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Comtech Telecommunications Corp. (CMTL)

- NASDAQ
  • Aug. 25, 2014, 5:53 PM
    • Comtech (NASDAQ:CMTL) says it's "exploring strategic alternatives to enhance shareholder value, including a possible merger or sale of the Company."
    • No timetable has been set for finishing the review.  Shares are higher after coming off a halt.
    • Earlier: Comtech reportedly exploring sale, receives preliminary interest
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  • Aug. 25, 2014, 4:25 PM
    • Reuters reports Comtech (CMTL +4.8%) is "exploring a potential sale and has received preliminary expressions of interest in recent weeks."
    • Citi is said to be advising the telecom equipment maker, which has mulled a sale at times in the past. Shares spiked shortly before the close on the report.
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  • Jun. 6, 2014, 12:47 PM
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  • Jun. 5, 2014, 5:35 PM
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  • Jun. 5, 2014, 4:17 PM
    • Comtech Telecommunications (CMTL): FQ3 EPS of $0.32 beats by $0.13.
    • Revenue of $88.91M (+27.3% Y/Y) beats by $11.41M.
    • Shares +2.15% AH.
    • Press Release
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  • Dec. 9, 2013, 5:47 PM
    • After-hours Top Gainers, as of 5:15 p.m.: CMTL +6.5%. DIOD +4.7%. FMI +4.2%. INTU +3.3%. LL +3.3%.
    • After-hours Top Losers, as of 5:15 p.m.: PBY -14.8%. MACK -8.9%. PLCE -5.2%. TA -4.4%. DAR -4.1%.
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  • Oct. 4, 2013, 12:09 AM
    • Comtech Telecom (CMTL): FQ4 EPS of $0.28 beats by $0.06.
    • Revenue of $84.4M beats by $0.72M. Shares +11.1% AH. (PR)
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  • Jun. 6, 2013, 8:08 PM
    More on Comtech Telecom (CMTL): FQ3 comes in mixed, coming up short on revenue but solidly beating on a per share basis. Net earnings fell 53% as a 30% Y/Y decline in total sales was felt across several businesses lines. The company also lowered its FY13 revenue outlook by $10M, now seeing $310M to $320M, but ups the lower end of its earnings guidance by $0.06 a share to $0.86 to $0.92 a share, reflecting increased share buybacks. Shares +3% AH.
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  • Mar. 7, 2013, 5:56 PM
    Comtech Telecommunications (CMTL) declares $0.275/share quarterly dividend, in line with previous. Forward yield 4.04%. For shareholders of record Apr. 19. Payable May 21. Ex-div date Apr. 17. Shares -12% AH. (PR)
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  • Dec. 10, 2012, 9:49 AM
    Comtech (CMTL +5.8%) opens higher after catching an upgrade to Overweight from JPMorgan, which views Friday's post-earnings selloff as a buying opportunity. Though Comtech expects FQ2 EBITDA to slump due in large part to weak satellite modem sales to the U.S. government, JPM notes the company also expects a strong 2H rebounds, and considers the risk-reward favorable at current depressed levels.
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  • Dec. 6, 2012, 5:19 PM
    Comtech Telecommunications (CMTL) declares $0.275/share quarterly dividend, in line with previous. Forward yield 4.26%. For shareholders of record Dec. 17. Payable Dec. 27. Ex-div date Dec. 13. The board authorized additional share repurchase of $50M. Shares -11.6% AH. (PR)
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  • Jun. 7, 2012, 4:13 PM
    Comtech Telecommunications (CMTL): FQ3 EPS of $0.29 beats by $0.05. Revenue of $99.8M (-24% Y/Y) beats by $2M. Shares +3% AH. (PR)
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  • Mar. 9, 2012, 3:01 PM
    Comtech Telecommunications (CMTL +3%) moves up after beating FQ2 estimates late yesterday. Earnings actually fell 64% Y/Y as the seller of radio-frequency amplifiers used in aircraft communications continues to see its revenue drop.
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  • Mar. 8, 2012, 5:02 PM
    Comtech Telecommunications (CMTL): FQ2 EPS of $0.27 beats by $0.06. Revenue of $99.1M (-39.1% Y/Y) beats by $6M. Shares +3.2% AH. (PR)
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  • Dec. 12, 2011, 1:47 PM
    Comtech (CMTL -1%) drift lower after Raymond James downgrades the stock to Market Perform, citing lack of near-term catalysts, and lower Q2 bookings and order trends.
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  • Dec. 8, 2011, 5:35 PM
    Comtech Telecom (CMTL) drops 4.6% AH after reporting FQ1 results. While revenue of $113.4M (-36% Y/Y) and EPS of $0.41 beat by a healthy $19.9M and $0.11, the company is maintaining its FY12 (ends July '12) revenue guidance of $400M-$430M, and just slightly lifting its EPS guidance to a range of $1.25-$1.37 ($1.20-$1.32 prior), citing macro fears and federal budget uncertainty. (M&A hopes)
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CMTL vs. ETF Alternatives
Company Description
Comtech Telecommunications Corp is engaged in designing, developing, producing and marketing products, systems and services for advanced communications solutions.