CommScope Reports Fourth Quarter and Full Year 2018 Results
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CommScope (COMM) Tops Q4 EPS by 8c, Revenues Miss; Offers Q1 & FY19 EPS/Revenue Guidance
February 21, 2019 6:10 AM ESTCommScope (NASDAQ: COMM) reported Q4 EPS of $0.51, $0.08 better than the analyst estimate of $0.43. Revenue for the quarter came in at $1.0577 billion versus the consensus estimate of $1.06 billion.
Fourth Quarter 2018 Performance
Sales of $1.06 billionGAAP operating income of $49 millionNon-GAAP adjusted operating income (excluding special items) of $179 millionGAAP net loss of $(0.12) per shareNon-GAAP adjusted EPS (excluding special items) increased 9% year over year to $0.51 per diluted shareWe are pleased to deliver fourth-quarter results at the high end of our expectations. Our... More
