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First Quarter Highlights Net sales of $2.002 billion Core net sales of $1.664 billion* GAAP net loss attributable to common stockholders of $11.7 million Non-GAAP adjusted EBITDA of... | May 4, 2023
Revenues at CommScope's access network solutions unit dropped 5.7% in Q1, but the company expects revenues to be more heavily weighted toward the second half of 2023.
Revenues at CommScope's access networks division rose in Q4, but margins are being squeezed as spending shifts to edge elements such as nodes, taps and amps.
CommScope's shares are up more than in the past 3 months as technical and quantitative metrics suggest a turn. Read why I advise staying away from COMM Stock.
Charter's 'not that big of a client for us at this point,' says CommScope CEO Chuck Treadway. Yet CommScope remains a key supplier of X1 and Flex boxes powered by Comcast's software platform.