** Shares of telecom equipment firm CommScope Holding COMM.O surge 26.9% to over 2-mth high of $6.16 on Weds after Q4 results top analysts' expectations
** COMM on course for biggest one-day pct gain since Aug 8
** North Carolina-based network infrastructure provider early Weds posted sales of $1.17 bln, up ~27% y/y, compared to LSEG estimate of $1.11 bln
** Adj EPS of 18 cents beat consensus by 15 cents
** Co said net sales increased across all regions, except the Caribbean and Latin America region in the qtr, while sales in U.S. grew ~30% y/y to $776 mln
** On Jan 31, co completed previously announced sale of the outdoor wireless networks and distributed antenna systems units to Amphenol APH.N
** In Dec, co inked new refinancing agreements with a group of existing lenders, including Apollo APO.N, to push out its 2025 debt maturities to 2029 and 2031
** 5 of 8 analysts covering COMM rate stock "hold", rest recommend "sell", LSEG data shows, with median PT of $5
** Shares closed at $1.94 a year ago
(Lance Tupper is a Reuters market analyst. The views expressed are his own)
((lance.tupper@tr.com 1-646-279-6380))
免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。