---
schema_version: "secwatch.filing_event.v1"
accession: "0000023197-23-000071"
form_type: "8-K"
ticker: "CMTL"
cik: "0000023197"
company_name: "COMTECH TELECOMMUNICATIONS CORP /DE/"
filed_at: "2023-12-07T23:59:59+00:00"
generated_at: "2026-06-07T16:32:50.463681+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Comtech Q1 net sales $151.9M (+15.9% YoY); bookings $185.6M; guides Q2 net sales +1-3%

## Summary
- Operating income $2.1M vs loss of $9.7M a year ago; adjusted EBITDA $18.4M (12.1% margin) versus $10.7M (8.2%).
- Bookings $185.6M (1.22x book-to-bill); backlog $695.9M; revenue visibility ~$1.7B.
- Satellite & Space segment net sales $102.4M (+26.6% YoY); Terrestrial & Wireless $49.5M (-1.6% YoY).
- Divestiture of high-power amplifier product line closed Nov 7, 2023; net proceeds $32.5M.
- Q2 FY2024 guidance: net sales +1-3% sequentially; adjusted EBITDA margin 11-13%; refinancing of credit facility (Oct 2024 maturity) under active discussion.

## SEC filing metadata
- accession: 0000023197-23-000071
- form_type: 8-K
- ticker: CMTL
- cik: 0000023197
- company_name: COMTECH TELECOMMUNICATIONS CORP /DE/
- filed_at: 2023-12-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/23197/000002319723000071/0000023197-23-000071-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/23197/000002319723000071/cmtl-20231207.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000023197-23-000071
- JSON: https://secwatch.observer/filing/0000023197-23-000071.json
- Plain text: https://secwatch.observer/filing/0000023197-23-000071.txt

## Key facts
- Earnings Releases
  COMTECH TELECOMMUNICATIONS CORP /DE/ reported first quarter ended October 31, 2023 results: revenue $151.9 million.
  - Period: first quarter ended October 31, 2023
  - Revenue: $151.9 million
  - Result: reported results
  source text: new fiscal year, I’m pleased to report that Comtech continues to deliver on our commitment to growth. Net sales for our first quarter of fiscal 2024 rose 15.9% year-over-year to $151.9 million, and bookings of $185.6 million (as high as they’ve been since I assumed the role of CEO last year) represent a quarterly book-to-bill ratio of 1.22x. Since my arrival at
  evidence_url: https://www.sec.gov/Archives/edgar/data/23197/000002319723000071/0000023197-23-000071-index.htm

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