{"schema_version":"secwatch.filing_event.v1","accession":"0000023197-26-000070","form_type":"8-K","ticker":"CMTL","cik":"0000023197","company_name":"COMTECH TELECOMMUNICATIONS CORP /DE/","filed_at":"2026-06-15T12:01:52+00:00","discovered_at":"2026-06-15T12:05:16.426500+00:00","generated_at":"2026-06-15T12:05:37.511254+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Comtech reports Q3 sales down 16.4% to $106M; sells most S&S business for $157.5M","bullets":["Net loss attributable to common shareholders of $14.3M; includes $10.8M preferred dividends.","Adjusted EBITDA of $8.2M; fifth consecutive quarter of positive operating cash flow ($6.1M).","Agreed to sell most of Satellite & Space Communications business to Gilat for $157.5M; net proceeds ~$143-145M.","Amended credit facilities to extend covenant relief through July 31, 2027; preferred stock exchange agreed.","Allerium segment sales $55.7M; S&S segment sales $50.3M; consolidated backlog $696.1M."],"urls":{"canonical":"https://secwatch.observer/filing/0000023197-26-000070","json":"https://secwatch.observer/filing/0000023197-26-000070.json","markdown":"https://secwatch.observer/filing/0000023197-26-000070.md","text":"https://secwatch.observer/filing/0000023197-26-000070.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/23197/000002319726000070/0000023197-26-000070-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/23197/000002319726000070/cmtl-20260615.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T12:05:37.511254+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":[{"claim_id":"6b77fbe3611be83e0b41c331bc1c9d78c10e87f1","claim":"COMTECH TELECOMMUNICATIONS CORP /DE/ reported third quarter ended April 30, 2026 results: revenue $106.0 million, net income net loss attributable to common shareholders of $14.3 million.","evidence_excerpt":"and passion that is driving these significant achievements. I am so proud of this team and what we are accomplishing together.” Consolidated Financial Results • Net sales of $106.0 million • Gross profit of 34.0% • Operating loss of $3.1 million and net loss attributable to common shareholders of $14.3 million • Adjusted EBITDA (a Non-GAAP financial measure) of","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/23197/000002319726000070/0000023197-26-000070-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter ended April 30, 2026"},{"label":"Revenue","value":"$106.0 million"},{"label":"Net income","value":"net loss attributable to common shareholders of $14.3 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}