CommScope Hld

CommScope Holding Co., Inc. engages in the provision of infrastructure solutions for communications networks. It operates through the following segments: Broadband, Home, Outdoor Wireless Networks (OWN), and Venue and Campus Networks (VCN). The company was founded by Frank M. Drendel in 1976 and is headquartered in Hickory, NC.

Earnings data Q1 2021

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Earnings data Q1 2022

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Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

CommScope reports Q1 2023 earnings with improved EBITDA and challenges

CommScope's Q1 2023 performance saw a decline in sales but a significant increase in EBITDA. The company reaffirmed its 2023 adjusted EBITDA guidance and expects to generate improved free cash flow for the full year. While facing challenges in certain segments, CommScope remains optimistic about the medium and long-term environment and is focused on cost management and value creation for shareholders.

CommScope reports solid Q2 performance amidst market challenges and opportunities

CommScope's Q2 performance reflects resilience and strategic cost-saving measures, positioning the company for future growth.
While facing short-term challenges, investments in new products and grants offer opportunities for innovation and expansion.
Market uncertainties and margin adjustments require strategic focus, but potential funding and revenue growth present optimistic prospects.

CommScope reports Q3 resilience, focuses on cost efficiency and liquidity

CommScope's Q3 2023 performance showed resilience amidst challenges, with a focus on cost reduction and cash flow improvement.
While facing segment-specific challenges, the company is leveraging strengths in product offerings and liquidity to navigate uncertainties.
Opportunities lie in optimizing inventory management, supplier relationships, and potential asset sales to strengthen the financial position.
Revised guidance and strategic evaluations indicate a proactive approach to sustaining performance and addressing market dynamics.

CommScope faces market challenges but sees growth opportunities ahead

CommScope navigated tough market conditions in Q4 2023, with declines in net sales and adjusted EBITDA.
Despite challenges, the company focused on cost management and cash generation, ending the quarter with strong liquidity.
Opportunities lie in NICS and ANS businesses with innovative products and positive customer feedback.
Continued investments in capacity and product lines position CommScope well for market recovery and growth.

CommScope reports mixed Q1 performance, focuses on cost management

CommScope's Q1 2024 earnings call showcased a mixed performance across segments, with challenges in ANS and NICS but strengths in CCS and OWN. The company is focused on managing costs, maintaining liquidity, and positioning for potential growth in the second half of 2024.

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CommScope Holding Co., Inc. engages in the provision of infrastructure solutions for communications networks. It operates through the following segments: Broadband, Home, Outdoor Wireless Networks (OWN), and Venue and Campus Networks (VCN). The company was founded by Frank M. Drendel in 1976 and is headquartered in Claremont, NC.

Press Release     Status update on CommScope's Home Networks acquisition Paris – November 10 th , 2023 - Vantiva (Euronext Paris: VANTI), On October 3, 2023, Vantiva announced that it had reached an agreement with CommScope to acquire its Home Networks business, in exchange for a 25% stake in Vantiva. CommScope will reinvest the entire acquisition price in a reserved capital increase giving it the right to a 25% stake in Vantiva (post-capital increase)1.

Vantiva: Status update on CommScope's Home networks acquisition

CommScope Holding Company, Inc. (NASDAQ:COMM ) Q3 2023 Earnings Conference Call November 9, 2023 8:30 AM ET Company Participants Massimo DiSabato - Vice President, Investor Relations Chuck Treadway - President and Chief Executive Officer Kyle Lorentzen - Executive Vice President and Chief Financial Officer Conference Call Participants Simon Leopold - Raymond James Meta Marshall - Morgan Stanley Tal Liani - Bank of America George Notter - Jefferies Joe Cardoso - JPMorgan Matt Niknam - Deutsche Bank Steven Fox - Fox Advisors Operator Good day and thank you for standing by. Welcome to the CommScope Third Quarter 2023 Earnings Conference Call.

CommScope Holding Company, Inc. (COMM) Q3 2023 Earnings Call Transcript

Although the revenue and EPS for CommScope (COMM) give a sense of how its business performed in the quarter ended September 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Here's What Key Metrics Tell Us About CommScope (COMM) Q3 Earnings

CommScope (COMM) came out with quarterly earnings of $0.13 per share, missing the Zacks Consensus Estimate of $0.14 per share. This compares to earnings of $0.50 per share a year ago.

CommScope (COMM) Q3 Earnings and Revenues Miss Estimates

CLAREMONT, N.C.--(BUSINESS WIRE)-- #financial--CommScope Reports Third Quarter 2023 Results.

CommScope Reports Third Quarter 2023 Results

Beyond analysts' top -and-bottom-line estimates for CommScope (COMM), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended September 2023.

Insights Into CommScope (COMM) Q3: Wall Street Projections for Key Metrics

STMicroelectronics NV ADR RegS

CLAREMONT, N.C. & GENEVA--(BUSINESS WIRE)-- #IoTSecurity--CommScope and STMicroelectronics, announce the integration of PKIWorks™ IoT security platform with ST's popular STM32WB microcontroller unit.

CommScope and STMicroelectronics Make Matter Provisioning for IoT Devices Secure and Easy

CommScope (COMM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: CommScope (COMM) Q3 Earnings Expected to Decline

In a possible warning sign of broader economic health, network infrastructure provider CommScope (NASDAQ: COMM ) recently disclosed some downbeat preliminary results for its third-quarter earnings report. Specifically, management revealed demand loss due to low order rates.

CommScope (COMM) Stock Plummets 40% on Earnings Warning

Communications-infrastructure provider CommScope cut earnings guidance. Shares dove by double digits.

CommScope Stock Is Plunging. Carriers Slowed Their Spending.

CommScope just issued a massive earnings warning. Quarterly sales could be down 30% year over year.

Why CommScope Stock Fell 40% After Monday Earnings

Shares of CommScope Holding Co. Inc. COMM, -4.35% plunged 17.8% into record-low territory, after the telecommunications networks company warned investors that sales and profitability will disappoint, citing ” low order rates driven by customers continuing to hold higher than required inventories, uncertain macroeconomic environment and slower service provider network capital expenditure spending.” The company expects third-quarter sales of $1.60 billion, which is well below the current FactSet consensus of $1.99.

CommScope's stock plunges toward a record low after a warning that sales, profitability will disappoint

CLAREMONT, N.C.--(BUSINESS WIRE)--CommScope Holding Company, Inc. is preliminarily reporting results for the quarter that ended September 30, 2023.

CommScope Announces Preliminary Third Quarter 2023 Results

HICKORY, N.C.--(BUSINESS WIRE)--CommScope Holding Company, Inc., plans to release its third quarter 2023 financial results on Thursday, November 9, before the market opens.

CommScope to Release Third Quarter 2023 Financial Results on November 9

Comcast

HICKORY, N.C.--(BUSINESS WIRE)-- #DOCSIS--CommScope announced today that it has reached a new milestone with Comcast in the development of its DOCSIS® 4.0 Full-Duplex DOCSIS (FDX) amplifiers.

CommScope and Comcast Achieve Symmetrical 4 Gbps Speeds in Lab Test Using DOCSIS 4.0 FDX Amplifiers

HICKORY, N.C.--(BUSINESS WIRE)-- #DOCSIS--CommScope announced its next-generation Extended Spectrum DOCSIS STARLINE amplifier & NC4000 optical node platforms supporting DOCSIS 4.0 operation.

CommScope Announces Launch of DOCSIS 4.0 ESD RF Amplifier and Optical Node Platforms with Support of Up To 1.8 GHz

HICKORY, N.C.--(BUSINESS WIRE)--CommScope (NASDAQ: COMM), a global leader in home networks, today announced that its ARRIS SURFboard® G54 DOCSIS 3.1 quad-band Wi-Fi 7 cable modem will be available to consumers starting on October 15. CommScope will be demonstrating the SURFboard G54 at SCTE® Cable-Tec Expo® 2023 in Denver's Colorado Convention Center from October 17-19 in booth #773. One of the first Wi-Fi 7 cable modems available at retailers, the SURFboard G54 delivers the latest Wi-Fi 7 tech.

CommScope Launches ARRIS SURFboard G54 DOCSIS 3.1 Quad-Band Wi-Fi 7 Cable Modem into Retail Market with Debut at SCTE Cable-Tec Expo 2023

Hannon Armstrong Sustainable Infrastructure Capital

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The proposed divestment will enable CommScope (COMM) to focus on developing solutions designed to support wireline and wireless network convergence.

CommScope (COMM) Divests Home Networks Unit for Core Focus

HICKORY, N.C.--(BUSINESS WIRE)-- #HomeNetworks--CommScope a global leader in network connectivity, announced it plans to sell its Home Networks Business to Vantiva, formerly known as Technicolor.

CommScope Announces Plans to Sell Home Networks Business to Vantiva

Press Release     Vantiva Announces it has entered into an agreement with CommScope to acquire CommScope's Home Networks in exchange for a 25% stake in Vantiva SA, a key milestone in its strategic roadmap Paris (France), October 3 rd , 2023 – Vantiva (Euronext Paris: VANTI), formerly known as Technicolor, a global technology leader designing, developing and supplying innovative products and solutions connecting consumers around the world, today announced that it has entered into a call option agreement with CommScope, a US company (NASDAQ : COMM), to acquire CommScope's Home Networks division (Home Networks), a provider of devices that supply residential connectivity and video set top box solutions. The planned acquisition of CommScope Home Networks represents a transformational transaction for Vantiva, as it would significantly increase Vantiva's Connected Home capabilities.

Vantiva Announces it has entered into an agreement with CommScope to acquire CommScope's Home Networks in exchange for a 25% stake in Vantiva SA., a key milestone in its strategic roadmap

HICKORY, N.C.--(BUSINESS WIRE)-- #DOCSIS40--CommScope shared - all four of its major DOCSIS Access Architectures successfully demonstrated interoperability with five DOCSIS 4.0 modem vendors.

CommScope Demonstrates its DOCSIS 4.0 Modem Interoperability at CableLabs on All 4 Major CMTS Centralized & Distributed Access Architectures

HICKORY, N.C.--(BUSINESS WIRE)-- #datacenters--CommScope announced that it has been honored with one Platinum and two Gold awards by the 2023 Cabling Installation & Maintenance Innovators Awards.

CommScope Honored by 2023 Cabling Installation & Maintenance Innovators Awards in Three Categories

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