CommScope, Inc. (COMM) announced that it has inked a licensing agreement with AFL, a leader in fiber optic solutions to manufacture CommScope’s fiber-to-the-home hardened connectivity solutions. This partnership represents a significant step to support the ‘Buy America, Build America’ initiatives and ensure eligibility for funding under the Broadband Equity Access Deployment program.Along with bringing Prodigy solutions to its customers, AFL’s facilities will also help in meeting the growing global demand f ...

CommScope Holding Company, Inc. (COMM) recently collaborated with Nokia Corporation (NOK) to develop a cutting-edge AI-driven solution for deploying seamless in-building and campus-wide connectivity to cater to the needs of the former’s diverse industry verticals.COMM Integrates Wi-Fi With Fiber SolutionPer the partnership, CommScope will combine RUCKUS Network’s industry-leading enterprise Wi-Fi and switching solutions with Nokia’s best-in-class fiber-based Optical LAN to create an integrated infrastructur ...

Press Release   Nokia and RUCKUS Networks collaborate to deliver integrated fiber and Wi-Fi in-building/campus connectivity The joint solution efficiently addresses in-building and campus connectivity needs across key industries, including real estate/MDUs, hospitality, healthcare, and education.The integrated fiber and Wi-Fi solution can be deployed by Telco, Cable, Managed, and LAN service providers, accelerating time-to-market and reducing operational costs.Partnership combines the expertise of Nokia an ...

CommScope Holding Company, Inc. (COMM) recently expanded its ValuLine HX antenna portfolio with the introduction of the HX6-611-6WH/B antenna. This antenna is set to revolutionize the way network operators scale their operations by providing a high-capacity microwave backhaul solution that meets the demands of future networks. By operating seamlessly in both the 6 GHz and 11 GHz bands, the HX6-611-6WH/B ensures reliable, long-haul connectivity, making it a critical asset for mobile network operators (MNOs) ...

CommScope (COMM) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.Individual inve ...

After reaching an important support level, CommScope Holding Company, Inc. (COMM) could be a good stock pick from a technical perspective. COMM recently experienced a "golden cross" event, which saw its 50-day simple moving average breaking out above its 200-day simple moving average.A golden cross is a technical chart pattern that can signify a potential bullish breakout. It's formed from a crossover involving a security's short-term moving average breaking above a longer-term moving average, with the most ...

CommScope Holding Company, Inc. (COMM) reported soft second-quarter 2024 results, wherein both the top and bottom lines missed the respective Zacks Consensus Estimate. Lower capital spending from customers, inventory adjustments, macroeconomic challenges and weak demand in several verticals led to top-line contraction year over year.Net IncomeOn a GAAP basis, net income in the second quarter was $28.2 million or 13 cents per share against a net loss of $115.7 million or a loss of 55 cents per share in the y ...

财务数据和关键指标变化 - 公司第二季度实现净销售额13.87亿美元,同比下降13%,主要受ANS和NICS业务下滑拖累 [9][30] - 公司第二季度调整后EBITDA为3.02亿美元,同比增长20% [9][30] - 公司第二季度调整后每股收益为0.34美元,同比增长100% [30] - 公司核心业务(不含OWN和DAS)第二季度净销售额为10.54亿美元,同比下降17% [31] - 公司核心业务第二季度调整后EBITDA为2.01亿美元,基本持平去年同期 [31] - 公司核心业务第二季度调整后EBITDA占收入比重由15.9%提升至19.1% [50] 各条业务线数据和关键指标变化 CCS业务 - CCS业务第二季度净销售额为7.28亿美元,同比增长5% [34] - CCS业务第二季度调整后EBITDA为1.71亿美元,同比增长107% [35] - CCS业务第二季度调整后EBITDA占收入比重为23.5%,主要受成本管控和产品组合改善影响 [35][36] - CCS业务中数据中心和超大规模云业务表现强劲,第二季度收入环比增长20% [36] - 尽管CCS订单有所改善,但仍低于2021和2022年的历史水平 [36] NICS业务 - 核心NICS业务第二季度净销售额为1.32亿美元,同比下降44% [37] - 核心NICS业务第二季度调整后EBITDA为负300万美元,同比下降5900万美元,主要受RUCKUS收入下滑和存货减值影响 [37][38] - RUCKUS业务渠道库存已基本正常化,有望支撑第三季度收入改善 [38] - 公司正在推进RUCKUS One和Wi-Fi 7等新产品,以及垂直行业市场策略,有望中长期提升市场份额 [21][38] ANS业务 - ANS业务第二季度净销售额为1.93亿美元,同比下降43%,受客户库存调整和升级延迟影响 [39] - ANS业务第二季度调整后EBITDA为3300万美元,同比下降47%,主要受收入下滑影响 [39] - 公司推出FDX产品有望在未来几个季度对ANS业务产生积极影响 [40] - ANS业务有望在未来几年的升级周期中受益,公司拥有最大的安装基础和全套产品 [40] 各个市场数据和关键指标变化 - 公司数据中心和超大规模云业务受益于GenAI需求增长,表现强劲 [15][55][57] - 宽带业务订单和收入仍低于2021和2022年水平,客户正在评估BEAD等政府计划的影响 [17][36] - 公司预计BEAD计划推迟至2025年下半年 [19] 公司战略和发展方向及行业竞争 - 公司已宣布出售OWN和DAS业务给安费诺,预计2025年上半年完成交易 [10][11] - 公司核心业务将包括CCS、ANS和精简后的NICS业务 [12] - 公司正在推进CommScope NEXT计划,通过成本管控和新产品开发提升盈利能力 [12][61][63] - 公司在数据中心和超大规模云业务方面有较强竞争力,正在投资扩大产能 [15][16][55][57] - 公司在宽带和ANS业务方面正在推出新产品,如统一DOCSIS 4.0和虚拟CMTS,以应对升级周期 [24][25][27] 管理层对经营环境和未来前景的评论 - 公司对中长期发展保持乐观,但短期需求改善的时间和幅度仍存在不确定性 [29] - 公司预计第三季度核心业务收入和调整后EBITDA将小幅环比改善 [49] - 公司预计2024年全年核心业务调整后EBITDA在7-8亿美元区间,自由现金流基本持平 [49] - 公司将继续评估资本结构优化方案,包括使用OWN和DAS交易收益、资产出售等 [51] 问答环节重要的提问和回答 问题1 **Meta Marshall 提问** 公司在数据中心业务是否有机会获得更多市场份额 [55] **Chuck Treadway 回答** 公司认为在数据中心和云GenAI项目方面有较强竞争力,已在第一半年获得一定市场份额,但对增长速度保持谨慎态度 [56][57] 问题2 **Samik Chatterjee 提问** CommScope NEXT计划已实现的成本节约规模,以及未来还有多大空间 [60][61] **Kyle Lorentzen 回答** 公司已实现1亿美元的成本节约,未来保持当前利润率水平是可行的,但也存在一定上行空间 [61][62][63] 问题3 **George Notter 提问** CCS业务第二季度利润率提升中是否存在一次性因素 [66][67] **Kyle Lorentzen 回答** CCS业务第二季度利润率提升主要受产品组合改善和成本管控,公司预计未来几个季度利润率水平可维持在相近水平 [69]

For the quarter ended June 2024, CommScope (COMM) reported revenue of $1.39 billion, down 27.7% over the same period last year. EPS came in at $0.34, compared to $0.19 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $1.39 billion, representing a surprise of -0.24%. The company delivered an EPS surprise of -8.11%, with the consensus EPS estimate being $0.37.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they ...

业绩总结 - 2024年第二季度核心净销售额为10.5亿美元，较去年同期下降17%[8][13][16] - 2024年第二季度整体净销售额为13.9亿美元，较去年同期下降13%[8][13][17] - 核心调整后EBITDA为2.01亿美元，较去年同期下降0.3%[9][13][24] - 整体调整后EBITDA为3.02亿美元，较去年同期增长20%[9][13][24] - 核心调整后EBITDA利润率为19.1%，较去年同期增长320个基点[9][13][24] - 整体调整后EBITDA利润率为21.8%，较去年同期增长590个基点[9][13][24] - 核心调整后每股调整后收益为0.34美元，较去年同期增长100%[9][13][24] 财务状况 - 2024年第二季度末净杠杆率为9.7倍，期末流动性为8.8亿美元[10][12][46] - 2024年第二季度净销售额为1386.9百万美元，较2023年同期的1588.8百万美元下降了12.6%[51] - 2024年6月30日现金及现金等价物为345.9百万美元，较去年底的543.8百万美元下降了36.5%[58] - 2024年6月30日总资产为8821.0百万美元，较去年底的9371.9百万美元下降了5.9%[58] - 2024年6月30日总负债为10945.5百万美元，较去年底的11178.6百万美元下降了2.1%[58] 公司业务 - 2024年第二季度CommScope Holding Company, Inc.的总净销售额为1386.9百万美元，同比下降12.7%[74] - 2024年第二季度CommScope Holding Company, Inc.的核心净销售额为1053.6百万美元，同比下降17.0%[77] - NICS分部2024年第二季度调整后EBITDA为33.2百万美元，占销售额的比例为17.2%[82] - 2024年第二季度，CommScope控股公司的调整后EBITDA为1,100百万美元，较之前的530百万美元有显著增长[98] - 2024年第二季度，CommScope控股公司的调整后EBITDA占销售额的比例为15.9%，较之前的11.9%有所增长[98]