Every material Form 8-K COMTECH TELECOMMUNICATIONS CORP /DE/ has filed with the SEC since October 05, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Comtech said CFO Michael Bondi will leave after he files the first-quarter fiscal 2027 Form 10-Q, and Richard Nyren, now Executive Vice President, Finance, will become CFO at that point. The company tied the changes to the anticipated closing of the sale of most of its Satellite and Space Communications business to an affiliate of Gilat Satellite Networks, and it also named Amy Rothstein-Hovey as General Counsel. The filing says Bondi's departure is amicable and not the result of any disagreement on accounting, financial reporting or controls.
Bondi remains CFO through the filing of the first-quarter fiscal 2027 Form 10-Q, currently anticipated by December 10, 2026
Nyren, age 56, has an annualized base salary of $425,000, a 75% target bonus and a $100,000 sign-on bonus
Bondi receives a lump sum severance of 2.0 times his base salary plus target bonus, plus $500,000 and $300,000 cash payments in place of certain equity awards
Rothstein-Hovey joined as General Counsel on October 1, 2026, succeeding Don Walther, who remains through the S&S closing
Comtech reported results for fiscal 2026, ended July 31, 2026, with net sales down 17.0% to $249.6 million as legacy U.S. Army contracts wound down. The net loss from continuing operations attributable to common stockholders narrowed to $51.0 million from $67.9 million, and adjusted EBITDA rose 26% to $20.6 million, while the fourth-quarter net loss widened slightly to $9.4 million. The results cover continuing operations only, excluding the S&S business that Comtech agreed to sell to a Gilat affiliate for $157.5 million, a deal expected to close in calendar 2026.
Fiscal 2026 net sales were $249.6 million, down 17.0% from $300.9 million in fiscal 2025.
Fiscal 2026 net loss from continuing operations attributable to common stockholders was $51.0 million, compared with $67.9 million a year earlier.
Adjusted EBITDA rose 26% to $20.6 million, and operating cash flow was $25.0 million versus cash used of $29.2 million in fiscal 2025.
Fourth-quarter net sales were $66.2 million, down 12.1%, and the fourth-quarter net loss was $9.4 million versus $9.1 million a year earlier.
Comtech Telecommunications appointed Christopher D. Maloney as an independent director effective October 1, 2026, bringing the Board to seven directors. The appointment satisfies an obligation under a June 14, 2026 director agreement with Magnetar Financial LLC, representing the Investors, and the company says it supports its focus on public safety ahead of the anticipated sale of most of its Satellite & Space Communications segment.
Christopher D. Maloney appointed independent director, effective October 1, 2026; Board to have seven directors
Appointment satisfies obligation under director agreement dated June 14, 2026 with Magnetar Financial LLC, as representative of the Investors
Maloney will serve on the Nominating and Governance Committee and the Strategic Review Committee
Maloney founded TriTech Software Systems in 1993 and led its sale to Bain Capital in 2018
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every COMTECH TELECOMMUNICATIONS CORP /DE/ filing is on SEC EDGAR ↗. 8-K briefs of other companies →