CommScope Reports Strong Second Quarter 2018 Results

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Go back to CommScope Reports Strong Second Quarter 2018 Results

CommScope (COMM) Tops Q2 EPS by 3c, Revenues Beat; Affirms FY18 EPS/Revenue Outlook

July 31, 2018 6:12 AM EDT

CommScope (NASDAQ: COMM) reported Q2 EPS of $0.68, $0.03 better than the analyst estimate of $0.65. Revenue for the quarter came in at $1.24 billion versus the consensus estimate of $1.23 billion.

Second Quarter 2018 Performance

Sales of $1.24 billion, up 6 percent year over yearGAAP operating income of $165 millionNon-GAAP adjusted operating income (excluding special items) of $251 millionGAAP net income of $0.34 per diluted shareNon-GAAP adjusted net income (excluding special items) of $0.68 per diluted share, up 13 percent year over... More