Comtech Telecommunications Share Price Today

B. Riley maintains Buy on Comtech Telecom, cuts price target to $4.75

B. Riley Securities maintains a Buy rating on Comtech Telecommunications. Price target lowered from $6 to $4.75 by analyst Mike Crawford. The reduction represents a $1.25 decrease in the projected share value.

Comtech Q4FY26 Results: Sales miss estimates by 41% at $66.2 million

Q4FY26 net sales fell 12.1% to $66.2 million, missing consensus estimates by 40.68%. Adjusted EBITDA rose 22.7% to $9.2 million as gross margins expanded 590 bps to 40.6%. Strategic sale of Satellite and Space segment to Gilat expected to close in calendar 2026. Leadership changes announced with Rich Nyren named CFO and Amy Rothstein Hovey as CLO. Funded backlog increased to $520.4 million with revenue visibility of approximately $862 million.

Allerium President Jeff Robertson joins FirstNet Authority Board

Jeff Robertson, President of Allerium, was appointed to the FirstNet Authority Board by U.S. Secretary of Commerce Howard Lutnick. Robertson will continue leading Allerium's emergency communications business while supporting FirstNet's mission.

Comtech launches Allerium Mira for NG9-1-1 modernization

Comtech Telecommunications Corp. has launched Allerium Mira, a cloud-native call handling platform built for Next Generation 9-1-1 (NG9-1-1) modernization. The platform features a microservices-based architecture for flexible deployment across various environments and integrates with existing NGCS and ESInet systems. Early agency evaluations are underway to validate workflows and interoperability as public safety organizations transition to multi-channel response networks.

Comtech sells satellite unit to Gilat for $157.5 million

Comtech Telecommunications Corp. has agreed to sell its Satellite & Space Communications segment to Gilat Satellite Networks Ltd. for $157.5 million in cash, a move expected to close in Q4 2026. The transaction will provide Comtech with net proceeds of $143 million to $145 million, which will be used to reduce debt, and allows the company to focus on its Allerium public safety business. Despite beating earnings estimates with an adjusted loss of 22 cents per share, Comtech shares fell 11.04% to $2.66 on Wednesday, with the next earnings report scheduled for November 9, 2026.

Comtech sells S&S unit for $157.5M to focus on Allerium

Comtech Telecommunications Corp. reported Q3 FY26 net sales of $106.0 million, missing estimates, while adjusted EPS of $(0.22) beat expectations. The company announced the sale of most of its Satellite and Space Communications (S&S) business to an affiliate of Gilat Satellite Networks Ltd. for $157.5 million to focus on its Allerium segment. Net proceeds of $143.0 million to $145.0 million will be used to reduce debt, and credit facility covenants were suspended until July 31, 2027.