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Comtech Telecommunications CMTL Convertible Preferred Stock, Fair Value Adjustment

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Other financials

Income statement

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Revenue$106.0M-16.4%
Gross profit$36.1M-7.4%
Operating income-$3.1M-104%
Net income-$3.5M-110%
EPS (diluted)-$0.47+4.1%

Balance sheet

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Cash & equivalents$28.5M+0.2%
Total debt$144.6M-22.3%
Total equity$52.5M-54.5%
Total assets$693.5M-7.7%

Cash flow

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Operating cash flow$6.1M
CapEx$5.4M+121%
Free cash flow$673.0K+521%

Valuation

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Market cap$62.92M-18.0%
Enterprise value$179.02M-23.8%
P/S0.1×0.0×

Profitability

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Gross margin33%+9.9pp
Operating margin-1.6%-0.8pp
Net margin-7.3%-3.4pp
FCF margin-8.1%-1.7pp

Returns & leverage

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Return on equity-39.3%-14.7pp
Debt / equity2.8×+1.1×
Current ratio1.6×+0.9×

Where this comes from

Reported directly by Comtech Telecommunications in its filing.

Tagged under the XBRL concept cmtl:ConvertiblePreferredStockFairValueAdjustment.

The official record: Comtech Telecommunications’s 10-Q, filed June 15, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Comtech Telecommunications's convertible preferred stock, fair value adjustment?
Comtech Telecommunications (CMTL) reported convertible preferred stock, fair value adjustment of $12.48M in Q1 2026.
How has Comtech Telecommunications's convertible preferred stock, fair value adjustment changed year-over-year?
Comtech Telecommunications's convertible preferred stock, fair value adjustment decreased by 74.8% year-over-year, from $49.54M to $12.48M.
What does convertible preferred stock, fair value adjustment mean?
Captures the periodic adjustments to the carrying value of convertible preferred stock required to reflect its current fair market value. These fluctuations are driven by changes in the underlying equity price or volatility and impact the net income available to common shareholders.