Michael Bondi on technology
From Comtech (CMTL) President/COO Michael Porcelain & CFO Michael Bondi – Presentation from NobleCon17 · · channelchek
“Satellite cellular backhaul is an important part of cellular networks, and as we go from 4G to 5G around the world, it's going to open up tremendous opportunities because there's going to be more data, more information, and more need to have satellite cellular backhaul.”
On , Michael Bondi, Chief Financial Officer at COMTECH TELECOMMUN, spoke about technology during Comtech (CMTL) President/COO Michael Porcelain & CFO Michael Bondi – Presentation from NobleCon17 on channelchek.
About Michael Bondi
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.