CommScope (COMM) Tops Q1 EPS by 15c

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CommScope Reports Fourth Quarter and Full Year 2020 Results

February 17, 2021 6:00 AM EST

Fourth quarter bottom-line grows year over year and sequentially Broadband Networks momentum continues with 17.3% annual increase in net sales, with growth in both Network Cable & Connectivity and Network & Cloud Introduces CommScope NEXT to drive future growth that outpaces the market, optimize business processes and unlock shareholder value

Fourth Quarter Highlights

Net sales of $2.132 billion GAAP net income of $23.9 million Non-GAAP adjusted EBITDA of $362.2 million Cash flow from operations of $97.7 million and non-GAAP... More