Amphenol To Acquire CommScope's Outdoor Wireless Networks And Distributed Antenna Systems Businesses For $2.1B In Cash; Deal Adds Advanced Antenna And Interconnect Technologies; Complements Existing Portfolio For Next-Gen Wireless Networks; Expected To Be Accretive To Diluted EPS In First Full Year Post-Closing

7/18/24 9:08:27 AM ET

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Amphenol To Acquire CommScope's Outdoor Wireless Networks And Distributed Antenna Systems Businesses For $2.1B In Cash; Deal Adds Advanced Antenna And Interconnect Technologies; Complements Existing Portfolio For Next-Gen Wireless Networks; Expected To Be Accretive To Diluted EPS In First Full Year Post-Closing

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Recent Analyst Ratings for
$APH
$COMM

Company	Date	Price Target	Rating	Analyst
Amphenol Corporation $APH	9/4/2024	$80.00 → $71.00	Buy → Neutral	BofA Securities
Amphenol Corporation $APH	7/23/2024	$65.00	Hold	Vertical Research
Amphenol Corporation $APH	5/20/2024	$150.00	Buy	Seaport Research Partners
Amphenol Corporation $APH	4/9/2024	$125.00	Hold	Jefferies
CommScope Holding Company Inc. $COMM	3/4/2024		Neutral → Underweight	JP Morgan
CommScope Holding Company Inc. $COMM	3/1/2024		Outperform → Market Perform	Northland Capital
CommScope Holding Company Inc. $COMM	1/22/2024	$2.00	Neutral → Underperform	BofA Securities
Amphenol Corporation $APH	1/5/2024	$117.00	Buy	Citigroup

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$APH
$COMM
Leadership Updates

Live Leadership Updates

CommScope Stockholders Approve Proxy Proposals
The stockholders of CommScope Holding Company, Inc., a global leader in network connectivity solutions, approved five proxy proposals today at the company's annual meeting of stockholders. CommScope stockholders re-elected Stephen C. Gray, L. William Krause, Joanne M. Maguire, Thomas J. Manning, Derrick A. Roman, Charles L. Treadway, Claudius E. Watts IV and Timothy T. Yates as directors, each for a term ending at the 2025 annual meeting, and ratified the appointment of Ernst & Young LLP as the company's independent registered public accounting firm for the 2024 fiscal year. The stockholders also approved, on a non-binding advisory basis, the compensation of the company's named executive
5/9/24 3:57:00 PM ET
$COMM
Radio And Television Broadcasting And Communications Equipment
Technology
Vantiva appoints new Directors and Chairman to Board of Directors following strategic acquisition of CommScope Home Networks
Press Release Vantiva appoints new Directors and Chairman to Board of Directors following strategic acquisition of CommScope Home Networks Brian Shearer, TPG Angelo Gordon, appointed Chairman of Board of Directors.TPG Angelo Gordon and CommScope Holding Company, Inc. representativesjoin Board of Directors.Barclays Bank Ireland Plc. appointed Board Observer. Paris – February 8th, 2024 – Vantiva (PARIS:VANTI), a global technology leader enabling Network Service Providers (NSPs) to connect consumers around the world, today announced Brian Shearer, Head of European Credit Solutions at Angelo, Gordon & Co., L.P. ("TPG Angelo Gordon"), has been appointed as a Director and Chairman of Vantiv
2/8/24 12:56:48 PM ET
$COMM
Radio And Television Broadcasting And Communications Equipment
Technology
ATX Networks Appoints Sandy Howe to Board of Directors
Howe's extensive experience and expertise in communications industry strengthens company's strategic leadership ATX Networks, a global leader in broadband access and media distribution solutions, announced the appointment of Sandy Howe to the ATX Board of Directors. Howe brings extensive experience and deep knowledge of the global communications industry to the board, where she will provide strategic oversight and guidance to ATX's pursuit of its market objectives. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230726264548/en/ATX Networks Appoints Sandy Howe to Board of Directors (Photo: Business Wire) "Sandy's exceptional ba
7/26/23 9:00:00 AM ET
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$APH
$COMM
Press Releases

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CommScope Reports Third Quarter 2024 Results
Third Quarter Highlights Net sales of $1.08 billion GAAP loss from continuing operations of $(96.7) million Non-GAAP adjusted EBITDA of $204.2 million (1) Core non-GAAP adjusted EBITDA of $220.4 million* (1) Cash flow generated by operations of $122.2 million and free cash flow of $115.5 million (1) (2) * Core financial measures reflect the results of the Connectivity and Cable Solutions (CCS), Networking, Intelligent Cellular and Security Solutions (NICS) excluding Distributed Antenna Systems (DAS), and Access Network Solutions (ANS) segments, in the aggregate, and exclude general corporate costs that were previously allocated to the Outdoor Wireless Networks (OWN) segment, DAS
11/7/24 6:30:00 AM ET
$COMM
Radio And Television Broadcasting And Communications Equipment
Technology
Amphenol Announces Fourth Quarter 2024 Dividend
Amphenol Corporation (NYSE:APH) announced today that its Board of Directors approved the fourth quarter 2024 dividend on its Common Stock in the amount of $0.165 per share at its meeting held on October 30, 2024. The Company will pay this fourth quarter 2024 dividend on January 8, 2025 to shareholders of record as of December 17, 2024. About Amphenol Amphenol Corporation is one of the world's largest designers, manufacturers and marketers of electrical, electronic and fiber optic connectors and interconnect systems, antennas, sensors and sensor-based products and coaxial and high-speed specialty cable. Amphenol designs, manufactures and assembles its products at facilities in approximatel
10/31/24 8:00:00 AM ET
$APH
Electrical Products
Technology
Cleveland Cavaliers Select CommScope to Power 5G Connected Fan Experience at Rocket Mortgage FieldHouse
CommScope all-digital ERA DAS to support seamless 5G mobile connectivity at the Cavaliers' home arena CommScope (NASDAQ:COMM), a global leader in network connectivity, announced today that it has partnered with the Cleveland Cavaliers to provide 5G connectivity at Rocket Mortgage FieldHouse. The advanced mobile network is designed to provide Cavaliers' fans with the ultimate connected entertainment experience. It will feature CommScope's all-digital in-building wireless antenna system—ERA® DAS (distributed antenna system)—as the backbone for 5G mobile connectivity across the 152,979 square foot arena. This press release features multimedia. View the full release here: https://www.businessw
10/30/24 8:00:00 AM ET
$COMM
Radio And Television Broadcasting And Communications Equipment
Technology

CommScope Reports Third Quarter 2024 Results
Third Quarter Highlights Net sales of $1.08 billion GAAP loss from continuing operations of $(96.7) million Non-GAAP adjusted EBITDA of $204.2 million (1) Core non-GAAP adjusted EBITDA of $220.4 million* (1) Cash flow generated by operations of $122.2 million and free cash flow of $115.5 million (1) (2) * Core financial measures reflect the results of the Connectivity and Cable Solutions (CCS), Networking, Intelligent Cellular and Security Solutions (NICS) excluding Distributed Antenna Systems (DAS), and Access Network Solutions (ANS) segments, in the aggregate, and exclude general corporate costs that were previously allocated to the Outdoor Wireless Networks (OWN) segment, DAS
11/7/24 6:30:00 AM ET
$COMM
Radio And Television Broadcasting And Communications Equipment
Technology
Amphenol Announces Fourth Quarter 2024 Dividend
Amphenol Corporation (NYSE:APH) announced today that its Board of Directors approved the fourth quarter 2024 dividend on its Common Stock in the amount of $0.165 per share at its meeting held on October 30, 2024. The Company will pay this fourth quarter 2024 dividend on January 8, 2025 to shareholders of record as of December 17, 2024. About Amphenol Amphenol Corporation is one of the world's largest designers, manufacturers and marketers of electrical, electronic and fiber optic connectors and interconnect systems, antennas, sensors and sensor-based products and coaxial and high-speed specialty cable. Amphenol designs, manufactures and assembles its products at facilities in approximatel
10/31/24 8:00:00 AM ET
$APH
Electrical Products
Technology
Amphenol Reports Record Third Quarter 2024 Results
Third Quarter 2024 Highlights: Record sales of $4.04 billion, up 26% in U.S. dollars and 15% organically compared to the third quarter of 2023 Record GAAP Diluted EPS of $0.48, up 17% compared to prior year Record Adjusted Diluted EPS of $0.50, up 28% compared to prior year GAAP and record Adjusted Operating Margin of 20.3% and 21.9%, respectively Operating and Free Cash Flow of $704 million and $476 million, respectively Completed previously announced acquisition of Lütze Europe in early October Amphenol Corporation (NYSE:APH) today reported third quarter 2024 results. "We are pleased to have closed the third quarter of 2024 with record sales and Adjusted Diluted EPS, both e
10/23/24 8:00:00 AM ET
$APH
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Recent Analyst Ratings for $APH$COMM

$APH$COMM Large Ownership Changes

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Amendment: SEC Form SC 13G/A filed by CommScope Holding Company Inc.

Amendment: SEC Form SC 13G/A filed by CommScope Holding Company Inc.

Amendment: SEC Form SC 13G/A filed by CommScope Holding Company Inc.

$APH$COMM Leadership Updates

Live Leadership Updates

CommScope Stockholders Approve Proxy Proposals

Vantiva appoints new Directors and Chairman to Board of Directors following strategic acquisition of CommScope Home Networks

ATX Networks Appoints Sandy Howe to Board of Directors

$APH$COMM Market Insights

Live Market Insights

Apple To Rally Around 10%? Here Are 10 Top Analyst Forecasts For Thursday

Truist Securities Maintains Buy on Amphenol, Raises Price Target to $76

Baird Maintains Outperform on Amphenol, Lowers Price Target to $70

$APH$COMM Analyst Ratings

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Amphenol downgraded by BofA Securities with a new price target

Vertical Research initiated coverage on Amphenol with a new price target

Seaport Research Partners initiated coverage on Amphenol with a new price target

$APH$COMM Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

President, ISS Division Straub Peter sold $9,783,272 worth of shares (132,000 units at $74.12) and exercised 132,000 shares at a strike of $22.37 (SEC Form 4)

Senior VP, Human Resources Silverman David M exercised 180,000 shares at a strike of $14.50 and sold $12,926,214 worth of shares (180,000 units at $71.81) (SEC Form 4)

SR VP & CFO Lampo Craig A exercised 400,000 shares at a strike of $18.23 and sold $21,469,140 worth of shares (300,000 units at $71.56), increasing direct ownership by 46% to 318,116 units (SEC Form 4)

$APH$COMM Press Releases

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CommScope Reports Third Quarter 2024 Results

Amphenol Announces Fourth Quarter 2024 Dividend

Cleveland Cavaliers Select CommScope to Power 5G Connected Fan Experience at Rocket Mortgage FieldHouse

$APH$COMM Insider Purchases

Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

Lorentzen Kyle David bought $14,500 worth of shares (11,600 units at $1.25), increasing direct ownership by 2% to 712,475 units (SEC Form 4)

Krause L William bought $238,107 worth of shares (149,427 units at $1.59), increasing direct ownership by 88% to 320,000 units (SEC Form 4)

Watts Claudius E. Iv bought $15,769 worth of shares (15,000 units at $1.05), increasing direct ownership by 2% to 941,830 units (SEC Form 4)

$APH$COMM SEC Filings

CommScope Holding Company Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

CommScope Holding Company Inc. filed SEC Form 8-K: Regulation FD Disclosure

Amphenol Corporation filed SEC Form 8-K: Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligation, Financial Statements and Exhibits

$APH$COMM Financials

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CommScope Reports Third Quarter 2024 Results

Amphenol Announces Fourth Quarter 2024 Dividend

Amphenol Reports Record Third Quarter 2024 Results

Recent Analyst Ratings for
$APH
$COMM

$APH
$COMM
Large Ownership Changes

$APH
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Leadership Updates

$APH
$COMM
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$APH
$COMM
Analyst Ratings

$APH
$COMM
Insider Trading

$APH
$COMM
Press Releases

$APH
$COMM
Insider Purchases

$APH
$COMM
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$APH
$COMM
Financials