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Stock impact report

CommScope Reports First Quarter 2024 Results [Yahoo! Finance]

CommScope Holding Company, Inc. (COMM) 
Last commscope holding company, inc. earnings: 2/20 06:30 am Check Earnings Report
US:NASDAQ Investor Relations: ir.commscope.com
Company Research Source: Yahoo! Finance
Non-GAAP adjusted EBITDA of $153.0 million Cash flow used in operations of $(177.7) million and non-GAAP adjusted free cash flow of $(154.1) million CLAREMONT, N.C., May 09, 2024 BUSINESS WIRE )--CommScope Holding Company, Inc. (NASDAQ: COMM), a global leader in network connectivity solutions, today reported results for the quarter ended March 31, 2024. Summary of Consolidated Results Q1 Q1 % Change YOY (in millions, except per share amounts) Net sales GAAP income (loss) from continuing operations GAAP income (loss) from continuing operations per share Non-GAAP adjusted EBITDA Non-GAAP adjusted net income (loss) per diluted share (1) See "Non-GAAP Financial Measures" below. "As expected, our first quarter was a challenging quarter as we continued to deal with lower demand. On a positive note, we have begun to see early signs of recovery in our Connectivity and Cable Solutions and Outdoor Wireless Networks businesses as order rates increased sequentially Show less Read more
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