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Stock impact report

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Comtech Telecommunications Corp. (CMTL) on Behalf of Investors

Comtech Telecommunications Corp. (CMTL) 
Last comtech telecommunications corp. earnings: 3/4 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: comtechtel.com/ir.cfm
Company Research Source: Business Wire
BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of Comtech Telecommunications Corp. (“Comtech” or the “Company”) (NASDAQ: CMTL) investors concerning the Company’s possible violations of federal securities laws.On March 13, 2024, Comtech announced that it would be unable to file its quarterly report for the period ended January 31, 2024 on time and that the Company had terminated its President and CEO, effective immediately.On this news, Comtech’s stock price fell $1.57, or 27.3%, to close at $4.19 per share on March 13, 2024, thereby injuring investors.Then, on March 18, 2024, Comtech released its second quarter 2024 financial results, reporting a per share loss of $0.15, missing consensus estimates by $0.35. On this news, Comtech’s stock price fell $1.17, or 25.4%, to close at $3.43 per share on March 19, 2024, thereby injuring investors further.If you purchased Comtech securities, have information or would like to learn more ab Show less Read more
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