---
schema_version: "secwatch.filing_event.v1"
accession: "0000023197-24-000081"
form_type: "8-K"
ticker: "CMTL"
cik: "0000023197"
company_name: "COMTECH TELECOMMUNICATIONS CORP /DE/"
filed_at: "2024-06-18T23:59:59+00:00"
generated_at: "2026-06-01T03:59:19.704203+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Comtech Q3 net sales $128.1M (-6% YoY); operating loss $3.5M; secures $222M credit facility

## Summary
- Net sales $128.1M vs $136.3M a year ago; GAAP operating loss of $3.5M includes $2.5M CEO transition costs.
- Adjusted EBITDA $11.9M (9.3% margin) versus $12.5M (9.2%) a year ago.
- Completed refinancing with $60M revolver and $162M term loan maturing 2028.
- Awarded Massachusetts NG911 contract: initial value $140M+, potential $250M over 10 years.
- Expects Q4 fiscal 2024 net sales and Adjusted EBITDA similar to Q3.

## SEC filing metadata
- accession: 0000023197-24-000081
- form_type: 8-K
- ticker: CMTL
- cik: 0000023197
- company_name: COMTECH TELECOMMUNICATIONS CORP /DE/
- filed_at: 2024-06-18T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/23197/000002319724000081/0000023197-24-000081-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/23197/000002319724000081/cmtl-20240618.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000023197-24-000081
- JSON: https://secwatch.observer/filing/0000023197-24-000081.json
- Plain text: https://secwatch.observer/filing/0000023197-24-000081.txt

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