CommScope(COMM) - 2021 Q1 - Earnings Call Presentation

Financial Performance - Consolidated CommScope's net sales increased by 2% year-over-year, reaching $2.072 billion in 1Q'21 compared to $2.033 billion in 1Q'20 [15] - Core CommScope's net sales increased by 11% year-over-year, from $1.432 billion in 1Q'20 to $1.583 billion in 1Q'21 [15] - Adjusted EBITDA for Consolidated CommScope increased by 25% year-over-year, reaching $273 million in 1Q'21 compared to $219 million in 1Q'20 [15] - Adjusted EBITDA for Core CommScope increased by 25% year-over-year, from $219 million in 1Q'20 to $273 million in 1Q'21 [15] - Adjusted EPS increased by 200%, from $0.12 in 1Q'20 to $0.36 in 1Q'21 [15] Segment Performance - Broadband Networks net sales increased by 29% year-over-year, from $613 million in 1Q'20 to $791 million in 1Q'21 [18] - Outdoor Wireless Networks net sales decreased by 8% year-over-year, from $349 million in 1Q'20 to $323 million in 1Q'21 [23] - Venue and Campus Networks net sales remained flat year-over-year at $470 million [20] - Home Networks net sales decreased by 19% year-over-year, from $601 million in 1Q'20 to $489 million in 1Q'21 [24] Strategic Initiatives - CommScope NEXT expects to generate at least $500 million in non-GAAP adjusted EBITDA, with 50% from growth and 50% from cost optimization [13]