COMMSCOPE HOLDING CO. overview

CommScope Holding Company, Inc. (NASDAQ: COMM) (“CommScope” or the “Company”), a global leader in network connectivity solutions, today announced the closing of a comprehensive refinancing (the “Transaction”) with its first-lien secured lenders. The Transaction will enable CommScope to address its upcoming 2025 and 2026 debt maturities and position the Company for future success. As part of the Transaction, CommScope entered into new agreements with a group of its existing first-lien...

CommScope (NASDAQ: COMM) announced today the launch of its SYSTIMAX® Constellation™ edge-based platform for connecting and powering tomorrow’s hyperconnected enterprise. The system combines fault-managed power, hybrid power/data fiber and ceiling-based “Constellation Points” in a star topology to connect a vast number of network devices and systems. Compared to traditional structured cabling networks, the Constellation platform utilizes a radically simplified architecture that is both...

CommScope Holding Company, Inc. (NASDAQ: COMM), a global leader in network connectivity solutions, today reported results for the quarter ended June 30, 2023. Summary of Consolidated Results Q2 Q2 % Change 2023 2022 YOY (in millions, except per share amounts) Net sales $ 1,918.4 $ 2,300.2 (16.6 )% Core net sales (1) 1,588.8 1,876.3 (15.3 ) GAAP net loss (100.4 ) (61.0 ) NM GAAP net loss per share (0.55 ) (0.36 ) NM Non-GAAP adjusted EBITDA (2) 259.5 299.6 (13.4 ) Core adjusted EBITDA (1) 262.5...

CommScope ® (NASDAQ: COMM), a global leader in network connectivity, announced today the company plans to invest $60.3 million over the next four years to expand its manufacturing facilities based in North Carolina. These plans bolster CommScope’s ability to meet U.S. supply demands driven by federal initiatives to bring ‘Internet For All’ – including in underserved and rural broadband markets – and will also enhance production capacity over the next four years. Increased production...

CommScope Holding Company, Inc., a global leader in network connectivity, plans to release its second quarter 2023 financial results on Thursday, August 3, before the market opens. The release will be followed by an 8:30 a.m. Eastern conference call in which management will discuss the results. The live, listen-only audio of the call will be available through a link on the Events and Presentations page of CommScope’s Investor Relations website. The webcast replay will be archived on...

CommScope (NASDAQ: COMM) announced today three new RUCKUS Networks solutions that together offer enterprises and service providers new ways to deploy, manage and operate the next generation of purpose-driven networks. Each provides distinct and valuable advantages when used individually. Together they offer a robust solution for delivering highly reliable user experiences, solving coverage and mobility issues as well as the ability to relieve IT organizations from complex operational demands....

CommScope (NASDAQ: COMM) announced it has been selected by leading neutral host service provider JTOWER to be its partner in providing network operators with greater access to shared broadband infrastructure. Through the partnership, JTOWER will provide outdoor infrastructure sharing for network operators using CommScope’s RF technologies and solutions such as antennas, filters (duplexers) and coaxial cables. “In Japan, 5G networks are currently being rolled out by various network operators,...

CommScope (NASDAQ: COMM), a global leader in home networks, today announced the launch of the SURFboard mAX 6E tri-band mesh Wi-Fi system. The SURFboard mAX 6E’s cutting-edge technology takes advantage of the newly available 6GHz band, providing best-in-class speed and performance for the modern home network. The mAX 6E can easily support multi-gig speeds over a dedicated connection between the two mesh routers while concurrently supporting devices compatible with 6GHz. The mAX 6E is designed...