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CommScope Holding Company, Inc. - $COMM STOCK NEWS

Welcome to our dedicated page for CommScope Holding Company news (Ticker: $COMM), a resource for investors and traders seeking the latest updates and insights on CommScope Holding Company stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect CommScope Holding Company's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of CommScope Holding Company's position in the market.

News
CommScope to Release Fourth Quarter and Full Year 2023 Financial Results on February 29
Rhea-AI Summary
CommScope Holding Company, Inc. is set to release its Q4 and full year 2023 financial results on February 29th, followed by a conference call. The live audio will be available on the Investor Relations website, with a webcast replay archived for a limited time.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.71%
Tags
earnings
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News
CommScope Unveils SYSTIMAX 2.0 Providing Innovative Solutions to Address Network Infrastructure Challenges
Rhea-AI Summary
CommScope (NASDAQ: COMM) has announced SYSTIMAX 2.0 enhancements, the next generation of its SYSTIMAX building and data center connectivity portfolio, providing customers with the latest structured cabling solutions. The enhancements include GigaSPEED XL5™ technology, VisiPORT™ solution, and an enhanced SYSTIMAX Assurance™ program, all aimed at supporting customers' network evolution within a fluid business environment.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.61%
Tags
none
-
News
CommScope Completes Divestiture of Home Networks Business to Vantiva
Rhea-AI Summary
CommScope (COMM) closes transaction to sell Home Networks Business to Vantiva (VANTI)
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.86%
Tags
none
News
Wi-Fi Alliance Selects RUCKUS Wi-Fi 7 Platform for Wi-Fi CERTIFIED 7 Interoperability Certification Test Bed
Rhea-AI Summary
CommScope (COMM) RUCKUS Wi-Fi 7 AP selected for Wi-Fi CERTIFIED 7 interoperability certification test bed. The device is the only commercial access point in the test bed to deliver unmatched interoperability for the platform across Wi-Fi CERTIFIED 7 devices. The RUCKUS Wi-Fi 7 AP platform represents the next step in Wi-Fi device performance, with extreme speeds, low latency, and increased capacity to deliver exceptional user experiences.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.46%
Tags
none
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News
CommScope Reports Third Quarter 2023 Results
Rhea-AI Summary
CommScope Holding Company, Inc. (COMM) reported a 32.8% decrease in net sales to $1.600 billion and a GAAP net loss of $828.7 million in Q3 2023. Non-GAAP adjusted EBITDA was $248.6 million, and cash flow generated by operations was $138.8 million. The company experienced challenges in its CCS, OWN, and ANS segments, prompting a reduction in Core adjusted EBITDA guideposts to $1.00 to $1.05 billion for the remainder of 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
earnings
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News
CommScope Announces Preliminary Third Quarter 2023 Results
Rhea-AI Summary
CommScope Holding Company, Inc. (NASDAQ: COMM) has reported preliminary third quarter results. Consolidated net sales were $1.60 billion, with core net sales at $1.35 billion. The company reported a GAAP net loss of $829 million, including non-cash asset impairments of $895 million. Core adjusted EBITDA was $246 million. CommScope has revised its adjusted EBITDA guideposts down and now expects full year 2023 core adjusted EBITDA to be in the range of $1.00 to $1.05 billion.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-38.84%
Tags
earnings
News
CommScope to Release Third Quarter 2023 Financial Results on November 9
Rhea-AI Summary
CommScope to release Q3 2023 financial results on November 9
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2%
Tags
earnings
-
News
HORACIO FACCA JOINS ORIGIN MERCHANT PARTNERS TO LEAD U.S TECHNOLOGY PRACTICE
Rhea-AI Summary
Horacio Facca joins Origin Merchant Partners as Managing Director
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2%
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none
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News
CommScope and Comcast Achieve Symmetrical 4 Gbps Speeds in Lab Test Using DOCSIS 4.0 FDX Amplifiers
Rhea-AI Summary
Comcast and CommScope have achieved a new milestone in the development of DOCSIS 4.0 Full-Duplex DOCSIS (FDX) amplifiers. Comcast generated speeds exceeding symmetrical 4Gbps in lab testing using CommScope MiniBridger FDX amplifiers. This achievement will enable Comcast to accelerate its deployment of FDX at scale and provide a better user experience for customers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2%
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none
News
CommScope Announces Launch of DOCSIS 4.0 ESD RF Amplifier and Optical Node Platforms with Support of Up To 1.8 GHz
Rhea-AI Summary
CommScope launches next-generation platforms for DOCSIS 4.0 operation, offering a clear path to 10G networks.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.81%
Tags
none
Stock COMM logo
CommScope Holding Company, Inc.

Nasdaq:COMM

COMM Rankings

#3735 Ranked by Market Cap
#5346 Ranked by Stock Gains
N/A Ranked by Dividends

COMM Stock Data

211.70M
187.57M
1.82%
82.29%
3.83%
Radio and Television Broadcasting and Wireless Communications Equipment Manufacturing
Manufacturing
Link
United States of America
CLAREMONT

About COMM

everyone communicates. it’s the essence of the human experience. how we communicate is evolving. technology is reshaping the way we live, learn and thrive. the epicenter of this transformation is the network—our passion. our experts are rethinking the purpose, role and usage of networks to help our customers increase bandwidth, expand capacity, enhance efficiency, speed deployment and simplify migration. from remote cell sites to massive sports arenas, from busy airports to state-of-the-art data centers—we provide the essential expertise and vital infrastructure your business needs to succeed. the world’s most advanced networks rely on commscope connectivity.