CommScope Holding Company, Inc. (COMM)

NASDAQ: COMM · Real-Time Price · USD
5.97
+0.07 (1.19%)
At close: Oct 22, 2024, 4:00 PM
6.07
+0.10 (1.68%)
After-hours: Oct 22, 2024, 6:07 PM EDT
1.19%
Market Cap 1.29B
Revenue (ttm) 5.09B
Net Income (ttm) -1.73B
Shares Out 215.85M
EPS (ttm) -8.16
PE Ratio n/a
Forward PE 5.83
Dividend n/a
Ex-Dividend Date n/a
Volume 3,126,274
Open 5.79
Previous Close 5.90
Day's Range 5.72 - 6.09
52-Week Range 0.86 - 6.75
Beta 2.11
Analysts Hold
Price Target 1.75 (-70.69%)
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]

Sector Technology
IPO Date Oct 25, 2013
Employees 20,000
Stock Exchange NASDAQ
Ticker Symbol COMM
Full Company Profile

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 Statements

Analyst Forecast

According to 6 analysts, the average rating for COMM stock is "Hold." The 12-month stock price forecast is $1.75, which is a decrease of -70.69% from the latest price.

Price Target
$1.75
(-70.69% downside)
Analyst Consensus: Hold
Stock Forecasts

News

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.

23 hours ago - Business Wire

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.

1 day ago - Business Wire

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.

7 days ago - Business Wire

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...

4 weeks ago - Business Wire

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...

4 weeks ago - Business Wire

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.

4 weeks ago - Business Wire

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.

5 weeks ago - Business Wire

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.

6 weeks ago - Business Wire

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...

6 weeks ago - Business Wire

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.

7 weeks ago - Business Wire

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...

7 weeks ago - GlobeNewsWire

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.

2 months ago - Business Wire

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...

2 months ago - Business Wire

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...

2 months ago - Business Wire

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...

2 months ago - Seeking Alpha

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.

2 months ago - Business Wire

8 Best-Performing Small Caps In July: Find Out Which Stock Jumped 803%

The United States' macroeconomic environment was favorable to large-cap companies and unfriendly to small-caps through the first half of 2024. That changed in July.

2 months ago - Benzinga

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.

3 months ago - Business Wire

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.

3 months ago - Business Wire

Undercovered Dozen: Hawaiian Electrics, Serve Robotics, Yandex, Southwest Airlines +

We share 12 ideas published last week focused on stocks with less coverage on Seeking Alpha. Despite the decline in stock price for small biotech Agenus, one analyst thinks it could have further to go...

Other symbols: LUVAGENHEMFICSABRSERV
3 months ago - Seeking Alpha

CommScope rallies on deal to sell units to Amphenol for $2.1 billion

CommScope Holding Co. Inc.'s stock jumped more than 11% on Thursday after the networking technology company said it agreed to sell two business units with a combined 4,000 employees to Amphenol Corp. ...

Other symbols: APH
3 months ago - Market Watch

Amphenol Corporation to Acquire Mobile Networks Businesses From CommScope

WALLINGFORD, Conn.--(BUSINESS WIRE)--Amphenol Corporation (NYSE: APH) today announced a definitive agreement to acquire CommScope's (NASDAQ: COMM) mobile networks businesses for $2.1 billion in cash, ...

Other symbols: APH
3 months ago - Business Wire

CommScope to Sell its Outdoor Wireless Networks and Distributed Antenna Systems Businesses to Amphenol Corporation

CLAREMONT, N.C.--(BUSINESS WIRE)-- #DAS--CommScope (NASDAQ: COMM), announced it has entered into a definitive agreement to sell its Outdoor Wireless and DAS business to Amphenol (NYSE: APH).

Other symbols: APH
3 months ago - Business Wire

CommScope to Release Second Quarter 2024 Financial Results on August 8

CLAREMONT, N.C.--(BUSINESS WIRE)-- #Earnings--CommScope Holding Company, Inc., plans to release its second quarter 2024 financial results on Thursday, August 8, before the market opens.

3 months ago - Business Wire

CommScope Updates E6000 Converged Edge Router with Key New Features

CLAREMONT, N.C.--(BUSINESS WIRE)-- #10G--CommScope (NASDAQ: COMM), announced today the availability of Software Release 13 for the E6000® Converged Edge Router (CER).

4 months ago - Business Wire