CommScope Q1 net sales $2.0B (-10% YoY); adjusted EBITDA $312M (+23% YoY)

Vistance Networks, Inc.

2023-Q1 EPS reported -$0.06 revenue$2,001,500,000

Net sales $2.0015B, down 10% YoY; GAAP net loss attributable to common stockholders $11.7M vs loss $139.9M YoY.
Non-GAAP adjusted EBITDA $312M, up 23% from $253M in Q1 2022.
Core net sales (excl. Home segment) $1.664B, down 4% YoY; Core adjusted EBITDA $315.3M, up 37%.
GAAP diluted EPS loss $0.06 vs loss $0.75; non-GAAP adjusted EPS $0.35 vs $0.26.
Cash used in operations $46.1M; adjusted free cash flow negative $39.7M.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Vistance Networks, Inc. reported the quarter ended March 31, 2023 results: revenue $2.002 billion, net income GAAP net loss attributable to common stockholders of $11.7 million, EPS (0.06).

Period: the quarter ended March 31, 2023
Revenue: $2.002 billion
Net income: GAAP net loss attributable to common stockholders of $11.7 million
EPS: (0.06)
Result: reported results

Exact text from the filing

forth by specific reference in such filing. --- EX-99 (EX-99.1) --- EX-99 Exhibit 99.1 CommScope Reports First Quarter 2023 Results First Quarter Highlights • Net sales of $2.002 billion • Core net sales of $1.664 billion* • GAAP net loss attributable to common stockholders of $11.7 million • Non-GAAP adjusted EBITDA of $312.0 million • Core adjusted EBITDA of

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Source: SEC EDGAR

accession 0000950170-23-017446

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