Comtech Telecommunications ( (CMTL) ) has released a notification of late filing.
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Comtech Telecommunications Corp. has announced a delay in filing its Form 10-K (Yearly Report) for the financial period ending July 31, 2025. The delay is primarily due to the need for adjustments following post-closing reviews of financial statements, specifically concerning revised engineering estimates related to a development project in the Satellite and Space Communications segment. The company anticipates filing the report within the 15-day extension period allowed under Rule 12b-25. Financially, Comtech expects a significant reduction in net sales and gross profit by approximately $2.5 million, with results for fiscal 2025 anticipated to be lower than fiscal 2024. However, improved performance is expected in the fourth quarter of fiscal 2025. The notification was signed by Michael A. Bondi, Chief Financial Officer, as part of the company’s ongoing compliance efforts.
The most recent analyst rating on (CMTL) stock is a Hold with a $2.00 price target. To see the full list of analyst forecasts on Comtech Telecommunications stock, see the CMTL Stock Forecast page.
Spark’s Take on CMTL Stock
According to Spark, TipRanks’ AI Analyst, CMTL is a Neutral.
Comtech Telecommunications’ overall stock score is primarily impacted by its weak financial performance, with ongoing losses and cash flow challenges. While recent corporate events and earnings call improvements provide some positive momentum, the stock remains risky due to its valuation and technical indicators.
To see Spark’s full report on CMTL stock, click here.
More about Comtech Telecommunications
Average Trading Volume: 173,297
Technical Sentiment Signal: Hold
Current Market Cap: $86.13M
For an in-depth examination of CMTL stock, go to TipRanks’ Overview page.