CommScope (COMM) Reports Q3 Loss, Lags Revenue Estimates

CommScope (COMM) came out with a quarterly loss of $0.05 per share versus the Zacks Consensus Estimate of $0.33. This compares to earnings of $0.13 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -115.15%. A quarter ago, it was expected that this wireless and broadband network technology company would post earnings of $0.37 per share when it actually produced earnings of $0.34, delivering a surprise of -8.11%.Over the last fou ...