Comtech to Report Third Quarter Fiscal 2024 Results and Announces New $222.0 Million Credit Facility

Rhea-AI Summary

Comtech (NASDAQ: CMTL) announced it will release its third-quarter fiscal 2024 results before the market opens on June 18, 2024. An earnings call will be held at 8:30 a.m. ET, featuring Interim CEO John Ratigan and CFO Michael Bondi, discussing financial results, operations, and business trends.

Additionally, Comtech disclosed securing a new $222.0 million credit facility to support its financial strategy. The webcast will be available on Comtech's investor relations website and can be accessed by phone with a provided conference ID. A replay will be available until July 2, 2024.

Positive

• Release of third-quarter fiscal 2024 results expected on June 18, 2024.
• Earnings call scheduled with senior management to discuss financial performance and business trends.
• New $222.0 million credit facility secured to support financial strategy.
• Webcast and replay availability ensures accessibility for all investors.

Negative

• No detailed financial figures provided in the announcement.
• Potential uncertainty around the interim CEO's leadership.

CHANDLER, Ariz.--(BUSINESS WIRE)-- June 17, 2024-- Comtech (NASDAQ: CMTL) (“the Company”) today announced that it plans to release its third quarter fiscal 2024 results before the market opens on Tuesday, June 18, 2024.

At 8:30 a.m. ET tomorrow, John Ratigan, Comtech’s Interim Chief Executive Officer and Michael Bondi, Comtech’s Chief Financial Officer, will hold a conference call to discuss the Company’s third quarter fiscal 2024 results, operations, refinancing and business trends. A real-time webcast of the call will be available to the public at the investor relations section of the Comtech website at www.comtech.com. Alternatively, investors can access the conference call by dialing (800) 267-6316 (domestic) or (203) 518-9783 (international) and using the conference I.D. of “Comtech.” A replay of the call will also be available by dialing (888) 566-0152 or (402) 220-9186 through Tuesday, July 2, 2024.

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.

Forward-Looking Statements

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

View source version on businesswire.com: https://www.businesswire.com/news/home/20240614783623/en/

Investor Relations

Maria Ceriello

631-962-7102

investors@comtech.com

Source: Comtech Telecommunications Corp.

FAQ

When will Comtech release its third-quarter fiscal 2024 results?

Comtech will release its third-quarter fiscal 2024 results before the market opens on June 18, 2024.

What time is Comtech's earnings call for Q3 fiscal 2024?

Comtech's earnings call for Q3 fiscal 2024 is scheduled for 8:30 a.m. ET on June 18, 2024.

Who will participate in Comtech's Q3 fiscal 2024 earnings call?

Interim CEO John Ratigan and CFO Michael Bondi will participate in Comtech's Q3 fiscal 2024 earnings call.

What is the new credit facility announced by Comtech?

Comtech announced a new $222.0 million credit facility.

How can investors access Comtech's Q3 fiscal 2024 earnings call?

Investors can access Comtech's Q3 fiscal 2024 earnings call via webcast on the investor relations section of Comtech's website or by dialing provided phone numbers with the conference ID 'Comtech'.