CommScope Holding Company (COMM) Company Report

CommScope reported strong third-quarter 2025 financial results, with net sales increasing 51% year-over-year to $1.63 billion and adjusted EBITDA growing 97% to $402 million.
The company raised its full-year adjusted EBITDA guidance to between $1.30 billion and $1.35 billion.
Net income from continuing operations improved significantly to $106.9 million, or 38 cents per share, compared to a loss in the prior year.
CommScope is progressing with the strategic sale of its Connectivity and Cable Solutions (CCS) segment to Amphenol for $10.5 billion, expected to close in Q1 2026.

Oct 30, 2025, 4:57 PM

Morningstar

CommScope Reports Strong Q3 2025 Results and Updates CCS Divestiture Timeline

COMM

Earnings

Guidance Update

M&A

CommScope reported strong Q3 2025 net sales of $1.63 billion, a 51% year-over-year increase, and adjusted EBITDA of $402 million, up 97% year-over-year, with adjusted EPS at $0.62 per share.
The company raised its full-year 2025 adjusted EBITDA guidance for CommScope to $1.30 billion to $1.35 billion and for the RemainCo businesses (ANS and Ruckus) to $350 million to $375 million.
The divestiture of the CCS business to Amphenol, approved by shareholders, is now expected to close in the first quarter of 2026, earlier than previously anticipated, enabling significant debt repayment and a special dividend to shareholders.
The RemainCo businesses (ANS and Ruckus) showed strong performance in Q3 2025, with ANS net sales increasing 77% and Ruckus net sales increasing 15% year-over-year, driven by DOCSIS 4.0 deployments and Wi-Fi 7 demand, respectively. Management indicated being in the "early innings" of both upgrade cycles.

Oct 30, 2025, 12:30 PM

Transcript

CommScope Reports Strong Q3 2025 Results and Raises 2025 Guidance

COMM

Earnings

Guidance Update

M&A

CommScope reported Q3 2025 net sales of $1.63 billion, a 51% increase year-over-year, and Adjusted EBITDA of $402 million, up 97% year-over-year.
For the nine months ended September 2025, consolidated net sales were $4.13 billion and Adjusted EBITDA was $981 million.
The company ended Q3 2025 with $705 million in cash and over $1.28 billion in available liquidity.
Shareholders have approved the acquisition of the CCS segment by Amphenol Corporation, which is expected to close in Q1 2026.
CommScope revised its 2025 consolidated Adjusted EBITDA guideposts up to between $1.30 billion and $1.35 billion, and its RemainCo Adjusted EBITDA guidepost up to between $350 million and $375 million.

Oct 30, 2025, 12:30 PM

Presentation

CommScope Announces Strong Q3 2025 Results and Raises Full-Year Guidance

COMM

Earnings

Guidance Update

M&A

CommScope reported strong Q3 2025 net sales of $1.63 billion, a 51% year-over-year increase, and adjusted EBITDA of $402 million, a 97% year-over-year increase, with adjusted EPS at $0.62 per share.
The company raised its full-year 2025 adjusted EBITDA guidance for CommScope to $1.30 billion to $1.35 billion and for RemainCo (ANS and RUCKUS segments) to $350 million to $375 million.
The divestiture of the CCS business to Amphenol was approved by shareholders on October 16th and is now expected to close in Q1 2026, with plans to repay debt and distribute excess cash to shareholders as a special dividend.
CommScope ended Q3 2025 with $705 million in global cash and a net leverage ratio of 5.5x.
Management indicated that both the DOCSIS upgrade cycle and the Wi-Fi 7 refresh are in their "early innings" and are expected to be multi-year processes, driving future growth for the RemainCo businesses.

Oct 30, 2025, 12:30 PM

Transcript

CommScope Reports Strong Q3 2025 Results and Updates CCS Divestiture Timeline

COMM

Earnings

Guidance Update

M&A

CommScope delivered strong Q3 2025 financial results, with net sales of $1.63 billion, a 51% year-over-year increase, and adjusted EBITDA of $402 million, a 97% year-over-year increase. Adjusted EPS for the quarter was $0.62 per share.
The company raised its full-year 2025 adjusted EBITDA guidance for CommScope to $1.30 billion to $1.35 billion and for the RemainCo businesses (ANS and Ruckus) to $350 million to $375 million.
The divestiture of the CCS business was approved by shareholders on October 16th and is now expected to close in Q1 2026. This transaction is anticipated to generate approximately $10 billion in net proceeds, which will be used to repay existing debt, redeem preferred equity, and distribute excess cash to shareholders as a special dividend.
The RemainCo businesses (ANS and Ruckus) showed strong performance in Q3 2025, with net sales of $516 million (up 49% year-over-year) and adjusted EBITDA of $91 million (up 95% year-over-year), driven by increased DOCSIS 4.0 product deployments and demand for Wi-Fi 7 products.

Oct 30, 2025, 12:30 PM

Transcript

CommScope Reports Strong Q3 2025 Results and Raises 2025 Guidance

COMM

Earnings

Guidance Update

M&A

CommScope reported consolidated net sales of $1.63 billion for Q3 2025, marking a 50.6% increase year-over-year.
Consolidated non-GAAP adjusted EBITDA for Q3 2025 was $402.5 million, a 97.1% increase compared to the prior year period.
The company achieved GAAP income from continuing operations of $106.9 million in Q3 2025, a significant improvement from a loss of $96.7 million in Q3 2024.
Cash flow generated by operations was $151.4 million, and free cash flow totaled $135.0 million in Q3 2025.
CommScope raised its 2025 consolidated adjusted EBITDA guidance to $1.30 billion to $1.35 billion and anticipates the CCS deal to close in Q1 2026, with plans to distribute a substantial portion of excess cash to common shareholders as a special dividend following the closing.

Oct 30, 2025, 10:32 AM

8-K

Amphenol Reports Record Third Quarter 2025 Results, Increases Dividend, and Provides Strong Outlook

COMM

Earnings

Dividends

M&A

Amphenol Corporation reported record third quarter 2025 results, with sales of $6.2 billion, up 53% in U.S. dollars and 41% organically, and Adjusted Diluted EPS of $0.93, up 86% compared to the prior year. The company expects full year 2025 sales between $22.66 billion to $22.76 billion and Adjusted Diluted EPS between $3.26 to $3.28.
The Board of Directors approved a 52% increase in the quarterly dividend, raising it to $0.25 per share from $0.165 per share, with the new dividend payable on January 7, 2026.
During the third quarter, Amphenol purchased 1.4 million shares of its common stock for $153 million and paid $201 million in dividends.
Amphenol completed the acquisition of Rochester Sensors in August 2025, and expects the Trexon acquisition to close by the end of the fourth quarter of 2025, and the CCS business from CommScope acquisition to close by the end of the first quarter of 2026.

Oct 22, 2025, 12:00 PM

Press Release

CommScope Stockholders Approve CCS Business Sale

COMM

M&A

Proxy Vote Outcomes

On October 16, 2025, CommScope Holding Company, Inc. stockholders approved the proposed sale of its Connectivity and Cable Solutions (CCS) business to Amphenol Corporation.
The approval was secured with 70% of the company's outstanding stock (as of the September 8, 2025 record date) voting in favor of the transaction.
Stockholders also approved, on an advisory, non-binding basis, certain executive compensation related to the CCS Sale Transaction.

Oct 16, 2025, 8:19 PM

8-K

CommScope Stockholders Approve CCS Business Sale

COMM

M&A

Proxy Vote Outcomes

CommScope stockholders have approved the proposed sale of its Connectivity and Cable Solutions (CCS) business to Amphenol Corporation.
The approval was granted by 70% of the outstanding stock, which voted together as a single class, exceeding the required majority.
The record date for stockholders eligible to vote on the transaction was September 8, 2025.

Oct 16, 2025, 8:15 PM

Press Release

CommScope and Comcast Accelerate DOCSIS 4.0 Rollout

COMM

Product Launch

New Projects/Investments

CommScope and Comcast have accelerated the rollout of DOCSIS 4.0 Full Duplex (FDX) amplifiers, which are now live in every market Comcast operates, delivering multi-gigabit symmetrical speeds to millions of homes.
These DOCSIS 4.0 FDX network upgrades provide symmetrical multi-gigabit speeds and support substantially larger ingest capacity, enhancing network performance and reliability for Comcast subscribers.
CommScope plans to introduce amplifiers and Remote PHY Devices (RPDs) that will support DOCSIS 4.0 Unified operation, including both 1.8 GHz Extended Spectrum DOCSIS (ESD) and FDX networks, with a single device in the coming months.
CommScope will showcase its DOCSIS 4.0 and Unified solutions at SCTE TechExpo 2025 from September 29–October 1 in Washington, D.C..

Sep 29, 2025, 11:00 AM

Press Release

Earnings Transcripts

Quarterly earnings call transcripts for CommScope Holding Company.

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