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Dec 31, 2022
CommScope Q4 2022 Earnings Report
CommScope's Q4 2022 results reflected strong execution and growth in core net sales and adjusted EBITDA.
Key Takeaways
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.
Net sales increased by 4.2% to $2.318 billion.
Core net sales grew by 10.2% year-over-year.
GAAP net loss was $(1.109) billion due to a goodwill impairment charge.
Non-GAAP adjusted EBITDA increased by 44.4% to $376.2 million.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
CommScope expects to deliver Core adjusted EBITDA within the range of $1.35–$1.5 billion for the full year 2023.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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