CommScope Holding Company, Inc. (COMM)
Market Cap | 1.16B |
Revenue (ttm) | 5.18B |
Net Income (ttm) | -937.50M |
Shares Out | 215.88M |
EPS (ttm) | -4.39 |
PE Ratio | n/a |
Forward PE | 15.41 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 229,295 |
Open | 5.47 |
Previous Close | 5.42 |
Day's Range | 5.33 - 5.52 |
52-Week Range | 0.86 - 7.19 |
Beta | 1.91 |
Analysts | Hold |
Price Target | 3.00 (-44.13%) |
Earnings Date | Feb 26, 2025 |
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 "Hold." The 12-month stock price forecast is $3.0, which is a decrease of -44.13% from the latest price.
News
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CommScope and NCTC Announce Enhanced Collaboration to Support Independent Service Providers
Agreement will facilitate network design assistance and grant application guidance for NCTC members CLAREMONT, N.C. and OVERLAND PARK, Kan.
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CommScope Completes Divestiture of Outdoor Wireless Networks and Distributed Antenna Systems Businesses to Amphenol Corporation
CLAREMONT, N.C.--(BUSINESS WIRE)-- #DistributedAntennaSystems--CommScope (NASDAQ: COMM) announced today the closing of the transaction to sell its OWN segment and DAS business to Amphenol Corporation ...
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Amphenol Corporation Completes Acquisition of OWN and DAS Businesses From CommScope
WALLINGFORD, Conn.--(BUSINESS WIRE)--Amphenol Corporation (NYSE: APH) today announced it had completed the acquisition of CommScope's (NASDAQ: COMM) Outdoor Wireless Networks (OWN) and Distributed Ant...
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CommScope to Release Fourth Quarter and Full Year 2024 Financial Results on February 26
CLAREMONT, N.C.--(BUSINESS WIRE)-- #InvestorRelations--CommScope Holding Company, Inc., plans to release its fourth quarter and full year 2024 financial results on February 26, before the market opens...
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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...
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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.
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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...
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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.
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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.
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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.
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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.
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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.
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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.
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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...
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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...
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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.
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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.
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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.
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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...
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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.
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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...
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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.
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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...
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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...
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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...