CommScope (Nasdaq: COMM) confirmed its guidance for the fourth quarter ended December 31, 2014 and provided a preliminary outlook for 2015.

The following guidance from CommScope management excludes the amortization of purchased intangibles, restructuring costs and other special items. CommScope’s preliminary 2015 outlook reflects the expected temporary slowdown in North American wireless carrier capital spending, the negative impact of foreign exchange rate changes and on-going product line pruning in the Broadband segment. The 2015 guidance does not reflect any impact from the planned acquisition announced today.

Fourth Quarter 2014 Update:

• Revenue of $825 million – $830 million, which reflects the negative impact of foreign exchange rate changes. This compares to original guidance of $810 million to $850 million.
• Adjusted earnings per diluted share of $0.35 – $0.37, compared to original guidance of $0.30 to $0.35, based on approximately 192 million weighted average diluted shares.

Preliminary Fiscal 2015 Guidance:

• Revenue that is flat to down 5 percent year over year.
• Adjusted earnings per diluted share of $1.95 – $2.05 based on approximately 194 million weighted average diluted shares.

*** The Street sees FY15 EPS at $2.18.

Further details will be provided when CommScope releases its fourth quarter and full year 2014 financial results on Friday, February 20, 2015 before the market opens. The release will be followed by an 8:30 a.m. EST conference call in which management will discuss fourth quarter and full year 2014 results. The conference call also will be webcast over the Internet.

To participate in the conference call, dial 866-394-7514 (US and Canada only) or +1 706-758-2714. The conference identification number is 61893265. Please plan to dial in 15 minutes before the start of the call to facilitate a timely connection. The live, listen-only audio of the call and corresponding presentation will be available through a link on the Investor Relations Events and Presentations page of CommScope’s website at www.commscope.com.

If you are unable to participate and would like to hear a replay, dial 855-859-2056 (US and Canada only) or +1 404-537-3406. The replay identification number is 61893265 and will be available through March 19, 2015. A webcast replay will also be archived on CommScope’s website for a limited period of time following the conference call.