CommScope reports Q1 2018 results

CommScope Holding company, Inc. (NASDAQ: COMM), a global provider of infrastructure solutions for communications networks, reported sales of USD 1.12 billion and net income of USD 34 million, or USD 0.17 per diluted share, for the quarter ended March 31, 2018, the company said.

Non-GAAP adjusted net income for the first quarter of 2018 was USD 95 million, or USD 0.49 per diluted share.

In comparison, for the quarter ended March 31, 2017, CommScope reported sales of USD 1.14 billion and net income of USD 34 million, or USD 0.17 per diluted share. Non-GAAP adjusted net income for the first quarter of 2017 was USD 103 million, or USD 0.52 per diluted share.

CommScope helps design, build and manage wired and wireless networks around the world. Discover more at http://www.commscope.com/