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CMTL

Comtech Telecommunications Corp.

5/20/2013, 9:05 AM ET

Quote & Headlines Market Currents StockTalk

All
| Earnings
| Dividends
| M&A
| On the move

Thursday, March 7, 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) Comment! [Dividends, On the Move]
Thursday, March 7, 4:39 PM Comtech Telecom (CMTL): FQ2 GAAP-EPS of $0.14. Revenue of $74.6M misses by $2.52M. (PR) Comment! [Earnings, Breaking News, Tech]
Monday, December 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. Comment! [Tech, On the Move, Quick Ideas]
Thursday, December 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) Comment! [Dividends, On the Move]
Thursday, December 6, 2012, 4:38 PM Comtech Telecommunications (CMTL): FQ1 EPS of $0.36 beats by $0.06. Revenue of $91M (-19.5% Y/Y) misses by $1.6M. (PR) Comment! [Earnings, Tech]
Wednesday, September 26, 2012, 4:39 PM Comtech Telecommunications (CMTL) declares $0.275/share quarterly dividend, in line with previous. Forward yield 3.88%. For shareholders of record Oct 19. Payable Nov 20. Ex-div date Oct 17. (PR) Comment! [Dividends]
Wednesday, September 26, 2012, 4:28 PM Comtech Telecommunications (CMTL): FQ4 EPS of $0.38 beats by $0.01. Revenue of $112M (-19.6% Y/Y) beats by $3M. (PR) Comment! [Earnings, Tech]
Thursday, June 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) Comment! [Earnings, Tech, On the Move]
Friday, March 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. Comment! [Tech, On the Move]
Thursday, March 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) Comment! [Earnings, Tech, On the Move]
Friday, January 20, 2012, 5:35 PM Activist hedge fund MMI Investments is liquidating, claims Reuters' sources. Last year, MMI took large stakes (I, II) in Check Point Software (CHKP) and Comtech Telecom (CMTL), with the goal of engineering a sale of the targeted company. Comment! [Tech]
Monday, December 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. Comment! [Tech, On the Move]
Thursday, December 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) Comment! [Tech, Earnings, On the Move]
Wednesday, October 12, 2011, 4:38 PM Noting that a number of big blowups, such as Lehman and Bear Stearns, were "presaged by failing governance ratings," GMI Ratings offers its list of the 10 riskiest U.S. companies based on weak corporate governance, accounting red flags and high leverage: APOL, NWSA, DISCA, KWSW, SGMS, SD, CRK, EZPW, MDC, CMTL. 1 Comment [Quick Ideas]
Thursday, October 6, 2011, 9:29 AM Comtech (CMTL) +7.8% premarket, a day after Reuters reported several government contractors had expressed interest in a possible acquisition of the communications equipment maker. CMTL reportedly is working with Goldman Sachs for strategic advice in response to pressure from hedge fund MMI Investments. Comment! [Tech, M&A, On the Move]
Wednesday, October 5, 2011, 5:40 PM Comtech (CMTL) jumps 9.3% AH after Reuters reports of "takeover interest from several government contractors," citing sources. MMI Investments, an activist investor with a 3.3% stake in Comtech, has long pushed for a deal, and nominated two board members last week. Comment! [Tech, On the Move, M&A]