Comtech Telecom (CMTL) PT Lowered to $35 at Jefferies
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Comtech Telecom (CMTL) Announces $5.6M Contract to Provide Messaging Application Support
October 7, 2021 9:05 AM EDTComtech Telecommunications Corp. (NASDAQ: CMTL), a leading global provider of next-generation 911 emergency systems and secure wireless communications technologies, announced today, that during the first quarter of its fiscal 2022, it has finalized a maintenance renewal agreement worth over $5.6 million to continue providing messaging... More
Comtech Telecom (CMTL) Issues Statement Following Letter From Outerbridge Capital Management LLC
October 6, 2021 5:01 PM EDTComtech Telecommunications Corp. (NASDAQ: CMTL), a leading global provider of next-generation 911 emergency systems and secure wireless communications technologies, today confirmed receipt of a letter from Outerbridge Capital Management LLC.
The Company issued the following statement:
Comtech maintains regular dialogue with investors, and we are focused on executing our strategic plan to create long-term value for shareholders and all stakeholders. While we disagree with Outerbridges assessment... More
Noble Capital Downgrades Comtech Telecom (CMTL) to Market Perform
October 5, 2021 7:59 AM EDTNoble Capital analyst Joe Gomes downgraded Comtech Telecom (NASDAQ: CMTL) from Outperform to Market Perform.
For an analyst ratings summary and ratings history on Comtech Telecom click here. For more ratings news on Comtech Telecom click here.
Shares of Comtech Telecom closed at $25.50 yesterday.
... MoreAfter-Hours Stock Movers 10/04: (AGFY) (RXDX) (RYAM) Higher; (CMTL) Lower (more.
October 4, 2021 6:10 PM EDTAfter-Hours Stock Movers:
Agrify Corporation (Nasdaq: AGFY) 14.5% HIGHER; announced it has acquired Precision Extraction Solutions and Cascade Sciences, two of the leading brands that provide equipment and solutions for extraction, post-processing, and testing for the cannabis and hemp industry, from Sinclair Scientific.
Comtech Telecom (CMTL) Stock Falls 7% Following Q4 Results and CEO Change
October 4, 2021 5:00 PM EDTComtech Telecom (NASDAQ: CMTL) shares were trading more than 7% lower after-hours, following Q4 results and the companys announcement of senior leadership transition.
Q4 EPS came in at $0.23, slightly lower than the consensus estimate of $0.24. Quarterly revenue of $145.8 million was also worse than the... More
Comtech Telecom (CMTL) Declares $0.10 Quarterly Dividend; 1.6% Yield
October 4, 2021 4:04 PM EDTComtech Telecom (NASDAQ: CMTL) declared a quarterly dividend of $0.10 per share, or $0.4 annualized.
The dividend will be payable on November 12, 2021, to stockholders of record on October 13, 2021, with an ex-dividend date of October 12, 2021.
The annual yield on the dividend is 1.6 percent.
For... More
Comtech Telecom (CMTL) Misses Q4 EPS by 1c
October 4, 2021 4:03 PM EDTComtech Telecom (NASDAQ: CMTL) reported Q4 EPS of $0.23, $0.01 worse than the analyst estimate of $0.24. Revenue for the quarter came in at $145.8 million versus the consensus estimate of $149.66 million.
GUIDANCE:
Comtech Telecom sees FY2022 revenue of $580-600 million, versus the consensus... More
