CommScope (COMM) Tops Q4 EPS by 13c

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Go back to CommScope (COMM) Tops Q4 EPS by 13c

CommScope Reports Fourth Quarter and Full Year 2021 Results

February 17, 2022 6:30 AM EST

Fourth quarter net sales increased 4% year-over-year for consolidated company Core CommScope fourth quarter net sales increased 13% year-over-year* Strong performance in Outdoor Wireless Networks and Venue and Campus Networks as fourth quarter net sales increased 27% and 24% year-over-year, respectively Deferral of planned spin-off of Home Networks business due to supply chain conditions

Fourth Quarter Highlights

Net sales of $2.224 billion Core net sales of $1.747 billion* GAAP net loss of $87.1 million Non-GAAP adjusted EBITDA of $260.6 million Core... More