0
General

CommScope posts another loss on Home Networks writedown, sales fall 18% in Q2

Thursday 6 August 2020 | 16:28 CET | News
CommScope reported a further fall in results in the second quarter, hurt by lower sales of its home gateways and outdoor wireless networks as well as supply chain constraints. The company said the results were better than expected, with sequential improvement compared to Q1, and it is hoping for further improvements in the second half of the year. 

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: Arris / CommScope
Countries: World
::: add a comment
This article is part of dossier

Coronavirus


Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

CommScope announces passing of COO

Published 06 Aug 2020 09:14 CET | World
CommScope announced that its Chief Commercial Officer Jeff White passed away suddenly. He started only in May at the company. ...

CommScope introduces wireless rapid deployment unit for on-demand wireless connectivity

Published 07 Jul 2020 16:03 CET | World
CommScope announced the Wireless Rapid Deployment Unit (RDU) created by the CommScope Professional Services Team. The platform ...

CommScope prices USD 700 mln debt offering

Published 23 Jun 2020 11:38 CET | World
CommScope said it has priced an offering of USD 700 million worth of  7.125 percent senior unsecured notes due 2028. The company ...

Commscope loss widens as Q1 pro forma revenues fall 18%

Published 07 May 2020 14:59 CET | World
Commscope reported pro forma revenues down 18 percent year-on-year in the first quarter to USD 2.03 billion, and adjusted EBITDA ...