Comtech Telecommunications Corp. Provides Business Update on Impact of Coronavirus and Status of Gilat Acquisition
Comtech Telecommunications Corp. (CMTL)
Last comtech telecommunications corp. earnings: 3/4 04:02 pm
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US:NASDAQ Investor Relations:
comtechtel.com/ir.cfm
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Source: Business Wire
MELVILLE, N.Y.--(BUSINESS WIRE)--March 31, 2020 -- Comtech Telecommunications Corp. (NASDAQ: CMTL) today provided a business update on the impact of the coronavirus, including the withdrawal of its business outlook for its fiscal year ending July 31, 2020, and a status update on the Gilat Satellite Networks Ltd. (“Gilat”) acquisition.Coronavirus Update and Withdrawal of Business Outlook for Fiscal 2020Although deemed an essential business by the U.S. government, Comtech has modified its business practices (including prohibiting most employee travel, implementing work-from-home policies and requiring social distancing) with a view to the safety of its employees, customers, partners and suppliers.To date, the primary impacts of the coronavirus pandemic on Comtech have been significant order delays and the inability of Comtech’s sales and marketing personnel to travel and/or meet with customers.Due to travel bans and/or forced shutdowns at customer locations, Comtech has encountered
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Earnings
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Sec Filings
- 12/20/24 - Form SCHEDULE
- 12/18/24 - Form DEFA14A
- 12/16/24 - Form NT
- CMTL's page on the SEC website