Comtech Announces Results for its First Quarter of Fiscal 2024 and Provides Second Quarter Fiscal 2024 Financial Targets
07 Diciembre 2023 - 3:04PM
Business Wire
Q1 Consolidated Net Sales Up 2.1% Sequentially
to $151.9 Million
Q1 Consolidated Operating Income Up 86.2%
Sequentially to $2.1 Million
Q1 Consolidated Adjusted EBITDA of $18.4
Million, or 12.1% of Consolidated Net Sales
December 7, 2023-- Comtech (NASDAQ: CMTL) today announced its
first quarter fiscal 2024 financial results and provided its second
quarter fiscal 2024 financial targets in a letter to shareholders
which is now posted to the Investor Relations section of Comtech's
website.
Investors are invited to access the first quarter fiscal 2024
shareholder letter at its web site at comtech.com/investors/. A
copy of the letter will also be filed with the Securities and
Exchange Commission in a Form 8-K.
Comtech also intends to host a previously scheduled earnings
conference call at 5:00PM ET today. Individuals can access the
conference call by dialing (800) 579-2543 (domestic) or (785)
424-1789 (international) and using the conference I.D. of
“Comtech.” A replay of the conference call will be available for
two weeks by dialing (888) 219-1269 or (402) 220-4945. A live
webcast of the call is also available at
comtech.com/investors/.
About Comtech
Comtech Telecommunications Corp. is a leading global technology
company providing terrestrial and wireless network solutions,
next-generation 9-1-1 emergency services, satellite and space
communications technologies, and cloud native capabilities to
commercial and government customers around the world. Our unique
culture of innovation and employee empowerment unleashes a
relentless passion for customer success. With multiple facilities
located in technology corridors throughout the United States and
around the world, Comtech leverages our global presence, technology
leadership, and decades of experience to create the world’s most
innovative communications solutions. For more information, please
visit www.comtech.com.
Forward-Looking Statements
Certain information in this press release contains statements
that are forward-looking in nature and involve certain significant
risks and uncertainties. Actual results could differ materially
from such forward-looking information. The Company's Securities and
Exchange Commission filings identify many such risks and
uncertainties. Any forward- looking information in this press
release is qualified in its entirety by the risks and uncertainties
described in such Securities and Exchange Commission filings.
PCMTL
View source
version on businesswire.com: https://www.businesswire.com/news/home/20231207338218/en/
Investor Relations Maria Ceriello
investors@comtech.com
Comtech Telecommunications (NASDAQ:CMTL)
Gráfica de Acción Histórica
De Abr 2024 a May 2024
Comtech Telecommunications (NASDAQ:CMTL)
Gráfica de Acción Histórica
De May 2023 a May 2024