Telecom equipment firm CommScope's Q2 sales up 31.7%

Vistance Networks

04/08/2025 12:26

Overview

CommScope Q2 net sales rise 31.7% yr/yr to $1.39 bln

Adjusted EBITDA for Q2 beats estimates, rising 79% to $337.8 mln

Adjusted EPS of $0.44 beats analyst expectations, per LSEG data

Co to sell CCS segment to Amphenol for $10.5 bln in cash

Outlook

CommScope raises 2025 adjusted EBITDA guidance to $1.15-$1.20 bln

Company expects CCS segment sale to close in H1 2026

Proceeds from CCS sale to repay debt, redeem equity, and pay dividends

ANS and RUCKUS positioned for growth post-CCS sale

Result Drivers

ALL SEGMENTS - Net sales increased 31.7% year-over-year, supported by stronger-than-expected results across all segments

RUCKUS DEMAND - RUCKUS segment net sales rose 46.5% due to increased demand and improved channel inventory

ANS GROWTH - ANS segment net sales increased 65% driven by Access Technologies and Broadband Networks Solutions

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Sales
$1.39 bln
Q2 Adjusted EPS
Beat
$0.44
$0.23 (8 Analysts)
Q2 EPS
$0.07
Q2 Net Income
$31.80 mln
Q2 Adjusted EBITDA
Beat
$337.80 mln
$267.20 mln (6 Analysts)

Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 6 "hold" and 3 "sell" or "strong sell"

The average consensus recommendation for the communications & networking peer group is "buy."

Wall Street's median 12-month price target for CommScope Holding Company Inc is $4.00, about 94.7% below its August 1 closing price of $7.79

The stock recently traded at 8 times the next 12-month earnings vs. a P/E of 4 three months ago

Press Release: ID:nBw72BDlha

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)