Comtech Telecom Co (CMTL) 13.53 $CMTL
Comtech Telecommunications Corp. Receives $1.3 Million Funded Order
BusinessWire - Thu Jun 23, 9:00AM CDT
June 23, 2016-- Comtech Telecommunications Corp. (Nasdaq:CMTL) announced today that its Government Solutions segment has received a $1.3 million funded order for a U.S. Government microwave network and associated power systems.
CMTL: 13.53 (-0.07)
Comtech Telecommunications Corp. Awarded $5.8 Million of Orders for Data Communication High-Power Amplifiers
BusinessWire - Thu Jun 23, 9:00AM CDT
June 23, 2016--Comtech Telecommunications Corp. (Nasdaq:CMTL) announced today that its New York-based subsidiary, Comtech PST Corp., which is part of Comtech's Government Solutions segment, has received multiple orders totaling approximately $5.8 million for solid-state, high-power RF amplifiers from multiple domestic OEMs.
CMTL: 13.53 (-0.07)
Comtech Announces Pricing of Public Offering of its Common Stock
BusinessWire - Thu Jun 16, 5:50PM CDT
June 16, 2016-- Comtech Telecommunications Corp. (the "Company" or "Comtech"
(NASDAQ:CMTL) today announced the pricing of its public offering of 7,145,000 shares of its common stock at a public offering price of $14.00 per share for gross proceeds of approximately $100 million. Comtech expects to receive net proceeds, after deducting the underwriting discount, of approximately $95 million from the offering. All of the shares in the offering are being sold by Comtech. Comtech has granted the underwriters a 30-day option to purchase up to an additional 1,071,750 shares of common stock sold in the offering. The offering is scheduled to close on June 22, 2016, subject to customary closing conditions.
CMTL: 13.53 (-0.07)
Comtech Telecommunications Corp. Declares $0.30 Per Share Quarterly Cash Dividend
BusinessWire - Wed Jun 08, 4:17PM CDT
June 8, 2016-- Comtech Telecommunications Corp. (NASDAQ: CMTL) announced today that its Board of Directors declared a quarterly cash dividend of $0.30 per share, payable on August 19, 2016, to shareholders of record at the close of business on July 18, 2016. The dividend is the Company's twenty-fourth consecutive quarterly dividend. While future dividends will be subject to Board approval, the Board of Directors is currently targeting fiscal 2016 dividend payments aggregating $1.20 per share.
CMTL: 13.53 (-0.07)
Comtech Telecommunications Corp. Announces Results for the Third Quarter of Fiscal 2016 and Provides Updated Financial Guidance
BusinessWire - Wed Jun 08, 4:16PM CDT
June 8, 2016-- Comtech Telecommunications Corp. (NASDAQ:CMTL) today reported its operating results for the three and nine months ended April 30, 2016. Net sales for the three months ended April 30, 2016 were $124.2 million compared to $71.6 million for the three months ended April 30, 2015. Net sales for the nine months ended April 30, 2016 were $258.6 million compared to $229.8 million for the nine months ended April 30, 2015. The increase in net sales for both periods reflects incremental sales of approximately $66.0 million as a result of the acquisition of TeleCommunication Systems, Inc. ("TCS," partially offset by lower sales of legacy Comtech products. As previously announced, the TCS acquisition closed on February 23, 2016. The Company achieved bookings of approximately $139.2 million during the third quarter of fiscal 2016 which translates into a quarterly book-to-bill ratio (a measure of quarterly bookings divided by quarterly net sales) of 1.12 compared with an average book-to-bill ratio of 0.81 for the prior two quarters.
CMTL: 13.53 (-0.07)
Comtech Telecommunications Corp. to Report Third Quarter of Fiscal 2016 Results on June 8th
BusinessWire - Fri Jun 03, 2:30PM CDT
June 3, 2016-- Comtech Telecommunications Corp. (Nasdaq:CMTL), a leading provider of products, systems and services for advanced communications solutions, today announced that it will report its third quarter of fiscal 2016 results after the market closes on Wednesday, June 8, 2016. The Company has scheduled an investor conference call for Thursday, June 9, 2016 at 8:30 AM ET. Investors are invited to access a live webcast of the conference call from the investor relations section of the Comtech web site at www.comtechtel.com. Alternatively, investors can access the conference call by dialing (877) 876-9177 (domestic) or (785) 424-1666 (international) and using the conference I.D. of "Comtech." A replay of the conference call will be available for seven days by dialing (800) 723-0520 or (402) 220-2653.
CMTL: 13.53 (-0.07)
AHA Announces DuroStream DS1 WAN Optimization Appliance for Protecting Critical Data Transmissions Against Packet Loss
BusinessWire - Thu May 26, 9:00AM CDT
May 26, 2016--AHA Products Group announces the release of its DuroStream DS1 WAN Optimization appliance.
CMTL: 13.53 (-0.07)
Comtech Telecommunications Corp. Announces $2.3 Million Order for Managed Network Services
BusinessWire - Tue May 17, 9:00AM CDT
May 17, 2016--Comtech Telecommunications Corp. (Nasdaq: CMTL) announced today that during its fourth quarter of fiscal 2016, its government solutions segment received a $2.3 million funded order from a prime contractor to the Department of Defense ("DoD" to continue to provide managed network services through May 2017.
CMTL: 13.53 (-0.07)
Comtech Extends Physician's Reach with VirtuMedix(R) Virtual Care Delivery Model
BusinessWire - Thu May 12, 9:00AM CDT
May 12, 2016--Comtech Telecommunications Corp. (NASDAQ:CMTL) announced today that it will be attending the ATA 2016 Annual Conference and that it has released a new version of its VirtuMedix(R) virtual care delivery platform, a telemedicine application. VirtuMedix enables healthcare practitioners to offer efficient, secure virtual patient care anytime, anywhere and on any device. This upgrade provides an enhanced user interface and experience (UI/UX) for patients who can now register and validate their price group ahead of the consultation. The Doctor interface has also been enhanced to indicate if the doctor has logged into the system from a mobile device. Furthermore, the Administrator interface now allows the Administrator to see and complete the patient and doctor profiles adhering to the requirements under the Health Insurance Portability and Accountability Act (HIPAA).
CMTL: 13.53 (-0.07)
Comtech Telecommunications Corp. Signs $8.4 Million Development Contract with Major Telecom Equipment Manufacturer for Global Commercial Wireless Market
BusinessWire - Thu May 12, 9:00AM CDT
May 12, 2016--Comtech Telecommunications Corp. (NASDAQ:CMTL) announced today that during the fourth quarter of fiscal 2016, its commercial solutions segment has signed an additional multi-year contract valued at approximately $8.4 million with a major telecom equipment manufacturer. Under the terms of the development contract, the telecom equipment manufacturer, who is a global distributor of Comtech's services, will support the continued roll out of Comtech's advanced communication solutions to several wireless operators across the globe, including a large-scale North American-based wireless operator. Today's announcement comes on the heels of Comtech's announcement last month that the company had secured a similar contract valued at more than $12.0 million with this same major telecom equipment manufacturer.
CMTL: 13.53 (-0.07)
Comtech Telecommunications Corp. Receives $7.0 Million Contract to Upgrade International Troposcatter Radio System
BusinessWire - Wed May 11, 9:00AM CDT
May 11, 2016-- Comtech Telecommunications Corp. (Nasdaq: CMTL) announced today that during its fourth quarter of fiscal 2016, its subsidiary, Comtech Systems, Inc., received an order from a foreign prime contractor for approximately $7.0 million to design and install a number of fixed troposcatter terminals. The systems will be used by a foreign military end-customer for communications between off-shore islands.
CMTL: 13.53 (-0.07)
Enterprise Indoor LBS Market in the US 2016-2020 - Key Vendors are Apple, Google & Comtech Telecommunications - Research and Markets
BusinessWire - Wed May 11, 6:40AM CDT
Research and Markets has announced the addition of the "Enterprise Indoor LBS Market in the US 2016-2020" report to their offering.
CMTL: 13.53 (-0.07)
Company Profile for Comtech Telecommunications Corp.
BusinessWire - Fri May 06, 9:10AM CDT
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. The Company believes it is a leader in most of the market segments that it serves.
CMTL: 13.53 (-0.07)
Comtech Telecommunications Corp. Releases Audited Financial Statements for TCS and Preliminary Bookings Information
BusinessWire - Thu May 05, 3:48PM CDT
May 5, 2016--Comtech Telecommunications Corp. (the "Company" or "Comtech" (NASDAQ: CMTL) announced today that it has filed audited consolidated financial statements of TeleCommunication Systems, Inc. ("TCS" with the Securities and Exchange Commission for their calendar year ended December 31, 2015. Comtech also provided preliminary bookings information for Comtech for the three months ended April 30, 2016.
CMTL: 13.53 (-0.07)
Comtech Telecommunications Corp. Announces $5.8 Million in Incremental Funding to Supply U.S. Army with Hardware
BusinessWire - Wed May 04, 9:00AM CDT
May 4, 2016-- Comtech Telecommunications Corp. (Nasdaq:CMTL), today announced that its government solutions segment has received incremental funding in the amount of $5.8 million to further support its Secret Internet Protocol Router and Non-secure Internet Protocol Router Access Point (SNAP) Very Small Aperture Terminal (VSAT) hardware and sustainment services delivery order.
CMTL: 13.53 (-0.07)
Comtech Telecommunications Corp. Receives $1.5 Million Contract for Transportable Troposcatter Systems from an International Prime Contractor
BusinessWire - Tue May 03, 9:00AM CDT
May 3, 2016--Comtech Telecommunications Corp. (Nasdaq: CMTL) announced today that during its third quarter of fiscal 2016, its subsidiary, Comtech Systems, Inc., has received an order from a foreign military totaling approximately $1.5 million to provide troposcatter equipment to a prime contractor for use in early testing, characterization and network integration activities as part of an upcoming deployable communications network for an Asia Pacific military.
CMTL: 13.53 (-0.07)
Comtech Awarded $20.0 Million in Orders to Support the U.S. Army's Blue Force Tracking Program
BusinessWire - Mon Apr 25, 9:00AM CDT
April 25, 2016--Comtech Telecommunications Corp. (Nasdaq:CMTL) announced today that its government solutions segment received notice that the U.S. Army exercised Option Year 2 of the Company's three-year Blue-Force Tracking ("BFT-1" sustainment contract and related BFT-1 Intellectual Property license agreement and that it has been awarded initial funding totaling $20.0 million to continue to provide sustainment support for the U.S. Army, Program Executive Office Command, Control, Communications-Tactical (PEO-C3T), Joint Battle Command-Platform (JBC-P) BFT-1 Mission, a battle command real-time situational awareness and control system.
CMTL: 13.53 (-0.07)
Comtech Telecommunications Corp. Completes Installation on a $2.2 Million Order to Provide Location-Based Solutions to Leading Mobile Operator in Asia Pacific
BusinessWire - Tue Apr 19, 12:00PM CDT
April 19, 2016-- Comtech Telecommunications Corp. (Nasdaq: CMTL) announced today that its subsidiary, TeleCommunication Systems, Inc., has completed installation on an order totaling approximately $2.2 million to provide its Location-Based Services (LBS) solutions to a leading mobile network operator located in Southeast Asia.
CMTL: 13.53 (-0.07)
Comtech Telecommunications Corp. Awarded U.S. Patent for its Innovative Location Trust Score Technology
BusinessWire - Thu Apr 14, 9:00AM CDT
April 14, 2016-- Comtech Telecommunications Corp. (Nasdaq: CMTL) announced today that its recently acquired subsidiary, TeleCommunication Systems, Inc., has been issued a U.S. patent for its Location Trust Score technology. U.S. Patent No. 9,277,526 grants Comtech important intellectual property protection and licensing opportunities for its unique process for identifying the reliability of a mobile location by generating a "Location Trust Score."
CMTL: 13.53 (-0.07)
Comtech Telecommunications Corp. Awarded Order Totaling Approximately $1.3 Million for Communications Jamming High-Power Amplifier Systems
BusinessWire - Wed Apr 13, 9:00AM CDT
April 13, 2016-- Comtech Telecommunications Corp. (Nasdaq: CMTL) announced today that its New York-based subsidiary, Comtech PST Corp., has received a $1.3 million contract for broadband, solid-state, high-power RF microwave amplifiers from a major international customer.
CMTL: 13.53 (-0.07)
Comtech Telecommunications Corp. Receives $1.3 Million Funded Order
BusinessWire - Thu Jun 23, 9:00AM CDT
June 23, 2016-- Comtech Telecommunications Corp. (Nasdaq:CMTL) announced today that its Government Solutions segment has received a $1.3 million funded order for a U.S. Government microwave network and associated power systems.
CMTL: 13.53 (-0.07)
Comtech Telecommunications Corp. Awarded $5.8 Million of Orders for Data Communication High-Power Amplifiers
BusinessWire - Thu Jun 23, 9:00AM CDT
June 23, 2016--Comtech Telecommunications Corp. (Nasdaq:CMTL) announced today that its New York-based subsidiary, Comtech PST Corp., which is part of Comtech's Government Solutions segment, has received multiple orders totaling approximately $5.8 million for solid-state, high-power RF amplifiers from multiple domestic OEMs.
CMTL: 13.53 (-0.07)
Comtech Announces Pricing of Public Offering of its Common Stock
BusinessWire - Thu Jun 16, 5:50PM CDT
June 16, 2016-- Comtech Telecommunications Corp. (the "Company" or "Comtech"
(NASDAQ:CMTL) today announced the pricing of its public offering of 7,145,000 shares of its common stock at a public offering price of $14.00 per share for gross proceeds of approximately $100 million. Comtech expects to receive net proceeds, after deducting the underwriting discount, of approximately $95 million from the offering. All of the shares in the offering are being sold by Comtech. Comtech has granted the underwriters a 30-day option to purchase up to an additional 1,071,750 shares of common stock sold in the offering. The offering is scheduled to close on June 22, 2016, subject to customary closing conditions. CMTL: 13.53 (-0.07)
Comtech Telecommunications Corp. Declares $0.30 Per Share Quarterly Cash Dividend
BusinessWire - Wed Jun 08, 4:17PM CDT
June 8, 2016-- Comtech Telecommunications Corp. (NASDAQ: CMTL) announced today that its Board of Directors declared a quarterly cash dividend of $0.30 per share, payable on August 19, 2016, to shareholders of record at the close of business on July 18, 2016. The dividend is the Company's twenty-fourth consecutive quarterly dividend. While future dividends will be subject to Board approval, the Board of Directors is currently targeting fiscal 2016 dividend payments aggregating $1.20 per share.
CMTL: 13.53 (-0.07)
Comtech Telecommunications Corp. Announces Results for the Third Quarter of Fiscal 2016 and Provides Updated Financial Guidance
BusinessWire - Wed Jun 08, 4:16PM CDT
June 8, 2016-- Comtech Telecommunications Corp. (NASDAQ:CMTL) today reported its operating results for the three and nine months ended April 30, 2016. Net sales for the three months ended April 30, 2016 were $124.2 million compared to $71.6 million for the three months ended April 30, 2015. Net sales for the nine months ended April 30, 2016 were $258.6 million compared to $229.8 million for the nine months ended April 30, 2015. The increase in net sales for both periods reflects incremental sales of approximately $66.0 million as a result of the acquisition of TeleCommunication Systems, Inc. ("TCS,"
partially offset by lower sales of legacy Comtech products. As previously announced, the TCS acquisition closed on February 23, 2016. The Company achieved bookings of approximately $139.2 million during the third quarter of fiscal 2016 which translates into a quarterly book-to-bill ratio (a measure of quarterly bookings divided by quarterly net sales) of 1.12 compared with an average book-to-bill ratio of 0.81 for the prior two quarters. CMTL: 13.53 (-0.07)
Comtech Telecommunications Corp. to Report Third Quarter of Fiscal 2016 Results on June 8th
BusinessWire - Fri Jun 03, 2:30PM CDT
June 3, 2016-- Comtech Telecommunications Corp. (Nasdaq:CMTL), a leading provider of products, systems and services for advanced communications solutions, today announced that it will report its third quarter of fiscal 2016 results after the market closes on Wednesday, June 8, 2016. The Company has scheduled an investor conference call for Thursday, June 9, 2016 at 8:30 AM ET. Investors are invited to access a live webcast of the conference call from the investor relations section of the Comtech web site at www.comtechtel.com. Alternatively, investors can access the conference call by dialing (877) 876-9177 (domestic) or (785) 424-1666 (international) and using the conference I.D. of "Comtech." A replay of the conference call will be available for seven days by dialing (800) 723-0520 or (402) 220-2653.
CMTL: 13.53 (-0.07)
AHA Announces DuroStream DS1 WAN Optimization Appliance for Protecting Critical Data Transmissions Against Packet Loss
BusinessWire - Thu May 26, 9:00AM CDT
May 26, 2016--AHA Products Group announces the release of its DuroStream DS1 WAN Optimization appliance.
CMTL: 13.53 (-0.07)
Comtech Telecommunications Corp. Announces $2.3 Million Order for Managed Network Services
BusinessWire - Tue May 17, 9:00AM CDT
May 17, 2016--Comtech Telecommunications Corp. (Nasdaq: CMTL) announced today that during its fourth quarter of fiscal 2016, its government solutions segment received a $2.3 million funded order from a prime contractor to the Department of Defense ("DoD"
to continue to provide managed network services through May 2017. CMTL: 13.53 (-0.07)
Comtech Extends Physician's Reach with VirtuMedix(R) Virtual Care Delivery Model
BusinessWire - Thu May 12, 9:00AM CDT
May 12, 2016--Comtech Telecommunications Corp. (NASDAQ:CMTL) announced today that it will be attending the ATA 2016 Annual Conference and that it has released a new version of its VirtuMedix(R) virtual care delivery platform, a telemedicine application. VirtuMedix enables healthcare practitioners to offer efficient, secure virtual patient care anytime, anywhere and on any device. This upgrade provides an enhanced user interface and experience (UI/UX) for patients who can now register and validate their price group ahead of the consultation. The Doctor interface has also been enhanced to indicate if the doctor has logged into the system from a mobile device. Furthermore, the Administrator interface now allows the Administrator to see and complete the patient and doctor profiles adhering to the requirements under the Health Insurance Portability and Accountability Act (HIPAA).
CMTL: 13.53 (-0.07)
Comtech Telecommunications Corp. Signs $8.4 Million Development Contract with Major Telecom Equipment Manufacturer for Global Commercial Wireless Market
BusinessWire - Thu May 12, 9:00AM CDT
May 12, 2016--Comtech Telecommunications Corp. (NASDAQ:CMTL) announced today that during the fourth quarter of fiscal 2016, its commercial solutions segment has signed an additional multi-year contract valued at approximately $8.4 million with a major telecom equipment manufacturer. Under the terms of the development contract, the telecom equipment manufacturer, who is a global distributor of Comtech's services, will support the continued roll out of Comtech's advanced communication solutions to several wireless operators across the globe, including a large-scale North American-based wireless operator. Today's announcement comes on the heels of Comtech's announcement last month that the company had secured a similar contract valued at more than $12.0 million with this same major telecom equipment manufacturer.
CMTL: 13.53 (-0.07)
Comtech Telecommunications Corp. Receives $7.0 Million Contract to Upgrade International Troposcatter Radio System
BusinessWire - Wed May 11, 9:00AM CDT
May 11, 2016-- Comtech Telecommunications Corp. (Nasdaq: CMTL) announced today that during its fourth quarter of fiscal 2016, its subsidiary, Comtech Systems, Inc., received an order from a foreign prime contractor for approximately $7.0 million to design and install a number of fixed troposcatter terminals. The systems will be used by a foreign military end-customer for communications between off-shore islands.
CMTL: 13.53 (-0.07)
Enterprise Indoor LBS Market in the US 2016-2020 - Key Vendors are Apple, Google & Comtech Telecommunications - Research and Markets
BusinessWire - Wed May 11, 6:40AM CDT
Research and Markets has announced the addition of the "Enterprise Indoor LBS Market in the US 2016-2020" report to their offering.
CMTL: 13.53 (-0.07)
Company Profile for Comtech Telecommunications Corp.
BusinessWire - Fri May 06, 9:10AM CDT
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. The Company believes it is a leader in most of the market segments that it serves.
CMTL: 13.53 (-0.07)
Comtech Telecommunications Corp. Releases Audited Financial Statements for TCS and Preliminary Bookings Information
BusinessWire - Thu May 05, 3:48PM CDT
May 5, 2016--Comtech Telecommunications Corp. (the "Company" or "Comtech"
(NASDAQ: CMTL) announced today that it has filed audited consolidated financial statements of TeleCommunication Systems, Inc. ("TCS" with the Securities and Exchange Commission for their calendar year ended December 31, 2015. Comtech also provided preliminary bookings information for Comtech for the three months ended April 30, 2016. CMTL: 13.53 (-0.07)
Comtech Telecommunications Corp. Announces $5.8 Million in Incremental Funding to Supply U.S. Army with Hardware
BusinessWire - Wed May 04, 9:00AM CDT
May 4, 2016-- Comtech Telecommunications Corp. (Nasdaq:CMTL), today announced that its government solutions segment has received incremental funding in the amount of $5.8 million to further support its Secret Internet Protocol Router and Non-secure Internet Protocol Router Access Point (SNAP) Very Small Aperture Terminal (VSAT) hardware and sustainment services delivery order.
CMTL: 13.53 (-0.07)
Comtech Telecommunications Corp. Receives $1.5 Million Contract for Transportable Troposcatter Systems from an International Prime Contractor
BusinessWire - Tue May 03, 9:00AM CDT
May 3, 2016--Comtech Telecommunications Corp. (Nasdaq: CMTL) announced today that during its third quarter of fiscal 2016, its subsidiary, Comtech Systems, Inc., has received an order from a foreign military totaling approximately $1.5 million to provide troposcatter equipment to a prime contractor for use in early testing, characterization and network integration activities as part of an upcoming deployable communications network for an Asia Pacific military.
CMTL: 13.53 (-0.07)
Comtech Awarded $20.0 Million in Orders to Support the U.S. Army's Blue Force Tracking Program
BusinessWire - Mon Apr 25, 9:00AM CDT
April 25, 2016--Comtech Telecommunications Corp. (Nasdaq:CMTL) announced today that its government solutions segment received notice that the U.S. Army exercised Option Year 2 of the Company's three-year Blue-Force Tracking ("BFT-1"
sustainment contract and related BFT-1 Intellectual Property license agreement and that it has been awarded initial funding totaling $20.0 million to continue to provide sustainment support for the U.S. Army, Program Executive Office Command, Control, Communications-Tactical (PEO-C3T), Joint Battle Command-Platform (JBC-P) BFT-1 Mission, a battle command real-time situational awareness and control system. CMTL: 13.53 (-0.07)
Comtech Telecommunications Corp. Completes Installation on a $2.2 Million Order to Provide Location-Based Solutions to Leading Mobile Operator in Asia Pacific
BusinessWire - Tue Apr 19, 12:00PM CDT
April 19, 2016-- Comtech Telecommunications Corp. (Nasdaq: CMTL) announced today that its subsidiary, TeleCommunication Systems, Inc., has completed installation on an order totaling approximately $2.2 million to provide its Location-Based Services (LBS) solutions to a leading mobile network operator located in Southeast Asia.
CMTL: 13.53 (-0.07)
Comtech Telecommunications Corp. Awarded U.S. Patent for its Innovative Location Trust Score Technology
BusinessWire - Thu Apr 14, 9:00AM CDT
April 14, 2016-- Comtech Telecommunications Corp. (Nasdaq: CMTL) announced today that its recently acquired subsidiary, TeleCommunication Systems, Inc., has been issued a U.S. patent for its Location Trust Score technology. U.S. Patent No. 9,277,526 grants Comtech important intellectual property protection and licensing opportunities for its unique process for identifying the reliability of a mobile location by generating a "Location Trust Score."
CMTL: 13.53 (-0.07)
Comtech Telecommunications Corp. Awarded Order Totaling Approximately $1.3 Million for Communications Jamming High-Power Amplifier Systems
BusinessWire - Wed Apr 13, 9:00AM CDT
April 13, 2016-- Comtech Telecommunications Corp. (Nasdaq: CMTL) announced today that its New York-based subsidiary, Comtech PST Corp., has received a $1.3 million contract for broadband, solid-state, high-power RF microwave amplifiers from a major international customer.
CMTL: 13.53 (-0.07)
