Source-grounded facts extracted from COMTECH TELECOMMUNICATIONS CORP /DE/'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
COMTECH TELECOMMUNICATIONS CORP /DE/ reported first quarter ended October 31, 2022 results: revenue $131.1 million. Guidance initiated.
“For Q1 fiscal 2023, we recorded $131.1 million of consolidated net sales, a 3.3% sequential increase over last quarter and our fourth consecutive quarterly increase.”
COMTECH TELECOMMUNICATIONS CORP /DE/: Amended and Restated Certificate of Designations modified the definition of Existing Credit Agreement to reference the Company's Second Amended and Restated Credit Agreement dated as of November 30, 2022 (effective 2022-11-30).
“On November 30, 2022, the Company filed an Amended and Restated Certificate of Designations (the "Amended Certificate") with the Secretary of the State of Delaware. The Amended Certificate modifies the definition of Existing Credit Agreement to reference the Company's Second Amended and Restated Credit Agreement dated as of November 30, 2022.”
COMTECH TELECOMMUNICATIONS CORP /DE/ amended credit facility of a senior secured loan facility of up to $300.0 million with Citibank N.A. and other lenders at either (i) Alternate Base Rate borrowings, which would bear interest from the ap maturing The Amended Credit Facility matures on October 31, 2024 (the "Maturity Date")..
“The Amended Credit Facility provides a senior secured loan facility of up to $300.0 million consisting of: (i) a revolving loan facility ("Revolving Loan Facility") with a borrowing limit of $150.0 million, including a $20.0 million letter of credit sublimit and a swingline loan credit sublimit of $15.0 million; (ii) a $50.0 million term loan A ("Term Loan"); and (iii) an accordion feature allowing us to make a request to borrow up to an additional $100.0 million subject to the satisfaction of specified conditions, including approval by our lenders. The Amended Credit Facility matures on October 31, 2024 (the "Maturity Date").”
COMTECH TELECOMMUNICATIONS CORP /DE/ amended Second Amended and Restated Credit Agreement with the lenders party thereto and Citibank N.A., as administrative agent, issuing bank and swingline lender valued at $300.0 million (effective 2022-11-30).
“On November 30, 2022, Comtech Telecommunications Corp. (the "Company") entered into a Second Amended and Restated Credit Agreement among the Company, the lenders party thereto and Citibank N.A., as administrative agent, issuing bank and swingline lender (the “Amended Credit Facility”), amending the First Amended and Restated Credit Agreement, dated as of October 31, 2018”
Ken Peterman was appointed as President and Chief Executive Officer at COMTECH TELECOMMUNICATIONS CORP /DE/.
“Ken Peterman, age 65, has been appointed President and Chief Executive Officer, effective immediately.”
Michael Porcelain departed as President and Chief Executive Officer at COMTECH TELECOMMUNICATIONS CORP /DE/.
“the mutually agreed separation of Michael Porcelain as President and Chief Executive Officer (the “CEO”) and member of the Board of Directors”
Fred Kornberg departed as Chairman of the Board at COMTECH TELECOMMUNICATIONS CORP /DE/.
“On July 25, 2022, Comtech announced the retirement of Fred Kornberg as Chairman of Comtech’s Board, effective July 22, 2022.”
Ken Peterman was elected as Chairman of the Board at COMTECH TELECOMMUNICATIONS CORP /DE/.
“On July 25, 2022, Comtech Telecommunications Corp. (the “Company” or “Comtech”) announced that it has elected current independent director Ken Peterman as Chairman of the Board, effective July 22, 2022.”
Ken Peterman was appointed as Director at COMTECH TELECOMMUNICATIONS CORP /DE/.
“On May 10, 2022, Comtech Telecommunications Corp. (the “Company”) announced that Ken Peterman has been appointed to Comtech’s Board of Directors, effective May 5, 2022.”
Maria Hedden was appointed as Chief Operating Officer at COMTECH TELECOMMUNICATIONS CORP /DE/.
“On March 30, 2022, Comtech Telecommunications Corp. (the "Company") announced the appointment of Maria Hedden as Chief Operating Officer of the Company effective as of March 28, 2022.”
Fred Kornberg departed as Chief Executive Officer at COMTECH TELECOMMUNICATIONS CORP /DE/.
“Fred Kornberg ceased serving as CEO on December 31, 2021, after approximately fifty years of service to Comtech.”
Michael Porcelain was appointed as Director at COMTECH TELECOMMUNICATIONS CORP /DE/.
“and on January 3, 2022, was appointed a member of Comtech’s Board of Directors.”
Michael Porcelain was appointed as Chief Executive Officer at COMTECH TELECOMMUNICATIONS CORP /DE/.
“On December 31, 2021, Michael Porcelain was appointed Chief Executive Officer ("CEO") of Comtech”
Mark R. Quinlan was appointed as Director at COMTECH TELECOMMUNICATIONS CORP /DE/.
“Mark R. Quinlan has been appointed to Comtech’s Board of Directors, effective January 3, 2022.”
Fred Kornberg changed role as Chief Executive Officer at COMTECH TELECOMMUNICATIONS CORP /DE/.
“succeeds Fred Kornberg, who will serve as an advisor to the Company on technology matters and continue as a director and non-executive Chairman of the Board.”
Michael Porcelain was appointed as Director at COMTECH TELECOMMUNICATIONS CORP /DE/.
“a member of the Board of Directors, effective January 3, 2022.”
Michael Porcelain was appointed as Chief Executive Officer at COMTECH TELECOMMUNICATIONS CORP /DE/.
“Michael Porcelain has been appointed Chief Executive Officer, effective December 31, 2021”
Wendi B. Carpenter was appointed as Director at COMTECH TELECOMMUNICATIONS CORP /DE/.
“On December 16, 2021, the Company announced that Wendi B. Carpenter (Rear Admiral U.S. Navy, Retired) has been appointed to the Board, effective January 3, 2022.”
Fred Kornberg departed as Chief Executive Officer at COMTECH TELECOMMUNICATIONS CORP /DE/.
“On October 4, 2021, Comtech Telecommunications Corp. (the “Company”) announced that its President and Chief Operating Officer Michael Porcelain will become Chief Executive Officer, succeeding Fred Kornberg, by the end of calendar 2021.”
Michael Porcelain was appointed as Chief Executive Officer at COMTECH TELECOMMUNICATIONS CORP /DE/.
“On October 4, 2021, Comtech Telecommunications Corp. (the “Company”) announced that its President and Chief Operating Officer Michael Porcelain will become Chief Executive Officer, succeeding Fred Kornberg, by the end of calendar 2021.”
Lawrence Waldman changed role as Lead Independent Director at COMTECH TELECOMMUNICATIONS CORP /DE/.
“existing Board member and Chairman of the Audit Committee, Lawrence Waldman, will become Lead Independent Director”
Robert Paul departed as Director at COMTECH TELECOMMUNICATIONS CORP /DE/.
“retirements of directors Edwin Kantor, Ira Kaplan and Robert Paul from the Comtech Board following the Company’s fiscal 2021 annual meeting”
Ira Kaplan departed as Director at COMTECH TELECOMMUNICATIONS CORP /DE/.
“retirements of directors Edwin Kantor, Ira Kaplan and Robert Paul from the Comtech Board following the Company’s fiscal 2021 annual meeting”
Edwin Kantor departed as Director at COMTECH TELECOMMUNICATIONS CORP /DE/.
“retirements of directors Edwin Kantor, Ira Kaplan and Robert Paul from the Comtech Board following the Company’s fiscal 2021 annual meeting”
Judy Chambers was appointed as Director at COMTECH TELECOMMUNICATIONS CORP /DE/.
“Judy Chambers, Managing Principal of Meketa Investment Group, has been appointed to Comtech’s Board of Directors, effective at the start of Comtech’s fiscal year 2022 which begins August 1, 2021.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.