CommScope (COMM) Tops Q3 EPS by 5c

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Go back to CommScope (COMM) Tops Q3 EPS by 5c

CommScope Reports Third Quarter 2022 Results

November 3, 2022 6:30 AM EDT

Third Quarter Highlights

Net sales of $2.381 billion Core net sales of $1.990 billion* GAAP net income of $22.9 million Non-GAAP adjusted EBITDA of $347.6 million Core adjusted EBITDA of $352.9 million* Cash flow used in operations of $(87.6) million and non-GAAP adjusted free cash flow of $(91.0) million

* References to certain supplementary Core financial measures reflect the results of the Connectivity and Cable Solutions (CCS); Networking, Intelligent Cellular and Security Solutions (NICS), Outdoor Wireless Networks (OWN); and Access Network Solutions segments (ANS), in the aggregate. Core financial measures exclude the results and... More