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Comtech Secures Re-Certification of Data Security Standard
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Comtech Telecommunications Corp. (CMTL - Free Report) yesterday announced that its Safety & Security Technologies (“SST”) group has secured a re-certification of ISO 27001 Data Security Standard. This reflects the Melville, NY-based company’s commitment toward public safety, enabling organizations to safeguard their information assets and intellectual property. Comtech’s shares inched up 1.2% in the last trading session.
SST, which is part of Comtech’s Commercial Solutions segment, is considered a prominent player in 9-1-1 public safety arena. With a legacy of serving local jurisdictions and various service providers for more than 20 years, Comtech SST offers reliable communication connections that support next-gen technology with emergency call routing and critical location data delivery services. Markedly, the public safety unit has membership in leading associations to develop industry standards for 9-1-1 advancements and one of them is ISO 27001.
ISO 27001 is a security standard that manages confidential information of customers and enterprises. Apart from safeguarding intellectual property and meeting contractual security obligations, it establishes a robust risk assessment framework that protects customers from potential cybersecurity threats. It is a component of information security management system (“ISMS”). The ISMS is a holistic approach that encompasses a framework of policies and procedures to ensure the safety of information assets pertaining to small, medium and large enterprises.
Considered as the benchmark of providing trustworthy communications infrastructure, the ISO 27001 standard increases business resilience, enhances reliability and security of systems and information as well as addresses customer requirements with best-in-class public safety communication services. This important certification reflects on Comtech’s ability to manage its business effectively and ensure that customer needs are thoroughly understood and fulfilled. In this way, the company provides an access to the best information security practices to its subscribers, setting a remarkable example in the public safety domain.
To strengthen global security and improve public safety with high-performance satellite communications equipment, Comtech created a niche market for secure wireless solutions. The company continues to provide market-leading products for messaging, location and deployable wireless communications. It offers services to integrate networks, servers, gateways and intelligent peripherals as well as provides transmission responses to users.
Customers depend on Comtech’s commercial wireless applications, which are based on innovative mobile cloud computing services like text messaging, public safety solutions, hyper-local search, workforce tracking, social applications as well as telematics and navigation. Federal government agencies also rely on Comtech’s cyber security expertise, professional consulting services and highly secure satellite solutions for mission-critical communications.
Shares of Comtech have lost 27.3% compared with the industry’s decline of 16.7% in the past year.
Opera’s bottom line surpassed the Zacks Consensus Estimate twice in the last four quarters. The company has a trailing four-quarter positive earnings surprise of 192.9%, on average.
InterDigital’s bottom line surpassed the Zacks Consensus Estimate thrice in the last four quarters. The company has a trailing four-quarter positive earnings surprise of 62%, on average.
Tucows' bottom line surpassed the Zacks Consensus Estimate twice in the last four quarters. The company has a trailing four-quarter positive earnings surprise of 8.7%, on average.
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Comtech Secures Re-Certification of Data Security Standard
Comtech Telecommunications Corp. (CMTL - Free Report) yesterday announced that its Safety & Security Technologies (“SST”) group has secured a re-certification of ISO 27001 Data Security Standard. This reflects the Melville, NY-based company’s commitment toward public safety, enabling organizations to safeguard their information assets and intellectual property. Comtech’s shares inched up 1.2% in the last trading session.
SST, which is part of Comtech’s Commercial Solutions segment, is considered a prominent player in 9-1-1 public safety arena. With a legacy of serving local jurisdictions and various service providers for more than 20 years, Comtech SST offers reliable communication connections that support next-gen technology with emergency call routing and critical location data delivery services. Markedly, the public safety unit has membership in leading associations to develop industry standards for 9-1-1 advancements and one of them is ISO 27001.
ISO 27001 is a security standard that manages confidential information of customers and enterprises. Apart from safeguarding intellectual property and meeting contractual security obligations, it establishes a robust risk assessment framework that protects customers from potential cybersecurity threats. It is a component of information security management system (“ISMS”). The ISMS is a holistic approach that encompasses a framework of policies and procedures to ensure the safety of information assets pertaining to small, medium and large enterprises.
Considered as the benchmark of providing trustworthy communications infrastructure, the ISO 27001 standard increases business resilience, enhances reliability and security of systems and information as well as addresses customer requirements with best-in-class public safety communication services. This important certification reflects on Comtech’s ability to manage its business effectively and ensure that customer needs are thoroughly understood and fulfilled. In this way, the company provides an access to the best information security practices to its subscribers, setting a remarkable example in the public safety domain.
To strengthen global security and improve public safety with high-performance satellite communications equipment, Comtech created a niche market for secure wireless solutions. The company continues to provide market-leading products for messaging, location and deployable wireless communications. It offers services to integrate networks, servers, gateways and intelligent peripherals as well as provides transmission responses to users.
Customers depend on Comtech’s commercial wireless applications, which are based on innovative mobile cloud computing services like text messaging, public safety solutions, hyper-local search, workforce tracking, social applications as well as telematics and navigation. Federal government agencies also rely on Comtech’s cyber security expertise, professional consulting services and highly secure satellite solutions for mission-critical communications.
Shares of Comtech have lost 27.3% compared with the industry’s decline of 16.7% in the past year.
Comtech currently has a Zacks Rank #4 (Sell).
Some better-ranked stocks in the broader industry are Opera Limited (OPRA - Free Report) , InterDigital, Inc. (IDCC - Free Report) and Tucows Inc. (TCX - Free Report) . While Opera sports a Zacks Rank #1 (Strong Buy), InterDigital and Tucows carry a Zack Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Opera’s bottom line surpassed the Zacks Consensus Estimate twice in the last four quarters. The company has a trailing four-quarter positive earnings surprise of 192.9%, on average.
InterDigital’s bottom line surpassed the Zacks Consensus Estimate thrice in the last four quarters. The company has a trailing four-quarter positive earnings surprise of 62%, on average.
Tucows' bottom line surpassed the Zacks Consensus Estimate twice in the last four quarters. The company has a trailing four-quarter positive earnings surprise of 8.7%, on average.
Today's Best Stocks from Zacks
Would you like to see the updated picks from our best market-beating strategies? From 2017 through 2019, while the S&P 500 gained an impressive +53.6%, five of our strategies returned +65.8%, +97.1%, +118.0%, +175.7% and even +186.7%.
This outperformance has not just been a recent phenomenon. From 2000 – 2019, while the S&P averaged +6.0% per year, our top strategies averaged up to +54.7% per year.
See their latest picks free >>