Comtech Announces Financial Results for Second Quarter of Fiscal 2026 [Yahoo! Finance]
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
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Source: Yahoo! Finance
global communications technology leader, today reported financial results for its second quarter ended January 31, 2026. Ken Traub, Chairman, President and CEO, stated: "Comtech continued on its positive trajectory of improvement, as we delivered our fourth consecutive quarter of positive operating cash flow and ended the quarter with approximately $50 million of total liquidity. With net bookings of $175 million in the quarter, we have achieved a book-to-bill ratio of 1.64x, increased our backlog to $732 million and maintained our revenue visibility at approximately $1.1 billion. As previously disclosed, we have streamlined our product lines and are more selective in the customer orders we accept. As a result of these deliberate decisions, as well as the temporary impact of the U.S. government shutdown, consolidated net sales decreased from $127 million in the second quarter of fiscal 2025 to $107 million this past quarter. But importantly, we increased gross profit from $34 mill
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CMTL
Earnings
- 3/16/26 - Miss
CMTL
Sec Filings
- 3/16/26 - Form 8-K
- 3/16/26 - Form 10-Q
- 3/11/26 - Form 8-K
- CMTL's page on the SEC website