Comtech Telecommunications Corp. CMTL not too long ago introduced that its subsidiary Comtech Programs Inc., a part of its Authorities Options phase, has procured orders totaling $1.7 million from an unnamed non-U.S. NATO navy buyer. Per the deal obtained throughout fourth-quarter fiscal 2021, the corporate will present COMET (Compact Over-the-horizon Cellular Expeditionary Terminal) for mission vital operations.
This over-the-horizon microwave troposcatter terminal offers excessive capability and low-latency information hyperlinks for dependable communications. It’s ideally suited to excessive bandwidth backhaul communications and extends vital providers into areas that lack communications infrastructure services. COMET operates within the 4.4-5 GHz band and consumes much less energy with negligible tools footprint with intricate design options to help tactical communications infrastructure inside a medium vary of 60 km. It helps catastrophe restoration and emergency restoral communications wherever on this planet.
With a historical past of offering superior communications for greater than 50 years, Comtech Programs is taken into account the worldwide chief in fashionable troposcatter expertise. Outfitted with a confirmed experience in testing of varied satellite tv for pc communications antennas and fiber optics, the phase designs and deploys personalized multi-technology options for advanced networks. Generally known as a number one supplier of turnkey programs for civil infrastructure functions, Comtech Programs’ troposcatter merchandise are more and more turning into standard among the many U.S. and overseas navy forces owing to excessive information fee transmission and decreased working expenditure.
Comtech has created a distinct segment marketplace for extremely safe wi-fi options to defend world safety and enhance public security. The corporate continues to offer market-leading merchandise for messaging, location and deployable wi-fi communications. It presents providers to combine networks, servers, gateways and clever peripherals, and offers transmission responses to customers.
Prospects depend upon Comtech’s industrial wi-fi functions, that are based mostly on modern cellular cloud-computing providers like textual content messaging, public security options, hyper-local search, workforce monitoring, social functions, and telematics and navigation. Federal authorities companies additionally depend upon its cybersecurity experience, skilled consulting providers and extremely safe deployable satellite tv for pc options for mission-critical communications.
Earnings estimates of the corporate for the present fiscal have been revised down by 376% over the previous yr to a lack of $2.76 per share, representing bearish investor sentiments concerning the inventory because the coronavirus pandemic continues to wreak worldwide mayhem. It stays to be seen if such a gradual contract circulation can assist the corporate flip the tables within the close to future.
Shares of this Zacks Rank #3 (Maintain) firm have gained 46.7% over the previous yr in contrast with an increase of 29% for the business.
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Some better-ranked shares within the business are Clearfield, Inc. CLFD, sporting a Zacks Rank #1 (Robust Purchase), and Juniper Networks, Inc. JNPR and Qualcomm Integrated QCOM, carrying a Zacks Rank #2 (Purchase). You possibly can see the entire listing of at present’s Zacks #1 Rank shares right here.
Clearfield delivered a trailing four-quarter earnings shock of 49%, on common.
Juniper has a long-term earnings progress expectation of 11.8%. It delivered an earnings shock of seven.5%, on common, within the trailing 4 quarters.
Qualcomm has a long-term earnings progress expectation of 21%. It delivered an earnings shock of 13.5%, on common, within the trailing 4 quarters.
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