CommScope Reports Third Quarter 2017 Results

July 19th, 2018

CommScope Holding Company, Inc. (NASDAQ: COMM), a global leader in infrastructure solutions for communications networks, reported sales of $1.13 billion and net income of $51 million, or $0.26 per diluted share, for the quarter ended September 30, 2017. Non-GAAP adjusted net income for the third quarter of 2017 was $107 million, or $0.55 per diluted share. A reconciliation of reported GAAP results to non-GAAP results is attached. In comparison, for the quarter ended September 30, 2016, CommScope reported sales of $1.29 billion and net income of $94 million, $0.48 per diluted share. Non-GAAP adjusted net income for the third quarter of 2016 was $159 million, or $0.81 per diluted share.

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