Comtech reports Q3 net sales growth, $12.5M Adj EBITDA (9.2% margin); Q4 guidance: sales up 2-4%

COMTECH TELECOMMUNICATIONS CORP /DE/

2023-Q3 EPS reported -$1.02 revenue$401,180,000

Operating cash flow of $16.6M; Adjusted EBITDA of $12.5M (9.2% margin).
Q4 FY23 guidance: net sales sequential growth 2-4%; Adj EBITDA margin 9.5-10.5%.
Appointed Ellen M. Lord (former Under Sec. of Defense) and LTG Bruce Crawford (former Army CIO) to board, effective June 15.
Three new EVOKE tech partnerships announced: Aarna Networks, Descartes Labs, WishKnish.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

COMTECH TELECOMMUNICATIONS CORP /DE/ reported financial results for its third quarter ended April 30, 2023.

Period: its third quarter ended April 30, 2023
Result: reported results

Exact text from the filing

On June 8, 2023, Comtech Telecommunications Corp. (the “Company”) issued a shareholder letter announcing its results of operations for its third quarter ended April 30, 2023 and guidance for its fourth quarter ending July 31, 2023.

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

COMTECH TELECOMMUNICATIONS CORP /DE/ updated its its fourth quarter ending July 31, 2023 guidance (initiated).

Period: its fourth quarter ending July 31, 2023
Guidance: initiated
Result: guidance update

Exact text from the filing

Looking ahead, we expect our fourth quarter fiscal 2023 results to improve, with consolidated net sales anticipated to grow sequentially between 2.0% and 4.0% and for consolidated Adjusted EBITDA1 margins to be in the range of 9.5% to 10.5% of consolidated net sales.

View on SEC.gov

309 earnings releases filed in the last 30 days. Browse all earnings releases →

COMTECH TELECOMMUNICATIONS CORP /DE/ filing history →

Source: SEC EDGAR

accession 0000023197-23-000036

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.