CommScope Holding Company, Inc. (COMM)
| Market Cap | 194.16M |
| Revenue (ttm) | 5.79B |
| Net Income (ttm) | -1.51B |
| Shares Out | 212.27M |
| EPS (ttm) | -7.17 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 7,675,719 |
| Open | 0.995 |
| Previous Close | 1.060 |
| Day's Range | 0.860 - 1.020 |
| 52-Week Range | 0.860 - 6.645 |
| Beta | 1.97 |
| Analysts | Hold |
| Price Target | 3.53 (+285.92%) |
| Earnings Date | May 9, 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, COMM'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 7 analysts, the average rating for COMM stock is "Hold." The 12-month stock price forecast is $3.53, which is an increase of 285.92% from the latest price.
News
CommScope to Release First Quarter 2024 Financial Results on May 9
CLAREMONT, N.C.--(BUSINESS WIRE)-- #Earnings--CommScope Holding Company, Inc., plans to release its first quarter 2024 financial results on Thursday, May 9, before the market opens.
RUCKUS Networks Launches AI-Driven Solutions for Hospitality
CLAREMONT, N.C.--(BUSINESS WIRE)-- #Hospitality--CommScope (NASDAQ: COMM), announced a suite of RUCKUS Networks solutions to drive operational efficiency and brand loyalty for hospitality industry.
Xplore Selects CommScope to Deploy High-Speed Fiber Broadband in Rural Ontario
CLAREMONT, N.C.--(BUSINESS WIRE)-- #Broadband--CommScope (NASDAQ: COMM), announced today a collaboration with Xplore Inc. to bring new rural broadband services to Ontario, Canada.
CommScope Unveils GigaREACH XL Solution Designed to Power and Connect Emerging Edge Devices
CLAREMONT, N.C.--(BUSINESS WIRE)-- #SYSTIMAX--CommScope (NASDAQ: COMM) announced its GigaREACH™ XL solution, the latest innovation in the SYSTIMAX® portfolio.
CommScope To Increase U.S. Based Manufacturing Capabilities for Fiber Connectivity Products
CLAREMONT, N.C.--(BUSINESS WIRE)-- #BABA--CommScope (NASDAQ: COMM) announced today it plans to expand production for its fiber-optic connectivity product portfolio.
CommScope Reports Fourth Quarter and Full Year 2023 Results
CLAREMONT, N.C.--(BUSINESS WIRE)--CommScope Reports Fourth Quarter and Full Year 2023 Results.
FCC Certifies Comsearch AFC for Commercial Deployment
CLAREMONT, N.C.--(BUSINESS WIRE)-- #6GHzSpectrum--CommScope (NASDAQ: COMM) announced its Comsearch® spectrum management business received FCC certification for commercial deployment of its AFC system.
CommScope Brings Open RAN Indoors – Extending Open RAN Support on ERA DAS and ONECELL Small Cell
CLAREMONT, N.C.--(BUSINESS WIRE)-- #Converged5GIndoor--CommScope (NASDAQ: COMM) announced three industry-leading Open RAN advances —facilitating open, sustainable, and converged 5G indoor networks.
Vantiva appoints new Directors and Chairman to Board of Directors following strategic acquisition of CommScope Home Networks
Press Release Vantiva appoints new Directors and Chairman to Board of Directors following strategic acquisition of CommScope Home Networks Brian Shearer, TPG Angelo Gordon, appointed Chairman of B...
Boldyn Networks Deploys Wi-Fi 7 from RUCKUS at Camping World Stadium for Seamless Fan Experience
CLAREMONT, N.C.--(BUSINESS WIRE)-- #WiFi7--CommScope (NASDAQ: COMM) and Boldyn Networks (Boldyn) announce deployment of Wi-Fi 7 indoor access points in selected areas of Camping World Stadium.
CommScope to Release Fourth Quarter and Full Year 2023 Financial Results on February 29
CLAREMONT, N.C.--(BUSINESS WIRE)-- #InvestorRelations--CommScope Holding Company, Inc., plans to release its fourth quarter and full year 2023 financial results on February 29, before market opens.
CommScope Unveils SYSTIMAX 2.0 Providing Innovative Solutions to Address Network Infrastructure Challenges
CLAREMONT, N.C.--(BUSINESS WIRE)-- #NetworkingSolutions--CommScope (NASDAQ: COMM), announces SYSTIMAX® 2.0 enhancements, the next generation of its SYSTIMAX building and data center connectivity portf...
CommScope Completes Divestiture of Home Networks Business to Vantiva
CLAREMONT, N.C.--(BUSINESS WIRE)--CommScope (NASDAQ: COMM), announced today the closing of the transaction to sell its Home Networks Business to Vantiva (Euronext Paris: VANTI.).
Vantiva Finalizes the Acquisition of CommScope's Home Networks Business
Press Release Vantiva Finalizes the Acquisition of CommScope's Home Networks Business This operation strengthens Vantiva's leadership position in the global connected home market Paris – January 9...
Vantiva takes another step towards completing the acquisition of CommScope's Home Networks division
Press Release Vantiva takes another step towards completing the acquisition of CommScope's Home Networks division Paris – January 4, 2024 - Vantiva (Euronext Paris: VANTI), today announced that it has...
CommScope Named to Newsweek's America's Most Responsible Companies 2024 and Newsweek's America's Greatest Workplaces for Diversity 2024 Lists
CLAREMONT, N.C.--(BUSINESS WIRE)-- #Diversity--CommScope was named to Newsweek's list of America's Most Responsible Companies 2024 and America's Greatest Workplaces for Diversity 2024.
CommScope stock rises on heels of Raymond James upgrade to market perform
CommScope Holding Company Inc.'s stock COMM, +11.26% was up 6% in premarket trading on Thursday. Raymond James upgraded the telecommunications equipment company to market perform from underperform on ...
Vantiva: Status update on CommScope's Home networks acquisition
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 a...
CommScope Reports Third Quarter 2023 Results
CLAREMONT, N.C.--(BUSINESS WIRE)-- #financial--CommScope Reports Third Quarter 2023 Results.
CommScope and STMicroelectronics Make Matter Provisioning for IoT Devices Secure and Easy
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 Stock Is Plunging. Carriers Slowed Their Spending.
Communications-infrastructure provider CommScope cut earnings guidance. Shares dove by double digits.
CommScope's stock plunges toward a record low after a warning that sales, profitability will disappoint
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, ...
CommScope Announces Preliminary Third Quarter 2023 Results
CLAREMONT, N.C.--(BUSINESS WIRE)--CommScope Holding Company, Inc. is preliminarily reporting results for the quarter that ended September 30, 2023.
CommScope to Release Third Quarter 2023 Financial Results on November 9
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 and Comcast Achieve Symmetrical 4 Gbps Speeds in Lab Test Using DOCSIS 4.0 FDX Amplifiers
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.