CommScope Holding Company, Inc. (COMM)
Market Cap | 1.20B |
Revenue (ttm) | 5.18B |
Net Income (ttm) | -937.50M |
Shares Out | 215.88M |
EPS (ttm) | -4.39 |
PE Ratio | n/a |
Forward PE | 13.79 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 4,250,906 |
Open | 5.46 |
Previous Close | 5.70 |
Day's Range | 5.29 - 5.70 |
52-Week Range | 0.86 - 7.19 |
Beta | 1.96 |
Analysts | Sell |
Price Target | 2.50 (-55.2%) |
Earnings Date | Nov 7, 2024 |
About COMM
CommScope Holding Company, Inc. provides infrastructure solutions for communications, data center, and entertainment networks worldwide. The company operates through Connectivity and Cable Solutions (CCS); Outdoor Wireless Networks (OWN); Networking, Intelligent Cellular and Security Solutions (NICS), and Access Network Solutions (ANS) segments. The CCS segment provides network solutions for indoor and outdoor network applications; and fiber optic and copper connectivity and cable solutions for use in telecommunications, cable television, resid... [Read more]
Financial Performance
In 2023, CommScope Holding Company's revenue was $5.79 billion, a decrease of -23.06% compared to the previous year's $7.52 billion. Losses were -$1.51 billion, 12.4% more than in 2022.
Financial StatementsAnalyst Forecast
According to 5 analysts, the average rating for COMM stock is "Sell." The 12-month stock price forecast is $2.5, which is a decrease of -55.20% from the latest price.
News
CommScope: Refi Is Yet Another Temporary Fix, Reiterate Hold
CommScope stock surged over 250% despite ongoing challenges, with Q2 earnings showing significant bottom-line growth, but Q3 results coming in weak. The asset sale announcement initially triggered a s...
CommScope Announces Strategic Refinancing Transaction to Significantly Strengthen Capital Structure
CLAREMONT, N.C.--(BUSINESS WIRE)-- #CommScope--CommScope Holding Company, Inc. (NASDAQ: COMM), today announced the closing of a comprehensive refinancing with its first-lien secured lenders.
CommScope Holding Company, Inc. (COMM) Q3 2024 Earnings Call Transcript
CommScope Holding Company, Inc. (NASDAQ:COMM) Q3 2024 Earnings Conference Call November 7, 2024 8:30 AM ET Company Participants Massimo DiSabato - VP, IR Chuck Treadway - President and CEO Kyle Loren...
CommScope Holding Posts Downbeat Results, Joins Match Group, Krispy Kreme And Other Big Stocks Moving Lower In Thursday's Pre-Market Session
U.S. stock futures were higher this morning, with the Dow futures gaining around 100 points on Thursday.
CommScope Reports Third Quarter 2024 Results
CLAREMONT, N.C.--(BUSINESS WIRE)-- #Earnings--CommScope Holding Company, Inc. (NASDAQ: COMM) today reported results for the quarter ended September 30, 2024.
RUCKUS Delivers AI-Driven Wi-Fi 7 Solution for Circuit of The Americas Racetrack in Austin, Texas
CLAREMONT, N.C.--(BUSINESS WIRE)-- #COTA--CommScope (NASDAQ: COMM) announces RUCKUS Networks designed and deployed AI-driven Wi-Fi 7 solution for Circuit of The Americas™ racetrack in Texas.
CommScope Announces SYSTIMAX GigaSHIELD X10D End-to-End Cat 6A Shielded Platform
CLAREMONT, N.C.--(BUSINESS WIRE)-- #SYSTIMAX--CommScope (NASDAQ: COMM) announced today, the SYSTIMAX® GigaSHIELD™ X10D end-to-end Cat 6A shielded platform.
CommScope Announces Cloud-managed RUCKUS Edge Platform for Service Delivery at the Network Edge
CLAREMONT, N.C.--(BUSINESS WIRE)-- #RUCKUSEdge--CommScope (NASDAQ: COMM) announced today the launch of its RUCKUS Edge™ cloud-managed edge platform for service delivery.
CommScope to Release Third Quarter 2024 Financial Results on November 7
CLAREMONT, N.C.--(BUSINESS WIRE)-- #Earnings--CommScope Holding Company, Inc., plans to release its third quarter 2024 financial results on Thursday, November 7th , before the market opens.
CommScope Highlights Two New Solutions for Rural Broadband Applications, Both Have Been Honored with a 2024 Diamond Technology Review Award
CLAREMONT, N.C.--(BUSINESS WIRE)-- #BroadbandForEveryone--CommScope (NASDAQ: COMM), a global leader in network connectivity, is at SCTE24 highlighting two new solutions that optimize rural deployments...
Comcast and CommScope Notch Milestone in Bringing Next Generation Connectivity to Millions Across the U.S.
CLAREMONT, N.C.--(BUSINESS WIRE)-- #FullDuplexDOCSIS--Comcast & CommScope announce that for the first time CommScope's® Full Duplex DOCSIS® amplifier is now live serving customers in Comcast's network...
CommScope and AFL Announce Licensing Agreement for Prodigy Hardened Connectivity Solutions
CLAREMONT, N.C.--(BUSINESS WIRE)-- #Prodigy--CommScope (NASDAQ: COMM) announced today that it has licensed AFL to manufacture CommScope Prodigy® universal FTTH hardened connectivity solutions.
CommScope Wins Three Gold Cabling Innovators Awards from Cabling Installation & Maintenance Magazine
CLAREMONT, N.C.--(BUSINESS WIRE)-- #GigaREACHXL--CommScope (NASDAQ: COMM) honored with three Gold Cabling Innovators Awards 2024 from Cabling Installation & Maintenance magazine.
Mediacom Communications Deploys CommScope Ad Insertion Solution for IP Video
CLAREMONT, N.C.--(BUSINESS WIRE)-- #AdInsertion--CommScope (NASDAQ: COMM) announced today that Mediacom Communications has deployed the CommScope® Manifest Delivery Controller (MDC) for IP video.
CommScope Announces RUCKUS Pro AV Portfolio of Wired and Wireless Networking Solutions
CLAREMONT, N.C.--(BUSINESS WIRE)-- #ProfessionalAV--CommScope (NASDAQ: COMM) announced a new RUCKUS® Pro AV portfolio—a dedicated suite of wired & wireless networking solutions for Pro AV installation...
RUCKUS Networks and Nokia Collaborate to Deliver an AI-driven Wi-Fi and Fiber Connectivity Solution
CLAREMONT, N.C.--(BUSINESS WIRE)-- #PurposeDriven--CommScope (NASDAQ: COMM) and Nokia announced an AI-driven solution for enabling seamless in-building and campus-wide connectivity.
Nokia and RUCKUS Networks collaborate to deliver integrated fiber and Wi-Fi in-building/campus connectivity
Press Release Nokia and RUCKUS Networks collaborate to deliver integrated fiber and Wi-Fi in-building/campus connectivity The joint solution efficiently addresses in-building and campus connectivity...
CommScope Announces New HX6-611-6WH/B Dual-Band (6/11 GHz), Dual-Polarized Antenna
CLAREMONT, N.C.--(BUSINESS WIRE)-- #CommScopeMicrowaveAntenna--CommScope (NASDAQ: COMM) announced the new HX6-611-6WH/B antenna, delivering a high-capacity microwave backhaul solution.
CommScope is Showcasing the Path to Better Network Operation at NCTC's The Independent Show 2024
CLAREMONT, N.C.--(BUSINESS WIRE)-- #TheIndependentShow2024--CommScope (NASDAQ: COMM), a global leader in network connectivity, announced it will demonstrate its solutions at the NCTC The Independent S...
CommScope Announces First Major Sale of Newly Acquired Casa vCCAP Solution
CLAREMONT, N.C.--(BUSINESS WIRE)-- #DistributedAccessArchitecture--CommScope (NASDAQ: COMM) announced the first major sale of the company's recently acquired Casa Systems® virtual CMTS and QAM video s...
CommScope Holding Company, Inc. (COMM) Q2 2024 Earnings Call Transcript
CommScope Holding Company, Inc. (NASDAQ:COMM) Q2 2024 Earnings Conference Call August 8, 2024 8:30 AM ET Company Participants Massimo DiSabato - VP of IR Chuck Treadway - President and CEO Kyle Loren...
CommScope Reports Second Quarter 2024 Results
CLAREMONT, N.C.--(BUSINESS WIRE)-- #InvestorRelations--CommScope Holding Company, Inc. (NASDAQ: COMM), a leader in network connectivity solutions, reported results for the quarter ended June 30, 2024.
CommScope Announces General Availability of STARLINE ESD 1.8 GHz Amplifiers
CLAREMONT, N.C.--(BUSINESS WIRE)-- #Amplifiers--CommScope (NASDAQ: COMM) announced the general availability of its STARLINE® 1.8 GHz Extended Spectrum DOCSIS®(ESD) amplifiers announced in October.
CommScope Announces Preliminary Second Quarter 2024 Results
CLAREMONT, N.C.--(BUSINESS WIRE)-- #InvestorRelations--CommScope Holding Company, Inc. (NASDAQ: COMM) is reporting preliminarily results for the quarter ended June 30, 2024.