Comtech Telecommunications Corp.

Mixed bags in latest Lakeland, Misonix quarterlies

  LAKELAND INDUSTRIES Headquarters: Ronkonkoma Industry: Healthcare Nasdaq: LAKE Reporting Date: Sept. 10, 2018 Reporting Quarter: 2Q FY2019 Quarter Ended: July 31, 2018 Numbers: Net sales for the second quarter were reported as $25.6 million, a 7.1 percent increase from the $23.9 million reported for the same quarter last fiscal year. Quarterly net income dropped year-over-year – from $1.8 million in 2Q FY2018 to $1 million this year – but since the beginning of FY2019,…


No. 261: Diamonds, Riptides, origami skeletons and Comtech, in an emergency

And you were there: Congratulations, dear readers (including new subscribers Sue, Rod, Jessie and Sergio), on surviving Thanksgiving with the family, Black Friday at the mall and Cyber Monday on the ’net – the largest online-shopping day in U.S. history, it turns out, with some $6.59 billion in digital transactions counted by our friends at Adobe. Tell us all about your contribution to the record – and any story tips, calendar items or eggnog recipes…


Comtech inks $96.2M in new emergency-call contracts

By GREGORY ZELLER // A Long Island-based communications cornerstone will manage a 911 emergency network and wireless 911 services affecting millions of U.S. customers, according to a series of new deals. Melville-based Comtech Telecommunications Corp. has announced a multitude of new contracts with “a major U.S. telecommunications company” providing for various 911-related services. The first deal – involving Comtech’s Safety and Security Technologies group, part of the company’s Commercial Segment – involves the implementation, maintenance…


LI businesses charged up by low-cost juice

The New York Power Authority has approved another round of low-cost power allocations through the ReCharge NY program, with Long Island companies reaping the lion’s share of this round’s benefits. Gov. Andrew Cuomo’s office announced Thursday that NYPA’s Board of Directors has awarded reduced electricity rates to 11 Long Island companies through ReCharge NY, which Cuomo signed into law in 2011 to provide low-cost power to businesses that commit to job creation and new capital…


Army extends Comtech contract

Up, down, up at ‘transformative’ Comtech

Lower income but dramatically higher sales – both attributed to a key February acquisition – set a mixed fourth-quarter tone at Comtech Telecommunications Corp. The Melville-based maker of high-tech communications systems reported earnings Thursday for its fiscal year 2016 fourth quarter, which ended July 31, and for its full fiscal year, which also wrapped up on that date. Among the fourth-quarter highlights: net sales of $152.4 million, nearly double the $77.5 million reported in 4Q…