Comtech Telecom (CMTL) PT Lowered to $35 at Jefferies
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Comtech Telecommunications Corp. Declares $0.10 Per Share Quarterly Cash Dividend
October 4, 2021 4:03 PM EDTMELVILLE, N.Y.--(BUSINESS WIRE)-- October 4, 2021-- Comtech Telecommunications Corp. (NASDAQ: CMTL) announced today that its Board of Directors declared a quarterly cash dividend of $0.10 per share, payable on November 12, 2021, to shareholders of record at the close of business on October 13, 2021. The dividend is the Companys forty-fifth consecutive quarterly dividend. The Board of Directors is currently... More
Comtech Telecommunications Corp. Reports Strong Results for Fourth Quarter and Fiscal 2021 and Provides Initial Financial Targets for Fiscal 2022
October 4, 2021 4:02 PM EDTPresident and COO Michael Porcelain to become Chief Executive Officer by Calendar Year End
MELVILLE, N.Y.--(BUSINESS WIRE)-- October 4, 2021 Comtech Telecommunications Corp. (NASDAQ: CMTL) today reported its operating results for the fourth quarter and fiscal year ended July 31, 2021. The Company also provided its initial financial targets for fiscal 2022 and announced a senior leadership transition.
Fiscal 2021 Fourth Quarter Highlights
Consolidated net sales for the fourth quarter of fiscal 2021 were $145.8 million, GAAP net income was $7.4 million and Adjusted EBITDA was $26.4 million... More
