CommScope Holding Company has a PEG ratio of 0.34 compared with 0.83 for the industry. The company possesses a Growth Score of A. Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, April 1: CommScope Holding Company, Inc. (COMM) : This network infrastructure provider carriesa Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 72.3% over the last 60 days. Option Care Health has a PEG ratio of 1.20 compare ...

Core Insights - CommScope Holding Company, Inc. has divested its Virtual Converged Cable Access Platform Evolution (vCCAP Evo) and E6000 shelves to Vidanet, facilitating Vidanet's transition to a Distributed Access Architecture (DAA) network [1][2] Group 1: Deal Overview - The divestiture aims to enhance Vidanet's network capabilities by deploying CommScope's vCCAP Evo solution, which will manage the transition to a DAA network [2] - The vCCAP Evo solution allows Vidanet to shift data management from specialized hardware to the E6000 series Remote PHY (R-PHY) shelves, promoting operational simplicity [2][3] Group 2: Technological Advancements - CommScope's vCCAP Evo solution provides flexibility for operators, enabling cost-effective cluster layouts and scalable data capacity without affecting other customers [3] - The deployment includes an intelligent access controller for Vidanet, offering features like zero-touch activation, fault management, and disaster recovery [4] Group 3: Market Position and Financial Outlook - CommScope is positioned as a preferred partner in the telecommunications sector, especially as the industry transitions towards 5G and converged network structures [5] - The virtualization of Vidanet's CMTS core with CommScope's solution is expected to attract more customers and enhance revenue, potentially boosting CommScope's stock performance [6] - CommScope's stock has increased by 375.5% over the past year, significantly outperforming the industry growth of 56.6% [7]

CommScope Holding Company, Inc. (COMM) recently enhanced its Propel portfolio with the launch of the Propel XFrame solution. This cutting-edge floor-mounted fiber frame solution is designed to meet the growing demands of data centers and high-performance computing facilities, providing scalable solutions for an evolving infrastructure landscape. Key Takeaways From COMM’s LaunchAs data centers continue to evolve rapidly, there is an increasing demand for flexible solutions that make the best use of limited s ...

CommScope Holding Company, Inc. (COMM) reported impressive fourth-quarter 2024 results, wherein earnings and revenues surpassed the respective Zacks Consensus Estimate. Find the latest EPS estimates and surprises on Zacks Earnings Calendar.The company’s revenues increased year over year, driven by solid demand across all segments. Management’s strong focus on innovations, strategic expansions and core business also drove the top line.Net IncomeOn a GAAP basis, the net loss in the December quarter was $9.9 m ...

CommScope Company (COMM) Q4 2024 Earnings Call February 26, 2025 04:09 PM ET Company Participants Massimo Disabato - Vice President, Investor RelationsCharles Treadway - President and Chief Executive OfficerKyle Lorentzen - EVP & CFOSteven Fox - Founder & CEOSimon Leopold - Managing DirectorMeta Marshall - Managing DirectorPriyanka Thapa - Equity Research Associate Conference Call Participants Matt Niknam - AnalystAna Goshko - Analyst Operator Good day, and thank you for standing by. Welcome to the CommScop ...

CommScope Holding Company, Inc. (NASDAQ:COMM) Q4 2024 Results Conference Call February 26, 2025 8:30 AM ET Company Participants Massimo DiSabato - VP, IR Chuck Treadway - President and CEO Kyle Lorentzen - EVP and CFO Conference Call Participants Matt Niknam - Deutsche Bank Steven Fox - Fox Advisors Simon Leopold - Raymond James Meta Marshall - Morgan Stanley Priyanka Thapa - JPMorgan Ana Goshko - Bank of America Operator Good day, and thank you for standing by. Welcome to the CommScope's 2024 Full Year and ...

For the quarter ended December 2024, CommScope (COMM) reported revenue of $1.17 billion, down 1.4% over the same period last year. EPS came in at $0.18, compared to -$0.02 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $1.11 billion, representing a surprise of +5.35%. The company delivered an EPS surprise of +350.00%, with the consensus EPS estimate being $0.04.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and ho ...

Exhibit 99.1 CommScope Reports Fourth Quarter and Full Year 2024 Results Fourth Quarter Highlights Full Year Highlights * Core financial measures reflect the results of the Connectivity and Cable Solutions (CCS), Networking, Intelligent Cellular and Security Solutions (NICS), and Access Network Solutions (ANS) segments, in the aggregate, and exclude general corporate costs that were previously allocated to the Outdoor Wireless Networks (OWN) segment, Distributed Antenna Systems (DAS) business unit and Home ...

Financial Performance - For the year ended December 31, 2024, the company's revenues were $4.21 billion, with a loss from continuing operations of $461.0 million[22]. - The company reported a net loss for 2024 of $315.5 million, a significant improvement compared to a net loss of $1,506.8 million in 2023[287]. - The company reported a non-GAAP pro forma adjusted EBITDA of $717.6 million for the year ended December 31, 2024, reflecting annualized savings from cost reduction initiatives of $17.4 million[282]. - Non-GAAP adjusted EBITDA for 2024 was $700.2 million, compared to $664.3 million in 2023, reflecting a 5.5% increase[297]. - The Connectivity and Cable Solutions segment achieved an operating income of $466.1 million in 2024, up from $132.8 million in 2023[301]. - The Networking, Intelligent Cellular and Security Solutions segment reported an operating loss of $44.7 million in 2024, compared to an operating income of $57.6 million in 2023[302]. - The Access Network Solutions segment recorded an operating loss of $80.9 million in 2024, significantly improved from a loss of $476.0 million in 2023[303]. Market and Growth Opportunities - The CCS segment generated net sales of $2.8 billion, accounting for 67.2% of total revenues, while the NICS and ANS segments contributed $0.6 billion (13.1%) and $0.8 billion (19.7%) respectively[23][24][25][26]. - The company anticipates continued growth in demand for connectivity driven by the rise of AI, cloud computing, and high-performance computing, necessitating rapid innovation in data center design and technology[32]. - The shift towards network convergence is expected to continue, with operators integrating voice, video, and data communications into a single network architecture[30]. - The company focuses on high-growth opportunities such as fiber optic connectivity, Wi-Fi 7, and 5G network solutions[69]. - Government-sponsored broadband improvement programs are expected to drive technology and device sales, particularly in the U.S., with more funds anticipated in 2025[31]. Innovation and Product Development - CommScope NEXT initiative has positively impacted net sales, profitability, and cash flow, with expectations for further improvements as demand recovers[41]. - The company plans to introduce new products and scale software solutions to meet growing market demands[48]. - The transition to Wi-Fi 7 is anticipated to deliver high throughput and low latency, enabling advanced applications such as XR and 4K/8K streaming[40]. - The company invested $316.2 million in research and development (R&D) during 2024 to advance product innovation and decrease total cost of deployment and ownership[59]. Financial Position and Cash Flow - As of December 31, 2024, the company had an order backlog of $977.1 million, up from $860.1 million in 2023[70]. - The company expects a majority of its backlog as of December 31, 2024, to be recognized as revenue during 2025[70]. - Cash and cash equivalents increased by $119.5 million during 2024, with approximately 42% held outside the U.S.[283]. - Net cash generated by operating activities for 2024 was $273.1 million, a decrease of 8.1% from $297.3 million in 2023[286]. - Cash used in investing activities for 2024 was $(57.2) million, a significant decrease from $30.9 million generated in 2023[286]. - Capital expenditures for 2024 totaled $26.2 million, with a notable reduction in capital expenditures related to discontinued operations[285]. Debt and Financing - The company anticipates total interest payments on long-term debt to reach $2,906.8 million, with $613.5 million due in 2025[279]. - In 2024, the company repaid $4,338.6 million in long-term debt and issued $4,350.0 million in new long-term debt[290]. - The company completed refinancing transactions including the issuance of $1,000 million in senior secured notes and a new senior secured term loan facility of $3,150.0 million[290]. - The company incurred $59.4 million in original issuance discount and $33.1 million in debt issuance costs related to refinancing transactions in 2024[290]. Customer Relationships and Market Competition - Approximately 19% of consolidated net sales for the year ended December 31, 2024, were derived from the top two direct customers[50]. - The company operates in a highly competitive market with significant domestic and international competition across all segments[56]. - The company maintains long-term relationships with key customers, which helps mitigate risks associated with customer purchasing variability[54]. Goodwill and Impairment - As of January 1, 2024, the company assessed goodwill for impairment and determined that no impairment existed following the reallocation of goodwill after changes in reporting units[311]. - The annual goodwill impairment test for 2024 indicated that the fair value of each reporting unit exceeded its carrying value, with a discount rate range of 9.5% to 14.5%[312]. - The ANS reporting unit has low headroom, posing a risk for future impairment if economic conditions decline or cash flow forecasts decrease materially[313]. - The company reported a goodwill balance of $266.0 million as of December 31, 2024, with a 3.0% excess of fair value to carrying value for the October 1, 2024 test[315]. Revenue Recognition and Accounting Policies - Revenue is primarily generated from product sales, which account for over 90% of total revenue, recognized at the point of shipment[318]. - Revenue recognition follows a five-step approach as defined in ASC 606, ensuring accurate timing and amount of revenue recognized[317]. - The company maintains reserves for inventory based on market conditions, which could lead to material impacts on operations if actual conditions deteriorate[323]. - The company establishes income tax valuation allowances when it is more likely than not that deferred tax assets will not be realized, impacting earnings if adjustments are necessary[324]. - Legal fees related to lawsuits are expensed as incurred, and loss contingencies are accrued when losses are probable and estimable[321]. - The company recognizes income tax benefits only when it is more likely than not that the tax position will be sustained, requiring significant judgment[326].

Group 1: Partnership and Market Expansion - CommScope has partnered with the National Content & Technology Cooperative (NCTC) to enhance broadband access for independent service providers in remote areas of the U.S. [1] - The partnership aims to bridge the technology gap for independent broadband and TV service providers, enabling easier access to advanced network solutions [1][3]. - NCTC serves one-third of all U.S. households and has a strong presence across all 50 states, which will help expand CommScope's market reach [4]. Group 2: Product Offerings and Support - CommScope will provide its Build America, Buy America compliant portfolio and assist NCTC in securing funding under the Broadband Equity Access and Deployment (BEAD) program [3]. - The company offers a comprehensive suite of infrastructure solutions, including wireless and fiber optic technologies, to support FTTH network deployment in underserved areas [3]. Group 3: Financial Performance and Stock Movement - CommScope's shares have increased by 153.4% over the past year, outperforming the industry growth of 44.8% [6]. - Despite the positive stock performance, the company faces challenges such as inventory adjustments and weak demand in certain segments [5].