COMM Q2 2024 Earnings — CommScope Holding Company, Inc. Revenue & Financial Results | Market Cap Arena

COMMCommScope Holding Company, Inc.

$4B

Q2 2024 Earnings

Technology Communication Equipment

Income Statement

Revenue

$1.1B-33.7% YoY

Gross Profit

$344M32.6% margin

Operating Income

$104M9.9% margin

Net Income

$44M4.2% margin

EPS (Diluted)

$0.13

QoQ Revenue Growth

+16.9%

Cash Flow

Operating Cash Flow

$51M

Free Cash Flow

$46M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$8.8B

Total Liabilities

$10.9B

Stockholders' Equity

-$2.1B

Cash & Equivalents

$346M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.1B	$1.6B	-33.7%
Gross Profit	$344M	$493M	-30.3%
Operating Income	$104M	$138M	-24.6%
Net Income	$44M	-$100M	+144.2%

Revenue Segments

C C S

$728M53%

O W N

$256M18%

N I C S

$209M15%

A N S

$193M14%

Geographic Segments

UNITED STATES

$889M64%

Europe Middle East And Africa

$223M16%

Asia Pacific

$168M12%

Caribbean And Latin America

$59M4%

CANADA

$47M3%