---
schema_version: "secwatch.filing_event.v1"
accession: "0000023197-25-000058"
form_type: "8-K"
ticker: "CMTL"
cik: "0000023197"
company_name: "COMTECH TELECOMMUNICATIONS CORP /DE/"
filed_at: "2025-06-09T23:59:59+00:00"
generated_at: "2026-05-19T17:38:52.225451+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Comtech Q3 net loss widens to $14.5M; secures $40M capital, covenants suspended

## Summary
- Net sales $126.8M (-1.0% YoY); net loss $14.5M vs $1.0M loss a year ago; operating loss narrows to $1.5M.
- Adjusted EBITDA $12.6M (9.9% margin); GAAP operating cash flow $2.3M vs -$3.8M YoY.
- Gross bookings $107.4M (0.85x) after $36.4M debooking on lost U.S. Army GFSR contract.
- Transformation: ceased UK mfg, cut 70+ products, reduced workforce 15%, annualized labor savings ~$33M.
- Amended credit facilities waive breaches; $40M capital infusion; liquidity ~$27.3M; covenant testing suspended.

## SEC filing metadata
- accession: 0000023197-25-000058
- form_type: 8-K
- ticker: CMTL
- cik: 0000023197
- company_name: COMTECH TELECOMMUNICATIONS CORP /DE/
- filed_at: 2025-06-09T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- 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/23197/000002319725000058/0000023197-25-000058-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/23197/000002319725000058/cmtl-20250609.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000023197-25-000058
- JSON: https://secwatch.observer/filing/0000023197-25-000058.json
- Plain text: https://secwatch.observer/filing/0000023197-25-000058.txt

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