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CommScope Company (COMM) investor relations material
CommScope Company Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Net sales for Q3 2025 reached $1.63 billion, up 51% year-over-year, with adjusted EBITDA of $402 million, up 97%, marking the sixth consecutive quarter of sequential improvement.
RemainCo (ANS and RUCKUS) delivered $516 million in net sales, up 49% year-over-year, and $91 million in adjusted EBITDA, up 95%.
Shareholders approved the sale of the CCS segment to Amphenol for $10.5 billion, expected to close in Q1 2026.
The company intends to use CCS sale proceeds to repay debt, redeem preferred equity, and fund a special dividend.
Financial highlights
Adjusted EPS for Q3 2025 was $0.62 per share, compared to a loss of $0.06 per share in Q3 2024.
Cash balance ended at $705 million, up $134 million in the quarter; total liquidity at $1.28 billion.
Free cash flow was $135 million, with cash from operations at $151 million.
Gross profit margin for Q3 2025 was 41.0%.
Net leverage ratio stood at 5.5x at quarter end.
Outlook and guidance
Full-year 2025 adjusted EBITDA guidance raised to $1.3–$1.35 billion; RemainCo guidance increased to $350–$375 million.
CCS sale to Amphenol expected to close in Q1 2026, with net proceeds of ~$10 billion to repay debt, redeem preferred equity, and fund a special dividend.
Q4 adjusted EBITDA expected to decline sequentially due to seasonality, especially in RUCKUS.
2025 free cash flow expected to be lower than 2024 due to higher working capital needs.
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