BRIEF-Comtech Announces Transformation Strategy And Capital Structure Update

Reuters

Oct 18, 2024

Oct 17 (Reuters) - Comtech Telecommunications Corp

* COMTECH ANNOUNCES TRANSFORMATION STRATEGY AND CAPITAL STRUCTURE UPDATE

* COMTECH TELECOMMUNICATIONS CORP - TO TRANSFORM INTO PURE-PLAY SATELLITE AND SPACE COMMUNICATIONS COMPANY

* COMTECH TELECOMMUNICATIONS CORP - EXPLORING STRATEGIC ALTERNATIVES FOR TERRESTRIAL & WIRELESS NETWORKS SEGMENT

* COMTECH TELECOMMUNICATIONS CORP - SECURES MULTIPLE NG911 CONTRACTS ACROSS NORTH AMERICA

* COMTECH TELECOMMUNICATIONS CORP - TO EXIT BASINGSTOKE, UK OPERATIONS

* COMTECH TELECOMMUNICATIONS CORP - EXPECTS $10 MILLION ANNUAL CASH SAVINGS FROM BASINGSTOKE EXIT

* COMTECH TELECOMMUNICATIONS CORP - ENTERS INTO NEW $25 MILLION SUBORDINATED UNSECURED TERM LOAN FACILITY

* COMTECH TELECOMMUNICATIONS- ANTICIPATES SIGNIFICANTLY LOWER-THAN-EXPECTED PERFORMANCE, PRIMARILY IN S&S SEGMENT, IN Q4

Source text for Eikon: Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

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WIRELESS NETWORKS SEGMENT</p><p>   * COMTECH TELECOMMUNICATIONS CORP - SECURES MULTIPLE NG911 CONTRACTS ACROSS NORTH AMERICA</p><p>   * COMTECH TELECOMMUNICATIONS CORP - TO EXIT BASINGSTOKE, UK OPERATIONS</p><p>   * COMTECH TELECOMMUNICATIONS CORP - EXPECTS $10 MILLION ANNUAL CASH SAVINGS FROM BASINGSTOKE EXIT</p><p>   * COMTECH TELECOMMUNICATIONS CORP - ENTERS INTO NEW $25 MILLION SUBORDINATED UNSECURED TERM LOAN FACILITY</p><p>   * COMTECH TELECOMMUNICATIONS-  ANTICIPATES SIGNIFICANTLY LOWER-THAN-EXPECTED PERFORMANCE, PRIMARILY IN S&amp;S SEGMENT, IN Q4</p><p>Source text for Eikon:    Further company coverage:   </p><p> ((Reuters.Briefs@thomsonreuters.com;))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4020","symbol_name":"通信设备","start_time":0,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","article_id":"2476456219","we_media_id":"1036604489","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2476456219","pubTimestamp":1729200842,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"summary":"Oct 17  - Comtech Telecommunications Corp :   * COMTECH ANNOUNCES TRANSFORMATION STRATEGY AND CAPITAL STRUCTURE UPDATE   * COMTECH TELECOMMUNICATIONS CORP - TO TRANSFORM INTO PURE-PLAY SATELLITE AND SPACE COMMUNICATIONS COMPANY   * COMTECH TELECOMMUNICATIONS CORP - EXPLORING STRATEGIC ALTERNATIVES FOR TERRESTRIAL & WIRELESS NETWORKS SEGMENT   * COMTECH TELECOMMUNICATIONS CORP - SECURES MULTIPLE NG911 CONTRACTS ACROSS NORTH AMERICA   * COMTECH TELECOMMUNICATIONS CORP - TO EXIT BASINGSTOKE, UK OPERATIONS   * COMTECH TELECOMMUNICATIONS CORP - EXPECTS $10 MILLION ANNUAL CASH SAVINGS FROM BASINGSTOKE EXIT   * COMTECH TELECOMMUNICATIONS CORP - ENTERS INTO NEW $25 MILLION SUBORDINATED UNSECURED TERM LOAN FACILITY   * COMTECH TELECOMMUNICATIONS-  ANTICIPATES SIGNIFICANTLY LOWER-THAN-EXPECTED PERFORMANCE, PRIMARILY IN S&S SEGMENT, IN Q4Source text for Eikon:    Further company coverage:    ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4020":"通信设备","CMTL":"康姆泰克通讯"},"translate_title":"简报-Comtech宣布转型战略和资本结构更新","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CMTL":0.9},"content_text":"Oct 17 (Reuters) - Comtech Telecommunications Corp :   * COMTECH ANNOUNCES TRANSFORMATION STRATEGY AND CAPITAL STRUCTURE UPDATE   * COMTECH TELECOMMUNICATIONS CORP - TO TRANSFORM INTO PURE-PLAY SATELLITE AND SPACE COMMUNICATIONS COMPANY   * COMTECH TELECOMMUNICATIONS CORP - EXPLORING STRATEGIC ALTERNATIVES FOR TERRESTRIAL & WIRELESS NETWORKS SEGMENT   * COMTECH TELECOMMUNICATIONS CORP - SECURES MULTIPLE NG911 CONTRACTS ACROSS NORTH AMERICA   * COMTECH TELECOMMUNICATIONS CORP - TO EXIT BASINGSTOKE, UK OPERATIONS   * COMTECH TELECOMMUNICATIONS CORP - EXPECTS $10 MILLION ANNUAL CASH SAVINGS FROM BASINGSTOKE EXIT   * COMTECH TELECOMMUNICATIONS CORP - ENTERS INTO NEW $25 MILLION SUBORDINATED UNSECURED TERM LOAN FACILITY   * COMTECH TELECOMMUNICATIONS-  ANTICIPATES SIGNIFICANTLY LOWER-THAN-EXPECTED PERFORMANCE, PRIMARILY IN S&S SEGMENT, IN Q4Source text for Eikon:    Further company coverage:    ((Reuters.Briefs@thomsonreuters.com;))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}