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home / news releases / COMM - CommScope Non-GAAP EPS of $0.35 in-line revenue of $2B misses by $160M

COMM - CommScope Non-GAAP EPS of $0.35 in-line revenue of $2B misses by $160M

CommScope Holding Company Inc.

2023-05-04 06:41:46 ET

  • CommScope press release ( NASDAQ: COMM ): Q1 Non-GAAP EPS of $0.35 in-line.
  • Revenue of $2B (-10.3% Y/Y) misses by $160M .
  • Net sales in the first quarter of 2023 decreased 10.2% year-over-year to $2.00 billion. Core net sales decreased 4.0% year-over-year due to lower net sales in the OWN, ANS and CCS segments, partially offset by stronger sales in the NICS segment. Net sales decreased across all regions in the first quarter of 2023.

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CommScope Non-GAAP EPS of $0.35 in-line, revenue of $2B misses by $160M
Stock Information
Company Name: CommScope Holding Company Inc.
Stock Symbol: COMM
Market: NASDAQ
Website: commscope.com
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