<span item_type="fundamental" item_id="3c59579a4533cb71626d69d199a7ad99" counter_id="ST/US/CMTL" env="prod"></span><span item_type="announcement" item_id="592583028098729217" env="prod"></span><p>Revenue: As of FY2026 Q1, the actual value is USD 111.03 M, beating the estimate of USD 110.36 M.</p><p>EPS: As of FY2026 Q1, the actual value is USD -0.67, beating the estimate of USD -0.71.</p><p>EBIT: As of FY2026 Q1, the actual value is USD 8.573 M.</p><p></p><h3>Satellite and Space Communications Segment</h3><h4>Revenue</h4><ul><li>Net sales: $55.1 million for the three months ended October 31, 2025, compared to $58.9 million for the three months ended October 31, 2024, a decrease of $3.8 million or 6.5%.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/23197/000002319725000100/cmtl-20251031.htm"></span></li></ul><h4>Operational Metrics</h4><ul><li>Gross profit: Increased significantly in comparison to the three months ended October 31, 2024, reflecting changes in product and service mix and improved operational performance.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/23197/000002319725000100/cmtl-20251031.htm"></span></li><li>Operating income: $3.2 million for the three months ended October 31, 2025, compared to an operating loss of $118.8 million for the three months ended October 31, 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/23197/000002319725000100/cmtl-20251031.htm"></span></li><li>Gross margin: Improved sequentially throughout fiscal 2025 and in the first quarter of fiscal 2026.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/23197/000002319725000100/cmtl-20251031.htm"></span></li></ul><h4>Unique Metrics</h4><ul><li>Book-to-bill ratio: 0.77x for the three months ended October 31, 2025, compared to 0.99x for the three months ended October 31, 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/23197/000002319725000100/cmtl-20251031.htm"></span></li></ul><h4>Future Outlook and Strategy</h4><ul><li>Focus on capitalizing on differentiated capabilities, evaluating the product portfolio, and implementing initiatives to improve margins and cash flow generation.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/23197/000002319725000100/cmtl-20251031.htm"></span></li><li>Migration of certain production capabilities to Chandler, Arizona, expected to be completed in fiscal 2026, resulting in increased manufacturing efficiencies and annualized cost savings of approximately $3.0 million.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/23197/000002319725000100/cmtl-20251031.htm"></span></li></ul><h3>Allerium Segment</h3><h4>Revenue</h4><ul><li>Net sales: $55.9 million for the three months ended October 31, 2025, compared to $56.9 million for the three months ended October 31, 2024, a decrease of $1.0 million or 1.8%.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/23197/000002319725000100/cmtl-20251031.htm"></span></li></ul><h4>Operational Metrics</h4><ul><li>Gross profit: Increased in comparison to the three months ended October 31, 2024, reflecting changes in product and service mix and the continued adoption of solutions by new customers.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/23197/000002319725000100/cmtl-20251031.htm"></span></li><li>Operating income: $5.4 million for the three months ended October 31, 2025, compared to $5.3 million for the three months ended October 31, 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/23197/000002319725000100/cmtl-20251031.htm"></span></li><li>Gross margin: Reflects the migration of more PSAPs onto NG-911 core services and platforms.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/23197/000002319725000100/cmtl-20251031.htm"></span></li></ul><h4>Unique Metrics</h4><ul><li>Book-to-bill ratio: 1.06x for the three months ended October 31, 2025, compared to 1.22x for the three months ended October 31, 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/23197/000002319725000100/cmtl-20251031.htm"></span></li></ul><h4>Future Outlook and Strategy</h4><ul><li>Strategic wins in the U.S., Canada, and Australia position the segment well for delivering sophisticated solutions for various types of emergencies.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/23197/000002319725000100/cmtl-20251031.htm"></span></li><li>Awarded approximately $27.0 million of initial funding toward a multi-year contract extension valued in excess of $130.0 million.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/23197/000002319725000100/cmtl-20251031.htm"></span></li></ul><h3>Unallocated</h3><h4>Operational Metrics</h4><ul><li>Unallocated expenses: $10.6 million for the three months ended October 31, 2025, compared to $13.5 million for the three months ended October 31, 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/23197/000002319725000100/cmtl-20251031.htm"></span></li><li>CEO transition costs: $0.8 million for the three months ended October 31, 2025, compared to $0.6 million for the three months ended October 31, 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/23197/000002319725000100/cmtl-20251031.htm"></span></li><li>Proxy solicitation costs: None in the three months ended October 31, 2025, compared to $1.6 million in the three months ended October 31, 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/23197/000002319725000100/cmtl-20251031.htm"></span></li></ul><h4>Future Outlook and Strategy</h4><ul><li>Ongoing board refreshment initiatives, including the appointment of Mary Jane Raymond as an independent director.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/23197/000002319725000100/cmtl-20251031.htm"></span></li></ul><h3>Consolidated Metrics</h3><h4>Revenue</h4><ul><li>Consolidated net sales: $111.0 million for the three months ended October 31, 2025, compared to $115.8 million for the three months ended October 31, 2024, a decrease of $4.8 million or 4.1%.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/23197/000002319725000100/cmtl-20251031.htm"></span></li></ul><h4>Operational Metrics</h4><ul><li>Gross profit: $36.8 million for the three months ended October 31, 2025, compared to $14.5 million for the three months ended October 31, 2024, an increase of $22.3 million or 153.3%.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/23197/000002319725000100/cmtl-20251031.htm"></span></li><li>Operating loss: $2.8 million for the three months ended October 31, 2025, compared to an operating loss of $129.2 million for the three months ended October 31, 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/23197/000002319725000100/cmtl-20251031.htm"></span></li><li>Net loss attributable to common stockholders: $19.8 million for the three months ended October 31, 2025, compared to $155.9 million for the three months ended October 31, 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/23197/000002319725000100/cmtl-20251031.htm"></span></li><li>Adjusted EBITDA: $9.6 million for the three months ended October 31, 2025, compared to negative $30.8 million for the three months ended October 31, 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/23197/000002319725000100/cmtl-20251031.htm"></span></li></ul><h4>Cash Flow</h4><ul><li>Net cash provided by operating activities: $8.1 million for the three months ended October 31, 2025, compared to net cash used in operating activities of $21.8 million for the three months ended October 31, 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/23197/000002319725000100/cmtl-20251031.htm"></span></li><li>Net cash used in investing activities: $3.3 million for the three months ended October 31, 2025, compared to $2.4 million for the three months ended October 31, 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/23197/000002319725000100/cmtl-20251031.htm"></span></li><li>Net cash used in financing activities: $1.2 million for the three months ended October 31, 2025, compared to net cash provided by financing activities of $21.4 million for the three months ended October 31, 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/23197/000002319725000100/cmtl-20251031.htm"></span></li></ul><h4>Unique Metrics</h4><ul><li>Backlog: $663.0 million as of October 31, 2025, compared to $672.1 million as of July 31, 2025, and $811.0 million as of October 31, 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/23197/000002319725000100/cmtl-20251031.htm"></span></li><li>Revenue visibility: Approximately $1.1 billion as of October 31, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/23197/000002319725000100/cmtl-20251031.htm"></span></li></ul><h4>Future Outlook and Strategy</h4><ul><li>Focus on executing operational strategy, generating positive cash inflows, and maximizing the remaining available portion of the Revolver Loan under the Credit Facility.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/23197/000002319725000100/cmtl-20251031.htm"></span></li><li>Potential for increased material cash requirements due to various factors, including changes in customer or government spending priorities, larger than usual customer orders, and actions related to the transformation plan.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/23197/000002319725000100/cmtl-20251031.htm"></span></li></ul>

Comtech Telecom | 10-Q: FY2026 Q1 Revenue Beats Estimate at USD 111.03 M