CommScope (COMM) Reports In-Line Q1 EPS

CommScope (NASDAQ: COMM) reported Q1 EPS of $0.52, in-line with the analyst estimate of $0.52. Revenue for the quarter came in at $1.14 billion versus the consensus estimate of $1.14 billion.

• Sales were $1.14 billion, essentially unchanged year over year
• GAAP operating income rose 34 percent to $121 million
• Adjusted operating income (excluding special items) increased 3 percent year over year to $217 million
• Earnings improved significantly to $0.17 per diluted share
• Adjusted earnings per diluted share increased 8 percent year over year to $0.52 per diluted share
• Cash flow from operations of $103 million

For earnings history and earnings-related data on CommScope (COMM) click here.

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