CommScope (COMM) Misses Q3 EPS by 12c
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CommScope Reports Third Quarter 2021 Results
November 4, 2021 6:30 AM EDTThird quarter net sales decreased 3% year-over-year for consolidated company Core CommScope third quarter net sales increased 6% year-over-year* Momentum builds in Outdoor Wireless Networks and Venue and Campus Networks as net sales increased 31% and 8% year-over-year, respectively
Third Quarter Highlights
Net sales of $2.105 billion Core net sales of $1.690 billion* GAAP net loss of $124.2 million Non-GAAP adjusted EBITDA of $259.1 million Core adjusted EBITDA of $274.6 million* Cash flow generated by operations of $67.1 million and non-GAAP adjusted free cash flow of $64.3... More