TeleCommunication Systems, Inc. (TSYS) - NASDAQ
  • Nov. 23, 2015, 10:23 AM
    • Comtech (CMTL -9%) is paying $430.8M in enterprise value, or $5/share, to buy telecom hardware and services provider TeleCommunication Systems (TSYS +12.4%). The price represents a 14% premium to TCS' Friday close, and is equal to 1.2x the company's sales for the 12 months ending Sep.30.
    • The deal is expected to close "no later than March 2016." Comtech CEO Stanton Sloane: "TCS is a unique business and a leading provider of mission-critical C4ISR solutions and next generation emergency 911 services to leading cellular and VoIP providers." Comtech adds the deal lowers its exposure to "challenging" international business conditions, gives its entry into commercial markets (inc. public safety), and establishes it as a prime contractor for several U.S. government contracts.
    • $12M in cost synergies are expected in the second year after closing, and $27.5M in transaction-related expenses are forecast. TCS has risen to $4.93; Comtech made a new 52-week low of $19.55 before bouncing a bit.
    • The deal arrives four months after TCS said it's exploring strategic alternatives.
    | Nov. 23, 2015, 10:23 AM
  • Nov. 23, 2015, 9:19 AM
    | Nov. 23, 2015, 9:19 AM
  • Jul. 7, 2015, 12:46 PM
    | Jul. 7, 2015, 12:46 PM | 4 Comments
  • Jan. 28, 2014, 5:43 PM
    | Jan. 28, 2014, 5:43 PM
  • Jul. 26, 2013, 12:45 PM
    Midday top 10 gainers: GENT +52%. USU +41%. INPH +40%. PBIB +31%. MKTY.PK +29%. ETRM +21%. CREG +18%. ZHNE +17%. BCOV +17%. URRE +15%.
    Midday top 10 Losers: HTCH -30%. EXPE -25%. SWI -22%. HXM -20%. IPCI -20%. COBR -19%. TSYS -18%. GAI -17%. AIMC -17%. ZNGA -16%.
    | Jul. 26, 2013, 12:45 PM | 1 Comment
  • Jul. 25, 2013, 4:47 PM
    TeleComm System (TSYS): FQ3 EPS of -$0.01 misses by $0.03. Revenue of $92.8M (-19% Y/Y) misses by $8.22M. Shares -9.5% AH. (PR)
    | Jul. 25, 2013, 4:47 PM
  • Jul. 19, 2013, 5:32 PM
    After-hours top gainers, as of 5:15 p.m.: DRIV +3%. CYT +2%. SRC +2%. STAG +1%. PBI +1%.
    After-hours top losers: EPOL -4%. CPHD -4%. TSYS -3%. FLOW -3%. CYH -3%.
    | Jul. 19, 2013, 5:32 PM | 1 Comment
  • Feb. 1, 2013, 9:10 AM
    Premarket gainers: ADNC +30%. TSYS +15%. RAD +9%. CTRP +8%. EDAP +7%. ALU +6%. DELL +6%. VVUS +5%. PRGO +5%.
    Losers: ECTE -35%. OTT -23%. LTM -16%. SDR -11%. OCZ -8%. CLSN -7%. ALKS -7%. NMM -6%. TLAB -5%
    | Feb. 1, 2013, 9:10 AM
  • Jan. 31, 2013, 5:45 PM
    After-hours top gainers, as of 5:15 p.m.: ADNC +26%. TSYS +13%. PMCS +7%. N +7%. ABAX +5%.
    After-hours top losers: CPSI -9%. OPLK -6%. BEBE -4%. ELX -4%. LTM -4%.
    | Jan. 31, 2013, 5:45 PM
  • Oct. 26, 2012, 12:45 PM
    Midday top 10 gainers: DV +25%. AMCC +24%. RCON +21%. TASR +18%. NEU +17%. STMP +16%. VAR +16%. ELMD +14%. N +14%. TSYS +15%. Midday top 10 Losers: CBRX -42%. CTCT -26%. MXWL -23%. HMSY -21%. VRSN -19%. REDF -16%. DECK -18%. UQM -17%. IPCM -16%. BJRI -15%.
    | Oct. 26, 2012, 12:45 PM
  • Oct. 25, 2012, 6:01 PM
    TeleCommunication Systems (TSYS): Q3 EPS of $0.12 beats by $0.05. Revenue of $140.1M (+24% Y/Y) beats by $9M. Shares +13.4% AH.(PR)
    | Oct. 25, 2012, 6:01 PM
  • Oct. 25, 2012, 5:50 PM
    After-hours top gainers, as of 5:30 p.m.: PLXT +14.8%; EXPE +14.4%; TSYS +13.4%; SYNA +13.3%; DV +13.1%.
    After-hours top losers: DECK -15.8%; VRSN -14.2%; CTCT -13.1%; GTI -12.6%; IFSIA -8.4%.
    | Oct. 25, 2012, 5:50 PM
  • Aug. 31, 2012, 11:44 AM

    TeleCommunication Systems (TSYS +8.3%) jumps on an upgrade to Overweight from JPMorgan. After getting crushed in spring, the provider of E9-1-1 call routing services has rallied over the last 5 weeks. The company acquired microDATA GIS, a provider of next-gen E9-1-1 services, in early July.

    | Aug. 31, 2012, 11:44 AM
  • Aug. 31, 2012, 9:10 AM
    Premarket gainers: SPLK +15%. TSYS +12%. OVTI +11%. STEM +8%. SAI +8%. LCC +6%.
    Losers: ZUMZ -10%. GFI] -6%. HMY -5%.
    | Aug. 31, 2012, 9:10 AM
  • Jul. 6, 2012, 10:42 AM

    TeleCommunication Systems (TSYS -4.6%) is acquiring microDATA GIS, a provider of next-gen 9-1-1 call-management solutions, for $37M ($20M in up-front cash). TCS, whose existing E9-1-1 call-routing solutions support over half of all emergency calls, has obtained an $80M credit facility to finance the deal.

    | Jul. 6, 2012, 10:42 AM
  • Feb. 2, 2012, 6:45 PM
    TeleCommunication Systems (TSYS): Q4 EPS of $0.02 beats by $0.01. Revenue of $121.8M (+19% Y/Y) in-line. Shares +6% AH. (PR)
    | Feb. 2, 2012, 6:45 PM
Company Description
TeleCommunication Systems Inc develops and delivers wireless communication technology, the development of which has led to ownership of 349 patents and nearly 400 patent applications.
Sector: Technology
Industry: Communication Equipment
Country: United States