Comtech Telecommunications F1Q08 (Qtr End 10/31/07) Earnings Call Transcript

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2007-12-06 10:46:42.0

Tags: Comtech Telecommunications Corp.

Earnings Call Excerpt

Comtech Telecommunications Corp. (CMTL)

F1Q08 Earnings Call

December 6, 2007, 8:30am ET

Executives

Stephanie LaMantia

Fred Kornberg – President and Chief Executive Officer

Robert Rouse – Executive Vice President and Chief Operating Officer

Michael Porcelain – Chief Financial Officer

Analysts

Richard Valera – Needham & Company Inc.

Tim Quillin – Stephens Inc.

Tyler Hojo – Sidoti & Company

Mark Jordan

Jim McIlree – Collins Stewart

Michael Connelly

Presentation

Operator

Welcome to Comtech Telecommunication Corp. first quarter fiscal 2008 earnings conference call. [Operator Instructions] I would now like to turn the conference over to Ms. [Stephanie LaMantia] of Comtech Telecommunications, please go ahead.

[Stephanie LaMantia]

Thank you and good morning. Welcome to the Comtech Telecommunications Corp. conference call for the first quarter of fiscal year 2008. With us on the call this morning are Fred Kornberg, President and Chief Executive Officer of Comtech, Robert Rouse, Executive Vice President and Chief Operating Officer and Michael Porcelain, Chief Financial Officer.

The news release on the company’s results was issued yesterday afternoon. If you have not received a copy, please call me and I’ll be happy to send you one.

Before we proceed I need to remind you of the company’s safe harbor language in the following way. Certain information presented in this call will include, but not be limited to information relating to the future performance and financial condition of the company. The plans and objectives of the company’s management and company’s assumptions regarding such performance and plans are forward looking in nature and involve certain significant risks and uncertainties. Actual results could differ materially from such forward looking information. Any forward looking statements are qualified in their entirety by cautionary statements contained in the company’s Securities and Exchange Commission filing.

With that, I’m pleased to introduce the President of Comtech, Fred Kornberg.

Fred Kornberg

Good morning everyone and thank you for joining us today. I’m pleased to report once again a very strong first fiscal 2008 quarter, which supports my optimistic comments that I made on our last September earnings call, when I said that I expect that fiscal 2008 to be another year of record revenues and profits, our sixth year in a row.

What’s more, this unprecedented growth has predominately been organic. Our company continues to benefit from the compelling product and technology solutions we offer as well as from the strengths, diversity and breadth of our business of our customers and of our end markets we operate in.

 

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