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Comtech Telecommunications Appoints Lloyd Sprung to Board

Story Highlights
  • Comtech appointed Lloyd A. Sprung as an independent director on August 18, 2025.
  • Sprung’s appointment fulfills a credit agreement requirement and supports Comtech’s strategic initiatives.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Comtech Telecommunications Appoints Lloyd Sprung to Board

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An update from Comtech Telecommunications ( (CMTL) ) is now available.

On August 18, 2025, Comtech Telecommunications Corp. announced the appointment of Lloyd A. Sprung as an independent director to its Board of Directors. Mr. Sprung, who brings over three decades of experience in corporate finance, capital markets, and restructuring, will serve on the Audit and Strategic Review Committees. His appointment fulfills a requirement of Comtech’s Credit Agreement with TCW Asset Management Company LLC and is expected to enhance the company’s strategic initiatives and shareholder value.

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 driven primarily by its significant financial challenges, including declining revenue and persistent losses. While the earnings call and recent corporate events show positive steps toward restructuring and improving financial flexibility, valuation concerns and mixed technical indicators weigh heavily on the stock’s outlook.

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

More about Comtech Telecommunications

Comtech Telecommunications Corp. is a leading provider of 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 globally. The company leverages its culture of innovation and extensive technology leadership to deliver mission-critical communications solutions.

Average Trading Volume: 249,494

Technical Sentiment Signal: Strong Sell

Current Market Cap: $60.55M

Find detailed analytics on CMTL stock on TipRanks’ Stock Analysis page.

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