CommScope (COMM) Q2 Earnings and Revenues Miss Estimates

CommScope (COMM) came out with quarterly earnings of $0.34 per share, missing the Zacks Consensus Estimate of$ 0.37 per share. This compares to earnings of $0.19 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -8.11%. A quarter ago, it was expected that this wireless and broadband network technology company would post a loss of$ 0.23 per share when it actually produced a loss of $0.08, delivering a surprise of 65.22%. Over th ...