CHANDLER, Ariz. – June 18, 2024 — Comtech (NASDAQ: CMTL) (“the Company”) today announced its third quarter fiscal 2024 financial results in a letter to shareholders which is now posted to the Investor Relations section of Comtech’s website. Investors are invited to access the third quarter fiscal 2024 shareholder letter at comtech.com/investors/. A copy of the letter will also be filed with the Securities and Exchange Commission in a Form 8-K.
Comtech also announced that on June 17, 2024, the Company entered into a $222.0 million credit facility with a new syndicate of lenders which is expected to be funded on or around June 18, 2024. The New Credit Facility matures on July 31, 2028, consists of a committed $162.0 million term loan facility and $60.0 million revolver loan facility and is expected to have outstanding borrowings at close of approximately $187.0 million, reflecting $25.0 million drawn on the revolver. A copy of the credit agreement will be filed with the Securities and Exchange Commission in a Form 8-K.
Comtech also intends to host an earnings conference call at 8:30AM ET today, Tuesday, June 18, 2024. Individuals can access the conference call by dialing (800) 267-6316 (domestic) or (203) 518-9783 (international) and using the conference I.D. of “Comtech.” A replay of the conference call will be available for two weeks by dialing (888) 566-0152 or (402) 220-9186. A live webcast of the call is also available at comtech.com/investors/.
关于康泰克
Comtech电信公司是一家全球领先的技术公司，为世界各地的商业和政府客户提供地面和无线网络解决方案、下一代9-1-1紧急服务、卫星和空间通信技术以及云计算能力。我们独特的创新文化和员工授权释放出对客户成功的不懈热情。康泰科在美国和世界各地的技术走廊拥有多个设施，利用我们的全球影响力、技术领导力和几十年的经验，创造世界上最创新的通信解决方案。 更多信息，请访问www.comtech.com。
前瞻性声明
本新闻稿中的某些信息包含具有前瞻性的陈述，涉及某些重大风险和不确定性。实际结果可能与这些前瞻性信息有重大差异。公司提交的证券交易委员会文件指出了许多此类风险和不确定因素。本新闻稿中的任何前瞻性信息都受到该证券交易委员会文件中描述的风险和不确定性的限制。
PCMTL
View source version on businesswire.com: https://www.businesswire.com/news/home/20240617172671/en/
Investor Relations
Maria Ceriello
631-962-7102
