Comtech Telecommunications (CMTL) Stock

Comtech (CMTL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

CHANDLER, Ariz.--(BUSINESS WIRE)--Comtech Telecommunications Corp. (NASDAQ: CMTL) (“Comtech” or the “Company”), a global technology leader, today announced that its Board of Directors (the “Board”) has unanimously elected Kenneth (Ken) H. Traub as the Executive Chairman of the Company. Mark Quinlan has stepped down from his role as Chairman of the Board and will continue serving on the Board. In addition to Mr. Traub's role in chairing the Board, he will be the senior executive leading the Comp.

The U.S. Navy has opted for CMTL's state-of-the-art modem technology to elevate its mission-critical communication capabilities.

Comtech Telecommunications (CMTL) came out with a quarterly loss of $0.35 per share versus the Zacks Consensus Estimate of $0.05. This compares to earnings of $0.29 per share a year ago.

CHANDLER, Ariz.--(BUSINESS WIRE)---- $CMTL #5G--October 30, 2024-- Comtech (NASDAQ: CMTL) (the “Company”), a global technology leader, today announced that its Board of Directors has appointed John Ratigan as President, Chief Executive Officer and a member of the Board, effective October 28, 2024. Mr. Ratigan has been serving as Comtech's interim CEO since March 2024. In addition, the Comtech Board appointed Kenneth (Ken) H. Traub as an independent director to the Board, effective October 31, 2024. Chief Exe.

CHANDLER, Ariz.--(BUSINESS WIRE)--Comtech (NASDAQ: CMTL) (the “Company”), a global technology leader, today announced that its Board of Directors and management team are executing a strategy to transform Comtech into a pure-play satellite and space communications company and provided a capital structure update. Ongoing and future actions supporting Comtech's transformation strategy include: An exploration of strategic alternatives for the Company's Terrestrial & Wireless Networks (“T&W”.

If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Comtech (CMTL) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.

Investors with an interest in Wireless Equipment stocks have likely encountered both Comtech Telecommunications (CMTL) and Qualcomm (QCOM). But which of these two stocks presents investors with the better value opportunity right now?

Peterman Becomes the Third Former CEO of Comtech Calling for a Complete Board Overhaul to Restore Stockholder Value WASHINGTON , Oct. 8, 2024 /PRNewswire/ -- Ken Peterman, former CEO of Comtech Telecommunications Corp. (NASDAQ: CMTL) ("Comtech" or the "Company") and Chairman of the Board from July 2022 through March 2024, has publicly declared his personal endorsement for the full slate of director nominees proposed by Michael Porcelain for the Company's upcoming 2024 Annual Meeting of Stockholders. Mr. Peterman's endorsement comes after reading the open letter to stockholders that was issued by Fred Kornberg and Michael Porcelain on September 23, 2024.