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COMM News and Press, CommScope Holding Company Inc. From 05/05/22

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Company Name: CommScope Holding Company Inc.
Stock Symbol: COMM
Market: NASDAQ
Website: commscope.com

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COMM - CommScope Non-GAAP EPS of $0.26 beats by $0.04, revenue of $2.23B beats by $160M

CommScope press release (NASDAQ:COMM): Q1 Non-GAAP EPS of $0.26 beats by $0.04. Revenue of $2.23B (+7.7% Y/Y) beats by $160M. Non-GAAP adjusted EBITDA of $253.3M; Core adjusted EBITDA of $230.0M. Cash flow used in operations of -$14.6M and non-GAAP adjusted free cash flow of -$24.1M. For fu...

COMM - CommScope Reports First Quarter 2022 Results

First quarter net sales increased 8% year-over-year for consolidated company Core CommScope first quarter net sales increased 10% year-over-year* Momentum builds in Connectivity and Cable Solutions and Outdoor Wireless Networks as net sales increased 24% an...

COMM - CommScope Announces Next-Generation XGS-PON Solution Suite for Growing FTTP Deployments

Cloud-to-edge hardware, software, and services suite will provide flexibility and scale to accelerate global fiber deployments—enabling tomorrow’s intelligent, high-speed services CommScope (NASDAQ: COMM) announced today a new cloud-to-edge suite of next-ge...

COMM - CommScope's Innovative Set Top Will Provide Orange Moldova's Subscribers with Both Live and Streaming Viewing Options

CommScope , a global leader in home network solutions, has partnered with Orange Moldova to provide their subscribers with the latest generation of set tops powered by Android TV™ designed to provide both live television and premium streaming services. This press rele...

COMM - CommScope's Mosaic Speeds 5G Deployments

Creative Engineering Helps Operators Capitalize on Billions Spent on Communications Infrastructure and Spectrum Auctions As new frequency bands have become available, operators are under pressure to maximize their investments and roll out spectrum quickly. To address this se...

COMM - CommScope to Release First Quarter 2022 Financial Results on May 5

CommScope Holding Company, Inc., a global leader in network connectivity, plans to release its first quarter 2022 financial results on Thursday, May 5, before the market opens. The release will be followed by an 8:30 a.m. Eastern conference call in which management will discuss the resu...

COMM - CommScope dips again as Raymond James cuts to Underperform, noting leverage

CommScope (NASDAQ:COMM) is 0.7% lower today alongside a downgrade to Underperform at Raymond James - a move it equates with "closing the barn door." It's a good company, and management has a plan, analyst Simon Leopold writes. Yet "it faces challenges with increasing input costs, and we worry...

COMM - CommScope Partners with Orange Belgium to Deploy Its State-of-the-Art Set Tops Providing Subscribers with Both Live and Premium Streaming Viewing Options

— New set tops will enhance subscribers’ entertainment experience — CommScope , a global leader in home network solutions, has partnered with Orange Belgium to provide its subscribers with the latest generation of set tops powered by the Androi...

COMM - CommScope falls after Goldman Sachs downgrades on concerns over rising costs

CommScope (NASDAQ:COMM) shares fell on Friday after Goldman Sachs downgraded the network infrastructure company to neutral, citing concerns that inflation could hit the company's recovering margins. Analyst Rod Hall cut his rating to neutral from buy and lowered his price target to $9 from $1...

COMM - CommScope Propels Data Centers into the Future

New Technology Paves the Way for Terabit Speeds Today, CommScope introduced Propel, a high-speed fiber platform designed to help data center managers respond to the exponential increase in demand they are experiencing for computing power. This new technology facilitates the ...

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