Significant Revenue and EBITDA Growth
CommScope reported net sales of $1.63 billion, a year-over-year increase of 51%, and adjusted EBITDA of $402 million, a year-over-year increase of 97%. This marks the sixth consecutive quarter of sequential EBITDA improvement.
Record-Breaking DOCSIS 4.0 Achievements
CommScope achieved record-breaking speeds of 16.25 gigabits per second at the CableLabs DOCSIS 4.0 event, highlighting the competitive nature of their technology against fiber-to-the-home speeds.
Strong Performance in ANS and RUCKUS Segments
The RemainCo business, consisting of ANS and RUCKUS, delivered net sales of $516 million, up 49% from the previous year, with $91 million in adjusted EBITDA, a 95% increase year-over-year.
Positive Cash Flow and Liquidity Position
CommScope ended the quarter with $705 million in cash, an increase of $134 million, and expects to generate additional cash in the fourth quarter.
Increase in Full-Year EBITDA Guidance
CommScope raised its full-year adjusted EBITDA guidance to $1.30 billion to $1.35 billion, reflecting strong performance across its business segments.
Transformational CCS Transaction
The divestiture of the CCS business to Amphenol, expected to close in the first quarter of 2026, will allow CommScope to return significant capital to shareholders and improve leverage.