CommScope Reports First Quarter 2019 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/6/2026
- Wall Street ends lower as solid jobs data fuels hawkish Fed bets
- US nonfarm payrolls blow past expectations in August; unemployment rate steady at 4.1%
- BofA's Hartnett says stay long commodities and gold as 'policy panic' works
- Oil ends week higher on renewed US-Iran strikes, diesel hits record
- TikTok owner ByteDance said to secure $29.6bn loan for AI push
- After-Hours Movers: LULU, IOT, PATH, DOCU, ASAN, GWRE, ZS, PL, SWBI, OXM
- After-Hours Movers: AVGO, SNOW, HPE, NTAP, NTSK, CHPT, FIVE, TLYS, PVH, RARE
- After-Hours Movers: DELL, PANW, GTLB, CRDO, MDB, HPE, SMCI
- After-Hours Movers: WDAY, ADSK, S, RBRK, MRVL, ULTA, GAP, AFRM
- After-Hours Movers: NVDA, CRM, SNPS, CRWD, OKTA, NTNX
CommScope (COMM) Tops Q1 EPS by 4c, Revenues Beat; Affirms Q2 EPS/Revenue Guidance Below Consensus
May 9, 2019 6:08 AM EDTCommScope (NASDAQ: COMM) reported Q1 EPS of $0.48, $0.04 better than the analyst estimate of $0.44. Revenue for the quarter came in at $1.1 billion versus the consensus estimate of $1.08 billion.
Sales of $1.10 billion decreased 1.9%GAAP operating income of $90.7 million decreased 12.6%Non-GAAP adjusted operating income (excluding special items) increased 1.1% to $190.7 million, or 17.3% of sales, an increase of 50 basis pointsNon-GAAP adjusted EBITDA increased 0.1% to $208.4 million, or 19.0% of sales, an increase of 40 basis pointsGAAP net loss of $(0.01) per basic share compared to net income of $0.17 per diluted shareNon-GAAP adjusted net income (excluding... More