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  • May 9, 2024

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    • 3:57PM ET on Thursday May 09, 2024 by Business Wire
      Companies Mentioned: COMM

      The stockholders of CommScope Holding Company, Inc., a global leader in network connectivity solutions, approved five proxy proposals today at the company's annual meeting of stockholders.

      CommScope stockholders re-elected Stephen C. Gray, L. William Krause, Joanne M. Maguire, Thomas J. Manning, Derrick A. Roman, Charles L. Treadway, Claudius E. Watts IV and Timothy T. Yates as directors, each for a term ending at the 2025 annual meeting, and ratified the appointment of Ernst & Young LLP as the company's independent registered public accounting firm for the 2024 fiscal year. The stockholders also approved, on a non-binding advisory basis, the compensation of the company's named executive officers. In addition, the stockholders approved additional shares under the company's 2019 Long-Term Incentive Plan. Additionally, the holders of Series A Convertible Preferred Stock, voting as a separate class, re-elected Scott H. Hughes and Patrick R. McCarter as directors for a term ending at the 2025 annual meeting.

    • 3:57PM ET on Thursday May 09, 2024 by Dow Jones
      Companies Mentioned: COMM
      CLAREMONT, N.C.--(BUSINESS WIRE)--May 09, 2024--
      The stockholders of CommScope Holding Company, Inc., a global leader in network connectivity solutions, approved five proxy proposals today at the company's annual meeting of stockholders.
    • 6:31AM ET on Thursday May 09, 2024 by MT Newswires
      Companies Mentioned: COMM
      06:31 AM EDT, 05/09/2024 (MT Newswires) -- ...
    • 6:30AM ET on Thursday May 09, 2024 by Business Wire
      Companies Mentioned: COMM

      CommScope Holding Company, Inc. (NASDAQ: COMM), a global leader in network connectivity solutions, today reported results for the quarter ended March 31, 2024.

      "As expected, our first quarter was a challenging quarter as we continued to deal with lower demand. On a positive note, we have begun to see early signs of recovery in our Connectivity and Cable Solutions and Outdoor Wireless Networks businesses as order rates increased sequentially in the first quarter for those two businesses. These favorable trends were offset by significantly lower demand for Networking, Intelligent Cellular and Security Solutions and Access Network Systems as customers managed inventory and timing of upgrade cycles. Overall, we continue to be bullish on medium- and long-term recovery in all of our businesses. We continue to manage the levers that we can control, such as customer interface, costs, new product development and capital. We are very focused on supporting our customers and we appreciate their support. We are confident that market conditions will improve and we are well positioned to capture the recovery in all segments," said Chuck Treadway, President and Chief Executive Officer.

    • 6:30AM ET on Thursday May 09, 2024 by Dow Jones
      Companies Mentioned: COMM

      First Quarter Highlights
      -- Net sales of $1.168 billion -- GAAP loss from continuing operations of $(262.1) million -- Non-GAAP adjusted EBITDA of $153.0 million -- Cash flow used in operations of $(177.7) million and non-GAAP adjusted free cash flow of $(154.1) million CLAREMONT, N.C.--(BUSINESS WIRE)--May 09, 2024--

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