CommScope Reports Fourth Quarter and Full Year 2019 Results
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CommScope (COMM) Tops Q4 EPS by 12c; Guides Q1 Lower Due to Coronavirus
February 20, 2020 6:33 AM ESTCommScope (NASDAQ: COMM) reported Q4 EPS of $0.46, $0.12 better than the analyst estimate of $0.34. Revenue for the quarter came in at $2.3 billion versus the consensus estimate of $2.28 billion.
We are pleased to finish 2019 on a high note, as we delivered net sales at the midpoint of our guidance, adjusted EBTIDA at the high-end of our targeted range, and adjusted EPS well above our targeted range, said President and Chief Executive Officer Eddie Edwards.
Edwards continued, Despite industry... More
