COMM launches Propel XFrame solution to address evolving data centers' needs.
COMM reports higher revenues year over year in the fourth quarter of 2024, backed by solid demand in multiple verticals.
CommScope Holding Company, Inc. (NASDAQ:COMM ) Q4 2024 Results Conference Call February 26, 2025 8:30 AM ET Company Participants Massimo DiSabato - VP, IR Chuck Treadway - President and CEO Kyle Lorentzen - EVP and CFO Conference Call Participants Matt Niknam - Deutsche Bank Steven Fox - Fox Advisors Simon Leopold - Raymond James Meta Marshall - Morgan Stanley Priyanka Thapa - JPMorgan Ana Goshko - Bank of America Operator Good day, and thank you for standing by. Welcome to the CommScope's 2024 Full Year and Fourth Quarter Results Conference Call.
The headline numbers for CommScope (COMM) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
COMM and NCTC team up to accelerate broadband expansion in rural and underserved areas across the United States.
CommScope completed divestiture of Outdoor Wireless Networks (OWN) and Distributed Antenna Systems (DAS) businesses to Amphenol.
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 sell-off in COMM stock, but bullish momentum had already begun. Long-term debt remains a significant burden, with management potentially considering additional debt capital, which may not be a sustainable solution.
CommScope completes comprehensive refinancing transactions to meet near-term debt maturities and realign capital structure.
Macroeconomic uncertainty, lower spending from core customers, inventory adjustments and weak demand in several verticals hurt COMM's third-quarter 2024 results.
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 Lorentzen - EVP and CFO Conference Call Participants Meta Marshall - Morgan Stanley Simon Leopold - Raymond James Amit Daryanani - Evercore Samik Chatterjee - JPMorgan Steven Fox - Fox Advisors Tim Savageaux - Northland Capital Markets Operator Welcome to CommScope's 2024 Third Quarter Results Conference Call. [Operator Instructions].
Although the revenue and EPS for CommScope (COMM) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
CommScope (COMM) came out with a quarterly loss of $0.05 per share versus the Zacks Consensus Estimate of $0.33. This compares to earnings of $0.13 per share a year ago.