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Why Comtech Telecommunications Shares Are Falling On Wednesday? - Comtech Telecom (NASDAQ:CMTL)

Comtech Telecommunications Corp. (CMTL) is selling its Satellite and Space Communications segment to Gilat for $157.5 million, as it shifts focus to its public safety technology business. Stock price down in premarket, but earnings beat estimates.

Raccontata damorningstar.combenzinga.com

Confronto fonti

2 prospettive sulla stessa storia
AI · summaries
benzinga.comStai leggendo6 h fa

Why Comtech Telecommunications Shares Are Falling On Wednesday? - Comtech Telecom (NASDAQ:CMTL)

Comtech Telecommunications Corp. (CMTL) is selling its Satellite and Space Communications segment to Gilat for $157.5 million, as it shifts focus to its public safety technology business. Stock price down in premarket,…

originale
morningstar.com2 g fa

Comtech Announces Definitive Agreement to Sell Most of Its Satellite and Space Communications Business to…

Comtech sells Satellite division to Gilat for $157.5M, refocusing on public safety (Allerium). Market pivot: agencies demand AI-enhanced real-time data systems for emergency response, replacing voice-centric platforms with intelligent coordination and decision-support tools.

Timeline cronologica

  1. lunedì 15 giugno 2026·morningstar.com

    Comtech Announces Definitive Agreement to Sell Most of Its Satellite and Space Communications Business to Gilat

    Comtech Announces Definitive Agreement to Sell Most of Its Satellite and Space Communications Business to Gilat

  2. lunedì 15 giugno 2026·morningstar.com

    Comtech Announces Financial Results for Third Quarter of Fiscal 2026

    Comtech Announces Financial Results for Third Quarter of Fiscal 2026

Leggi questa versione →
originale
  • lunedì 15 giugno 2026·benzinga.com

    What's Going On With Comtech Stock Monday? - Comtech Telecom (NASDAQ:CMTL), Gilat Satellite Networks (NAS

    Comtech Telecommunications to sell its satellite & space unit to Gilat for $157.5M, shifting focus to public safety tech. CMTL up.

  • mercoledì 17 giugno 2026·benzinga.com

    Why Comtech Telecommunications Shares Are Falling On Wednesday? - Comtech Telecom (NASDAQ:CMTL)

    Comtech Telecommunications Corp. (CMTL) is selling its Satellite and Space Communications segment to Gilat for $157.5 million, as it shifts focus to its public safety technology…