The communications-technology specialist released preliminary quarterly results. It's anticipating that net sales will slip on a year-over-year basis, although they will likely top the consensus analyst estimate.
CommScope (COMM) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
CommScope (COMM) signs an agreement with Amphenol to sell its Outdoor Wireless Networks segment and Distributed Antenna Systems business unit.
CommScope Holding and DZS have been highlighted in this Industry Outlook article.
The infrastructure upgrade for digital transformation, fiber densification and 5G rollout should help the Zacks Communication - Infrastructure industry thrive despite near-term headwinds. COMM and DZSI are likely to benefit from the continued transition to cloud networks.
Microcap investing is undoubtedly risky. However, the thinly traded nature of microcap stocks often contributes to asymmetrical upside returns.
CommScope (COMM) introduces cutting-edge advancements to improve the capability of its E6000 Converged Edge Router and enhance broadband service offerings of Multi Service Operators.
The enhanced product offerings will enable CommScope (COMM) to provide more comprehensive solutions, catering to the growing demand for high-speed, reliable network connectivity.