Comtech Telecom

Q3 FY2026 EarningsQ3 FY26 missed consensus on the top-line with revenue of $106.0M vs. $110.2M expected, while adjusted EPS of -$0.22 beat the consensus mean of -$0.27. Gross margin exceeded expectations at 34.0% vs. 33.5% predicted, driven by a strategic shift away from low-margin S&S contracts. Despite the revenue miss, the company reported its fifth consecutive quarter of positive operating cash flow and announced the $157.5M sale of most of its S&S business to Gilat, a major milestone in its strategic pivot toward public safety technology.