Last $34.96 USD
Change Today -0.39 / -1.10%
Volume 82.8K
CMTL On Other Exchanges
Symbol
Exchange
NASDAQ GS
Frankfurt
As of 8:10 PM 03/5/15 All times are local (Market data is delayed by at least 15 minutes).

comtech telecommunications (CMTL) Snapshot

Open
$35.48
Previous Close
$35.35
Day High
$35.77
Day Low
$34.34
52 Week High
12/5/14 - $40.69
52 Week Low
12/17/14 - $30.02
Market Cap
566.9M
Average Volume 10 Days
84.5K
EPS TTM
$1.44
Shares Outstanding
16.2M
EX-Date
01/14/15
P/E TM
24.3x
Dividend
$1.20
Dividend Yield
3.43%
Current Stock Chart for COMTECH TELECOMMUNICATIONS (CMTL)

comtech telecommunications (CMTL) Related Businessweek News

No Related Businessweek News Found

comtech telecommunications (CMTL) Details

Comtech Telecommunications Corp. designs and produces a wide range of telecom systems and services. The company’s telecom transmission division markets such products as satellite earth station equipment and over-the-horizon microwave systems. The mobile data communications department offers mobile satellite transceivers and satellite packet data networks. Comtech also manufactures broadband amplifiers in the microwave and radio frequency spectrums. Its amplifiers are used in both defense and commercial applications. Apart from providing the hardware, the company also provides installation, training, and maintenance. Comtech, which was founded in 1967, is headquartered in Melville (N.Y.).

1,069 Employees
Last Reported Date: 10/9/14
Founded in 1967

comtech telecommunications (CMTL) Top Compensated Officers

Executive Chairman and Member of Executive Co...
Total Annual Compensation: $735.0K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $380.0K
Senior Vice President and President of Comtec...
Total Annual Compensation: $405.0K
Senior Vice President and President of Comtec...
Total Annual Compensation: $365.0K
Senior Advisor
Total Annual Compensation: $350.0K
Compensation as of Fiscal Year 2014.

comtech telecommunications (CMTL) Key Developments

Comtech Telecommunications Corp. Announces Retention Agreement with Robert G. Rouse from Senior Vice President, Strategy and M&A to Senior Advisor

On January 12, 2015, Comtech Telecommunications Corp. entered into a retention agreement with Robert G. Rouse, senior vice president, strategy and M&A of the company. Under the terms of the retention agreement, Mr. Rouse's employment position with the company will immediately change from senior vice president, strategy and M&A to senior advisor.

Comtech Telecommunications Corp. Announces Executive Changes

Comtech Telecommunications Corp. announced that its Board of Directors has named Dr. Stanton D. Sloane as Chief Executive Officer and President of Comtech. Dr. Sloane will assume these positions no later than February 1, 2015 and will succeed Fred Kornberg as CEO and President, who will continue to serve the company during the next year as Executive Chairman of the Board of Directors. Dr. Sloane served as President and CEO and a member of the board of directors of Decision Sciences International Corporation from August 2011 through December 2014. Previously, he served as President and CEO and a member of the board of directors of SRA International Inc.

Comtech Telecommunications Corp. Announces Earnings Results for the First Quarter Ended October 31, 2014; Provides Earnings Guidance for the Second Quarter of 2015 and Fiscal Year Ending July 31, 2015

Comtech Telecommunications Corp. announced unaudited consolidated earnings results for the first quarter ended October 31, 2014. For the quarter, the company reported net sales declined 8.4% from the same quarter last year to $76.4 million. The year-over-year decrease reflects lower net sales across all three of its operating segments. GAAP net income was $5.2 million, or $0.32 per diluted share, down from a $5.3 million or $0.28 per diluted share profit last year. Non-GAAP net income was $5.6 million, or $0.34 per diluted share, beating Wall Street projections by $0.05 per share. Operating income was $8,219,000 against $10,099,000 a year ago. Income before provision for income taxes was $8,038,000 against $8,354,000 a year ago. Adjusted EBITDA was $13.3 million as compared to $14.3 million for the three months ended October 31, 2013. The company had an operating cash outflow of $4.7 million, which is primarily related to overall changes in net working capital requirements, most notably the timing of billings and payments related to large over-the-horizon microwave system contracts. For the fiscal year ending July 31, 2015, the company expects revenue outlook to a new range of $355 million to $365 million, in-line with estimates expecting around $359.67. It reaffirmed its forecast for GAAP earnings of between $1.70 to $1.86 per share. The company is maintaining its adjusted EBITDA guidance which is expected to range from $63.0 million to $67.0 million. The company's effective income tax rate is expected to approximate 35.0% excluding any potential discrete tax adjustments or legislative changes. The company is expecting capital expenses to be in the range of $5 million to $7 million of for the year. The company expects to generate positive cash flows in fiscal 2015, the amount is currently expected to be lower than fiscal 2014 almost entirely due to timing and expected performance on our 2 large over-the-horizon microwave system contracts. The company expects that its fiscal 2015 second quarter financial results will be similar to the first quarter of fiscal 2015.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
CMTL:US $34.96 USD -0.39

CMTL Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Calix Inc $8.39 USD +0.04
E2V Technologies PLC 199.75 GBp +3.25
Harmonic Inc $7.65 USD -0.06
Mercury Systems Inc $16.69 USD -0.11
Silicon Image Inc $7.29 USD +0.005
View Industry Companies
 

Industry Analysis

CMTL

Industry Average

Valuation CMTL Industry Range
Price/Earnings 27.4x
Price/Sales 1.7x
Price/Book 1.4x
Price/Cash Flow 18.4x
TEV/Sales 1.3x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact COMTECH TELECOMMUNICATIONS, please visit www.comtechtel.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.