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Comtech Telecommunications CMTL Gain on extinguishment of convertible preferred stock

Gain on extinguishment of convertible preferred stock at other companies

Prospect Capital logo
Prospect CapitalPSEC
-$1.62M-2.0%
IBEX Limited logo
IBEX LimitedIBEX
$0-100%
Prospect Capital logo
Prospect CapitalPSEC
-$1.75M+44.1%
Wrap Technologies logo
Wrap TechnologiesWRAP
-$249K-51.8%
Invesco Mortgage Capital logo
Invesco Mortgage CapitalIVR
$3.5K-96.7%
Hooker Furnishings Corporation logo
Hooker Furnishings CorporationHOFT
$15K-54.5%

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:TemporaryEquityAllocationOfPreferredStockLoss.

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 gain on extinguishment of convertible preferred stock?
Comtech Telecommunications (CMTL) reported gain on extinguishment of convertible preferred stock of $0 in Q1 2026.
What does gain on extinguishment of convertible preferred stock mean?
Represents the portion of losses or adjustments allocated to preferred shareholders that impacts the net income attributable to common equity holders. This metric is essential for understanding the dilution and earnings distribution dynamics between different classes of capital providers.