CommScope (COMM) Misses Q2 EPS by 1c
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CommScope Reports Second Quarter 2021 Results
August 5, 2021 6:30 AM EDTSecond quarter net sales increased 4% year-over-year for consolidated company Core CommScope second quarter net sales increased 18% year-over-year* Momentum in Broadband Networks continues with 22% year-over-year increase in net sales
Second Quarter Highlights
Net sales of $2.185 billion Core net sales of $1.729 billion* GAAP net loss of $(153.8) million Non-GAAP adjusted EBITDA of $307.7 million Core adjusted EBITDA of $293.1 million* Cash flow generated by operations of $191.6 million and non-GAAP adjusted free cash flow of $197.8... More