CommScope Holding Company, Inc. (NASDAQ: COMM) has reported sales of USD847m and a GAAP loss of USD9m, or a loss of USD0.05 of per diluted share, for the quarter ended December 31, 2013.
Non-GAAP adjusted net income was USD54m, or USD0.30 per diluted share.
For the quarter ended December 31, 2012, CommScope reported sales of USD848m and net income of USD11m, or USD0.07 per diluted share. Non-GAAP adjusted net income was USD49m, or USD0.32 per diluted share.
For the full year, sales increased USD158m or five percent to USD3.5bn. GAAP operating income increased USD91m or 38 percent to USD330m while GAAP net income was USD19m, or USD0.12 per diluted share.