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Stock Market & Financial Investment News

News Breaks
August 25, 2014
15:45 EDTCMTLComtech volatility spikes, said to explore potential sale
Comtech September call option implied volatility is at 40, October is at 36, January is at 39; compared to its 26-week average of 27 according to Track Data, suggesting large price movement on company said to explore potential sale, Reuters says.
News For CMTL From The Last 14 Days
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October 21, 2014
13:00 EDTCMTLComtech awarded $2.3M advanced VSAT and Premium Services Order in Asia
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October 9, 2014
16:15 EDTCMTLComtech sees FY15 EPS $1.70-$1.86, consensus $1.79
Sees FY15 revenue $355M-$370M, consensus $361.67M. Sees FY15 adjusted EBITDA $63M-$67M.
16:14 EDTCMTLComtech reports Q4 EPS 48c, consensus 36c
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15:24 EDTCMTLNotable companies reporting after market close
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October 8, 2014
10:00 EDTCMTLComtech signs $6M purchase agreement for high-power amplifiers
Comtech Telecommunications announced that its New York-based subsidiary, Comtech PST Corp., signed a Purchase Agreement valued at $6M and received multiple orders pursuant to the Agreement totaling approximately $3.7M from a major domestic OEM to supply solid-state high-power amplifiers. The balance of orders under the agreement are expected to be received over the next fifteen months. These amplifiers are key components in a complex Identification Friend or Foe system used to interrogate aircraft to determine their friend or foe status. This order supplements an installed base of Comtech IFF solid-state high-power amplifiers previously delivered to this customer.

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