---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-073206"
form_type: "8-K"
ticker: "CMTL"
cik: "0000023197"
company_name: "COMTECH TELECOMMUNICATIONS CORP /DE/"
filed_at: "2023-06-21T23:59:59+00:00"
generated_at: "2026-06-13T20:21:13.380205+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "medium"
source: SEC EDGAR
---

# Comtech at Investor Day expects FY23 revenue ~$542M, Adj. EBITDA $49M; targets 11-12% revenue growth YoY

## Summary
- Q3 FY2023 results: revenues, Adjusted EBITDA, and margins met or beat guidance; sequential growth maintained.
- FY23 guidance midpoint: revenues $542M, Adjusted EBITDA $49M (9% margin); on pace for 11-12% revenue growth YoY and 22-26% Adj. EBITDA growth YoY.
- Illustrative scenarios show potential for 15% Adjusted EBITDA margin and $33-49M profit improvement from lean initiatives.
- CapEx expected to decline in FY24-FY26 as large projects wrap; secured leverage ratio targeted at 2.0x-2.5x range.
- New EVOKE innovation foundry launched to drive transition to software, solutions, and insights; refreshed leadership team.

## SEC filing metadata
- accession: 0001104659-23-073206
- form_type: 8-K
- ticker: CMTL
- cik: 0000023197
- company_name: COMTECH TELECOMMUNICATIONS CORP /DE/
- filed_at: 2023-06-21T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: medium
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/23197/000110465923073206/0001104659-23-073206-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/23197/000110465923073206/tm2319271d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-073206
- JSON: https://secwatch.observer/filing/0001104659-23-073206.json
- Plain text: https://secwatch.observer/filing/0001104659-23-073206.txt

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