Fourth quarter bottom-line grows year over year and sequentially
Broadband Networks momentum continues with 17.3% annual increase in net sales, with growth in both Network Cable & Connectivity and Network & Cloud
Introduces “CommScope NEXT” to drive future growth that outpaces the market, optimize business processes and unlock shareholder value
Fourth Quarter Highlights
Net sales of $2.132 billion
GAAP net income of $23.9 million
Non-GAAP adjusted EBITDA of $362.2 million
Cash flow from operations of $97.7 million and non-GAAP adjusted free cash flow of $65.1 million
Continued debt repayment with $100 million redemption of 6.00% senior notes due 2025 (“the 2025 Notes”)
Full Year Highlights
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