In Q4 2025, CommScope generated net sales of 514500000, up 23.9% year-over-year. GAAP loss from continuing operations was 50300000, while Non-GAAP adjusted EBITDA increased to 64700000 with margin expanding to 12.6%. Cash flow from operations was 281300000 and free cash flow reached 255500000.
CommScope delivered an outstanding third quarter in 2025, with consolidated net sales reaching $1.63 billion, a 50.6% increase year-over-year. Non-GAAP adjusted EBITDA surged by 97.1% to $402.5 million, marking the sixth consecutive quarter of growth. The company also reported strong cash flow generation, ending the quarter with $705.3 million in cash and cash equivalents.
CommScope's first quarter of 2025 saw net sales increase by 23.5% year-over-year to $1.11 billion, with GAAP income from continuing operations of $289.7 million. Core non-GAAP adjusted EBITDA significantly improved by 159.2% to $245.2 million, demonstrating a strong start to the year driven by growth across all segments.
CommScope reported a 26.6% increase in net sales to $1.17 billion and an 86.9% increase in non-GAAP adjusted EBITDA to $223.1 million for the fourth quarter of 2024. The company's core non-GAAP adjusted EBITDA increased by 68.7% to $240.4 million. Strategic debt refinancing and the sale of the OWN and DAS businesses have strengthened the company's financial position.
CommScope's third quarter 2024 results showed a slight increase in net sales and a significant improvement in Core adjusted EBITDA compared to the previous year. The company is divesting its OWN segment and DAS business unit, focusing on core segments: CCS, NICS (excluding DAS), and ANS. Visibility remains limited due to uncertain network upgrade timing.
CommScope reported Q2 2024 consolidated net sales of $1.39 billion and GAAP income from continuing operations of $74.8 million. Core net sales were $1.05 billion, and core non-GAAP adjusted EBITDA was $201.1 million. The company is selling its OWN segment and DAS business unit to Amphenol Corporation for approximately $2.1 billion in cash.
CommScope reported a challenging first quarter with a significant decline in net sales and adjusted EBITDA due to lower demand across all segments. However, the company saw early signs of recovery in some businesses and expects the first quarter to be the lowest revenue and adjusted EBITDA quarter of the year. They are focused on cost management and evaluating capital structure alternatives to address upcoming debt maturities.
CommScope's Q4 2023 net sales decreased by 38% year-over-year to $1.186 billion, with a GAAP loss from continuing operations of $339.0 million. Non-GAAP adjusted EBITDA declined by 49% to $190.7 million, and the company reported a non-GAAP adjusted loss per share of $0.02. The company is targeting an additional $100 million of cost savings in early 2024.
CommScope reported a significant decrease in net sales and adjusted EBITDA for Q3 2023, primarily due to lower order rates in the CCS, OWN, and ANS segments. The company is implementing additional cost savings measures and expects difficult market conditions to persist. Despite the challenges, liquidity remained strong.
CommScope's Q2 2023 results showed a decline in net sales by 16.6% to $1.918 billion and a decrease in adjusted EBITDA by 13.4% to $259.5 million compared to the prior year. The company faced challenges due to macroeconomic conditions and customer inventory adjustments, particularly in the CCS and OWN segments. However, cost efficiencies and strong performance in the NICS segment partially offset these declines. The company is reducing Core adjusted EBITDA guideposts to a range of $1.15 to $1.25 billion.
CommScope's first quarter 2023 results showed a decrease in net sales by 10.2% year-over-year to $2.00 billion. However, the company saw a significant improvement in Core adjusted EBITDA, increasing by 37% to $315.3 million. The company is maintaining its expectation to deliver Core adjusted EBITDA in the $1.35 to $1.5 billion range.
CommScope reported a 4.2% increase in net sales to $2.318 billion for Q4 2022. Core net sales increased by 10.2%. The company's GAAP net loss was $(1.109) billion, while non-GAAP adjusted EBITDA reached $376.2 million. Cash flow generated by operations was $386.8 million, and non-GAAP adjusted free cash flow was $402.8 million.
CommScope reported a 13.1% year-over-year increase in net sales to $2.38 billion for the third quarter of 2022. GAAP net income improved to $22.9 million, or $0.04 per share, compared to a net loss of $(124.2) million in the prior year period. Non-GAAP adjusted EBITDA increased 34.2% to $347.6 million.
CommScope reported a 5.3% increase in net sales to $2.30 billion and a GAAP net loss of $61.0 million. Core net sales increased by 8.5% year-over-year, driven by growth in Connectivity and Cable Solutions and Outdoor Wireless Networks. The company reaffirms its commitment to full year 2022 Core adjusted EBITDA between $1.15 - $1.25 billion.
CommScope reported a 7.6% increase in net sales compared to the same quarter last year, reaching $2.23 billion. However, the company experienced a net loss of $139.9 million, and a decrease in Non-GAAP adjusted EBITDA to $253.3 million. The company is focused on pricing initiatives to recover inflation and expects margin improvement in the second half of the year.
CommScope's Q4 2021 results showed a 4.3% increase in net sales year-over-year, reaching $2.224 billion. However, the company experienced a GAAP net loss of $87.1 million, and a decrease in non-GAAP adjusted EBITDA to $260.6 million, reflecting the impact of supply chain issues and inflation. The company is implementing CommScope NEXT initiatives to address these challenges.
CommScope reported a decrease in net sales by 3% year-over-year to $2.105 billion. The company experienced a GAAP net loss of $124.2 million, and non-GAAP adjusted EBITDA decreased by 24.2% to $259.1 million.
CommScope reported a 3.9% year-over-year increase in net sales to $2.185 billion for the second quarter of 2021. The company's GAAP net loss decreased by 52.1% compared to the prior year period. Non-GAAP adjusted EBITDA increased 10.0% to $307.7 million.
CommScope's first quarter 2021 results showed a slight increase in net sales and a significant reduction in net loss compared to the same period last year. The company is progressing with its CommScope NEXT strategy, including the planned spin-off of the Home Networks business.
CommScope reported Q4 2020 results with net sales of $2.132 billion and a GAAP net income of $23.9 million, or $0.05 per share. Non-GAAP adjusted EBITDA increased 11.9% to $362.2 million. The company highlighted the continued momentum in Broadband Networks with a 17.3% annual increase in net sales and introduced "CommScope NEXT" to drive future growth and optimize business processes.
CommScope reported Q3 2020 results with net sales of $2.168 billion, a GAAP net loss of $116.3 million, and non-GAAP adjusted EBITDA of $341.9 million. The Broadband Networks segment grew approximately 20% sequentially and year over year. The company generated better than expected cash flow, with year-to-date cash flow from operations over $338 million and non-GAAP adjusted free cash flow over $350 million.
CommScope reported net sales of $2.103 billion, a GAAP net loss of $321.1 million, and non-GAAP adjusted EBITDA of $279.8 million. The company plans to resume debt repayment in the third quarter.
CommScope reported a net sales increase of 84.9% year over year to $2.03 billion, primarily due to the ARRIS acquisition. However, the company experienced a net loss of $159.9 million, or $0.89 per basic share. Non-GAAP adjusted EBITDA increased 10.9% to $231.2 million.
CommScope's Q4 2019 net sales increased by 117.3% to $2.30 billion, largely due to the ARRIS acquisition. However, the company reported a net loss of $(450.5) million, driven by goodwill impairment charges. Non-GAAP adjusted net income was $106.6 million, or $0.46 per diluted share.