CommScope Reports Stronger Than Expected First Quarter 2016 Results

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CommScope (COMM) Tops Q1 EPS by 12c

April 28, 2016 7:18 AM EDT

CommScope (NASDAQ: COMM) reported Q1 EPS of $0.48, $0.12 better than the analyst estimate of $0.36. Revenue for the quarter came in at $1.14 billion versus the consensus estimate of $1.11 billion.

GUIDANCE:

CommScope sees Q2 2016 EPS of $0.67-$0.72, versus the consensus of $0.58. CommScope sees Q2 2016 revenue of $1.275-1.325 billion,... More