CommScope (COMM)
November 3, 2022
CommScope (COMM; $9.53; O/P) shares plunged 26% today despite posting better than expected Q3 EBITDA while reiterating all prior EBITDA targets for its “core” business, ex-Home Networks (16% of Q3 sales), which management still plans…
November 3, 2022
CommScope (COMM; $12.87; O/P) reported Q3 non-GAAP EPS of $0.50, which beat the Street’s $0.45 and was in line with our above consensus $0.50. Sales were $2,381mm, which compared to the Street’s $2,296mm and our…
November 1, 2022
We raise our target on the shares of CommScope (COMM; $13.24; O/P) from $13 to $15 ahead of its Q3 results and outlook on Thursday (11/3 before market). We have increased confidence in management’s ability…