CommScope Hldg Co Q3 EPS $(3.98) Vs $0.04 YoY, Sales $1.60B Vs $2.38B YoY
Portfolio Pulse from Benzinga Newsdesk
CommScope Holding Company reported a Q3 EPS of $(3.98), a significant drop from $0.04 YoY. Sales also decreased to $1.60B from $2.38B YoY.
November 09, 2023 | 11:15 am
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
CommScope's Q3 earnings per share (EPS) and sales have significantly decreased compared to the same period last year.
The significant decrease in both EPS and sales for CommScope in Q3 compared to the same period last year indicates a poor financial performance. This is likely to negatively impact investor sentiment and could lead to a decrease in the company's stock price in the short term.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100