Commscope Hldg Co Inc Stock Price, News & Analysis

CommScope (COMM) stockholders have approved five key proxy proposals at their annual meeting. The approved measures include: re-election of eight directors (Stephen C. Gray, L. William Krause, Joanne M. Maguire, Thomas J. Manning, Derrick A. Roman, Charles L. Treadway, Claudius E. Watts IV and Timothy T. Yates) for terms ending in 2026, ratification of Ernst & Young LLP as the independent auditor for 2025, approval of executive compensation on a non-binding advisory basis, and additional shares for the 2019 Long-Term Incentive Plan. Series A Convertible Preferred Stock holders separately re-elected Scott H. Hughes and Patrick R. McCarter as directors through 2026.

CommScope (NASDAQ: COMM) reported strong Q1 2025 financial results with net sales of $1.11 billion, up 23.5% year-over-year. The company achieved GAAP income from continuing operations of $289.7 million ($1.06 per share), compared to a loss in Q1 2024. Core non-GAAP adjusted EBITDA reached $245.2 million, marking a 159.2% increase. The CCS segment led growth with an 88% year-over-year increase in data center revenue. Following the sale of its OWN segment and DAS business unit to Amphenol Corporation, CommScope used proceeds to reduce debt, with next credit maturity due in 2027. The company ended Q1 with strong liquidity of $856 million and announced a new $50 million share repurchase program. Management confirmed 2025 Core adjusted EBITDA guidance of $1.00-1.05 billion.

CommScope (COMM), a global network connectivity leader, has announced it will release its first quarter 2025 financial results on Thursday, May 1, before market opening. The company will host a conference call at 8:30 a.m. Eastern where management will discuss the quarterly performance. Investors can access the live audio call through CommScope's Investor Relations website's Events and Presentations page. A replay of the webcast will be temporarily available on the company's website after the call.

CommScope (NASDAQ: COMM) has announced the sale of its vCCAP Evo Virtual Converged Cable Access Platform to Vidanet, a Hungarian cable services provider. The deal includes CommScope's E6000r High Density and R-PHY shelves to support Vidanet's transition to a Distributed Access Architecture (DAA) network.

The vCCAP Evo solution will serve as the main management component of Vidanet's DAA deployment, enabling the move of DOCSIS signal generation to E6000 series R-PHY shelves. The platform features centralized, automated provisioning, configuration, and monitoring capabilities. Vidanet will also implement CommScope's Intelligent Access Controller (IAC) for enhanced management features.

The deployment includes installation in a centralized hub and R-PHY shelves in select cities and suburbs, with implementation support from HFC Technics. The solution offers advantages such as minimal service disruptions during deployment, efficient device management, and reduced power consumption compared to traditional hardware-based cores.

CommScope (NASDAQ: COMM) has announced its new PON Evo™ suite of products, developed through a strategic partnership with Altice Labs. The collaboration integrates CommScope's PON and vBNG solutions with Altice Labs' dual-density XGS PON technologies into a unified architecture.

The partnership aims to address declining average revenue per user (ARPU) by facilitating migration from GPON to XGS-PON, and potentially 50G PON, all on the same infrastructure. The solution features Altice Labs' dual density XGS-PON SFP and dual XGS-PON SFP+ solutions, significantly increasing PON port density.

This comprehensive FTTH portfolio positions CommScope as a single-source partner for next-generation fiber networks, complementing their existing hybrid fiber coax (HFC) solutions.

CommScope (NASDAQ: COMM) has launched the Propel XFrame™ solution, a new floor-mounted fiber frame designed for high-density data centers and high-performance computing facilities. The solution, set to be available globally by the end of Q2, addresses space optimization and scalability challenges in data centers affected by AI deployments and high-density fiber mesh architectures.

Key features include:

• Low profile design with multiple deployment configurations
• Compatibility with various Propel components and standardized connector types
• Front access to all panels for reduced labor costs
• Horizontal and vertical cable management for organized cabling
• Flexible installation options including wall placement, back-to-back, or freestanding configurations

The modular solution aims to simplify high-density fiber cross-connects through single-length patch cords and preterminated breakout assemblies and splicing.

CommScope (NASDAQ: COMM) reported its Q4 and full-year 2024 results, showing mixed performance. In Q4, net sales increased 26.6% year-over-year to $1.17 billion, with the company reporting a loss from continuing operations of $65.2 million. Q4 Core adjusted EBITDA improved significantly to $240.4 million, representing a 68.7% increase.

For full-year 2024, net sales decreased 7.9% to $4.21 billion, with a loss from continuing operations of $461.0 million. The company generated $273.1 million in operating cash flow and $247.8 million in free cash flow. Core adjusted EBITDA remained flat at $756.4 million.

The company's CCS segment showed strong performance with a 36.3% increase in net sales to $754.0 million. CommScope ended 2024 with $663.3 million in cash and total liquidity of approximately $1.1 billion. The company completed its previously announced sale of OWN segment and DAS business unit to Amphenol on January 31, 2025.

CommScope (NASDAQ: COMM) has unveiled new AI-driven solutions through RUCKUS Networks, integrating generative, edge, and intent-based AI features with its Wi-Fi 7 portfolio. The company announced a partnership with Nokia to combine Nokia's optical LAN solution with RUCKUS Wi-Fi APs and the RUCKUS One® platform, promising to reduce total cost of ownership by 50%.

Key innovations include IntentAI™, a business-objective-driven network management solution; GenAI Powered Zero-Touch Network for automated provisioning; and EquiFlex™, which uses edge-based AI to improve network capacity by up to 20%. The company also introduced template-based configuration management and expanded its Wi-Fi 7 portfolio with new indoor and outdoor access points, including the industry's first 6 GHz Standard Power Certified outdoor Wi-Fi 7 solution.

CommScope (NASDAQ: COMM) has announced an enhanced collaboration with the National Content & Technology Cooperative (NCTC) to provide improved access to network solutions for NCTC members. The partnership will benefit independent broadband and pay-TV service providers serving small and midsized communities across all U.S. states and territories, reaching approximately one-third of U.S. households.

Key aspects of the collaboration include enhanced purchasing options through a dedicated distribution partner, assistance with Broadband Equity Access and Deployment (BEAD) program funding for rural FTTH network deployments, and resources for efficient fiber network design. CommScope will provide its Build America, Buy America (BABA)-compliant portfolio of FTTH solutions to help independent service providers improve and manage their broadband networks.