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Comtech Telecommunications (CMTL)
NASDAQ:CMTL
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Earnings Data
Report Date
Mar 06, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
―Last Year’s EPS
―Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Dec 05, 2024
|% Change Since: 3.65%
|Next Earnings Date:Mar 06, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mixed outlook with a strong backlog and clear strategic direction, but current financial performance and operational challenges weigh heavily on the company. Delays in contracts and the need for bridge financing further complicate the financial landscape.Company Guidance
During Comtech's Fiscal Year Q4 2024 earnings call, CEO John Ratigan provided guidance indicating that the company's financial performance fell below expectations, largely due to several margin pressures. Despite a record funded backlog of nearly $800 million, factors such as balance sheet-related headwinds, cost growth on nonrecurring engineering programs, and a delay in a significant troposcatter-related order negatively impacted margins. Ratigan emphasized the strategic transformation underway, focusing on transitioning Comtech into a pure-play satellite and space communications company. The company is actively reviewing strategic alternatives for its terrestrial and wireless networks business to simplify its capital structure and enhance shareholder value. Looking forward, revenue for Q1 2025 is expected to remain stable, with an improvement in EBITDA anticipated.Record Funded Backlog
Comtech reported a record funded backlog of almost $800 million, indicating strong demand for its technologies and solutions.
Focus on Transformation Strategy
The company is progressing with a transformation strategy to become a pure-play satellite and space communications company, which is expected to position them well in growing markets.
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CMTL Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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CMTL Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Dec 05, 2024 | $3.56 | $3.46 | -2.81% |
| Oct 31, 2024 | $3.72 | $2.91 | -21.77% |
| Jun 18, 2024 | $2.17 | $4.07 | +87.56% |
| Mar 18, 2024 | $4.60 | $3.43 | -25.43% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Comtech Telecommunications (CMTL) report earnings?
Comtech Telecommunications (CMTL) is schdueled to report earning on Mar 06, 2025, TBA Not Confirmed.
What is Comtech Telecommunications (CMTL) earnings time?
Comtech Telecommunications (CMTL) earnings time is at Mar 06, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is CMTL EPS forecast?
Currently, no data Available
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