Comtech Telecommunications Cp Stock Price, News & Analysis

On August 8, 2022, Comtech Telecommunications Corp. (NASDAQ: CMTL) announced a strategic order for its Comtech ELEVATE™ VSAT platform from a Tier One global service operator in Latin America. This project aims to provide 4G/LTE cellular backhaul connectivity, enhancing coverage and service quality in the region. The Comtech ELEVATE™ solution utilizes advanced satellite technology and features like H-DNA waveform and True Adaptive Coding and Modulation. This partnership signifies Comtech's leadership in satellite backhaul technologies.

Comtech Telecommunications Corp. (CMTL) announced its participation in the annual APCO Conference & Expo from August 7-10, 2022, in Anaheim, CA, showcasing its Next Generation 911 (NG911) solutions. The company highlights its comprehensive portfolio, including emergency call routing, call handling, and cybersecurity solutions. As a leader in the NG911 space, Comtech emphasizes its unique single-source approach, providing in-house capabilities for system management and deployment. Attendees are invited to visit booth 519 for demonstrations and meetings with industry experts.

Comtech Telecommunications Corp. announces the retirement of Fred Kornberg after 50 years of service, effective immediately before the next annual shareholder meeting. Ken Peterman, an independent director since May 2022, will assume the role of Chairman of the Board on July 22, 2022. The Board will also reduce its size to eight members, with seven being independent. Kornberg, who served as CEO from 1976 to 2021, leaves a legacy of innovation and growth. The transition aims to position Comtech for continued success in the Failsafe Communications market.

Comtech Telecommunications Corp. (NASDAQ: CMTL) will participate in the virtual East Coast IDEAS Investor Conference on June 23, 2022. The company’s presentation will be available on June 22, 2022, at 6:00 am ET. Comtech's management will outline the company’s business opportunities and conduct virtual one-on-one meetings with investors. The presentation can be accessed through the IDEAS conference portal and on Comtech's investor relations website. An archived version of the webcast will be available for a limited time after the event.

Comtech Telecommunications Corp. (NASDAQ: CMTL) announced a quarterly cash dividend of $0.10 per share, payable on August 19, 2022. Shareholders of record by July 20, 2022 will receive this payment, marking the company's forty-eighth consecutive quarterly dividend. Future dividends depend on compliance with financial covenants under the secured credit facility, as well as Board approval and voting rights of Series A Convertible Preferred Stock holders.

Comtech Telecommunications Corp. (NASDAQ: CMTL) reported its third quarter fiscal 2022 financial results on June 9, 2022. The company is a key player in next-generation 911 emergency systems and secure wireless communications. Shareholders can access the detailed financial update in a letter posted on Comtech’s website. An earnings conference call is scheduled for 5:00 PM ET, allowing for in-depth discussions. Investors are advised about potential risks and uncertainties in forward-looking statements, as actual results may differ from expectations.

Comtech Telecommunications Corp. (NASDAQ: CMTL) will showcase its Next Generation 911 (NG911) solutions at the NENA Conference & Expo, held on June 13-14, 2022, in Louisville, KY. With extensive experience, Comtech offers a comprehensive range of emergency call routing and data delivery solutions, making it a leader in the industry. Attendees can visit booth 115 to learn about their advanced call handling, cybersecurity measures, situational awareness technologies, and text messaging capabilities. These innovations aim to enhance public safety communication systems.

Comtech Telecommunications Corp. (NASDAQ: CMTL) announced it will release its third quarter fiscal 2022 results on June 9, 2022, after market close. An investor conference call is scheduled for the same day at 5:00 PM ET, which can be accessed via their investor relations website. Comtech, based in Melville, NY, specializes in next-generation 911 emergency systems and secure wireless technologies for both commercial and government clients. The company emphasizes its commitment to customer success through innovative solutions.

Comtech Telecommunications Corp. (CMTL) announced on June 2, 2022, the appointment of Jon Opalski as Divisional COO and Bob Pescatore as General Manager of Digital Products. Both bring extensive experience in communications and defense, aiming to enhance Comtech's satellite capabilities. Opalski will oversee operations at Santa Clara and a new Arizona facility, while Pescatore will lead the Satellite Network Technologies Digital Products Team. CEO Michael Porcelain emphasized their proven leadership as crucial for serving government and commercial clients.