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Commscope Holding Reports $65.2 Million Quarterly Loss
By USinMinutes - Feb 26, 2025, 06:33 AM ET
Last Updated - Feb 26, 2025, 06:33 AM EST
The company records $1.2 billion revenue for Q4 ended Dec 31, 2024
CommScope Holding Company, Inc. [COMM] reported $65.2 million loss for Q4 ended Dec 31, 2024, showing an increase of $348.8 million in the same quarter of the previous year.
The company revealed in its 8-K filing to the SEC dated Feb 26, 2025 that it generated revenue of $1.2 billion for the period, showing an increase of $246 million in the same quarter of the previous year.
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Based in Claremont, NC, the company reported $0.4 earnings per share for the period, compared to $2 in the last quarter.
The company's loss decreased by 84.2% from $414 million in the last quarter.
The revenue increased 26.6% from $923.1 million in the same quarter of the previous year.
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