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Comtech Secures $35M Infusion, Amends Credit Agreement

Story Highlights
  • Comtech announced amendments to its credit agreement and a $35 million capital infusion.
  • These changes improve financial terms and liquidity, supporting Comtech’s business plans.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Comtech Secures $35M Infusion, Amends Credit Agreement

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Comtech Telecommunications ( (CMTL) ) has shared an announcement.

On July 21, 2025, Comtech Telecommunications Corp. announced amendments to its senior secured credit agreement and a new $35 million capital infusion. These changes improve the terms of the credit agreement, increase financial flexibility, and enhance liquidity to support the company’s business plans. The amendments include a suspension of certain financial covenants until January 2027, altered interest rate margins, and deferred repayment obligations. The capital infusion, provided by an existing holder of the company’s convertible preferred stock, will be used to prepay a portion of the senior secured debt and increase liquidity. This move reflects strong confidence from lenders and stakeholders in Comtech’s transformation plan, positioning the company to capitalize on opportunities in its Terrestrial and Wireless, and Satellite and Space business segments.

The most recent analyst rating on (CMTL) stock is a Buy with a $9.25 price target. To see the full list of analyst forecasts on Comtech Telecommunications stock, see the CMTL Stock Forecast page.

Spark’s Take on CMTL Stock

According to Spark, TipRanks’ AI Analyst, CMTL is a Neutral.

Comtech Telecommunications’ overall stock score is primarily impacted by its weak financial performance, characterized by declining revenue and profitability challenges. The company’s valuation is also unattractive due to negative earnings. Despite some positive steps in restructuring noted during the earnings call, significant financial and operational risks remain.

To see Spark’s full report on CMTL stock, click here.

More about Comtech Telecommunications

Comtech Telecommunications Corp. is a global leader in communications technology, providing satellite and space communications technologies, terrestrial and wireless network solutions, Next Generation 911 and emergency services, and cloud native capabilities to commercial and government customers worldwide.

Average Trading Volume: 264,035

Technical Sentiment Signal: Sell

Current Market Cap: $71.14M

See more insights into CMTL stock on TipRanks’ Stock Analysis page.

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