CommScope (COMM) Tops Q2 EPS by 37c, Beats on Revenue

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Go back to CommScope (COMM) Tops Q2 EPS by 37c, Beats on Revenue

CommScope Reports Second Quarter 2024 Results

August 8, 2024 6:30 AM EDT

Second Quarter Highlights

Consolidated net sales of $1.39 billion Core net sales of $1.05 billion* GAAP income from continuing operations of $74.8 million Consolidated non-GAAP adjusted EBITDA of $302.1 million (1) Core non-GAAP adjusted EBITDA of $201.1 million* (1) Cash flow generated by operations of $50.8 million and non-GAAP adjusted free cash flow of $68.7 million (1)

* Core financial measures exclude the results and performance of the Outdoor Wireless Networks (OWN) segment and Distributed Antenna Systems (DAS) business unit of the Networking, Intelligent Cellular & Security Solutions (NICS) segment of $333 million of net sales and $101 million of non-GAAP adjusted EBITDA.... More