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CommScope Holding (COMM)
NASDAQ:COMM
Earnings Data
Report Date
May 01, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.06Last Year’s EPS
-0.08Same Quarter Last Year
Moderate Sell
Based on 6 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 26, 2025
|% Change Since: 8.38%
|Next Earnings Date:May 01, 2025
Earnings Call Sentiment|Positive
The earnings call presented a positive outlook with significant growth in key areas such as data centers and enterprise fiber, along with successful debt reduction and refined projections for 2025. However, these positives are tempered by annual revenue decline and challenges in the ANS segment.Company Guidance
During the call, CommScope provided guidance for 2025, projecting core adjusted EBITDA in the range of $1.0 billion to $1.05 billion, a significant increase from the $756 million reported in 2024. The company anticipates substantial growth across all business segments, driven by strong demand in its CCS and core NICS businesses. CommScope ended 2024 with core net sales of $4.21 billion, a decrease of 8% year-over-year, and fourth-quarter core net sales of $1.17 billion, a 27% increase from the previous year. The fourth-quarter core adjusted EBITDA was $240 million, reflecting a 69% increase year-over-year, with an adjusted EBITDA margin of 20.6%. Additionally, the company highlighted a positive debt position, having refinanced a portion of its debt and repaid approximately $2 billion with proceeds from selling its OWN and DAS businesses. CommScope expects to achieve a total debt-to-adjusted EBITDA ratio below 6x by the end of 2026.Strong Fourth Quarter Performance
CommScope delivered core net sales of $1.17 billion, a year-over-year increase of 27%, and core adjusted EBITDA of $240 million, a year-over-year increase of 69%. Core adjusted EBITDA as a percentage of revenues was 20.6%, one of the highest since the ARRIS acquisition.
Data Center and Enterprise Fiber Business Growth
The enterprise fiber business drove revenues of $623 million in 2024, a 73% increase year-over-year. In the fourth quarter alone, the enterprise business had $202 million of revenue, an increase of 96% over fourth quarter 2023.
Debt Refinancing and Reduction
CommScope refinanced a portion of its debt and paid down approximately $2 billion of debt, improving its financial position and allowing a focus on business growth and deleveraging.
Projected 2025 Growth
CommScope is projecting 2025 core adjusted EBITDA in the $1.0 billion to $1.05 billion range, with substantial growth expected in all business segments.
Rising Demand in Core NICS
Revenue for Core NICS was up 13% in the fourth quarter compared to the prior year, with adjusted EBITDA up 285%, driven by normalized channel inventory and new product initiatives.
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COMM Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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COMM Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 26, 2025 | $4.89 | $6.17 | +26.18% |
| Nov 07, 2024 | $6.95 | $5.20 | -25.18% |
| Aug 08, 2024 | $2.13 | $2.79 | +30.99% |
| May 09, 2024 | $1.05 | $1.11 | +5.71% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does CommScope Holding (COMM) report earnings?
CommScope Holding (COMM) is schdueled to report earning on May 01, 2025, TBA Not Confirmed.
What is CommScope Holding (COMM) earnings time?
CommScope Holding (COMM) earnings time is at May 01, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is COMM EPS forecast?
COMM EPS forecast for the fiscal quarter 2025 (Q1) is 0.06.
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