The latest announcement is out from Comtech Telecommunications ( (CMTL) ).
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Comtech Telecommunications Corp. received a notification from Nasdaq indicating non-compliance with periodic filing requirements due to the delayed submission of its Quarterly Report for the period ended October 31, 2024. Although this does not immediately affect the company’s listing or trading status, Comtech has until February 17, 2025, to submit a corrective plan to Nasdaq. If accepted, an extension until June 16, 2025, may be granted. The company is actively working to complete the report and expects to regain compliance within the stipulated timeframe.
More about Comtech Telecommunications
Comtech Telecommunications Corp. is a global technology leader in satellite and space communications technologies, terrestrial and wireless network solutions, NG911 emergency services, and cloud native capabilities, serving both commercial and government customers worldwide. The company leverages its global presence and decades of experience to deliver innovative communications solutions.
YTD Price Performance: -56.23%
Average Trading Volume: 475,355
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $107.5M
For an in-depth examination of CMTL stock, go to TipRanks’ Stock Analysis page.
