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CommScope Holding Company, Inc. (NASDAQ:COMM ) Q3 2024 Earnings Conference Call November 7, 2024 8:30 AM ET Company Participants Massimo DiSabato - VP, IR Chuck Treadway - President and CEO Kyle Lorentzen - EVP and CFO Conference Call Participants Meta Marshall - Morgan Stanley Simon Leopold - Raymond James Amit Daryanani - Evercore Samik Chatterjee - JPMorgan Steven Fox - Fox Advisors Tim Savageaux - Northland Capital Markets Operator Welcome to CommScope's 2024 Third Quarter Results Conference Call. [Operator Instructions].
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.
U.S. stock futures were higher this morning, with the Dow futures gaining around 100 points on Thursday.
CommScope (COMM) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
CommScope successfully deploys an AI-driven Wi-Fi 7 solution with AFC Technology at COTA to deliver faster and more reliable connectivity.
CommScope launches SYSTIMAX GigaSHIELD X10D Cat 6A shielded platform to meet the demands of next-generation high-speed copper networks.
CommScope announces cloud-managed RUCKUS Edge platform for Service Delivery at the Network Edge.
The launch of the HX6-611-6WH/B antenna reinforces COMM's position as a leader in network connectivity solutions.
CommScope Holding and Anterix have been highlighted in this Industry Outlook article.
CommScope launches cutting-edge solutions to optimize fiber deployments in rural areas at lower costs.
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