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Comtech Telecommunications (CMTL)
NASDAQ:CMTL
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Earnings Data
Report Date
Mar 06, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
-0.46Last Year’s EPS
-1.07Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Dec 06, 2018
|% Change Since: -36.32%
|Next Earnings Date:Sep 26, 2018
Earnings Call Sentiment|Negative
The earnings call highlighted several significant challenges, including large operating losses, declining sales, and expected debt covenant breaches. Despite these issues, there were positive developments such as a strong book-to-bill ratio and significant contract renewals. However, the challenges seem to outweigh the positive aspects.Company Guidance
During the earnings call for Comtech Telecommunications Corp. for the first quarter of fiscal 2025, the company outlined several key metrics and strategic priorities aimed at addressing its current challenges and future growth. The company reported a significant GAAP operating loss of $129.2 million due to large non-cash charges and write-downs, with consolidated net sales at $115.8 million, down from $151.9 million in Q1 fiscal 2024. The gross margin decreased to 12.5% from 31.5% a year ago. The company's backlog remains strong with over $800 million in funded orders, and the book-to-bill ratio was reported at 1.1 for the quarter. Comtech is focusing on cash management, with approximately $30 million in cash and cash equivalents, aiming to generate positive cash flow by enhancing working capital management and asset sales. The company is also undertaking a comprehensive review of strategic alternatives, including potential sales of underperforming segments, to improve its capital structure and regain compliance with financial covenants.Positive Book-to-Bill Ratio
Comtech reported a consolidated book-to-bill ratio of 1.1 for the quarter, indicating a higher volume of orders than sales.
Successful Contract Renewals and Awards
In the Terrestrial and Wireless segment, Comtech secured a $30 million-plus contract renewal with a major U.S. wireless carrier and a $19 million multiyear contract with another top-tier carrier.
Strong Backlog Support
Comtech has over $800 million in funded backlog, which supports future revenue confidence.
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CMTL Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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CMTL Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Jan 13, 2025 | $4.13 | $2.34 | -43.34% |
| Oct 31, 2024 | $3.72 | $2.91 | -21.77% |
| Jun 18, 2024 | $2.17 | $4.07 | +87.56% |
| Mar 18, 2024 | $4.60 | $3.43 | -25.43% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Comtech Telecommunications (CMTL) report earnings?
Comtech Telecommunications (CMTL) is schdueled to report earning on Mar 06, 2025, TBA Not Confirmed.
What is Comtech Telecommunications (CMTL) earnings time?
Comtech Telecommunications (CMTL) earnings time is at Mar 06, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is CMTL EPS forecast?
CMTL EPS forecast for the fiscal quarter 2025 (Q2) is -0.46.
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