CommScope Reports Stronger Than Expected First Quarter 2016 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- Needham Starts NeoVolta (NEOV) at Buy
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
CommScope (COMM) Tops Q1 EPS by 12c
April 28, 2016 7:18 AM EDTCommScope (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

