MARKET COMPOSITE
COMM - CommScope Holding Company Inc8:00:00 PM 4/25/2024
Price
$0.91
-0.15 (-13.71%)
CommScope Inc., which opened in 1976, is an American global network infrastructure provider company based in Hickory, North Carolina. CommScope is a 1997 spin-off of General Instrument and has over 20,000 employees worldwide, with customers in over 130 countries. The company joined the NASDAQ stock exchange on October 25, 2013. CommScope manufactures the SYSTIMAX and Uniprise brands of enterprise infrastructure of copper Unshielded Twisted Pair cabling, connector panels, jacks and fiber optic cabling, connector panels, racking, and metals. CommScope also manufactures environmentally secure cabinets for FTTN and DSL applications.[clarification needed]
Financials
Quarterly financials
(USD)Dec 2022Q/Q
Revenue2.3B-3%
Gross Profit748.3MM+2%
Cost Of Revenue1.6B-5%
Operating Income-959.3MM-717%
Operating Expenses1.7B-
Net Income-1.1B-4942%
R&D159.4MM-2%
G&A290.1MM+3%
Amortization128.7MM-4%
Interest Expense161.4MM+7%
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