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CommScope sets record with its latest results

CommScope Inc. today announced record third quarter results for the period ended September 30, 2007.


October 31, 2007  


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CommScope Inc. today announced record third quarter results for the period ended September 30, 2007.

It reported sales of $513.6 million and net income of $60.3 million, or $0.81 per diluted share. For the third quarter of 2006, CommScope reported sales of $466.1 million and net income of $43.6 million, or $0.61 per diluted share.

The reported net income for the third quarter of 2006 included after-tax charges of $1.9 million related to restructuring costs. Excluding this special item, adjusted third quarter 2006 earnings were $45.5 million, or $0.64 per diluted share.

“We are pleased to deliver another strong quarter as all of our operating segments continue to benefit from the global demand for bandwidth,” said Frank Drendel, Commscope chairman and CEO.

We believe that video, data intensive applications, mobility and dynamic websites create an ongoing need for infrastructure solutions for communication networks.

All figures quoted are in U.S. dollars.