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CommScope(COMM) - 2024 Q1 - Quarterly Results
COMMCommScope(COMM)2024-05-09 10:38

News Release First Quarter Highlights • Cash flow used in operations of (177.7)millionandnonGAAPadjustedfreecashflowof(177.7) million and non-GAAP adjusted free cash flow of (154.1) million (1) See "Non-GAAP Financial Measures" below. "For the first quarter, CommScope net sales declined 30% from the prior year to 1.17billionanddeliveredadjustedEBITDAof1.17 billion and delivered adjusted EBITDA of 153 million, which was higher than our previously provided guidance range but down 51% from the prior year. Adjusted EPS was a loss of $(0.08) per share. Based on current visibility, we expect ...