Comtech Announces Transformation Strategy and Capital Structure Update
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
Board of Directors Discloses Strategic Alternatives Process for Terrestrial & Wireless Networks Segment; Comtech to Become a Pure-Play Satellite and Space Communications CompanyCompany Amends Credit Facility and Enters into New Subordinated Unsecured Term Loan Facility CHANDLER, Ariz.--(BUSINESS WIRE)--Comtech (NASDAQ: CMTL) (the “Company”), a global technology leader, today announced that its Board of Directors and management team are executing a strategy to transform Comtech into a pure-play satellite and space communications company and provided a capital structure update.Ongoing and future actions supporting Comtech’s transformation strategy include:An exploration of strategic alternatives for the Company’s Terrestrial & Wireless Networks (“T&W”) segment, which is well underway;The pursuit of further portfolio-shaping opportunities to enhance profitability, efficiency and focus; andThe implementation of additional operational initiatives to align Comtech’s go-forward cost struc
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CMTL
Earnings
- 6/18/24 - Miss
CMTL
Sec Filings
- 12/20/24 - Form SCHEDULE
- 12/18/24 - Form DEFA14A
- 12/16/24 - Form NT
- CMTL's page on the SEC website