Comtech Telecom (CMTL) Issues Statement Following Letter From Outerbridge Capital Management LLC

Comtech Telecom (CMTL) Announces $5.6M Contract to Provide Messaging Application Support

Comtech 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

Pre-Open Stock Movers 10/05: (AGFY) (RXDX) (FLUX) Higher; (UPH) (CMTL) (RIDE) Lower (more...)

Pre-Open Stock Movers:

UpHealth, Inc. (NYSE: UPH) 33.7% LOWER; announced the pricing of its previously announced underwritten public offering (the "Offering") of 23,000,000 shares of its common stock, par value $0.0001 per share (the "Common Stock"), at a public offering price of $1.75 per share.

Agrify Corporation (Nasdaq: AGFY)... More

Comtech Telecom (CMTL) PT Lowered to $35 at Jefferies

Jefferies analyst George Notter lowered the price target on Comtech Telecom (NASDAQ: CMTL) to $35.00 (from $36.00) while maintaining a Buy rating.

The analyst commented, "July results looked solid considering remaining COVID-related impacts on the international side of the business and headwinds from US troop withdrawals... More

Noble Capital Downgrades Comtech Telecom (CMTL) to Market Perform

Noble 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.

After-Hours Stock Movers 10/04: (AGFY) (RXDX) (RYAM) Higher; (CMTL) Lower (more.

After-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 (NASDAQ: CMTL) 11.4%... More

Comtech Telecom (CMTL) Stock Falls 7% Following Q4 Results and CEO Change

Comtech 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

Comtech 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

Comtech 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