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The infrastructure upgrade for digital transformation, fiber densification and 5G rollout should help the Zacks Communication - Infrastructure industry thrive despite near-term headwinds. ATEX, COMM and BAND are well poised to benefit from the continued transition to cloud networks.
CommScope (COMM) enhances its connectivity portfolio by upgrading the SYSTIMAX technology to SYSTIMAX 2.0 to improve customer satisfaction.
The separation of Home Networks business will enable CommScope (COMM) to focus more on its core operations to support wireline and wireless network convergence.
The telecom equipment supplier made a list of top ESG businesses. It received a higher score than such famous names as Deere and T-Mobile.
Whether you're trading penny stocks or higher-priced companies, what's happening in the stock market today can have a sweeping impact on various trends. Hopefully, I'm telling you something you already know.
CommScope Holding Company Inc.'s stock COMM, +11.26% was up 6% in premarket trading on Thursday. Raymond James upgraded the telecommunications equipment company to market perform from underperform on its view that its risk-reward has come into balance.
Lower capital spending from customers, inventory adjustments, macroeconomic challenges and weak demand in several verticals led CommScope (COMM) to miss third-quarter 2023 earnings estimates.
Although the revenue and EPS for CommScope (COMM) give a sense of how its business performed in the quarter ended September 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
CommScope (COMM) came out with quarterly earnings of $0.13 per share, missing the Zacks Consensus Estimate of $0.14 per share. This compares to earnings of $0.50 per share a year ago.
Beyond analysts' top -and-bottom-line estimates for CommScope (COMM), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended September 2023.