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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Comtech Telecommunications Corp.    CMTL

COMTECH TELECOMMUNICATIONS CORP.

(CMTL)
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Comtech Telecommunications Corp. : Receives $1.1 Million Order for SATCOM Antenna Feeds

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04/08/2020 | 09:07am EDT

April 8, 2020 -- Comtech Telecommunications Corp. (NASDAQ: CMTL) announced today, that during its third quarter of fiscal 2020, its Mission-Critical Technologies group, which is part of Comtech’s Government Solutions segment, received an order for $1.1 million from a major U.S. satellite communications manufacturer for SATCOM antenna feeds for its 1.3 Meter Fly-Away Terminal.

“This order continues the long-term success of Comtech’s products within the satellite communications market. Comtech remains dedicated and focused on providing our customers the highest-performance, most cost-effective SATCOM solutions available to support both warfighters and the commercial marketplace," said Fred Kornberg, Chairman of the Board and Chief Executive Officer of Comtech Telecommunications Corp.

The Mission-Critical Technologies group is focused on ensuring its customers are able to successfully carry out their mission, whether that be communicating in an austere environment on land or at sea, launching or tracking a satellite, or protecting the cyber security posture of their network.

Comtech Telecommunications Corp. designs, develops, produces and markets innovative products, systems and services for advanced communications solutions. The Company sells products to a diverse customer base in the global commercial and government communications markets.

Certain information in this press release contains statements that are forward-looking in nature and involve certain significant risks and uncertainties. Actual results could differ materially from such forward-looking information. The Company's Securities and Exchange Commission filings identify many such risks and uncertainties. Any forward-looking information in this press release is qualified in its entirety by the risks and uncertainties described in such Securities and Exchange Commission filings.

PCMTL


© Business Wire 2020
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Financials (USD)
Sales 2020 653 M - -
Net income 2020 12,6 M - -
Net Debt 2020 - - -
P/E ratio 2020 33,4x
Yield 2020 2,25%
Capitalization 440 M 440 M -
EV / Sales 2019
Capi. / Sales 2020 0,67x
Nbr of Employees 2 013
Free-Float 60,6%
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Mean consensus OUTPERFORM
Number of Analysts 4
Average target price 30,50 $
Last Close Price 17,81 $
Spread / Highest target 141%
Spread / Average Target 71,3%
Spread / Lowest Target -4,55%
EPS Revisions
Managers
NameTitle
Fred Kornberg Chairman & Chief Executive Officer
Michael D. Porcelain President, Chief Operating Officer & Senior VP
Michael A. Bondi Chief Financial & Accounting Officer
Robert G. Paul Independent Director
Ira S. Kaplan Independent Director
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