Outerbridge Delivers Letter to Comtech Board of Directors
Comtech Telecommunications Corp. (CMTL)
Last comtech telecommunications corp. earnings: 3/4 04:02 pm
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US:NASDAQ Investor Relations:
comtechtel.com/ir.cfm
Company Research
Source: GlobeNewswire
Urges the Board to Immediately Explore All Available Strategic Alternatives, Including a Sale of the Company Looks Forward to Engaging Collaboratively with Management and the Board to Unlock Value for the Benefit of All Shareholders NEW YORK, June 14, 2021 (GLOBE NEWSWIRE) -- Outerbridge Capital Management, LLC (“Outerbridge”), a shareholder of Comtech Telecommunications Corp. (NASDAQ: CMTL) (“Comtech” or the “Company”), today announced that it has delivered a letter to Comtech’s Board of Directors (the “Board”). Outerbridge believes that while Comtech continues to be a market leader with best-in-class products and strong growth prospects, the Company has been and remains significantly undervalued in the public markets due to, among other things, poor corporate governance, a history of capital misallocation, and a lack of executive succession planning. Due to the issues plaguing the Company and both the Board’s and management’s apparent lack of urgency in addressing these matters,
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- Comtech Telecommunications (CMTL) Tanks After Revealing Liquidity Concerns, Firing CEO For Cause, Reporting Disastrous Q2 2024 Results – Hagens BermanGlobeNewswire
CMTL
Earnings
- 3/18/24 - Miss
CMTL
Sec Filings
- 4/2/24 - Form 4
- 4/1/24 - Form 8-K
- 3/28/24 - Form 3
- CMTL's page on the SEC website