{"schema_version":"secwatch.filing_event.v1","accession":"0000023197-25-000102","form_type":"8-K","ticker":"CMTL","cik":"0000023197","company_name":"COMTECH TELECOMMUNICATIONS CORP /DE/","filed_at":"2025-12-11T23:59:59+00:00","discovered_at":"2026-05-14T18:02:41.626313+00:00","generated_at":"2026-05-16T13:34:33.726913+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Comtech Q1 FY2026 revenue $111M, gross margin jumps to 33.1%, net loss $19.8M","bullets":["Consolidated net sales $111.0M, down 4.1% YoY; gross margin 33.1% vs 12.5% a year ago due to inventory write-down reversal and restructuring.","Operating loss $2.8M; net loss attributable to common $19.8M; Adjusted EBITDA $9.6M (8.7% of sales).","Net bookings $101.9M (book-to-bill 0.92x); funded backlog $663M; excludes $130M+ contract extension with Tier 1 MNO secured in November.","GAAP operating cash flow $8.1M – third consecutive positive quarter; total liquidity $51M at quarter end.","S&S segment net sales $55.1M (-6.5% YoY); Allerium net sales $55.9M (-1.8% YoY)."],"urls":{"canonical":"https://secwatch.observer/filing/0000023197-25-000102","json":"https://secwatch.observer/filing/0000023197-25-000102.json","markdown":"https://secwatch.observer/filing/0000023197-25-000102.md","text":"https://secwatch.observer/filing/0000023197-25-000102.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/23197/000002319725000102/0000023197-25-000102-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/23197/000002319725000102/cmtl-20251211.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T13:34:33.726913+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}