Shares of CommScope Holding Company, Inc. (NASDAQ:COMM – Get Rating) rose 6.4% on Thursday . The company traded as high as $4.97 and last traded at $4.97. Approximately 1,734,729 shares changed hands during mid-day trading, a decline of 41% from the average daily volume of 2,948,840 shares. The stock had previously closed at $4.67. Analysts […]
First Quarter Highlights
Net sales of $2.002 billion
Core net sales of $1.664 billion
GAAP net loss attributable to common stockholders of $11.7 million
Non-GAAP adjusted EBITDA of. | May 4, 2023
Revenues at CommScope s access networks division rose in Q4, but margins are being squeezed as spending shifts to edge elements such as nodes, taps and amps.