CommScope Holding Company, Inc. (COMM)
| Market Cap | 712.05M |
| Revenue (ttm) | 8.62B |
| Net Income (ttm) | -1.24B |
| Shares Out | 211.92M |
| EPS (ttm) | -5.99 |
| PE Ratio | n/a |
| Forward PE | 2.45 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 3,362,040 |
| Open | 3.14 |
| Previous Close | 3.11 |
| Day's Range | 3.14 - 3.40 |
| 52-Week Range | 3.04 - 13.73 |
| Beta | 1.95 |
| Analysts | Buy |
| Price Target | 8.76 (+160.71%) |
| Earnings Date | Nov 2, 2023 |
About COMM
CommScope Holding Company, Inc. provides infrastructure solutions for communications, data center, and entertainment networks worldwide. It operates through five segments: Connectivity and Cable Solutions (CCS); Outdoor Wireless Networks (OWN); Networking, Intelligent Cellular and Security Solutions (NICS); Access Network Solutions (ANS); and Home Networks (Home). 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, cabl... [Read more]
Financial Performance
In 2022, COMM's revenue was $9.23 billion, an increase of 7.47% compared to the previous year's $8.59 billion. Losses were -$1.35 billion, 158.9% more than in 2021.
Financial StatementsAnalyst Forecast
According to 8 analysts, the average rating for COMM stock is "Buy." The 12-month stock price forecast is $8.76, which is an increase of 160.71% from the latest price.
News
CommScope Demonstrates its DOCSIS 4.0 Modem Interoperability at CableLabs on All 4 Major CMTS Centralized & Distributed Access Architectures
HICKORY, N.C.--(BUSINESS WIRE)-- #DOCSIS40--CommScope shared - all four of its major DOCSIS Access Architectures successfully demonstrated interoperability with five DOCSIS 4.0 modem vendors.
CommScope Honored by 2023 Cabling Installation & Maintenance Innovators Awards in Three Categories
HICKORY, N.C.--(BUSINESS WIRE)-- #datacenters--CommScope announced that it has been honored with one Platinum and two Gold awards by the 2023 Cabling Installation & Maintenance Innovators Awards.
CommScope Launches SYSTIMAX Constellation Enterprise Power and Data Platform for the Hyperconnected Future
HICKORY, N.C.,--(BUSINESS WIRE)-- #datacenter--CommScope announced the launch of its SYSTIMAX® Constellation™ edge-based platform for connecting and powering tomorrow's hyperconnected enterprise.
CommScope Reports Second Quarter 2023 Results
HICKORY, N.C.--(BUSINESS WIRE)--CommScope Reports Second Quarter 2023 Results.
CommScope Announces Fiber Cable Manufacturing Expansion in North Carolina
HICKORY, N.C.--(BUSINESS WIRE)-- #broadband--CommScope plans to invest $60.3 million over the next four years to expand its manufacturing facilities based in North Carolina.
CommScope to Release Second Quarter 2023 Financial Results on August 3
HICKORY, N.C.--(BUSINESS WIRE)--CommScope Holding Company, Inc., a global leader in network connectivity, plans to release its second quarter 2023 financial results on Thursday, August 3, before the m...
CommScope's CEO Attends White House Event on Broadband Access for All
HICKORY, N.C.--(BUSINESS WIRE)-- #Broadbandforeveryone--Chuck Treadway, CEO of CommScope, attended a White House event this morning to represent leaders in fiber-optic cable manufacturing.
RUCKUS One Delivers AI-driven, Unified Management of Multi-Access Public and Private Networks Enabling Channel Partners to Deliver Turn-key Network as a Service Solutions
HICKORY, N.C.--(BUSINESS WIRE)--CommScope (NASDAQ: COMM) announced today three new RUCKUS Networks solutions that together offer enterprises and service providers new ways to deploy, manage and operat...
CommScope Selected by JTOWER to Provide Tower Sharing Delivery Model to Expand 5G Reach in Japan
HICKORY, N.C.--(BUSINESS WIRE)---- $COMM #5g--CommScope has been selected by leading neutral host service provider JTOWER to provide outdoor infrastructure sharing for network operators.
CommScope Launches SURFboard mAX® 6E Tri-Band Mesh Wi-Fi System
HICKORY, N.C.--(BUSINESS WIRE)---- $COMM #connectivity--CommScope (NASDAQ: COMM), a global leader in home networks, today announced the launch of the SURFboard mAX 6E tri-band mesh Wi-Fi system. The S...
CommScope Launches New AI-based Software to Optimize Broadband Operator's Network Capacity, Efficiency and Quality
HICKORY, N.C.--(BUSINESS WIRE)--A new AI-based software product designed to improve the performance of broadband operators' services has been developed and launched by CommScope.
PŸUR, CommScope and braun teleCom Delivering Multi-gigabit Broadband Speeds in Germany
HICKORY, N.C.--(BUSINESS WIRE)--PŸUR's German cable broadband network is being transformed by CommScope and braun teleCom, through the deployment of CommScope's end-to-end DAA.
CommScope Launches New HomeVantage Fiber Gateways and ONUs at ANGA COM
HICKORY, N.C.--(BUSINESS WIRE)---- $COMM #connectivity--CommScope (NASDAQ: COMM), a global leader in home networks, announced today the launch of its new HomeVantage™ line of fiber gateways and optica...
CommScope Stockholders Approve Proxy Proposals
HICKORY, N.C.--(BUSINESS WIRE)---- $COMM--The stockholders of CommScope Holding Company, Inc., approved five proxy proposals today at the company's annual meeting of stockholders.
Luna Rossa Prada Pirelli Selects CommScope's RUCKUS Networks as Wi-Fi Official Supplier
HICKORY, N.C.--(BUSINESS WIRE)--Elite sailing team Luna Rossa Prada Pirelli has selected RUCKUS Networks as its Wi-Fi official supplier as it seeks to qualify for the America's Cup.
CommScope Reports First Quarter 2023 Results
HICKORY, N.C.--(BUSINESS WIRE)---- $COMM--CommScope Holding Company, Inc., a global leader in network connectivity solutions, today reported results for the quarter ended March 31, 2023.
CommScope employees left in the dark after ransomware attack
CommScope employees say they haven't heard from executives in over a week about how the company is responding to a ransomware attack, which allowed hackers to steal reams of corporate and employee dat...
CommScope to Release First Quarter 2023 Financial Results on May 4
HICKORY, N.C.--(BUSINESS WIRE)---- $COMM--CommScope Holding Company, Inc., plans to release its first quarter 2023 financial results on Thursday, May 4, before the market opens.
Hackers publish sensitive employee data stolen during CommScope ransomware attack
Hackers published a trove of data stolen from U.S. network infrastructure giant CommScope, including thousands of employees' Social Security numbers and bank account details. The North Carolina-based ...
CommScope Announces Increase in U.S. Fiber Optic Cable Production to Accelerate Rollout of Broadband to Underserved Communities
HICKORY, N.C.--(BUSINESS WIRE)--CommScope is expanding fiber-optic cable production to accelerate broadband rollout across the US, connecting more communities and underserved areas.
CommScope to Participate in the J.P. Morgan Global High Yield & Leveraged Finance Conference
HICKORY, N.C.--(BUSINESS WIRE)---- $COMM--CommScope Holding Company, Inc., plans to participate in the J.P. Morgan Global High Yield & Leveraged Finance Conference on March 7, 2023.
Comcast and CommScope Hit Major 10G Milestone
PHILADELPHIA--(BUSINESS WIRE)--CommScope delivers first FDX amplifier prototype to Comcast as next step in planned roll out of FDX across Comcast network in 2023
CommScope Reports Fourth Quarter and Full Year 2022 Results
HICKORY, N.C.--(BUSINESS WIRE)---- $COMM--CommScope Holding Company, Inc., a global leader in network connectivity, reported results for the quarter and year ended December 31, 2022.
CommScope Ships 1 Million Amplifiers in 2022 and Looks Ahead to DOCSIS 4.0
HICKORY, N.C.--(BUSINESS WIRE)--CommScope announced it reached a milestone of building and shipping more than 1,000,000 radio-frequency amplifiers to top cable operators in 2022.
CommScope's Propel Honored by 2023 Lightwave Innovation Reviews
HICKORY, N.C.--(BUSINESS WIRE)--CommScope announces its modular, end-to-end fiber platform, Propel™, was recognized among the best by the 2023 Lightwave Innovation Reviews.