Comtech Telecom (CMTL) Secures $2.8M Order for Maintenance of Downrange Tracking Stations
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Comtech Telecom (CMTL) Misses Q3 EPS by 15c, Revenues Miss
June 3, 2020 4:04 PM EDTComtech 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... MoreComtech Telecom (CMTL) Announces $12.6 Million Award to Support NASA’s Artemis Spacecraft
June 2, 2020 9:00 AM EDTComtech Telecommunications Corp. (NASDAQ: CMTL) announced today that during its third quarter of fiscal year 2020, its Mission-Critical Technologies groups Space & Component Technology division, which is part of Comtechs Government Solutions segment, was awarded a contract valued at $12.6 million from a major U.S. prime contractor in support of NASAs Orion Production and Operations Contract (OPOC) or commonly known as the Artemis project. The Artemis project is intended to help NASA carry the first woman and next man to the moon by 2024.
Fred Kornberg, Chairman of the Board and Chief Executive Officer of... More
Comtech Telecom (CMTL) Secures Contract Upgrade Worth Over $1.3M with Tier One Telecom Company
June 1, 2020 9:04 AM EDTComtech Telecommunications Corp. (NASDAQ: CMTL) announced today that its Location Technologies group, a division of Comtechs Commercial Solutions segment, has finalized a contract upgrade worth over $1.3 million supporting 5G Location services and other enhancements with a major US-based mobile network operator.
This mobile network... More
