CommScope (COMM) Preliminary Q3 Revenue Misses Consensus

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Go back to CommScope (COMM) Preliminary Q3 Revenue Misses Consensus

CommScope Announces Preliminary Third Quarter 2023 Results

October 30, 2023 8:05 AM EDT

Preliminary Third Quarter Results

Consolidated net sales of $1.60 billion Core net sales of $1.35 billion* GAAP net loss of $829 million, which includes non-cash asset impairments of $895 million Core adjusted EBITDA of $246 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 performance of the Home Networks (Home) segment of approximately $250 million of net sales and... More