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Comtech Announces Results for its Fourth Quarter of Fiscal 2022 and Updates First Quarter Fiscal 2023 Financial Targets

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Comtech (NASDAQ: CMTL) released its fourth quarter fiscal 2022 financial results on September 29, 2022, and updated its financial targets for Q1 fiscal 2023. Investors can access the full shareholder letter on Comtech's investor relations website. A brief earnings conference call will follow the announcement, enabling more discussion time. Comtech, a global provider of satellite communications and network infrastructures, emphasizes customer success and security in its solutions. The company remains committed to transparency, with a Form 8-K also filed with the Securities and Exchange Commission.

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MELVILLE, N.Y.--(BUSINESS WIRE)-- September 29, 2022--Comtech (NASDAQ: CMTL), a leading global provider of satellite and space communications and terrestrial and wireless network infrastructures, today announced its fourth quarter fiscal 2022 financial results and updated its first quarter fiscal 2023 financial targets in a letter to shareholders which is now posted to the Investor Relations section of Comtech's website.

Investors are invited to access the fourth quarter fiscal 2022 shareholder letter at its web site at investor.comtech.com. A copy of the letter will also be filed with the Securities and Exchange Commission in a Form 8-K.

Comtech also intends to host a previously scheduled earnings conference call at 4:30PM ET today that is intended to be briefer but provide more time for questions and discussion. Individuals can access the conference call by dialing (800) 225-9448 (domestic) or (203) 518-9708 (international) and using the conference I.D. of “Comtech.” A replay of the conference call will be available for seven days by dialing (800) 839-0861 or (402) 220-0661. A live webcast of the call is also available at investor.comtech.com.

About Comtech

Comtech is a leading global provider of satellite and space communications and terrestrial and wireless network infrastructures to commercial and government customers around the world. Headquartered in Melville, New York and with a passion for customer success, Comtech designs, produces and markets advanced and secure wireless solutions. For more information, please visit www.comtech.com.

Certain information in this press release contains statements that are forward-looking in nature and involve certain significant risks and uncertainties. Actual results could differ materially from such forward-looking information. The Company's Securities and Exchange Commission filings identify many such risks and uncertainties. Any forward- looking information in this press release is qualified in its entirety by the risks and uncertainties described in such Securities and Exchange Commission filings.

PCMTL

Investor Relations

Robert Samuels

631-962-7102

robert.samuels@comtech.com

Source: Comtech Telecommunications Corp.

FAQ

What were Comtech's financial results for Q4 fiscal 2022?

Comtech announced its fourth quarter fiscal 2022 financial results, detailed in a shareholder letter available on its investor relations website.

What is Comtech's stock symbol and where is it listed?

Comtech's stock symbol is CMTL, and it is listed on NASDAQ.

When will Comtech hold its earnings conference call?

Comtech plans to hold its earnings conference call at 4:30 PM ET on September 29, 2022.

What updates did Comtech provide for Q1 fiscal 2023?

Comtech updated its financial targets for Q1 fiscal 2023 in the same announcement as their fourth quarter results.

Where can I find the shareholder letter from Comtech?

The shareholder letter detailing Comtech's fourth quarter fiscal 2022 results can be found on the company's investor relations website.

Comtech Telecommunications

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