Comtech Posts 49-Cent Q4 Loss Per Share
CMTL is trading near its 52-week low of $1.15 (13% above the low) on elevated volume (2.5× avg).
Summary
Comtech reported a fourth-quarter loss of 49 cents per share. The company has been divesting its Satellite and Space Communications business for $157.5 million to reduce debt and gain covenant relief, and this loss adds to the financial strain. The result is a fresh negative data point for a company with a market cap around $38 million and a stock price near $1.30. Fourth-quarter sales were $66.2 million, lower than expected. Adjusted EBITDA for fiscal year 2026 was $20.6 million.
Updates
· SEC 8-K — Comtech's 8-K attaches the earnings press release with full financial details.
At the time of this announcement, CMTL was trading at $1.30 on NASDAQ in the Technology sector, with a market capitalization of approximately $38.4M. The 52-week trading range was $1.15 to $6.21. This news item was assessed with negative market sentiment and an importance score of 7 out of 10. Source: Dow Jones Newswires.