with iDirect’s own Evolution technology, which helped the company become the largest provider of Time Division Multiple Access (TDMA) SATCOM capabilities for the U.S.DoD. In his position as CCDO, Ratigan will oversee new business initiatives aligned with Comtech’s strategic pursuits as the company continues its One Comtech journey. Earlier in his career, Ratigan ran east coast operations for Fairchild Data, and EF DATA (now Comtech). As a company leader, Ratigan was instrumental in helping EF DATA grow from $20 million to $120 million in revenue in under eight years. During his tenure, Ratigan played a key role helping EFDATA become the preeminent leader in Single Channel Per Carrier (SCPC) satellite technology, which provided him with valuable insights related to technology migration and leadership experience that has continued to serve him well in subsequent roles. In addition to starting his own company, Ratigan held the position of Senior Vice President of North and South American sales for the start-up Broadlogic, just as companies started to run IP directly over satellite. Ratigan began his career in the United States Senate working for Senator Bill Armstrong (R-Colorado) and held multiple sales positions with the Xerox Corporation as a member of the legal sales team. Ratigan holds a Bachelor of Science degree in Marketing from the University of Maryland.お知らせ • Dec 02Comtech Telecommunications Corp. to Report Q1, 2024 Results on Dec 07, 2023Comtech Telecommunications Corp. announced that they will report Q1, 2024 results at 4:00 PM, US Eastern Standard Time on Dec 07, 2023New Risk • Nov 17New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.6% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Less than 1 year of cash runway based on current free cash flow (-US$23m). Shareholders have been diluted in the past year (2.6% increase in shares outstanding).お知らせ • Nov 09Stellant Systems, Inc. completed the acquisition of Power Systems Technology from Comtech Telecommunications Corp. (NasdaqGS:CMTL).Stellant Systems, Inc. entered into an definitive agreement to acquire Power Systems Technology from Comtech Telecommunications Corp. (NasdaqGS:CMTL) for $40 million on October 11, 2023. The consideration includes total cash purchase price of $40 million, which includes a preliminary sales price of $35 million and contingent consideration up to $5 million based on the achievement of certain targets. Some or all of the net proceeds from this divestiture to meaningfully reduce our outstanding debt, leverage ratio and cash interest requirements. The transaction is subject to regulatory approvals and customary closing conditions and was unanimously approved by the board of directors of both companies. The transaction is expected to close by the end of October 2023. Kirkland & Ellis LLP acted as legal advisor to Stellant Systems, Inc. Evercore Inc. acted as financial advisor and Morgan, Lewis & Bockius LLP acted as legal advisor to Comtech Telecommunications Corp. Stellant Systems, Inc. completed the acquisition of Power Systems Technology from Comtech Telecommunications Corp. (NasdaqGS:CMTL) on November 7, 2023.分析記事 • Nov 01Is Comtech Telecommunications (NASDAQ:CMTL) Using Too Much Debt?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...New Risk • Oct 31New minor risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow. Free cash flow: -US$23m This is considered a minor risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Minor Risks Less than 1 year of cash runway based on current free cash flow (-US$23m). Share price has been volatile over the past 3 months (9.7% average weekly change).お知らせ • Oct 14Stellant Systems, Inc. entered into an definitive agreement to acquire Power Systems Technology from Comtech Telecommunications Corp. (NasdaqGS:CMTL) for $40 million.Stellant Systems, Inc. entered into an definitive agreement to acquire Power Systems Technology from Comtech Telecommunications Corp. (NasdaqGS:CMTL) for $40 million on October 11, 2023. The consideration includes total cash purchase price of $40 million, which includes a preliminary sales price of $35 million and contingent consideration up to $5 million based on the achievement of certain targets. Some or all of the net proceeds from this divestiture to meaningfully reduce our outstanding debt, leverage ratio and cash interest requirements. The transaction is subject to regulatory approvals and customary closing conditions and was unanimously approved by the board of directors of both companies. The transaction is expected to close by the end of October 2023. Kirkland & Ellis LLP acted as legal advisor to Stellant Systems, Inc. Evercore Inc. acted as financial advisor and Morgan, Lewis & Bockius LLP acted as legal advisor to Comtech Telecommunications Corp.Reported Earnings • Oct 13Full year 2023 earnings: EPS in line with analyst expectations despite revenue beatFull year 2023 results: US$1.21 loss per share (improved from US$1.63 loss in FY 2022). Revenue: US$550.0m (up 13% from FY 2022). Net loss: US$33.9m (loss narrowed 22% from FY 2022). Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 4.3% growth forecast for the Communications industry in the US. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.お知らせ • Oct 05Comtech Telecommunications Corp. to Report Q4, 2023 Results on Oct 12, 2023Comtech Telecommunications Corp. announced that they will report Q4, 2023 results After-Market on Oct 12, 2023Recent Insider Transactions Derivative • Sep 15Chairman exercised options and sold US$51k worth of stockOn the 12th of September, Ken Peterman exercised options to acquire 6k shares at no cost and sold these for an average price of US$8.53 per share. This trade did not impact their existing holding. Since March 2023, Ken's direct individual holding has increased from 44.00k shares to 49.40k. Company insiders have collectively bought US$392k more than they sold, via options and on-market transactions, in the last 12 months.お知らせ • Sep 14Comtech Launches Network Agnostic Dynamic Cloud Platform for Satellite ProvidersComtech announced its Dynamic Cloud Platform (DCP) is now available for commercial and government satellite service providers in U.S. and international markets. Comtech’s DCP will enable traditionally disparate satellite systems and ground station infrastructures to be easily integrated, creating a new path to introduce cloud-based applications, waveforms, and services. The company’s DCP is designed to be infrastructure, cloud, and application agnostic—allowing satellite customers to easily orchestrate, integrate, and manage a wide variety of applications, waveforms, and services across private, public, and hybrid cloud-based networks. Comtech is conducting trials and initial testing that will enable multiple satellite-based waveforms to be deployed using DCP across different cloud-based infrastructures. As part of the launch, Comtech’s DCP now offers a unique satellite-based software development kit to allow for the integration of virtualized ground stations and other applications across cloud networks. Comtech is also offering professional services to assist satellite customers with the integration of new applications on its DCP.お知らせ • Sep 12Comtech Corporation Unveils New Bridge Solutions to Increase Access to Global Hybrid ConnectivityComtech launched its new blended, resilient, integrated, digital, global, end-to-end (BRIDGE) connectivity solutions. Comtech's BRIDGE solutions provide portable, adaptable, full-service communications networks that can be established in a matter of hours and help "bridge the gap" for traditional satellite and terrestrial infrastructures. Comtech's BRIDge solutions are designed to overcome geographical and environmental challenges to deliver robust and resilient connectivity to places where it was previously unavailable or overlooked. The company's BRIDGE solutions are tailored to meet urgent needs of initial customer sets including emergency service providers, remote communities, military operators, and maritime customers. Comtech's BRID GE solutions are designed to be infrastructure, cloud, and application agnostic--enabling new options for interoperable connectivity services and applications in the world's most challenging geographies. With Comtech's software-defined technology embedded at the core, BRIDGE solutions can continuously evolve over time to meet emerging government and commercial use cases as well as support future smart-enabled networks across a variety of global markets and geographies. The company's BRID GE solutions deliver vital information both line of sight (LOS) as well as hundreds of miles over the horizon, or beyond-line-of-sight (BLOS). Inclement weather, which can interfere with satellite and terrestrial networks, enhances the performance of Comtech's BRIDGE solution--all allowing this new technology to bridge the gap when other communications networks are unavailable. Over the summer, Comtech began introducing BRIDGE to select customers. In August, the company successfully completed multiple proof of concept demonstrations for its BRIDGE solutions for maritime users. During the customer demonstrations, the BRIDGE solutions showcased unique, robust, and resilient ship-to-shore connectivity--delivering reliable on the move communications capabilities nearly 70 miles from shore. BRIDGE solutions are now available for U.S. and international customers including: Emergency Response: Following broad scale natural disasters such as hurricanes, communications infrastructure is often heavily impacted. BRIDGE offer a new mechanism to rapidly restore connectivity infrastructures, which can help keep communities connected and enhance disaster relief efforts. Maritime: BRIDGE solutions provide maritime customers with unique BLOS ship-to-ship and ship-to-shore long distance, high throughput communications capabilities on the move. BRIDGE provides a new alternative to maritime satellite and cellular communications capabilities. Military Operations: BRIDGE deliver new network agnostic, resilient and secure BLOS communications capabilities designed significantly improve situational awareness for U.S. and coalition forces. Comtech's BRIDG solutions also create new interoperable connectivity layers needed to enhance Combined Joint All Domain Command and Control (CJADC2) operations. Remote Communities: BRIDGE serves as a cost-effective and reliable solution to provide high-speed internet access to remote areas and isolated towns where access to satellite and cellular service remains available.お知らせ • Aug 30Comtech Telecommunications Corp Announces Resignation of Yelena Simonyuk, General Counsel and Assistant Corporate Secretary, Effective August 31, 2023On August 24, 2023, Yelena Simonyuk, General Counsel and Assistant Corporate Secretary of Comtech Telecommunications Corp. (the “Company”), notified the Company of her decision to resign from the Company, effective as of August 31, 2023.Recent Insider Transactions Derivative • Aug 02Chairman exercised options and sold US$51k worth of stockOn the 27th of July, Ken Peterman exercised options to acquire 5k shares at no cost and sold these for an average price of US$10.01 per share. This trade did not impact their existing holding. Since March 2023, Ken's direct individual holding has increased from 44.00k shares to 49.40k. Company insiders have collectively bought US$151k more than they sold, via options and on-market transactions, in the last 12 months.Board Change • Jul 01High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Director Ellen Lord was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Buying Opportunity • Jun 28Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 24%. The fair value is estimated to be US$11.72, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 8.1% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 12% in 2 years. Earnings is forecast to grow by 99% in the next 2 years.Recent Insider Transactions • Jun 15Chairman recently bought US$50k worth of stockOn the 13th of June, Ken Peterman bought around 5k shares on-market at roughly US$9.32 per share. This transaction amounted to 12% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Ken has been a buyer over the last 12 months, purchasing a net total of US$611k worth in shares.Major Estimate Revision • Jun 15Consensus EPS estimates fall by 38%The consensus outlook for fiscal year 2023 has been updated. 2023 expected loss increased from -US$0.881 to -US$1.22 per share. Revenue forecast unchanged at US$541.4m. Communications industry in the US expected to see average net income growth of 17% next year. Consensus price target broadly unchanged at US$16.75. Share price fell 25% to US$8.46 over the past week.Buying Opportunity • Jun 10Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 30%. The fair value is estimated to be US$11.74, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 8.1% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 5.8% in a year. Earnings is forecast to grow by 68% in the next year.お知らせ • Jun 09Comtech Telecommunications Corp. Provides Consolidated Earnings Guidance for the Fourth Quarter of 2023Comtech Telecommunications Corp. provided consolidated earnings guidance for the fourth quarter of 2023. The company expects fourth quarter fiscal 2023 results to improve, with consolidated net sales anticipated to grow sequentially between 2.0% and 4.0% and for consolidated Adjusted EBITDA margins to be in the range of 9.5% to 10.5% of consolidated net sales.お知らせ • Jun 08Comtech Telecommunications Corp. Announces Changes in Board of DirectorsComtech Telecommunications Corp. announced the appointment of former Under Secretary of Defense for Acquisition and Sustainment the Hon. Ellen M. Lord and former U.S. Army Chief Information Officer (CIO) Lieutenant General (LTG) (retired) Bruce T. Crawford to its Board of Directors. With the appointment of Ms. Lord and LTG (retired) Crawford, the company’s Board will consist of nine members, eight of whom will be independent. With decorated careers across government and commercial sectors as well as differentiated expertise in capability development, organizational structures, acquisitions, budgets, and end-to-end technology deployments, Ms. Lord and LTG (retired) Crawford will bring extensive knowledge, unique insights, and new guidance that is well aligned with Comtech’s strategic priorities and global growth trajectories. Ms. Lord served from August 2017 until January 2021 as Under Secretary of Defense for Acquisition and Sustainment, reporting to the Secretary of Defense with oversight of a $400 billion per year budget. Previously, she spent 33 years at Textron, a global multiple industry corporation, where she ultimately was appointed as President and CEO of Textron Systems. During her time at the Department of Defense, Ms. Lord’s team rewrote the Pentagon’s acquisition policy with a focus on speed and simplicity, while adding procedures for cybersecurity, intellectual property, and software development. Ms. Lord now serves on public (AAR and Parsons), private (LightRidge and Voyager Space), and non-profit boards, as well as advising companies in the aerospace and defense sector. LTG (retired) Crawford brings over 37 years of leadership, executive management, national security, enterprise information technology (IT) and cybersecurity experience to the Comtech Board of Directors. Having recently served as a Senior Vice President at a Fortune 500 company and holding Board positions in both public and private companies, he also brings prior corporate board experience to Comtech. In 2020, LTG (retired) Crawford culminated 34 years of military service as the Army’s CIO and Senior IT professional with responsibility for digital modernization, data and cloud migrations and governance, and oversight of the Army’s $15 billion IT budget. LTG (retired) Crawford’s responsibilities also included IT support from the enterprise to the tactical edge in 143 countries at 288 locations worldwide. LTG (retired) Crawford is a Distinguished Military Graduate of South Carolina State University with Masters’ degrees from both The National Defense University and Central Michigan University.お知らせ • Jun 01Comtech Telecommunications Corp. to Report Q3, 2023 Results on Jun 08, 2023Comtech Telecommunications Corp. announced that they will report Q3, 2023 results at 4:00 PM, US Eastern Standard Time on Jun 08, 2023Major Estimate Revision • Mar 16Consensus EPS estimates fall by 51%, revenue upgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast increased from US$530.8m to US$539.1m. Forecast EPS reduced from -US$0.584 to -US$0.881 per share. Communications industry in the US expected to see average net income growth of 20% next year. Consensus price target of US$16.88 unchanged from last update. Share price fell 22% to US$12.02 over the past week.Reported Earnings • Mar 10Second quarter 2023 earnings released: US$0.23 loss per share (vs US$0.89 loss in 2Q 2022)Second quarter 2023 results: US$0.23 loss per share (improved from US$0.89 loss in 2Q 2022). Revenue: US$133.7m (up 11% from 2Q 2022). Net loss: US$6.54m (loss narrowed 72% from 2Q 2022). Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Communications industry in the US. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.Price Target Changed • Feb 23Price target increased by 9.4% to US$15.50Up from US$14.17, the current price target is an average from 3 analysts. New target price is approximately in line with last closing price of US$15.91. Stock is down 17% over the past year. The company is forecast to post a net loss per share of US$0.59 next year compared to a net loss per share of US$1.63 last year.株主還元CMTLUS CommunicationsUS 市場7D17.3%-0.2%1.6%1Y161.4%97.9%28.2%株主還元を見る業界別リターン: CMTL過去 1 年間で97.9 % の収益を上げたUS Communications業界を上回りました。リターン対市場: CMTL過去 1 年間で28.2 % の収益を上げたUS市場を上回りました。価格変動Is CMTL's price volatile compared to industry and market?CMTL volatilityCMTL Average Weekly Movement13.2%Communications Industry Average Movement9.3%Market Average Movement7.2%10% most volatile stocks in US Market16.8%10% least volatile stocks in US Market3.0%安定した株価: CMTLの株価は、 US市場と比較して過去 3 か月間で変動しています。時間の経過による変動: CMTLの weekly volatility ( 13% ) は過去 1 年間安定していますが、依然としてUSの株式の 75% よりも高くなっています。会社概要設立従業員CEO（最高経営責任者ウェブサイト19671,340Ken Traubcomtech.comコムテック・テレコミュニケーションズ・コーポレーション（Comtech Telecommunications Corp.衛星・宇宙通信部門とアレリウム部門を通じて事業を展開している。衛星・宇宙通信部門は、GEO、MEO、LEO衛星コンステレーションを利用した音声、映像、データの伝送を促進する衛星地上インフラ技術、サービス、システムインテグレーション（進行波管電力増幅器、衛星モデム、VSATプラットフォーム、周波数変換器など）、および高度サイバーセキュリティ・トレーニング・サービスを提供している。また、対流圏と回折現象を利用して、デジタル化された音声、ビデオ、データを最大200マイルの距離まで伝送できるオーバー・ザ・ホライズン・マイクロ波対流圏装置を提供するほか、衛星、ロケット、有人宇宙アプリケーション用の電気、電子、電気機械部品の調達とサプライチェーン・マネジメントにも取り組んでいる。Allerium部門は、緊急コールルーティング、位置検証、ポリシーベースのルーティングルール、ロギング、およびセキュリティ機能を含む911ソリューション、緊急サービス通信およびサポートのための緊急サービスIPネットワークトランスポートインフラストラクチャ、公共安全応答ポイントのためのコール処理アプリケーション、ネットワークオペレータのためのワイヤレス緊急警報ソリューション、および公共安全、商業、および政府サービスを含む様々なアプリケーションのためのロケーションベースおよびテキストメッセージングサービスのためのソフトウェアおよび機器を提供しています。同社は防衛請負業者、政府、電気通信会社にサービスを提供している。コムテック・テレコミュニケーションズ・コーポレーションは1967年に設立され、アリゾナ州チャンドラーに本社を置いている。もっと見るComtech Telecommunications Corp. 基礎のまとめComtech Telecommunications の収益と売上を時価総額と比較するとどうか。CMTL 基礎統計学時価総額US$167.11m収益（TTM）-US$65.97m売上高(TTM)US$474.95m0.4xP/Sレシオ-2.5xPER（株価収益率CMTL は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計CMTL 損益計算書（TTM）収益US$474.95m売上原価US$322.34m売上総利益US$152.61mその他の費用US$218.58m収益-US$65.97m直近の収益報告Jan 31, 2026次回決算日該当なし一株当たり利益（EPS）-2.22グロス・マージン32.13%純利益率-13.89%有利子負債／自己資本比率81.0%CMTL の長期的なパフォーマンスは？過去の実績と比較を見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/06/01 16:33終値2026/05/29 00:00収益2026/01/31年間収益2025/07/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Comtech Telecommunications Corp. 1 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。10 アナリスト機関Timothy LongBMO Capital Markets Equity ResearchMichael CrawfordB. Riley Securities, Inc.Asiya MerchantCitigroup Inc7 その他のアナリストを表示
New Risk • Mar 27New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: US$99.9m This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Currently unprofitable and not forecast to become profitable next year (US$65m net loss next year). Share price has been volatile over the past 3 months (12% average weekly change). Market cap is less than US$100m (US$99.9m market cap).
お知らせ • Mar 20TMY Technology Inc. And Comtech Telecommunications Corp. Unveil Advanced User Terminal Solutions For Next-Generation Satellite CommunicationsTMY Technology Inc. (TMYTEK) unveiled advanced user terminal solutions for next-generation satellite communications in collaboration with Comtech Telecommunications Corp. including a cutting-edge software-defined Ku/Ka multi-orbit ESA integrated terminal and a passive slotted-waveguide antenna terminal. By combining Comtech's multi-orbit satellite modems with TMYTEK's electronically steered antenna (ESA) technology, the integrated terminal enables hybrid connectivity across multiple orbital layers, supporting applications spanning commercial broadband, high-altitude platform systems (HAPS), and mission-critical government and defense communications. The passive slotted-waveguide antenna terminal delivers a low-profile, resilient solution for fixed deployments, emergency response, and demanding operational environments where reliable satellite connectivity is essential with limited available energy. Featuring a software-defined phased array design, the multi-orbit terminal integrates Comtech's ELEVATE user terminals with TMYTEK's revolutionary ESA to support seamless connectivity across Geostationary Orbit (GEO), Medium Earth Orbit (MEO), Low Earth Orbit (LEO), and non-terrestrial networks. Its efficient modular design effectively meets rapidly changing market demands, while the software-defined phased array ensures reliable connectivity, facilitating seamless communication. This integration enables always-connected operation for enterprise networks, mobility, critical infrastructure, and emerging commercial use cases. The passive antenna terminal combines Comtech's ELEVATE digital user terminal technology with TMYTEK's passive slotted-waveguide beamforming technology. The terminal enables efficient spectrum utilization while maintaining low power consumption suitable for protection and monitoring of High Power Electrical Grids, critical infrastructure, and Defense applications. While delivering the same Gain as ESA antennas for the same surface area, the slotted-waveguide antenna consumes only 90% of the ESA required energy. Together, these solutions reflect the shared vision of Comtech and TMYTEK to deliver scalable, resilient, and easy-to-deploy satellite terminals that meet the demands of a rapidly evolving connected world. From enterprise-grade networking to remote IoT sites, this collaboration brings forward-looking integration and real-world reliability to the global satellite industry.
Seeking Alpha • Mar 19Comtech Telecommunications: Higher-Margin Business Is Paying Off, But Profitability Still Eludes ThemSummary Comtech Telecommunications has transitioned to higher-margin offerings, improving gross margins and nearing operating breakeven despite recent revenue headwinds. CMTL's Satellite segment has exited low-margin contracts, while the Allerium segment remains a stable, profitable contributor. A $732 million backlog and five consecutive EPS beats suggest operational improvements, but government shutdowns and customer concentration pose ongoing risks. I rate CMTL as a hold with a slight bias toward buy, pending clearer evidence of sustainable profitability and margin expansion. Read the full article on Seeking Alpha
Reported Earnings • Mar 18Second quarter 2026 earnings: Revenues miss analyst expectationsSecond quarter 2026 results: Revenue: US$106.8m (down 16% from 2Q 2025). Net loss: US$13.6m (loss narrowed 39% from 2Q 2025). Revenue missed analyst estimates by 6.2%. Revenue is expected to decline by 1.0% p.a. on average during the next 2 years, while revenues in the Communications industry in the US are expected to grow by 12%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 32 percentage points per year, which is a significant difference in performance.
New Risk • Mar 17New major risk - Revenue and earnings growthEarnings have declined by 41% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 41% per year over the past 5 years. Minor Risks Currently unprofitable and not forecast to become profitable next year (US$65m net loss next year). Share price has been volatile over the past 3 months (12% average weekly change).
お知らせ • Mar 12Comtech Telecommunications Corp. to Report Q2, 2026 Results on Mar 16, 2026Comtech Telecommunications Corp. announced that they will report Q2, 2026 results After-Market on Mar 16, 2026
New Risk • Mar 27New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: US$99.9m This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Currently unprofitable and not forecast to become profitable next year (US$65m net loss next year). Share price has been volatile over the past 3 months (12% average weekly change). Market cap is less than US$100m (US$99.9m market cap).
お知らせ • Mar 20TMY Technology Inc. And Comtech Telecommunications Corp. Unveil Advanced User Terminal Solutions For Next-Generation Satellite CommunicationsTMY Technology Inc. (TMYTEK) unveiled advanced user terminal solutions for next-generation satellite communications in collaboration with Comtech Telecommunications Corp. including a cutting-edge software-defined Ku/Ka multi-orbit ESA integrated terminal and a passive slotted-waveguide antenna terminal. By combining Comtech's multi-orbit satellite modems with TMYTEK's electronically steered antenna (ESA) technology, the integrated terminal enables hybrid connectivity across multiple orbital layers, supporting applications spanning commercial broadband, high-altitude platform systems (HAPS), and mission-critical government and defense communications. The passive slotted-waveguide antenna terminal delivers a low-profile, resilient solution for fixed deployments, emergency response, and demanding operational environments where reliable satellite connectivity is essential with limited available energy. Featuring a software-defined phased array design, the multi-orbit terminal integrates Comtech's ELEVATE user terminals with TMYTEK's revolutionary ESA to support seamless connectivity across Geostationary Orbit (GEO), Medium Earth Orbit (MEO), Low Earth Orbit (LEO), and non-terrestrial networks. Its efficient modular design effectively meets rapidly changing market demands, while the software-defined phased array ensures reliable connectivity, facilitating seamless communication. This integration enables always-connected operation for enterprise networks, mobility, critical infrastructure, and emerging commercial use cases. The passive antenna terminal combines Comtech's ELEVATE digital user terminal technology with TMYTEK's passive slotted-waveguide beamforming technology. The terminal enables efficient spectrum utilization while maintaining low power consumption suitable for protection and monitoring of High Power Electrical Grids, critical infrastructure, and Defense applications. While delivering the same Gain as ESA antennas for the same surface area, the slotted-waveguide antenna consumes only 90% of the ESA required energy. Together, these solutions reflect the shared vision of Comtech and TMYTEK to deliver scalable, resilient, and easy-to-deploy satellite terminals that meet the demands of a rapidly evolving connected world. From enterprise-grade networking to remote IoT sites, this collaboration brings forward-looking integration and real-world reliability to the global satellite industry.
Seeking Alpha • Mar 19Comtech Telecommunications: Higher-Margin Business Is Paying Off, But Profitability Still Eludes ThemSummary Comtech Telecommunications has transitioned to higher-margin offerings, improving gross margins and nearing operating breakeven despite recent revenue headwinds. CMTL's Satellite segment has exited low-margin contracts, while the Allerium segment remains a stable, profitable contributor. A $732 million backlog and five consecutive EPS beats suggest operational improvements, but government shutdowns and customer concentration pose ongoing risks. I rate CMTL as a hold with a slight bias toward buy, pending clearer evidence of sustainable profitability and margin expansion. Read the full article on Seeking Alpha
Reported Earnings • Mar 18Second quarter 2026 earnings: Revenues miss analyst expectationsSecond quarter 2026 results: Revenue: US$106.8m (down 16% from 2Q 2025). Net loss: US$13.6m (loss narrowed 39% from 2Q 2025). Revenue missed analyst estimates by 6.2%. Revenue is expected to decline by 1.0% p.a. on average during the next 2 years, while revenues in the Communications industry in the US are expected to grow by 12%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 32 percentage points per year, which is a significant difference in performance.
New Risk • Mar 17New major risk - Revenue and earnings growthEarnings have declined by 41% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 41% per year over the past 5 years. Minor Risks Currently unprofitable and not forecast to become profitable next year (US$65m net loss next year). Share price has been volatile over the past 3 months (12% average weekly change).
お知らせ • Mar 12Comtech Telecommunications Corp. to Report Q2, 2026 Results on Mar 16, 2026Comtech Telecommunications Corp. announced that they will report Q2, 2026 results After-Market on Mar 16, 2026
お知らせ • Mar 05Comtech Telecommunications Corp. Delivers First DCG-7000 High Speed Small Form Factor Modems To Lite Coms For Industry TestingComtech Telecommunications Corp. had announced the delivery of its Digital Common Ground (DCG)-7000 modems to Lite Coms for testing. This milestone marks a major advancement for Comtech’s DCG product line and reinforces the Company’s commitment to enabling next-generation secure and interoperable satellite communications (SATCOM) for government and commercial customers. Comtech’s DCG-7000 modems are being integrated with Lite Coms’ antenna systems to validate interoperability and performance across diverse ground terminal configurations. Lite Coms also recently became the first company to successfully test a DCG-7000 modem from Comtech’s production line, underscoring the collaborative innovation behind the modem and its inherent interoperability and ease of use. Built on Comtech’s U.S. sovereign-designed DCG portfolio, the DCG-7000 modem provides advanced flexibility and performance through a software-defined architecture that supports rapid reconfiguration to meet evolving customer requirements. The DCG portfolio is designed to enable digitized hybrid satellite network architectures bringing forward a new era of secure, resilient and ubiquitous connectivity across all environments. Customer Value and Operational Benefits of DCG-7000: Multi-Orbit Capability and Interoperability: Seamless access to commercial and purpose-built networks aligned with digital transformation and modernization initiatives. Performance: Superior speed and performance in an exceptionally small size weight and power (SWaP) form factor. Waveform Flexibility: Supports DVB-S2X, and other protected waveforms with the ability to add new capabilities, such as DSSS, via software updates. Security: Incorporates modern cybersecurity design principles including integrated Transmission Security (TRANSEC) for over-the-air transmission. Comtech is currently accepting orders for its DCG product line.
Buy Or Sell Opportunity • Feb 24Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 85% to US$5.60. The fair value is estimated to be US$4.64, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 65%. Revenue is forecast to decline by 6.5% in a year. Earnings are forecast to grow by 3.1% in the next year.
Buy Or Sell Opportunity • Feb 06Now 24% overvalued after recent price riseOver the last 90 days, the stock has risen 88% to US$5.70. The fair value is estimated to be US$4.59, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 65%. Revenue is forecast to decline by 6.5% in a year. Earnings are forecast to grow by 3.1% in the next year.
分析記事 • Feb 05Why Comtech Telecommunications Corp. (NASDAQ:CMTL) Could Be Worth WatchingComtech Telecommunications Corp. ( NASDAQ:CMTL ), might not be a large cap stock, but it led the NASDAQGS gainers with...
お知らせ • Jan 30Wendi B. Carpenter Not to Stand for Re-Election as Director of Comtech Telecommunications Corp. at the Annual Meeting of Stockholders to Occur on March 9, 2026On January 23, 2026, Wendi B. Carpenter, a current director of Comtech Telecommunications Corp. notified the Company of her intention to retire as a director from the Company’s Board of Directors (the “Board”) and not stand for re-election at the Company’s Fiscal 2025 Annual Meeting of Stockholders, scheduled to occur on March 9, 2026 (the “Fiscal 2025 Annual Meeting”). Ms. Carpenter will continue to serve the remainder of her term on the Board which will expire at the Fiscal 2025 Annual Meeting. Ms. Carpenter’s decision to retire and not seek re-election to the Board was not the result of any disagreement with the Company or the Board. Both the Company and the Board thank Ms. Carpenter for her dedication and years of service as a director. In connection with Ms. Carpenter’s retirement, the size of the Board will be reduced to seven members, effective upon the conclusion of Ms. Carpenter’s term of service at the Fiscal 2025 Annual Meeting.
Board Change • Jan 30High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Mary Raymond was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Jan 27Comtech Telecommunications Corp., Annual General Meeting, Mar 09, 2026Comtech Telecommunications Corp., Annual General Meeting, Mar 09, 2026.
お知らせ • Dec 12Comtech Telecommunications Corp. Appoints Mary Jane Raymond as Independent Director, Effective December 11, 2025Comtech Telecommunications Corp. announced that its Board of Directors has appointed Mary Jane Raymond as an independent director, effective December 11, 2025. Following Ms. Raymond’s appointment, the Board consists of eight directors. Ms. Raymond brings more than three decades of public company finance and governance experience. From 2014 through 2024, she served as Chief Financial Officer of Coherent Corp., formerly II-VI Incorporated, a global leader in engineered materials and optoelectronic components with revenue exceeding $5.8 billion. She previously held senior finance, risk management and M&A roles at Hudson Global, Dun & Bradstreet, Lucent Technologies and Cummins Engine Company. Since 2019, Ms. Raymond has served as an independent director and member of the Audit Committee of Veeco Instruments Inc., a semiconductor and compound semiconductor process equipment company. Ms. Raymond served as Chief Financial Officer of Coherent Corp., formerly II-VI Incorporated, from 2014 through 2024, where she oversaw global finance, treasury, tax and investor relations and played a key role in financing and integrating multiple strategic acquisitions. From 2005 to 2013, she was Executive Vice President and Chief Financial Officer of Hudson Global Inc., where she led the company’s global finance organization and supported a multiyear portfolio rationalization and capital structure improvement. Earlier in her career, Ms. Raymond held senior positions including Chief Risk Officer and Principal Accounting Officer and Corporate Controller at Dun & Bradstreet, Vice President of Merger Integration at Lucent Technologies, and a series of finance, strategy and general management roles at Cummins Engine Company. She is a Certified Management Accountant and an NACD Certified Director and currently serves on the Board of Directors and Audit Committee of Veeco Instruments Inc., in addition to her service on several non-profit boards over the course of her career.
お知らせ • Dec 08Comtech Telecommunications Corp. to Report Q1, 2026 Results on Dec 11, 2025Comtech Telecommunications Corp. announced that they will report Q1, 2026 results After-Market on Dec 11, 2025
お知らせ • Nov 06Comtech Telecommunications Corp. to Report Q4, 2025 Results on Nov 10, 2025Comtech Telecommunications Corp. announced that they will report Q4, 2025 results at 4:00 PM, US Eastern Standard Time on Nov 10, 2025
お知らせ • Oct 31Comtech Telecommunications Corp. announced delayed annual 10-K filingOn 10/30/2025, Comtech Telecommunications Corp. announced that they will be unable to file their next 10-K by the deadline required by the SEC.
分析記事 • Sep 26Improved Revenues Required Before Comtech Telecommunications Corp. (NASDAQ:CMTL) Stock's 30% Jump Looks JustifiedComtech Telecommunications Corp. ( NASDAQ:CMTL ) shares have had a really impressive month, gaining 30% after a shaky...
お知らせ • Sep 12Comtech’s SLM-5650B Becomes First Sovereign-certified Modem to Operate on SES’s O3b mPOWER MEO Satellite ConstellationComtech Telecommunications Corp. announced the company's software defined SLM-5650B became the first sovereign-certified modem to receive Government Terminal Certification to operate on SES's Medium Earth Orbit O3b mPOWER satellite constellation. Operating on the high-throughput low-latency O3b mPOWER system, Comtech's SLM-5650B will provide critical hybrid communications services to Department of Defense ("DoD") and coalition customers in some of the world's most challenging geographies. SES's certification is unlocking new opportunities for the DoD users that require secure and reliable service and increasingly seeking greater communications sovereignty for critical missions. Developed and manufactured at the Company's corporate headquarters in Chandler, AZ, Comtech's SLM - SLM-5650B is a market leading Wideband Global SATCOM ("WGS") certified modem designed to deliver critical communications services including government and military applications. The software-defined SLM-5650B currently supports multiple critical DoD and NATO waveforms including STANAG 4486 Ed3 ("EBEM"), Direct Sequence Spread Spectrum ("DSSS"), and DVB-S2X, with the ability to add more waveforms and functions to meet emerging mission needs. Comtech's portfolio of defense technologies, including the SLM-5650B, are uniquely designed to deliver capabilities that will enhance Combined Joint All Domain Command and Control operations. Comtech's expansive portfolio of defense technologies is designed to continuously evolve over time to enable digitalized SATCOM ground network infrastructures needed to maintain a strategic advantage in today's rapidly evolving threat environment.
Board Change • Sep 01High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Lloyd Sprung was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Aug 19Comtech Telecommunications Corp. Appoints Lloyd A. Sprung to Its Board of Directors, Effective August 18, 2025Comtech Telecommunications Corp. announced that its Board of Directors has appointed Lloyd A. Sprung as an independent director, effective August 18, 2025. Mr. Sprung possesses more than three decades of corporate finance and capital markets experience, having held senior executive roles at leading investment banks including Evercore and UBS. He is currently the managing member of LAS Advisors, an independent financial and strategic advisory firm. Mr. Sprung, age 55, is the Managing Member of LAS Advisors, an independent financial and strategic advisory firm he founded in January 2024. He previously served as Managing Director at UBS from August 2017 to December 2023, during which he led the Restructuring and Private Debt Advisory practices. Prior to this, he served as Senior Managing Director at Evercore from April 2011 to May 2017, Managing Director at Miller Buckfire from 2001 to 2010 and previously Vice President at Merrill Lynch. Mr. Sprung obtained his Bachelor of Arts degree in Economics from the University of Pennsylvania and a Master of Business Administration as a Baker Scholar from Harvard Business School.
ナラティブの更新 • Aug 11Transformation Will Reinforce Operations And Open Cloud And Satellite MarketsComtech Telecommunications’ consensus price target was raised to $6.00, as analysts cited strong Q3 revenue and EBITDA outperformance, though caution persists over weak bookings, balance sheet risks, and the need for asset sales to address financial obligations. Analyst Commentary Q3 revenue and EBITDA materially beat expectations, demonstrating operational outperformance.
分析記事 • Aug 09Why Investors Shouldn't Be Surprised By Comtech Telecommunications Corp.'s (NASDAQ:CMTL) 29% Share Price PlungeNasdaqGS:CMTL 1 Year Share Price vs Fair Value Explore Comtech Telecommunications's Fair Values from the Community and...
お知らせ • Jul 09Comtech Telecommunications Corp. Announces Executive Appointments Within Its Satellite and Space Communications SegmentsComtech Telecommunications Corp. announced three key leadership appointments within its Satellite and Space Communications (“S&S”) segment. These appointments include Steve Black as the new Chief Operating Officer (“COO”), Mark Dale as the new Chief Technology Officer (“CTO”) and Brent Norman as the new Chief Financial Officer (“CFO”); each reporting to Daniel Gizinski, President of Comtech's S&S segment. Steve Black, appointed COO of S&S in May 2025, brings nearly three decades of differentiated industry knowledge and operational expertise to Comtech. Prior to joining the Company, he served as Vice President and General Manager of General Dynamics’ Advanced Manufacturing Group, and previously held leadership roles at L3Harris, including Director of Integrated Business Operations for the company’s Commercial Aviation Sector. As COO of S&S, Mr. Black will oversee and optimize all operational processes across the segment, ensuring Comtech continues to reliably deliver advanced, trusted products on accelerated timelines while driving cost-effective production and maintaining exceptional quality standards. Mark Dale, appointed CTO of S&S in June 2025, brings a deep blend of technical expertise and customer insight gained over nearly three decades in the satellite and broadband wireless communications sectors. Previously serving as a Senior Technical Fellow at Comtech, Dr. Dale has held key leadership positions at Kratos Defense & Security Solutions, Viasat, and Broadcom. In his new role, Dr. Dale will lead engineering teams in designing and deploying next-generation satellite communications solutions while closely partnering with customers to align technology roadmaps and architectures. Brent Norman, appointed CFO of S&S in June 2025, will lead all financial reporting, planning, budgeting, and analysis efforts, as well as manage investments and ensure regulatory compliance. With an extensive background spanning financial leadership roles at General Dynamics and L3Harris, Mr. Norman will focus on strengthening the segment’s financial foundation and identifying new avenues for value creation. These leadership appointments reflect Comtech’s continued commitment to its ongoing transformation strategy, first announced in January 2025, which includes enhancing the operational structure of the S&S segment with a focus on delivering a strategic set of next-generation, mission-critical satellite communications systems to commercial and government customers across the globe.
Reported Earnings • Jun 10Third quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2025 results: US$0.49 loss per share (further deteriorated from US$0.036 loss in 3Q 2024). Revenue: US$126.8m (down 1.0% from 3Q 2024). Net loss: US$14.5m (loss widened US$13.4m from 3Q 2024). Revenue exceeded analyst estimates by 2.2%. Earnings per share (EPS) missed analyst estimates by 1.4%. Revenue is forecast to stay flat during the next 3 years compared to a 7.5% growth forecast for the Communications industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 46 percentage points per year, which is a significant difference in performance.
お知らせ • Jun 05Comtech Telecommunications Corp. to Report Q3, 2025 Results on Jun 09, 2025Comtech Telecommunications Corp. announced that they will report Q3, 2025 results After-Market on Jun 09, 2025
分析記事 • May 17Comtech Telecommunications Corp.'s (NASDAQ:CMTL) Price Is Right But Growth Is Lacking After Shares Rocket 41%Comtech Telecommunications Corp. ( NASDAQ:CMTL ) shareholders are no doubt pleased to see that the share price has...
新しいナラティブ • Apr 08Transformation Will Reinforce Operations And Open Cloud And Satellite Markets Comtech's transformation plan aims to enhance profitability through operational improvements, cost management, and high-margin initiatives.
Price Target Changed • Mar 16Price target decreased by 9.1% to US$5.00Down from US$5.50, the current price target is an average from 2 analysts. New target price is 184% above last closing price of US$1.76. Stock is down 62% over the past year. The company is forecast to post a net loss per share of US$5.68 next year compared to a net loss per share of US$4.70 last year.
Board Change • Mar 16High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Dave Kagan was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Mar 11Comtech Telecommunications Corp. to Report Q2, 2025 Results on Mar 12, 2025Comtech Telecommunications Corp. announced that they will report Q2, 2025 results After-Market on Mar 12, 2025
お知らせ • Mar 01Comtech Telecommunications Corp. Unveils New ELEVATE 2.0 Multi-Orbit Satcom Platform for Global CustomersComtech Telecommunications Corp. announced the launch of the Company's new ELEVATE 2.0 multi-orbit satellite communications ("SATCOM") platform. Built on the Company's field-proven, multi-orbit Very Small Aperture Terminal ("VSAT") products and nearly 60 years of experience developing innovative SATCOM ground systems for global customers, Comtech's ELEVATE 2.0 is designed to connect people across the globe with the best available networks on all SATCOM orbits in a single low Size Weight and Power ("SWaP") platform. Designed from the ground up as a software-defined network architecture, ELEVATE 2.0 leverages the best of the Company's existing VSAT platforms and integrates new capabilities to meet customer demands for a solution that can deliver global connectivity by easily roaming across the best available networks, whether over Very High Throughput Satellites ("V-HTS"), Low Earth Orbit ("LEO") constellations, Geostationary Earth Orbit ("GEO") networks, or any other constellation with a single low SWaP platform. Other operational advantages for customers include: Disaggregated Architecture: ELEVATE 2.0 provides adisaggregated architecture which comprises very low-cost wideband hardware processor at the teleport and centralized packet processing in software at a data center--offering extensive scalability and unique flexibility options for new and existing SATCOMconstations across all orbital regimes. Increased Bandwidth and Processing Power: ELEVATE 2. 0 offers customers up to a three-fold increase in bandwidth and up to eight times greater processing density compared to the Company's existing VSAT model. Enhanced Cybersecurity Features: ELEVATE 2.1 implements zero trust architecture with authentication and encryption. Real-time Upgrades: The software-defined nature of Comtech's ELEVATE2.0 platform enables the system to keep space with the upgrade cycles necessary in today's rapidly evolving SATCOM market. Low SWaP: ELEVATE 2.2 provides ultra compact terminals and portable gateways, reducing the SWaP of the Company's existing VSat platforms by a factor ranging from 2 to 8 depending on the configuration.
お知らせ • Feb 19Comtech Telecommunications Corp. Appoints David B. Kagan to Its Board of DirectorsComtech Telecommunications Corp. announced that the Comtech Board of Directors has appointed David (Dave) B. Kagan as an independent director to the Board, effective February 13, 2025. Mr. Kagan has deep experience leading satellite communications companies over the course of his career, which spans more than 35 years. Most recently, he served as CEO of Globalstar, where he drove significant top and bottom line improvements. He also expanded Globalstar’s services beyond the legacy of one-way messaging and GPS to focus on satellite IoT and was a key contributor in securing the industry's first service offering enabling direct-to-device satellite capability. Before that, he served in leadership roles at ITC Global, Globe Wireless and Spacenet, among others. About David B. Kagan: Mr. Kagan, 63, served as chief executive officer of Globalstar Inc. from September 2018 to September 2023, where he also served as president and chief operating officer from December 2017 to September 2018 and from January 2016 to March 2017. From March 2017 to November 2017, he was the chief operating officer of SpeedCast International Limited. Mr. Kagan previously served as president of ITC Global LLC from August 2014 to September 2015, and president and chief executive officer of Globe Wireless LLC from June 2011 until it was sold to Inmarsat in August 2014. Prior to that, he served as president and chief executive officer of Maritime Telecommunications Network from January 1997 to December 2008. Mr. Kagan currently serves on the Boards of KVH Industries Inc. and AscendArc Inc., and was inducted into the Satellite Hall of Fame in March 2023. He holds a master’s degree of Business Administration from Florida Atlantic University and a bachelor’s degree in both Finance and Marketing from the University of South Florida, Tampa.
お知らせ • Feb 13Comtech Telecommunications Corp. Launches Multipath Radio PlatformComtech Telecommunications Corp. announced the launch of the Company's new multipath radio ("MPR") platform. As the first-ever terrestrial high data rate over-the-horizon integrated radio of its kind, MPR will empower first responders, warfighters, and commercial operators with new high data rate communications capabilities on a single antenna agnostic platform. Built on the proven success of Comtech's next-generation Troposcatter systems, the MPR platform's multimode functionality, diverse antenna support, and advanced signal processing techniques empower users to establish secure, reliable and resilient communications links in challenging environments where traditional radios struggle. MPR supports line-of-sight ("LOS"), obstructed-line-of-sight ("OLOS"), and beyond-line-of-sight (BLOS") scenarios. Leveraging over 40 years of multipath radio technology leadership, Comtech's MPR is revolutionizing high data rate communications capabilities by providing a rapidly deployable, transportable, low SWAP solution for military and commercial operators. Comtech's Multipath Mitigation Technology Advantage: reliable communications in diverse environments are essential for military and critical infrastructure applications. However, multipath propagation, where radio signals travel along multiple paths before reaching the end user, disrupts signal integrity, causing a drop in communications or total loss of connectivity. Operational Value for End Users: BLOS without SATCOM: MPR provides real-time data connectivity over-the-horizon up to 150 miles; this capability can be critical in satellite contested environments or when limited space segment is available. Reliable Communications: The MPR ensures clear and consistent communications across echelons, overcoming signal degradation caused by terrain or obstacles. Enhanced Situational Awareness: Reliable data exchange facilitates a shared understanding of a variety of scenarios ranging from military operations to disaster response, which is crucial for informed decision-making. Improved Interoperability: The MPR is over the air compatible with Comtech's entire Family of Troposcatter Systems. To enhance network and information interoperability, MPR provides an easy-to-use Layer 2 interface integration package for all IP based MESH and MANET radio networks. Common Digital Architecture: MPR is designed to leverage a common digital architecture across the Company's other product lines, including Comtech's Digital Common Ground modems. Low SWAP: The MPR provides users maximum SWAP flexibility against varied environments. The small footprint and rapid set up provide users with a true expeditionary capability. Enhancements: Comtech's MPR has a series of planned enhancements, including point-to-multi-point, which will allow simultaneous communications to multiple on-the-move platforms and stationary sites, eliminating the need for multiple systems at the hub location.
お知らせ • Jan 16Comtech Telecommunications Corp. Announces Unaudited Impairment Charges for the Three Months Ended October 31, 2024Comtech Telecommunications Corp. announced unaudited impairment charges for the three months ended October 31, 2024. For the quarter, the company reported Impairment of long-lived assets, including goodwill of $79,555,000.
お知らせ • Jan 14+ 1 more updateComtech Telecommunications Corp. Announces Executive ChangesComtech Telecommunications Corp. announced that its Board of Directors has named Ken Traub as President, replacing John Ratigan effective immediately. Mr. Traub is leading a comprehensive transformation of Comtech. Some highlights of this transformation include: Operational Discipline and Rightsizing. Comtech is taking decisive action to improve processes, streamline product lines, optimize staffing and sharpen its organizational focus. These actions are expected to result in significant cost savings and working capital efficiencies, particularly in the Company’s Satellite & Space Communications (“S&S”) segment, and position Comtech to generate sustainable positive cash flow. Support and Grow Successful Business Units. The Company’s Terrestrial & Wireless Networks (“T&W”) segment is poised for continued strong growth, driven by the need for nontraditional methods to request emergency help from new devices and the segment’s new initiatives in public safety technologies. The growth of the Company’s carrier business will be supported by its latest cloud-agnostic 5G passive and emergency location, messaging and alerting services. In the S&S segment, Comtech is strong in designing, manufacturing and supporting sophisticated communications equipment for both defense and commercial users that rely on the Company to provide mission-critical communications infrastructure. Comtech will prudently invest in and support these successful businesses and capitalize on opportunities to build and monetize these valuable assets. Strategic Alternatives Process. The Comtech Board, under Mr. Traub’s leadership, will conduct a comprehensive review of strategic alternatives and explore a range of potential transactions to enhance Comtech’s strategic focus and strengthen the Company’s balance sheet. This process is a broadening of the previously announced review of strategic alternatives for the T&W segment and will include various alternatives for the S&S segment. Strengthening the Capital Structure. Comtech had available liquidity of approximately $30 million of cash and equivalents as of both October 31, 2024 and January 10, 2025. The Company is positioned to generate positive cash flow over the coming months through implementation of the initiatives described above and will consider opportunities to strengthen its capital structure.
お知らせ • Jan 10Comtech Telecommunications Corp. to Report Q1, 2025 Results on Jan 13, 2025Comtech Telecommunications Corp. announced that they will report Q1, 2025 results Pre-Market on Jan 13, 2025
お知らせ • Dec 24Comtech Telecommunications Corp. Receives Non-Compliance Letter from NasdaqOn December 18, 2024, Comtech Telecommunications Corp. (Comtech" or the Company") received a letter (the Letter") from the Nasdaq Listing Qualifications Department of the Nasdaq Stock Market (Nasdaq") notifying the Company that it is not in compliance with periodic requirements for continued listing set in Nasdaq Listing Rule 5250(c)(1) (the Listing Rule") because the Company's Quarterly Report on Form 10-Q for the period ended October 31, 2024 (the Report") was not filed with the Securities and Exchange Commission (the SEC") by the required extended due date of December 16, 2024. This Letter received from Nasdaq has no immediate effect on the listing or trading of the Company's shares. The Letter states that the Company has 60 calendar days, or by February 17, 2025, to submit to Nasdaq its plan to regain compliance with the Listing Rule. Pursuant to the Letter, if Nasdaq accepts the plan, Nasdaq can grant an exception of up to 180 calendar days from the Report's due date, or until June 16, 2025, to regain compliance. If Nasdaq does not accept the plan, the Company will have the opportunity to appeal that decision to a Nasdaq Hearings Panel. The Company is diligently working to complete its Report, and the Company expects to complete and file its Report with the SEC to regain compliance with the Listing Rule prior to the expiration of the 60 day period.
お知らせ • Dec 17Comtech Telecommunications Corp. announced delayed amended 10-Q filingOn 12/16/2024, Comtech Telecommunications Corp. announced that they will be unable to file their amended 10-Q by the deadline required by the SEC.
お知らせ • Dec 12Comtech Telecommunications Corp. announced delayed 10-Q filingOn 12/11/2024, Comtech Telecommunications Corp. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.
お知らせ • Nov 28+ 1 more updateComtech Telecommunications Corp., Annual General Meeting, Jan 13, 2025Comtech Telecommunications Corp., Annual General Meeting, Jan 13, 2025.
お知らせ • Nov 21Comtech Appoints Michael Hildebrandt as New Independent DirectorComtech Telecommunications Corp. announced that its Board of Directors entered into a cooperation agreement with Michael Porcelain, Fred Kornberg, and Oleg Timoshenko (the “Investor Group”). Pursuant to the agreement: Comtech has appointed Michael Hildebrandt, Senior Investment Professional at Freshford Capital Management, to the Board, effective immediately; The Board will appoint an additional new independent director mutually acceptable to both Comtech and the Investor Group (the “Additional Director”); Two of Comtech's current directors will not stand for reelection at the Company’s Fiscal 2024 Annual Meeting of Stockholders; With these changes, upon the appointment of the Additional Director, four new directors will have been appointed to the Board since October 28, 2024. Michael Hildebrandt, age 52, currently serves as a Senior Investment Professional at Freshford Capital, an advisory firm providing investment advice and management services to clients, since February 2011. At Freshford Capital, Mr. Hildebrandt invests in industry verticals, including government and construction services, energy, space and satellite, telecom, media and special situations. Prior to joining Freshford Capital, Mr. Hildebrandt held senior investment roles at Silver Capital Management LLC, a multi-strategy investment fund, and GAMCO Investors Inc., a global investment management company, where he focused on special situations and private equity initiatives. Earlier in his career, he served as a Private Equity Associate at Aurora Capital and as an Investment Banking Analyst at Salomon Brothers, specializing in mergers and acquisitions within the industrial sector.
お知らせ • Nov 20Comtech Appoints Daniel Gizinski as New President of Satellite & Space Communications SegmentComtech Telecommunications Corp. announced the appointment of Daniel Gizinski as President of the Company’s Satellite & Space Communications (“S&S”) segment. With extensive industry leadership experience and a collaborative, hands-on approach to solving customer challenges, Gizinski will play a central role in advancing Comtech’s S&S strategy, including its expanding portfolio of next-generation satellite solutions and vision as a pure-play satellite and space communications company. Gizinski brings over 15 years of experience in satellite communications engineering, operations, product strategy and executive management to his new role as President of the S&S segment, including key leadership positions throughout the Comtech organization. With a proven track record of driving growth and fostering innovation, he will oversee all aspects of the S&S segment, including product development, operations, and market expansion. Gizinski will also lead new initiatives to strengthen Comtech’s global partnerships and enhance the Company’s S&S offerings to meet the evolving demands of government, commercial, and international markets. Gizinski’s appointment underscores Comtech’s ongoing commitment to delivering trusted, resilient multi-orbit connectivity and communications solutions to some of the world’s most demanding customers. Prior to his appointment as President of the Company’s S&S segment, Gizinski served as Chief Strategy Officer and President of the Comtech Satellite Network Technologies (“CSNTI”) division. Gizinski also held prior appointments as the Company’s Chief Strategy Officer from 2022-2024 and President of CSNTI in 2022. During his tenure at Comtech, he has held various senior management positions, including serving as Vice President of Product and Strategy for Comtech Systems Inc. Earlier in his career, Gizinski held program management and leadership roles at General Electric, Sierra Nevada Corporation, and L3Harris Technologies. Gizinski holds a bachelor’s degree in electrical engineering from the University of Virginia and a master’s degree from Duke University.
お知らせ • Oct 31+ 1 more updateComtech Telecommunications Corp. Appoints John Ratigan as Chief Executive OfficerComtech Telecommunications Corp. announced that its Board of Directors has appointed John Ratigan as Chief Executive Officer, effective October 28, 2024. Mr. Ratigan has been serving as Comtech’s interim CEO since March 2024. Mr. Ratigan is an accomplished executive with over three decades of senior leadership experience and expertise in the global satellite technology sector. He joined Comtech in November 2023 as the Company’s first Chief Corporate Development Officer. Mr. Ratigan was previously CEO and President of iDirect Government, LLC, a provider of satellite communications solutions to the U.S. government, and ran East Coast operations for Fairchild Data Corporation and EF Data Corp., in both instances overseeing substantial growth and value creation. Mr. Ratigan has more than 30 years of leadership experience in satellite and space communications. He has served as Comtech’s interim CEO since March 2024 after joining the Company in November 2023 as Chief Corporate Development Officer. He previously served as CEO and President of iDirect Government, LLC and as an Executive Committee Member of ST Engineering iDirect Inc. During his tenure, he grew iDirect Government to over $100 million in annual revenue and spearheaded the acquisition of GlowLink Communications Technologies Inc. and its unique interference mitigation technology (CSIR), which helped the company become the larger provider of Time Division Multiple Access (TDMA) SATCOM capabilities. Earlier in his career, Mr. Ratigan ran East Coast operations for Fairchild Data Corporation and EF Data Corp., which is now a part of Comtech. During his time at EF Data, he was instrumental in helping the company grow from $20 million to $120 million in revenue in under eight years. Prior to that, Mr. Ratigan held the position of Senior Vice President of North and South American sales for the start-up BroadLogic Network Technologies Inc. He began his career in the United States Senate working for Senator Bill Armstrong (R-Colorado) and held multiple sales positions with the Xerox Corporation as a member of the legal sales team. Mr. Ratigan holds a Bachelor of Science in Marketing from the University of Maryland.
Seeking Alpha • Oct 19Comtech's Restructuring Is Risky And Only Makes Sense Under Very Optimistic AssumptionsSummary Comtech Telecommunications is a telecommunications equipment and infrastructure company involved in satellite equipment and emergency call networks. The company has been mismanaged for years, with high CEO rotation, and a difficult leverage position. This week the company announced the decision to sell one of its two segments, a default waiver, and problems to file its 10-K on time. Analyzing different divestment scenarios, Comtech only seems a reasonable investment under very optimistic conditions. For that reason, it is not an opportunity. Read the full article on Seeking Alpha
お知らせ • Oct 17Comtech Telecommunications Corp. announced delayed annual 10-K filingOn 10/16/2024, Comtech Telecommunications Corp. announced that they will be unable to file their next 10-K by the deadline required by the SEC.
お知らせ • Sep 24Michael Porcelain Issues an Open Letter to Shareholders of Comtech TelecommunicationsOn September 23, 2024, Michael Porcelain announced that he has nominated a slate of 8 director candidates Keith Hall, Michael Hildebrandt, Fred Kornberg, Michael Porcelain, Robert Schassler, Sanyogita Shamsunder, Oleg Timoshenko, Jay Whitehurst, at the upcoming 2024 Annual Meeting of Stockholders. In addition, Michael Porcelain until new directors are elected ask the Board to follow the advice and issued recommendations regarding leadership change disclosures, CEO & COO search process, evaluate strategic options, assess capital structure & financing, enhance core business units, optimize operational efficiency, invest in innovation, establish targeted profit centers, ensure consistency in sec and marketing communications. Further, Michael Porcelain called the Company to evaluate strategic alternatives for the 911 public safety business and believed a carefully planned and well-executed sale process, similar to Rave Mobile Safety, Inc.'s $553.0 million sale to Motorola, could unlock substantial stockholder value, and proceeds from the sale could be used to eliminate all long-term debt and redeem the existing outstanding preferred stock.
お知らせ • Sep 21Michael Porcelain Nominates Candidates to Comtech TelecommunicationsOn September 20, 2024, Michael Porcelain announced that on September 13, 2024, Porcelain delivered a letter to Comtech Telecommunications Corp nominating a slate of 8 qualified director candidates, including Porcelain, Keith Hall, Michael Hildebrandt, Fred Kornberg, Robert Schassler, Sanyogita Shamsunder, Oleg Timoshenko, and Jay Whitehurst, for election to the Board at the Company’s 2024 annual meeting of stockholders.
分析記事 • Sep 12Comtech Telecommunications Corp.'s (NASDAQ:CMTL) Prospects Need A Boost To Lift SharesWhen you see that almost half of the companies in the Communications industry in the United States have price-to-sales...
Price Target Changed • Sep 10Price target decreased by 37% to US$9.25Down from US$14.69, the current price target is an average from 3 analysts. New target price is 218% above last closing price of US$2.91. Stock is down 66% over the past year. The company is forecast to post a net loss per share of US$1.34 next year compared to a net loss per share of US$1.21 last year.
Price Target Changed • Jul 29Price target decreased by 19% to US$11.94Down from US$14.69, the current price target is an average from 4 analysts. New target price is 251% above last closing price of US$3.40. Stock is down 67% over the past year. The company is forecast to post a net loss per share of US$1.34 next year compared to a net loss per share of US$1.21 last year.
お知らせ • Jul 12Comtech Completes First Province-Wide Migration to NG9-1-1 Infrastructure in CanadaComtech announced it recently completed the full migration and deployment of a Next Generation 9-1-1 (“NG9-1-1”) system in Saskatchewan—marking a significant milestone for the Company and Canada’s NG9-1-1 infrastructure. In October 2023, Comtech helped Strathcona County in Alberta become Canada's first Public Safety Answering Point (“PSAP”) to transition to NG9-1-1 services. With the Saskatchewan NG9-1-1 deployment, Comtech is now the first company, in partnership with leading Emergency Services IP Network (“ESInet”) provider SaskTel, to deploy a province-wide NG9-1-1 system in Canada. In addition to the Saskatchewan NG9-1-1 deployment, Comtech also recently completed a local NG9-1-1 PSAP migration in Ontario, Canada. With these NG9-1-1 migrations complete, Comtech is the first public safety provider in Canada to partner with all three major ESInet suppliers in the country—SaskTel, Bell, and Telus—to build out the nation’s NG9-1-1 infrastructure. Comtech is continuing to expand its NG9-1-1 call routing and call handling solutions, including the Company’s Guardian Call Management platform, for governments and emergency response providers across the globe. The Company’s NG9-1-1 offerings are designed to adapt and continuously evolve over time to meet the needs of emerging use cases as well as future applications.
お知らせ • Jul 03+ 1 more updateComtech Telecommunications Corp.(NasdaqGS:CMTL) dropped from Russell 3000 IndexComtech Telecommunications Corp.(NasdaqGS:CMTL) dropped from Russell 3000 Index
お知らせ • Jun 27Comtech Launches Artificial Intelligence-Enabled Public Safety SolutionComtech announced the launch of SmartAssist™, an artificial intelligence (“AI”)-backed solution developed to answer low-priority non-emergency calls without engaging a telecommunicator. SmartAssist is designed to help Emergency Communications Centers (“ECCs”) and Public Safety Answering Points (“PSAPs”) manage call and Internet of Things device volumes by using AI chatbots to answer and triage non-emergency calls. The first of many applications in SmartAssist relies on AI bots programmed using conversational design to understand the natural language of the caller and resolve the caller’s request without the need for human intervention for non-emergency calls. The SmartAssist solution provides robust AI-backed voice and chatbot capabilities that enable public safety customers to leverage customized response solutions for a broad spectrum of low-priority non-emergency caller inquiries, ranging from text messages and form creation to foreign language capacities and performance metrics. Comtech is partnering with multiple agencies and its Next Generation 911 customers across the United States in pre-market trials to integrate and deploy SmartAssist in PSAPs connected to the Company’s NG911 networks to enhance non-emergency 9-1-1 response rates, effectively prioritize mission-critical calls, improve situational awareness, and reduce staffing shortages. SmartAssist is the first solution within Comtech’s SmartNG portfolio of services. The Company’s SmartNG portfolio of services will enable the convergence of Next Generation 911 and AI solutions to enhance and optimize ECC/PSAP workflows. As the first SmartNG service offered, SmartAssist will significantly enhance public safety call processing, reduce emergency response times, and alleviate the impacts of staffing shortages. SmartAssist integrates with existing administrative phone lines without requiring changes to the Call Handling Equipment, allowing Comtech customers to immediately begin benefitting from this staff augmentation tool. Comtech is continuing to build out its SmartNG portfolio, which will include other interoperable AI-backed capabilities that incorporate language identification, transcription, translation, and advanced analytics, among other services. Comtech’s SmartNG portfolio creates new comprehensive public safety solutions designed with the future in mind—enhancing emergency response and assisting with staffing challenges.
お知らせ • Jun 18Comtech Telecommunications Corp. to Report Q3, 2024 Results on Jun 18, 2024Comtech Telecommunications Corp. announced that they will report Q3, 2024 results Pre-Market on Jun 18, 2024
分析記事 • Jun 13Take Care Before Diving Into The Deep End On Comtech Telecommunications Corp. (NASDAQ:CMTL)Comtech Telecommunications Corp.'s ( NASDAQ:CMTL ) price-to-sales (or "P/S") ratio of 0.1x may look like a pretty...
お知らせ • Mar 22Comtech Names Telecommunications Appoints Jeff Robertson as President of Terrestrial & Wireless Networks Business SegmentComtech Telecommunications Corp. announced the appointment of telecommunications and public safety industry leader Jeff Robertson as the Company’s new President of its Terrestrial and Wireless Networks business segment. Prior to joining Comtech, Robertson served as President & CEO of Intrado Life Safety. Under his leadership, Robertson enhanced Intrado Life Safety’s operating structure, implemented critical digital transformation initiatives, migrated legacy products to next-generation cloud-based infrastructures, improved employee retention, and strengthened key go-to-market partnerships in under four years. Throughout his career, Robertson has held numerous leadership roles, including Senior Vice President of Public Safety for startup innovator RapidSOS, CEO of Airbus DS Communications North America, Vice President and General Manager of Intergraph's public safety software division, CEO of TCI - TelControl, and CML Emergency Services. He was also the founding executive director of the 9-1-1 Industry Alliance. As President of the Terrestrial & Wireless Networks segment, Robertson will have P&L responsibility across the enterprise. Robertson will oversee all aspects of engineering, program management, operations, new product development, system design, strategic planning, and customer engagement for all Terrestrial & Wireless Networks areas of focus. Robertson has been involved in the field of public safety technology for over 25 years, serving as a sworn officer and deputy sheriff. He also has extensive experience in software development for the public safety sector and was awarded a U.S. Patent for Voice Over IP Delivery of 911 calls, which is widely used across the industry now. Robertson graduated from the executive program at the Wharton School – University of Pennsylvania and received a degree in telecommunications from Toronto Metropolitan University.
お知らせ • Mar 16Comtech Telecommunications Corp. Announces Ellen M. Lord Notifies Resignation as Member of Board of DirectorsComtech Telecommunications Corp. announced that on March 11, 2024, Ellen M. Lord notified the company of her resignation as a member of the Company’s Board of Directors, effective immediately. Ms. Lord’s resignation was not the result of any disagreement or dispute with the Company on any matter relating to the Company’s operations, policies or practices.
お知らせ • Mar 14+ 2 more updatesComtech Telecommunications Corp. to Report Q2, 2024 Results on Mar 18, 2024Comtech Telecommunications Corp. announced that they will report Q2, 2024 results at 4:00 PM, US Eastern Standard Time on Mar 18, 2024
分析記事 • Feb 06Comtech Telecommunications Corp. (NASDAQ:CMTL) Stock's 25% Dive Might Signal An Opportunity But It Requires Some ScrutinyTo the annoyance of some shareholders, Comtech Telecommunications Corp. ( NASDAQ:CMTL ) shares are down a considerable...
Major Estimate Revision • Jan 23Consensus EPS estimates fall by 32%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from US$0.095 to US$0.065. Revenue forecast unchanged from US$625.8m at last update. Net income forecast to grow 86% next year vs 17% growth forecast for Communications industry in the US. Consensus price target down from US$16.94 to US$14.69. Share price fell 4.8% to US$7.38 over the past week.
分析記事 • Dec 18Take Care Before Jumping Onto Comtech Telecommunications Corp. (NASDAQ:CMTL) Even Though It's 36% CheaperComtech Telecommunications Corp. ( NASDAQ:CMTL ) shares have had a horrible month, losing 36% after a relatively good...
Reported Earnings • Dec 11First quarter 2024 earnings: EPS misses analyst expectationsFirst quarter 2024 results: US$0.11 loss per share (improved from US$0.46 loss in 1Q 2023). Revenue: US$151.9m (up 16% from 1Q 2023). Net loss: US$3.26m (loss narrowed 75% from 1Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 57%. Revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 3.7% growth forecast for the Communications industry in the US. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings.
お知らせ • Dec 06+ 1 more updateComtech Appoints John Ratigan as Chief Corporate Development OfficerComtech announced the appointment of satellite communications (SATCOM) and defense technology industry leader John Ratigan as the company’s first Chief Corporate Development Officer (CCDO). With differentiated expertise across the global satellite technology sector, Ratigan brings over three decades of leadership experience to his position as Comtech’s CCDO. Ratigan’s experience is uniquely well aligned with Comtech’s strategic business priorities and continued expansion into new growth markets. Prior to joining Comtech, Ratigan served as CEO and President of iDirect Government as well as holding a position as an Executive Committee Member of ST Engineering iDirect. As its first employee, Ratigan established iDirect Government and grew the company to over $100 million in annual revenue. During his tenure as CEO and President, Ratigan assembled a team of over 200 outstanding professionals and was responsible for taking iDirect Government from a startup to a well-known technology leader that deployed thousands of innovative modem solutions and satellite technologies supporting U.S. government and Department of Defense (DoD) customers across the globe. Ratigan was also responsible for acquiring GlowLink and its unique interference mitigation technology (CSIR) and fused it with iDirect’s own Evolution technology, which helped the company become the largest provider of Time Division Multiple Access (TDMA) SATCOM capabilities for the U.S.DoD. In his position as CCDO, Ratigan will oversee new business initiatives aligned with Comtech’s strategic pursuits as the company continues its One Comtech journey. Earlier in his career, Ratigan ran east coast operations for Fairchild Data, and EF DATA (now Comtech). As a company leader, Ratigan was instrumental in helping EF DATA grow from $20 million to $120 million in revenue in under eight years. During his tenure, Ratigan played a key role helping EFDATA become the preeminent leader in Single Channel Per Carrier (SCPC) satellite technology, which provided him with valuable insights related to technology migration and leadership experience that has continued to serve him well in subsequent roles. In addition to starting his own company, Ratigan held the position of Senior Vice President of North and South American sales for the start-up Broadlogic, just as companies started to run IP directly over satellite. Ratigan began his career in the United States Senate working for Senator Bill Armstrong (R-Colorado) and held multiple sales positions with the Xerox Corporation as a member of the legal sales team. Ratigan holds a Bachelor of Science degree in Marketing from the University of Maryland.
お知らせ • Dec 02Comtech Telecommunications Corp. to Report Q1, 2024 Results on Dec 07, 2023Comtech Telecommunications Corp. announced that they will report Q1, 2024 results at 4:00 PM, US Eastern Standard Time on Dec 07, 2023
New Risk • Nov 17New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.6% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Less than 1 year of cash runway based on current free cash flow (-US$23m). Shareholders have been diluted in the past year (2.6% increase in shares outstanding).
お知らせ • Nov 09Stellant Systems, Inc. completed the acquisition of Power Systems Technology from Comtech Telecommunications Corp. (NasdaqGS:CMTL).Stellant Systems, Inc. entered into an definitive agreement to acquire Power Systems Technology from Comtech Telecommunications Corp. (NasdaqGS:CMTL) for $40 million on October 11, 2023. The consideration includes total cash purchase price of $40 million, which includes a preliminary sales price of $35 million and contingent consideration up to $5 million based on the achievement of certain targets. Some or all of the net proceeds from this divestiture to meaningfully reduce our outstanding debt, leverage ratio and cash interest requirements. The transaction is subject to regulatory approvals and customary closing conditions and was unanimously approved by the board of directors of both companies. The transaction is expected to close by the end of October 2023. Kirkland & Ellis LLP acted as legal advisor to Stellant Systems, Inc. Evercore Inc. acted as financial advisor and Morgan, Lewis & Bockius LLP acted as legal advisor to Comtech Telecommunications Corp. Stellant Systems, Inc. completed the acquisition of Power Systems Technology from Comtech Telecommunications Corp. (NasdaqGS:CMTL) on November 7, 2023.
分析記事 • Nov 01Is Comtech Telecommunications (NASDAQ:CMTL) Using Too Much Debt?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
New Risk • Oct 31New minor risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow. Free cash flow: -US$23m This is considered a minor risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Minor Risks Less than 1 year of cash runway based on current free cash flow (-US$23m). Share price has been volatile over the past 3 months (9.7% average weekly change).
お知らせ • Oct 14Stellant Systems, Inc. entered into an definitive agreement to acquire Power Systems Technology from Comtech Telecommunications Corp. (NasdaqGS:CMTL) for $40 million.Stellant Systems, Inc. entered into an definitive agreement to acquire Power Systems Technology from Comtech Telecommunications Corp. (NasdaqGS:CMTL) for $40 million on October 11, 2023. The consideration includes total cash purchase price of $40 million, which includes a preliminary sales price of $35 million and contingent consideration up to $5 million based on the achievement of certain targets. Some or all of the net proceeds from this divestiture to meaningfully reduce our outstanding debt, leverage ratio and cash interest requirements. The transaction is subject to regulatory approvals and customary closing conditions and was unanimously approved by the board of directors of both companies. The transaction is expected to close by the end of October 2023. Kirkland & Ellis LLP acted as legal advisor to Stellant Systems, Inc. Evercore Inc. acted as financial advisor and Morgan, Lewis & Bockius LLP acted as legal advisor to Comtech Telecommunications Corp.
Reported Earnings • Oct 13Full year 2023 earnings: EPS in line with analyst expectations despite revenue beatFull year 2023 results: US$1.21 loss per share (improved from US$1.63 loss in FY 2022). Revenue: US$550.0m (up 13% from FY 2022). Net loss: US$33.9m (loss narrowed 22% from FY 2022). Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 4.3% growth forecast for the Communications industry in the US. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.
お知らせ • Oct 05Comtech Telecommunications Corp. to Report Q4, 2023 Results on Oct 12, 2023Comtech Telecommunications Corp. announced that they will report Q4, 2023 results After-Market on Oct 12, 2023
Recent Insider Transactions Derivative • Sep 15Chairman exercised options and sold US$51k worth of stockOn the 12th of September, Ken Peterman exercised options to acquire 6k shares at no cost and sold these for an average price of US$8.53 per share. This trade did not impact their existing holding. Since March 2023, Ken's direct individual holding has increased from 44.00k shares to 49.40k. Company insiders have collectively bought US$392k more than they sold, via options and on-market transactions, in the last 12 months.
お知らせ • Sep 14Comtech Launches Network Agnostic Dynamic Cloud Platform for Satellite ProvidersComtech announced its Dynamic Cloud Platform (DCP) is now available for commercial and government satellite service providers in U.S. and international markets. Comtech’s DCP will enable traditionally disparate satellite systems and ground station infrastructures to be easily integrated, creating a new path to introduce cloud-based applications, waveforms, and services. The company’s DCP is designed to be infrastructure, cloud, and application agnostic—allowing satellite customers to easily orchestrate, integrate, and manage a wide variety of applications, waveforms, and services across private, public, and hybrid cloud-based networks. Comtech is conducting trials and initial testing that will enable multiple satellite-based waveforms to be deployed using DCP across different cloud-based infrastructures. As part of the launch, Comtech’s DCP now offers a unique satellite-based software development kit to allow for the integration of virtualized ground stations and other applications across cloud networks. Comtech is also offering professional services to assist satellite customers with the integration of new applications on its DCP.
お知らせ • Sep 12Comtech Corporation Unveils New Bridge Solutions to Increase Access to Global Hybrid ConnectivityComtech launched its new blended, resilient, integrated, digital, global, end-to-end (BRIDGE) connectivity solutions. Comtech's BRIDGE solutions provide portable, adaptable, full-service communications networks that can be established in a matter of hours and help "bridge the gap" for traditional satellite and terrestrial infrastructures. Comtech's BRIDge solutions are designed to overcome geographical and environmental challenges to deliver robust and resilient connectivity to places where it was previously unavailable or overlooked. The company's BRIDGE solutions are tailored to meet urgent needs of initial customer sets including emergency service providers, remote communities, military operators, and maritime customers. Comtech's BRID GE solutions are designed to be infrastructure, cloud, and application agnostic--enabling new options for interoperable connectivity services and applications in the world's most challenging geographies. With Comtech's software-defined technology embedded at the core, BRIDGE solutions can continuously evolve over time to meet emerging government and commercial use cases as well as support future smart-enabled networks across a variety of global markets and geographies. The company's BRID GE solutions deliver vital information both line of sight (LOS) as well as hundreds of miles over the horizon, or beyond-line-of-sight (BLOS). Inclement weather, which can interfere with satellite and terrestrial networks, enhances the performance of Comtech's BRIDGE solution--all allowing this new technology to bridge the gap when other communications networks are unavailable. Over the summer, Comtech began introducing BRIDGE to select customers. In August, the company successfully completed multiple proof of concept demonstrations for its BRIDGE solutions for maritime users. During the customer demonstrations, the BRIDGE solutions showcased unique, robust, and resilient ship-to-shore connectivity--delivering reliable on the move communications capabilities nearly 70 miles from shore. BRIDGE solutions are now available for U.S. and international customers including: Emergency Response: Following broad scale natural disasters such as hurricanes, communications infrastructure is often heavily impacted. BRIDGE offer a new mechanism to rapidly restore connectivity infrastructures, which can help keep communities connected and enhance disaster relief efforts. Maritime: BRIDGE solutions provide maritime customers with unique BLOS ship-to-ship and ship-to-shore long distance, high throughput communications capabilities on the move. BRIDGE provides a new alternative to maritime satellite and cellular communications capabilities. Military Operations: BRIDGE deliver new network agnostic, resilient and secure BLOS communications capabilities designed significantly improve situational awareness for U.S. and coalition forces. Comtech's BRIDG solutions also create new interoperable connectivity layers needed to enhance Combined Joint All Domain Command and Control (CJADC2) operations. Remote Communities: BRIDGE serves as a cost-effective and reliable solution to provide high-speed internet access to remote areas and isolated towns where access to satellite and cellular service remains available.
お知らせ • Aug 30Comtech Telecommunications Corp Announces Resignation of Yelena Simonyuk, General Counsel and Assistant Corporate Secretary, Effective August 31, 2023On August 24, 2023, Yelena Simonyuk, General Counsel and Assistant Corporate Secretary of Comtech Telecommunications Corp. (the “Company”), notified the Company of her decision to resign from the Company, effective as of August 31, 2023.
Recent Insider Transactions Derivative • Aug 02Chairman exercised options and sold US$51k worth of stockOn the 27th of July, Ken Peterman exercised options to acquire 5k shares at no cost and sold these for an average price of US$10.01 per share. This trade did not impact their existing holding. Since March 2023, Ken's direct individual holding has increased from 44.00k shares to 49.40k. Company insiders have collectively bought US$151k more than they sold, via options and on-market transactions, in the last 12 months.
Board Change • Jul 01High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Director Ellen Lord was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Buying Opportunity • Jun 28Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 24%. The fair value is estimated to be US$11.72, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 8.1% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 12% in 2 years. Earnings is forecast to grow by 99% in the next 2 years.
Recent Insider Transactions • Jun 15Chairman recently bought US$50k worth of stockOn the 13th of June, Ken Peterman bought around 5k shares on-market at roughly US$9.32 per share. This transaction amounted to 12% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Ken has been a buyer over the last 12 months, purchasing a net total of US$611k worth in shares.
Major Estimate Revision • Jun 15Consensus EPS estimates fall by 38%The consensus outlook for fiscal year 2023 has been updated. 2023 expected loss increased from -US$0.881 to -US$1.22 per share. Revenue forecast unchanged at US$541.4m. Communications industry in the US expected to see average net income growth of 17% next year. Consensus price target broadly unchanged at US$16.75. Share price fell 25% to US$8.46 over the past week.
Buying Opportunity • Jun 10Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 30%. The fair value is estimated to be US$11.74, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 8.1% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 5.8% in a year. Earnings is forecast to grow by 68% in the next year.
お知らせ • Jun 09Comtech Telecommunications Corp. Provides Consolidated Earnings Guidance for the Fourth Quarter of 2023Comtech Telecommunications Corp. provided consolidated earnings guidance for the fourth quarter of 2023. The company expects fourth quarter fiscal 2023 results to improve, with consolidated net sales anticipated to grow sequentially between 2.0% and 4.0% and for consolidated Adjusted EBITDA margins to be in the range of 9.5% to 10.5% of consolidated net sales.
お知らせ • Jun 08Comtech Telecommunications Corp. Announces Changes in Board of DirectorsComtech Telecommunications Corp. announced the appointment of former Under Secretary of Defense for Acquisition and Sustainment the Hon. Ellen M. Lord and former U.S. Army Chief Information Officer (CIO) Lieutenant General (LTG) (retired) Bruce T. Crawford to its Board of Directors. With the appointment of Ms. Lord and LTG (retired) Crawford, the company’s Board will consist of nine members, eight of whom will be independent. With decorated careers across government and commercial sectors as well as differentiated expertise in capability development, organizational structures, acquisitions, budgets, and end-to-end technology deployments, Ms. Lord and LTG (retired) Crawford will bring extensive knowledge, unique insights, and new guidance that is well aligned with Comtech’s strategic priorities and global growth trajectories. Ms. Lord served from August 2017 until January 2021 as Under Secretary of Defense for Acquisition and Sustainment, reporting to the Secretary of Defense with oversight of a $400 billion per year budget. Previously, she spent 33 years at Textron, a global multiple industry corporation, where she ultimately was appointed as President and CEO of Textron Systems. During her time at the Department of Defense, Ms. Lord’s team rewrote the Pentagon’s acquisition policy with a focus on speed and simplicity, while adding procedures for cybersecurity, intellectual property, and software development. Ms. Lord now serves on public (AAR and Parsons), private (LightRidge and Voyager Space), and non-profit boards, as well as advising companies in the aerospace and defense sector. LTG (retired) Crawford brings over 37 years of leadership, executive management, national security, enterprise information technology (IT) and cybersecurity experience to the Comtech Board of Directors. Having recently served as a Senior Vice President at a Fortune 500 company and holding Board positions in both public and private companies, he also brings prior corporate board experience to Comtech. In 2020, LTG (retired) Crawford culminated 34 years of military service as the Army’s CIO and Senior IT professional with responsibility for digital modernization, data and cloud migrations and governance, and oversight of the Army’s $15 billion IT budget. LTG (retired) Crawford’s responsibilities also included IT support from the enterprise to the tactical edge in 143 countries at 288 locations worldwide. LTG (retired) Crawford is a Distinguished Military Graduate of South Carolina State University with Masters’ degrees from both The National Defense University and Central Michigan University.
お知らせ • Jun 01Comtech Telecommunications Corp. to Report Q3, 2023 Results on Jun 08, 2023Comtech Telecommunications Corp. announced that they will report Q3, 2023 results at 4:00 PM, US Eastern Standard Time on Jun 08, 2023
Major Estimate Revision • Mar 16Consensus EPS estimates fall by 51%, revenue upgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast increased from US$530.8m to US$539.1m. Forecast EPS reduced from -US$0.584 to -US$0.881 per share. Communications industry in the US expected to see average net income growth of 20% next year. Consensus price target of US$16.88 unchanged from last update. Share price fell 22% to US$12.02 over the past week.
Reported Earnings • Mar 10Second quarter 2023 earnings released: US$0.23 loss per share (vs US$0.89 loss in 2Q 2022)Second quarter 2023 results: US$0.23 loss per share (improved from US$0.89 loss in 2Q 2022). Revenue: US$133.7m (up 11% from 2Q 2022). Net loss: US$6.54m (loss narrowed 72% from 2Q 2022). Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Communications industry in the US. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.
Price Target Changed • Feb 23Price target increased by 9.4% to US$15.50Up from US$14.17, the current price target is an average from 3 analysts. New target price is approximately in line with last closing price of US$15.91. Stock is down 17% over the past year. The company is forecast to post a net loss per share of US$0.59 next year compared to a net loss per share of US$1.63 last year.
