Comtech Telecom (CMTL) Announces $12.6 Million Award to Support NASA’s Artemis Spacecraft

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Comtech Telecom (CMTL) Misses Q3 EPS by 15c, Revenues Miss

June 3, 2020 4:04 PM EDT

Comtech Telecom (NASDAQ: CMTL) reported Q3 EPS of ($0.16), $0.15 worse than the analyst estimate of ($0.01). Revenue for the quarter came in at $135.1 million versus the consensus estimate of $148.83 million.

Fiscal 2020 Third Quarter Highlights

Net sales for the third quarter of fiscal 2020 were $135.1 million.Bookings during the third quarter of fiscal 2020 were $137.5 million, with a company-wide book-to-bill ratio of 1.02. Backlog as of April 30, 2020 was $640.7 million. When adding Comtech's backlog and the total unfunded value of certain multi-year contracts that Comtech has... More

Comtech Telecom (CMTL) Secures $2.8M Order for Maintenance of Downrange Tracking Stations

June 3, 2020 9:00 AM EDT

Comtech Telecommunications Corp. (NASDAQ: CMTL) announced today that during its third quarter of fiscal year 2020, its Mission-Critical Technologies groups Space & Component Technology (SCT) division, which is part of Comtechs Government Solutions segment, received a $2.8 million order from an overseas agency for ground station maintenance and support.

We are pleased that our... More