Comtech Telecommunications Corp. reported a net loss attributable to common stockholders of $14.3 million for the third quarter of fiscal 2026, compared to a net loss of $14.5 million in the same period last year. Consolidated net sales decreased by 16.4% to $106.0 million for the third quarter of fiscal 2026, primarily due to lower sales in the Satellite and Space Communications (S&S) segment. Gross profit margin improved to 34.0% from 30.7% in the prior year's third quarter, driven by product mix changes and operational efficiencies. The company announced a significant subsequent event: the sale of most of its Satellite and Space Communications business to an affiliate of Gilat Satellite Networks Ltd. for $157.5 million in cash, a transaction expected to close subject to customary conditions. Adjusted EBITDA for the third quarter of fiscal 2026 was $8.2 million, down from $12.6 million in the prior year's third quarter. The company is not providing forward-looking guidance due to the unpredictable operating environment.