Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

COMTECH TELECOMMUNICATIONS CORP.

(CMTL)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector news

Outerbridge Capital Sends Letter to Comtech Telecommunications

10/25/2021 | 08:00am EST

On October 25, 2021, Outerbridge Capital Management, LLC sent a letter to Comtech Telecommunications Corp.?s Board of Directors regarding the Company?s announcement of a $100 million investment from White Hat Capital Partners LP and Magnetar Capital LLC. Further, Outerbridge Capital added that it believes grant of preferred convertible stock to White Hat and Magnetar severely dilutes shareholders and is a blatant and expensive ploy to buy votes ahead of proxy fight. Further, Outerbridge Capital added that in its view, refreshed board is desperately needed, and nominees Wendi Carpenter, Sidney Fuchs, and Jonathan Wackrow have the necessary experience, track records, and integrity to help company deliver value for shareholders.


ę S&P Capital IQ 2021
All news about COMTECH TELECOMMUNICATIONS CORP.
12/08Comtech Secures $2 Million Satellite Ground Station Equipment Order From Intellian
MT
12/08Comtech Telecommunications Corp. Awarded $2.0 Million Satellite Ground Station Equipmen..
BU
12/08The Law Offices of Frank R. Cruz Announces Investigation of Comtech Telecommunications ..
BU
12/07Comtech Telecommunications Comments on Institutional Shareholder Services Report
CI
12/07Comtech Comments on ISS Report
BU
12/06Institutional Shareholder Services Supports Outerbridge Capital
CI
12/06Comtech Corrects the Record About Outerbridge's Latest False Information
BU
12/06Comtech Telecommunications Issues Presentation to Shareholders
CI
12/03Comtech Telecommunications Corp. to Report First Quarteráof Fiscal 2022 Results on Dece..
BU
12/03Comtech Welcomes Jennie Reilly as Vice President of Human Resources
BU
More news
Analyst Recommendations on COMTECH TELECOMMUNICATIONS CORP.
More recommendations
Financials (USD)
Sales 2022 584 M - -
Net income 2022 17,7 M - -
Net Debt 2022 - - -
P/E ratio 2022 38,5x
Yield 2022 1,58%
Capitalization 666 M 666 M -
Capi. / Sales 2022 1,14x
Capi. / Sales 2023 1,07x
Nbr of Employees 2 038
Free-Float 61,8%
Chart COMTECH TELECOMMUNICATIONS CORP.
Duration : Period :
Comtech Telecommunications Corp. Technical Analysis Chart | CMTL | US2058262096 | MarketScreener
Technical analysis trends COMTECH TELECOMMUNICATIONS CORP.
Short TermMid-TermLong Term
TrendsBullishBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 4
Last Close Price 25,26 $
Average target price 30,00 $
Spread / Average Target 18,8%
EPS Revisions
Managers and Directors
Fred Kornberg Chairman & Chief Executive Officer
Michael D. Porcelain President & Chief Operating Officer
Michael A. Bondi Chief Financial Officer
Marcus Alston Chief Trade Compliance Officer
Lawrence J. Waldman Lead Independent Director
Sector and Competitors
1st jan.Capi. (M$)
COMTECH TELECOMMUNICATIONS CORP.22.09%666
CISCO SYSTEMS, INC.27.42%240 488
MOTOROLA SOLUTIONS, INC.49.18%42 848
ARISTA NETWORKS, INC.72.74%38 558
FOXCONN INDUSTRIAL INTERNET CO., LTD.-15.56%36 200
ERICSSON-4.16%34 463