CommScope (COMM) Tops Q4 EPS by 3c

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CommScope Reports Fourth Quarter and Full Year 2022 Results

February 23, 2023 6:30 AM EST

Fourth Quarter Highlights

Net sales of $2.318 billion Core net sales of $1.926 billion* GAAP net loss of $1.109 billion Non-GAAP adjusted EBITDA of $376.2 million Core adjusted EBITDA of $380.7 million* Cash flow generated by operations of $386.8 million and non-GAAP adjusted free cash flow of $402.8 million

Full Year Highlights

Net sales of $9.228 billion Core net sales of $7.525 billion* GAAP net loss of $1.287 billion Non-GAAP adjusted EBITDA of $1.277 billion Core adjusted EBITDA of $1.250 billion* Cash flow generated by operations of $190.0 million and... More