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Comtech Announces Results for its Second Quarter of Fiscal 2023 and Updates Third Quarter Fiscal 2023 Financial Targets

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Comtech Telecommunications Corp. (NASDAQ: CMTL) announced its second quarter fiscal 2023 financial results on March 9, 2023, and provided updated targets for the third quarter. Investors can view the detailed shareholder letter on Comtech's website. A conference call is scheduled for 5:00 PM ET to discuss the results and allow for questions. Comtech specializes in providing innovative telecommunications solutions globally, focusing on emergency service technologies and satellite communications.

Positive
  • Upcoming earnings conference call allows for increased stakeholder engagement.
Negative
  • No specific growth metrics or financial details provided for Q2 fiscal 2023.

MELVILLE, N.Y.--(BUSINESS WIRE)-- March 9, 2023-- Comtech (NASDAQ: CMTL) today announced its second quarter fiscal 2023 financial results and updated its third 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 second quarter fiscal 2023 shareholder letter at its web site at comtech.com/investor-relations/. 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 5:00PM 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 two weeks by dialing (800) 839-3516 or (402) 220-7238. A live webcast of the call is also available at comtech.com/investor-relations/.

About Comtech

Comtech Telecommunications Corp. is a leading global technology company providing terrestrial and wireless network solutions, next-generation 9-1-1 emergency services, satellite and space communications technologies, and cloud native capabilities to commercial and government customers around the world. Our unique culture of innovation and employee empowerment unleashes a relentless passion for customer success. With multiple facilities located in technology corridors throughout the United States and around the world, Comtech leverages our global presence, technology leadership, and decades of experience to create the world’s most innovative communications 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

investors@comtech.com

Source: Comtech Telecommunications Corp.

FAQ

What were the financial results for Comtech in Q2 fiscal 2023?

The details of Q2 fiscal 2023 results are available in the shareholder letter on Comtech's website.

When is Comtech's next earnings call scheduled?

Comtech's earnings conference call is scheduled for March 9, 2023, at 5:00 PM ET.

What is the updated financial guidance for Comtech for Q3 fiscal 2023?

The updated financial targets for Q3 fiscal 2023 are discussed in the shareholder letter available on Comtech's website.

Comtech Telecommunications

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