Brief: Commscope Holding Company - Targeting An Additional $100 Million Cost Savings By End Of Q1 2024
09/11/2023 12:19
Nov 9 (Reuters) - CommScope Holding Company Inc
COMM.O :
* COMMSCOPE HOLDING COMPANY INC - WE ARE TARGETING AN
ADDITIONAL
$100 MILLION COST SAVINGS BY END OF Q1 2024
* COMMSCOPE -BASED ON CURRENT VISIBILITY DRIVEN BY WEAKER
DEMAND
OUTLOOK FOR REMAINDER OF 2023, REDUCED CORE ADJUSTED EBITDA
GUIDEPOSTS TO $1.00 TO $1.05 BILLION
Source text for Eikon: ID:nBw47WM7Ma
Further company coverage: COMM.O
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