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24.06.25 - 14:06
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CommScope′s Mittal Parekh Elected to Wireless Broadband Alliance Board of Directors (Business Wire)
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Senior Director for CommScope's RUCKUS Networks business brings wireless network experience, insights to new roleCLAREMONT, N.C.--(BUSINESS WIRE)--#RUCKUSNetworks--CommScope (NASDAQ: COMM), a global leader in network connectivity, announced today that Mittal Parekh, Senior Director, Products for RUCKUS Networks, CommScope, has been elected to the Board of Directors of the Wireless Broadband Alliance (WBA) for a four-year term, effective July 1, 2025. RUCKUS has been an active WBA member since 2010 (through CommScope since 2018) and has been recognized for active participation in WBA's governance and development efforts, as well as being a founding member of WBA's Enterprise Connectivity Forum.
WBA is a global organization that connects people with the latest wireless initiatives by advancing advocacy, industry guidelines, trials and certification through collaboration across a range of connectivity-focused industries. As a member of the board, Parekh will work with other wireless industry leaders from ...
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08.05.25 - 20:36
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CommScope Stockholders Approve Proxy Proposals (Business Wire)
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CLAREMONT, N.C.--(BUSINESS WIRE)--#AnnualMeeting--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 2026 annual meeting, and ratified the appointment of Ernst & Young LLP as the company's independent registered public accounting firm for the 2025 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 di...
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01.05.25 - 12:36
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CommScope Reports First Quarter 2025 Results (Business Wire)
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First Quarter Highlights
Net sales of $1.11 billion
GAAP income from continuing operations of $289.7 million
Core non-GAAP adjusted EBITDA of $245.2 million* (1)
Non-GAAP adjusted EBITDA of $240.3 million (1)
Cash flow used in operations of $(186.9) million and free cash flow of $(202.4) million (1) (2)
* Core financial measures reflect the results of the Connectivity and Cable Solutions (CCS), Networking, Intelligent Cellular and Security Solutions (NICS), and Access Network Solutions (ANS) segments, in the aggregate, and exclude general corporate costs that were previously allocated to the Outdoor Wireless Networks (OWN) segment, Distributed Antenna Systems (DAS) business unit and Home Networks (Home) segment, since these costs were not directly attributable to these discontinued operations. Beginning in the first quarter of 2024, these costs related to our Home segment have been reallocated to our remaining segments and partially offset by income from the Vantiva TSA. Beginning in the first quarter of ...
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23.04.25 - 14:03
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Amphenol Reports Record First Quarter 2025 Results (Business Wire)
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First Quarter 2025 Highlights:
Record Sales of $4.8 billion, up 48% in U.S. dollars and 33% organically compared to the first quarter of 2024
GAAP Diluted EPS of $0.58, up 32% compared to prior year
Record Adjusted Diluted EPS of $0.63, up 58% compared to prior year
GAAP and Record Adjusted Operating Margin of 21.3% and 23.5%, respectively
Operating and Free Cash Flow of $765 million and $580 million, respectively
Completed two acquisitions: LifeSync and CommScope's OWN and DAS businesses
WALLINGFORD, Conn.--(BUSINESS WIRE)--Amphenol Corporation (NYSE: APH) today reported record first quarter 2025 results.
“We are pleased to have closed the first quarter of 2025 with record sales and Adjusted Diluted EPS, both significantly exceeding the high end of our guidance,” said Amphenol President and Chief Executive Officer, R. Adam Norwitt. “Sales increased from prior year by 48%, driven by excellent organic growth in the IT datacom market as well as robust organic growth in the mobile devices, defense and...
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