Comtech Telecommunications CORP /DE/

Market Movers (8-K)

NASDAQ
Comtech Telecommunications Corp. has amended its common stock purchase warrants, granting holders a put right under specific conditions related to debt refinancing or asset disposition.
NASDAQ
Comtech Telecommunications Corp. announced the resignation of director Bruce T. Crawford, effective June 16, 2026, due to his new role at AFCEA International.
NASDAQ
Comtech Telecommunications Corp. announced a definitive agreement to sell most of its Satellite and Space Communications segment to Gilat Satellite Networks Ltd. for $157.5 million, alongside amendments to its credit facilities and convertible preferred stock agreements to enhance financial flexibility.
NASDAQ
Comtech Telecommunications Corp. announced its third quarter fiscal year 2026 financial results, reporting a net sales decrease but improved gross profit margin, alongside the significant sale of its Satellite and Space Communications business.
NASDAQ
Comtech Telecommunications Corp. announces the resignation of director Bruce T. Crawford, effective June 15, 2026, due to his appointment as President and CEO of AFCEA International.
NASDAQ
Comtech Telecommunications Corp. announced its second quarter fiscal 2026 results, showcasing improved profitability and robust bookings despite a decline in net sales.
Better than expected
Delay expected

Quarterly Earnings (10-Q)

NASDAQ
Comtech Telecommunications Corp. announced its third-quarter fiscal 2026 results, reporting a net loss attributable to common stockholders of $14.3 million, while also detailing a significant divestiture of its Satellite and Space Communications business.
Worse than expected
NASDAQ
Comtech Telecommunications Corp. announced improved gross margins and positive operating cash flows in its second fiscal quarter, driven by strategic portfolio adjustments and growth in its Allerium segment.
Delay expected
Better than expected
Capital raise
NASDAQ
Comtech Telecommunications Corp. reported significantly improved gross profit and reduced net loss in Q1 FY26, driven by cost reductions, despite a slight decrease in net sales and ongoing internal control weaknesses.
Better than expected
Capital raise
Delay expected
NASDAQ
Comtech Telecommunications Corp. reported a significant net loss attributable to common stockholders of $192.7 million for the nine months ended April 30, 2025, and disclosed substantial doubt about its ability to continue as a going concern, despite recent debt amendments and operational adjustments.
Delay expected
Worse than expected
Capital raise
NASDAQ
Comtech Telecommunications Corp. reports a net loss for Q2 2025, highlighting ongoing challenges and strategic adjustments.
Worse than expected
Capital raise
NASDAQ
Comtech Telecommunications Corp. reported a substantial net loss in the first quarter of fiscal year 2025, driven by a goodwill impairment, restructuring costs, and decreased sales.
Worse than expected
Delay expected
Capital raise

Annual Reports (10-K)

NASDAQ
Comtech Telecommunications Corp. filed an amended annual report to disclose executive compensation, corporate governance, and significant debt restructuring details for fiscal year 2025.
Worse than expected
Delay expected
Capital raise
NASDAQ
Comtech Telecommunications Corp. reports significant operational and financial improvements in fiscal 2025, removing substantial doubt about its ability to continue as a going concern, driven by increased liquidity and strategic debt reduction.
Better than expected
Delay expected
Capital raise
NASDAQ
Comtech Telecommunications Corp. is undergoing a strategic shift to become a pure-play satellite and space communications company, while addressing financial headwinds and liquidity concerns.
Worse than expected
Delay expected
Capital raise

Insider Trading (Form 4)

NASDAQ
Daniel Gizinski, President, S&S Comm. Segment of Comtech Telecommunications Corp /De/, reported multiple transactions in common stock on July 31, 2026.
NASDAQ
Jeffery Robertson, President of the Allerium Segment at Comtech Telecommunications, reported the vesting of 38,910 restricted stock units and a subsequent sale of 19,798 shares to cover tax obligations.
NASDAQ
Donald E. Walther, Chief Legal Officer of Comtech Telecommunications Corp., reported transactions involving restricted stock units and common stock.
NASDAQ
Comtech Telecommunications Corp. Director Bruce T. Crawford was granted 36,620 shares of common stock as restricted stock awards.
NASDAQ
Comtech Telecommunications Corp. Director Michael Hildebrandt was granted 36,620 restricted stock awards, increasing his beneficial ownership to 73,836 shares.
NASDAQ
Mary Jane Raymond, a director at Comtech Telecommunications Corp., was granted 36,620 shares of restricted common stock.

Proxy Statements (Def-14A)

NASDAQ
Comtech Telecommunications Corp. reports significant financial and operational improvements in fiscal 2025, including positive operating cash flow and enhanced liquidity, following a strategic transformation and leadership changes.
Better than expected
Capital raise
NASDAQ
Comtech appoints Kenneth H. Traub as President and CEO, replacing John Ratigan, and commences a comprehensive transformation to strengthen the company.
Worse than expected
Capital raise
NASDAQ
Comtech Telecommunications Corp. amends its proxy statement to clarify that abstentions will not be counted as votes against Proposals 2, 3, and 4 at the upcoming annual meeting.
NASDAQ
Comtech Telecommunications Corp. has announced its Fiscal 2024 Annual Meeting of Stockholders, along with significant changes to its governance and executive management.
Worse than expected
Capital raise
NASDAQ
Comtech Telecommunications Corp. has reached an agreement with an investor group, resulting in the appointment of a new independent director and other board changes.
NASDAQ
Comtech acknowledges director nominations submitted by Michael Porcelain, Fred Kornberg, and their affiliates for election to the Comtech Board of Directors at the upcoming Fiscal 2024 Annual Meeting of Stockholders.

New Public Companies (S-1)

NASDAQ
Comtech Telecommunications Corp. has filed a registration statement for the resale of up to 1,435,884 shares of common stock issuable upon the exercise of outstanding warrants.
Capital raise

Schedule 13D - Activist Investments

NASDAQ
Comtech Telecommunications amends its credit agreement and exchanges Series B-3 for Series B-4 preferred stock to facilitate strategic transactions.
NASDAQ
Comtech Telecommunications Corp. has entered into a series of agreements with White Hat Capital Partners to restructure debt covenants and exchange Series B-3 for Series B-4 preferred stock.
Capital raise
NASDAQ
Comtech Telecommunications Corp. has amended its Subordinated Credit Agreement, securing a new $35 million incremental facility and relaxing key financial covenants until early 2027, while contemplating strategic alternatives.
Worse than expected
Capital raise
NASDAQ
Comtech Telecommunications Corp. has amended its subordinated credit agreement, securing a new $35 million incremental debt facility and suspending key financial covenants until early 2027, signaling ongoing financial adjustments.
Capital raise
Worse than expected
NASDAQ
Comtech Telecommunications Corp. has amended its subordinated credit agreement, securing a new $40 million incremental facility and obtaining waivers for breaches of its Net Leverage Ratio and Fixed Charge Coverage Ratio covenants, while also restructuring its convertible preferred stock.
Worse than expected
Capital raise
NASDAQ
Comtech Telecommunications Corp. has amended its financing agreements, securing a $40 million high-interest subordinated credit facility and waivers for key financial covenants, while also restructuring its preferred stock and seeing a change in board leadership.
Worse than expected
Capital raise

Schedule 13G - Passive Investments

NASDAQ
Vanguard Capital Management has reported beneficial ownership of 5.01% of Comtech Telecommunications Corp. common stock as of June 30, 2026.
NASDAQ
Royce & Associates LP has filed an amendment to its Schedule 13G, reporting beneficial ownership of 162,953 shares of Comtech Telecommunications Corp. common stock, representing 0.54% of the class.
NASDAQ
QVT Financial LP has filed a Schedule 13G reporting a 5.71% beneficial ownership stake in Comtech Telecommunications Corp.
NASDAQ
Needham Investment Management and related entities have filed an amended Schedule 13G, reporting their beneficial ownership in Comtech Telecommunications Corp. common stock is now below the 5% threshold.
NASDAQ
Investment adviser Royce & Associates LP has reported a passive beneficial ownership of 5.39% in Comtech Telecommunications Corp., holding 1,582,138 shares of common stock as of March 31, 2025.