---
schema_version: "secwatch.filing_event.v1"
accession: "0000023197-22-000092"
form_type: "8-K"
ticker: "CMTL"
cik: "0000023197"
company_name: "COMTECH TELECOMMUNICATIONS CORP /DE/"
filed_at: "2022-12-08T23:59:59+00:00"
generated_at: "2026-06-21T07:46:27.150647+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Comtech Q1 FY2023 rev $131.1M (+12.2% YoY); Adj EBITDA $10.7M vs $5.5M; Q2 guidance sales +1-3%

## Summary
- Consolidated net sales $131.1M, up 12.2% YoY and 3.3% sequentially; gross margin 35.7%.
- Adjusted EBITDA $10.7M (8.2% of sales) vs $5.5M (4.7%) a year ago; bookings $181.2M, backlog $668.2M.
- Satellite & Space segment sales $80.9M (+25.2% YoY); Adj EBITDA $9.9M vs -$1.3M loss.
- Terrestrial & Wireless segment sales $50.3M (-3.6% YoY); Adj EBITDA $6.0M vs $11.0M.
- Q2 FY2023 guidance: net sales +1-3% sequential; Adj EBITDA margin ~8.0%; quarterly dividend $0.10/share declared.

## SEC filing metadata
- accession: 0000023197-22-000092
- form_type: 8-K
- ticker: CMTL
- cik: 0000023197
- company_name: COMTECH TELECOMMUNICATIONS CORP /DE/
- filed_at: 2022-12-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/23197/000002319722000092/0000023197-22-000092-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/23197/000002319722000092/cmtl-20221208.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000023197-22-000092
- JSON: https://secwatch.observer/filing/0000023197-22-000092.json
- Plain text: https://secwatch.observer/filing/0000023197-22-000092.txt

## Key facts
- Earnings Releases
  COMTECH TELECOMMUNICATIONS CORP /DE/ reported first quarter ended October 31, 2022 results: revenue $131.1 million. Guidance initiated.
  - Period: first quarter ended October 31, 2022
  - Revenue: $131.1 million
  - Guidance: initiated
  - Result: reported results
  source text: For Q1 fiscal 2023, we recorded $131.1 million of consolidated net sales, a 3.3% sequential increase over last quarter and our fourth consecutive quarterly increase.
  evidence_url: https://www.sec.gov/Archives/edgar/data/23197/000002319722000092/0000023197-22-000092-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.