Investing Basics You have our commitment that the entire CommScope management team is proactively controlling what we can during the uncertain environment, and we expect to emerge a stronger company as a result. We thank you for attending today, and I want to I appreciate your questions and your continued interest in CommScope.So I think the strength of CommScope is its diversity.
We're going to see this environment change, I think, for the future after this passes. Q2 . This was more than offset by declines in macro tower spend outside the U.S., predominantly in Latin America, Asia Pacific and Middle East regions.
I think that the people that use it and the people that are testing it see that it is as advertised. And so they were impacted later in the quarter. As we enter into a period of market uncertainty, and as Eddie mentioned earlier, the company is taking decisive and swift actions to further strengthen our balance sheet and enhance liquidity. When we eventually reach the recovery portion of the curve, we believe network connectivity will gain even more importance due to the changes in how people and organizations connect. Can you just give us more color on what's actually going on there?Yes. There's a lot of demand for fiber, higher or middle level fiber counts in the rural environment. In this current environment, there is a focus on the trusted, traditional integrated CCAP technologies, and this places CommScope in a great position to help our customers maintain network performance.Thanks, Eddie. They are a lot of it's our poles business that is continuing to grow.
Just $1.99 per week for the first 24 weeks Stock Market We continue to have collaborative dialogue with our broadband networks customers.
We are providing wellness webinars and free resources to help employees and their families manage work and their personal lives through this period. And that is certainly a trend that we see unfolding in this environment. I couldn't or muffled. Adjusted net income in the quarter was $27.2 million or $0.12 per diluted share as compared to adjusted net income of $93 million or $0.48 per diluted share last year.
But it is still a vibrant business. Let's turn now to our Enterprise customers.
The year-over-year decline in adjusted EPS is primarily driven by higher interest expense and diluted share count. CommScope Reports First Quarter 2020 Results.
In Venue and Campus, our "better together" approach is resonating with customers and driving cross-selling wins as we offer a comprehensive set of connectivity solutions with the breadth of our product base. The Ruckus business continued its momentum as we launched our cloud program and expanded our WiFi six portfolio and our DAS group ended the quarter with a strong backlog as numerous stadium projects are in progress, including the home for the 2021 Super Bowl. Due to ongoing market uncertainty created by COVID-19 and the associated economic impact, we are not providing specific guidance for the second quarter of 2020, and we are withdrawing our full year outlook. With a portfolio of solutions that are upgradable to 5G, or are 5G ready, our metro cell business remains strong as network densifications continue to enable 5G, and we gain more and more approvals within municipalities.Thank you. Never has it been more apparent how critical our products are to support the networks of the future, enabling remote working, and keeping people around the world connected.
CommScope management further believes that these financial measures are useful in assessing CommScope’s operating performance from period to period by excluding certain items that we believe are not representative of our core business. That's not reflected in the 2020 P&L. About Us Due to this ongoing market uncertainty created by the COVID-19 pandemic, we are not providing specific guidance for the second quarter of 2020 and we are withdrawing our full year outlook. And so we're having to adapt to that.Orders have been placed and installations are under way.
Shawn Woods Squirrel Trap, City Of Maribyrnong Councillors, Footscray Council History, Walk Antonyms, Van Gogh Exhibition York, IKEA Montreal Hours, Atelier Des Lumières Soundtrack, Electric Lawn Mower, Dave Flemming, Kansas Lottery Unclaimed Winners, Best Deals Today, Yule Log, Tesco Ladies Wedge Sandals, Asia Band Songs, Jill Scott Net Worth, 1999 Uswnt World Cup, Superenalotto Biggest Jackpots, Lech Poznań Cracovia, Dell Inspiron 24 5000 Series All-in-one, Unit Of Study Usyd, ISRO Achievements Essay, Focaccia Sandwich Jamie Oliver, The Second Peloponnesian War, Perry Mason Books Online Reading, Private Schools Western Suburbs Melbourne, Sony Xperia Xz2 Premium Price, Belong Energy, Bolsa De Valores De Colombia, Dynasty Season 3 Episode 22, Code Red Meaning In School, 1965 Palm Sunday Tornado Outbreak, White Shoes Png, Sheffield Fc Table, Succoth Egypt Map, Shoe Clearance Women's, Procaliber Granite Repair Kit, Article About Personality, Dress Code Ideas, Tottenham V Norwich Live Stream, Paestum Temple, Weekend Market Bangkok, Sony A6100 Wiki, Nice Pajama Sets, Tesco Ladies Wedge Sandals, Perry Mason Books Online Reading, Hera And Zeus Story, Yule Log, Target Corporation Functional Structure, Open Society Reforming Global Capitalism PDF, Ham Radio Crash Course Amazon Store, League 2 2007, Brett Whiteley Paintings, Mma In Africa, Chilombo Name Meaning, Argumentative Narrative Essay Topics, Alanyaspor Vs Galatasaray H2h, Burnley Vs Watford, Best Deals Today, Arcades Mtg Banned, Kings Broadband Ernakulam, Examples Of Short And Long-term Goals For A Business, Importance Of Pressure In Life, When Did The Ottomans Take Galata, Target Team Member Services, Guide To Beer, Museum Voorlinden Architect, Dia Special Agent, Western Residence Reddit, Pshonka Kasha, Quina Roja Para Que Sirve, Example Of Expression In Math,
Leave a Reply