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Comtech Telecommunications Q2 2024 Earnings Report

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$2.11 -0.09 (-4.09%)
As of 02/21/2025 04:00 PM Eastern

Comtech Telecommunications EPS Results

Actual EPS
-$0.21
Consensus EPS
$0.24
Beat/Miss
Missed by -$0.45
One Year Ago EPS
N/A

Comtech Telecommunications Revenue Results

Actual Revenue
$134.23 million
Expected Revenue
$152.85 million
Beat/Miss
Missed by -$18.62 million
YoY Revenue Growth
N/A

Comtech Telecommunications Announcement Details

Quarter
Q2 2024
Time
N/A

Conference Call Resources

Comtech Telecommunications Earnings Headlines

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Comtech price target lowered to $7 from $9.25 at B. Riley
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About Comtech Telecommunications

Comtech Telecommunications (NASDAQ:CMTL), together with its subsidiaries, engages in the provision of next-gen telecommunication solutions in the United States and internationally. The company's Satellite and Space Communications segment offers satellite ground station technologies, services and system integration that facilitates the transmission of voice, video, and data over GEO, MEO and LEO satellite constellations, including solid-state and traveling wave tube power amplifiers, modems, VSAT platforms, and frequency converters; and satellite communications and tracking antenna systems, including high precision full motion fixed and mobile X/Y tracking antennas, RF feeds, reflectors, and radomes. This segment also provides over-the-horizon microwave troposcatter equipment that can transmit digitized voice, video, and data over distances up to 200 miles using the troposphere and diffraction, including the Comtech; and solid-state, RF microwave high-power amplifiers and control components designed for radar, electronic warfare, data link, medical and aviation applications, as well as engages in the procurement and supply chain management of electrical, electronic, and electromechanical parts for satellite, launch vehicle, and manned space applications. Its Terrestrial and Wireless Networks segment offers next generation 911 solutions, which includes emergency call routing, location validation, policy-based routing rules, logging, and security functionality; emergency services IP network transport infrastructure for emergency services communications and support; call handling applications for public safety answering points; wireless emergency alerts solutions for network operators; and software and equipment for location-based and text messaging services for various applications including for public safety, commercial, and government services. The company was founded in 1967 and is headquartered in Melville, New York.

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