COMM News and Press, CommScope Holding Company Inc. From 05/04/23

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% ye...

First Quarter Highlights Net sales of $2.002 billion Core net sales of $1.664 billion* GAAP net loss attributable to common stockholders of $11.7 million Non-GAAP adjusted EBITDA of $312.0 million Core adjusted EBITDA of $315.3 million* Cash flow used in operations of ...

2023-05-03 13:17:01 ET CommScope ( NASDAQ: COMM ) is scheduled to announce Q1 earnings results on Thursday, May 4th, before market open. The consensus EPS Estimate is $0.35 (+34.6% Y/Y) and the consensus Revenue Estimate is $2.16B (-3.1% Y/Y). Over the last 2 years, CO...

2023-04-21 18:40:40 ET Giant publicly traded companies can often withstand negative takes from analysts, but that isn't always the case with relatively smaller players. That's what happened this week with the relatively under-the-radar CommScope Holding (NASDAQ: COMM) . On the b...

CommScope Holding Company, Inc., a global leader in network connectivity, plans to release its first quarter 2023 financial results on Thursday, May 4, before the market opens. The release will be followed by an 8:30 a.m. Eastern conference call in which management will discuss the results. T...

2023-04-17 15:24:52 ET CommScope ( NASDAQ: COMM ) shares fell as much as 11.4% on Monday after Jefferies downgraded the telecom network infrastructure company to Hold from a prior investment rating of Buy, along with a large price target cut. The brokerage firm slashed its P...

2023-03-29 16:20:39 ET CommScope ( NASDAQ: COMM ) says it's expanding fiber-optic cable production to help feed an accelerated rollout of broadband Internet in the United States. That comes in part due to expanding manufacturing at its two production facilities in North Ca...

2023-03-15 06:37:57 ET Summary It looks to be that 2023 is going to be a tough year for COMM. Macro-economic headwinds, stubborn inflation, higher costs of capital, and ongoing supply chain constraints will continue to weigh on the performance of the company. If the company ma...

2023-03-14 13:14:23 ET Summary CLFD's core business is FTTH deployments in the community broadband market, which spans Tier 2 and 3, utilities, municipalities, and alternative carriers. With ~$100 billion of funding recently passed in the Bipartisan Infrastructure Bill, CLFD is we...

CommScope delivers first FDX amplifier prototype to Comcast as next step in planned roll out of FDX across Comcast network in 2023 Comcast today announced that partner CommScope has delivered the first prototype Full Duplex DOCSIS (FDX) amplifiers to its advanced technology labs for sys...