earnings
confidence high
sentiment positive
materiality 0.75
Comtech Q2 fiscal 2026: Net sales down 15.6%, gross margin jumps to 33.9%, Adj EBITDA up 214%
COMTECH TELECOMMUNICATIONS CORP /DE/
2026-Q2 EPS reported
-$1.34
revenue$217,793,000
- Net sales $106.8M, down 15.6% YoY; gross margin improved to 33.9% from 26.7%.
- Adjusted EBITDA $9.1M (8.6% margin), up 214% from $2.9M a year ago.
- Net bookings $175.4M, book-to-bill 1.64x; funded backlog $731.6M.
- GAAP operating cash flow $4.9M, fourth consecutive positive quarter; total liquidity $49.9M.
- Allerium segment net sales up 6.2% to $56.2M; S&S sales down 31.3% due to exiting low-margin contracts.