---
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"
generated_at: "2026-06-15T12:05:37.511254+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Comtech reports Q3 sales down 16.4% to $106M; sells most S&S business for $157.5M

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000023197-26-000070
- JSON: https://secwatch.observer/filing/0000023197-26-000070.json
- Plain text: https://secwatch.observer/filing/0000023197-26-000070.txt

## Key facts
- Earnings Releases
  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.
  - Period: third quarter ended April 30, 2026
  - Revenue: $106.0 million
  - Net income: net loss attributable to common shareholders of $14.3 million
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/23197/000002319726000070/0000023197-26-000070-index.htm

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