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CommScope Holding Company, Inc., a global leader in connectivity solutions for communications networks, plans to release its first quarter 2021 financial results on Thursday, May 6, before the market opens. The release will be followed by an 8:30 a.m. Eastern conference call in which ma...
Harmonic Inc. (HLIT) rose 4.2% after takeover speculation following a cooperation agreement with holder Scopia Capital Management.Under the agreement, Scopia has the right to appoint two directors to Harmonic's board of directors during the next year.Harmonic could now look to poten...
Seeing the proposed Home Networks spinoff as a significant step toward increasing shareholder value, Deutsche Bank upgrades CommScope (COMM) from Hold to Buy and raises the price target from $14 to $21.Analyst Matthew Niknam also sees "multiple network investment tailwinds" that will "dr...
Revenues have been on the decline since 2017, and the share price is -53.20% from all-time highs as a consequence. The company is highly profitable as gross profit margin and EBITDA margin are high. The dividend payout is marginal, so dividend investors should stay away. The c...
Gainers: United Time Technology (UTME) +14%. Schmitt Industries (SMIT) +13%. voxeljet AG (VJET) +9%. Creative Realities (CREX) +7%. CommScope (COMM) +6%.Losers: Franklin Wireless (FKWL) -24%. Electro-Se (ELSE) -11%. SemiLEDs (LEDS) -11%. Sphere 3D (ANY) -9%. Ondas (ONDS) -8%. ...
CommScope Holding Company Inc. (NASDAQ:COMM) traded today at a new 52-week high of $17.60. This new high was reached on below average trading volume as 543,000 shares traded hands, while the average 30-day volume is approximately 2.7 million shares. CommScope Holding Co Inc provides infr...
CommScope (COMM) is 5.9% higher today, building on gains after it announced a planned spin-off of its Home Networks business. Analysts across the spectrum are uniformly positive on the development. Rosenblatt Securities upgraded the stock to Buy from Neutral, and boosted its price target to $...
CommScope (COMM) rose 5.1% on a plan to spin off its Home Networks business.The separation will be executive through a tax-free spin off to CommScope holders to form a new public company. The separation is expected to be completed by the end of Q1 of 2022, according to a statement.U...
Provides CommScope NEXT Update: Implements Cost Reduction Actions to Drive Greater Levels of Efficiency and Growth CommScope Holding Company, Inc. (NASDAQ: COMM), a global leader in connectivity solutions for communications networks, today announced its plan to spin-off its ...
New Wi-Fi 6 access points bring high performance, IoT connectivity to dense environments; new SmartZoneOS features enhance usability, add Google Orion Wifi interoperability CommScope announced the latest additions to its Wi-Fi 6 access point (AP) portfolio—the indoor ...
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Transaction highlights: To acquire CommScope’s Outdoor Wireless Networks and Distributed Antenna Systems businesses for $2.1 billion in cash Adds advanced antenna and associated interconnect products, technologies and capabilities Complements Amphenol’s existing prod...
CommScope (NASDAQ: COMM), a global leader in network connectivity, announced today it has entered into a definitive agreement to sell its Outdoor Wireless Networks (OWN) segment as well as the Distributed Antenna Systems (DAS) business unit of its Networking, Intelligent Cellular & Security...