Comtech Telecommunications (CMTL) CFO Michael Bondi Talks About Growth & Expansion
Comtech Telecommunications Corp. is a leading global provider of next-generation 911 emergency systems and secure wirelessΒ ...
Chief Financial Officer, Comtech Telecommun
Search every verified Michael Bondi interview, podcast appearance, and on-the-record quote β each transcript cross-checked by AI and human review to confirm speaker identity. Michael Bondi, Chief Financial Officer of Comtech Telecommunications, discussed the company's growth and expansion in a September 2024 interview. He stated that the company had announced winning work in Texas for a Next Generation 911 (NG911) application, describing it as a potential $30 million opportunity. Bondi noted that Comtech had a footprint for 911 services in approximately eight states and three local regions across the United States, and that the company was tracking additional opportunities. In a September 2021 presentation, Bondi highlighted the company's financial position, stating that Comtech generated profits and cash flows, had paid dividends for 42 consecutive quarters, and had nearly a billion dollars of visibility into future revenues from existing contracts. He said the company's stock was undervalued and that Comtech would be opportunistic about stock buybacks under a $100 million program. Bondi also noted that the company had transformed into a wireless leader, with over 60 percent of fiscal 2020 revenues coming from products that did not exist in fiscal 2015.
“This morning we announced winning work in Texas, a NG911 application expanding the work that we were doing there. It's a nice, you know, could be a $30 million type opportunity.”
“At this point in time, we have about eight states and three local regions throughout the United States where we have a nice footprint for 911, and there are certain opportunities that we are tracking.”
“We generate profits and cash flows; sometimes you see technology companies that don't do that. I like to say we're a real company. We pay dividends and have paid 42 quarters in a row, continuing to return part of our profits and operating cash flow to our shareholders.”
“Despite the coronavirus, things are looking pretty good for us. We have long-term fundamentals and market growth demand that we believe will drive future revenues, and at the end of the day, we feel pretty good about the future.”
Comtech Telecommunications Corp. is a leading global provider of next-generation 911 emergency systems and secure wirelessΒ ...
Comtech Telecommunications President/COO Michael Porcelain and CFO Michael Bondi's presentation from NobleCon17,Β ...
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