CommScope Holding Company, Inc. provides infrastructure solutions for communications and entertainment networks. It operates through four segments: Broadband Networks (Broadband), Home Networks (Home), Outdoor Wireless Networks (OWN), and Venue and Campus Networks (VCN).The Broadband segment provides a converged cable access platform, passive optical networking products, video systems, access technologies, fiber and coaxial cables, fiber and copper connectivity products, and hardened closures to the telco and cable provider broadband market. The Home segment offers subscriber-based solutions that support broadband and video applications; devices that provide residential connectivity to a service provider's network, such as digital subscriber line, cable modems, and telephony and data gateways that incorporate routing and Wi-Fi functionality; and set-top boxes that support cable, satellite, and Internet protocol television content delivery, which include digital video recorders, high definition set-top boxes, and hybrid set-top devices. The OWN segment provides base station antennas, RF filters, tower connectivity, microwave antennas, metro cell products, cabinets, steel, accessories, spectrum access system, and Comsearch products to the macro and metro cell markets. The VCN segment products include Wi-Fi and switching, distributed antenna systems, licensed and unlicensed small cells, enterprise fiber, and copper infrastructures for campuses, venues, data centers, and buildings. It serves in the United States, Europe, the Middle East, Africa, the Asia Pacific, Caribbean and Latin America, and Canada through specialized resellers and distributors, satellite video distributors, and system integrators, as well as directly to customers. The company was formerly known as Cedar I Holding Company, Inc. and changed its name to CommScope Holding Company, Inc. in January 2011. CommScope Holding Company, Inc. was founded in 1976 and is headquartered in Hickory, North Carolina.
IPO Year: 2013
Exchange: NASDAQ
Website: commscope.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
3/4/2024 | Neutral → Underweight | JP Morgan | |
3/1/2024 | Outperform → Market Perform | Northland Capital | |
1/22/2024 | $2.00 | Neutral → Underperform | BofA Securities |
11/16/2023 | Underperform → Mkt Perform | Raymond James | |
11/10/2023 | $2.25 → $1.75 | Buy → Neutral | BofA Securities |
7/24/2023 | $11.00 → $5.09 | Outperform → Neutral | Credit Suisse |
7/18/2023 | $8.00 → $6.00 | Buy → Hold | Deutsche Bank |
5/5/2023 | $7.00 | Market Perform → Outperform | Northland Capital |
4/17/2023 | $15.00 → $5.50 | Buy → Hold | Jefferies |
1/12/2023 | $8.00 → $15.00 | Underperform → Buy | BofA Securities |
New antenna improves capacity and reduces installation and operational costs to future-proof microwave backhaul networks CommScope (NASDAQ:COMM), a global leader in network connectivity, announced today the expansion of its ValuLine® HX antenna line with the new HX6-611-6WH/B antenna, delivering a high-capacity microwave backhaul solution to meet the demands of future networks that operate in both the 6 GHz and 11 GHz bands ensuring reliable long-haul connectivity. The four-in-one solution can replace as many as four standard microwave antennas—allowing MNOs to quickly add backhaul capacity without adding more antennas and mounting structures. The HX6-611-6WH/B antenna directly addresse
CommScope solutions empower independent service providers to optimize, modernize, and monetize their current network assets CommScope (NASDAQ:COMM), a global leader in network connectivity, announced that it will demonstrate its solutions at the upcoming NCTC The Independent Show 2024, which will take place in Nashville, Tennessee from August 19 to August 22. CommScope will demonstrate how it enables network solutions that can optimize, modernize and monetize independent service providers' existing network assets. CommScope will showcase D3.1Enhanced (D3.1E) functionality; the company's modular IP video solution; and an enhanced product portfolio strengthened with additional products as
vCCAP to support significant Distributed Access Architecture deployment in Hungary CommScope (NASDAQ:COMM), a global leader in network connectivity, announced the first major sale of the company's recently acquired Casa Systems® virtual CMTS and QAM video solution to Kábelszatnet, one of Hungary's leading providers of cable, Internet, and voice services. The sale also includes CommScope's Distributed Access Architecture (DAA) Remote PHY (R-PHY) shelves and DC2180 DAA Cabinet Nodes. The announcement comes only seven weeks after CommScope announced the company's acquisition of Casa Systems' cable assets in May. CommScope's vCMTS and QAM video solution will be the key operating component o
Second Quarter Highlights Consolidated net sales of $1.39 billion Core net sales of $1.05 billion* GAAP income from continuing operations of $74.8 million Consolidated non-GAAP adjusted EBITDA of $302.1 million (1) Core non-GAAP adjusted EBITDA of $201.1 million* (1) Cash flow generated by operations of $50.8 million and non-GAAP adjusted free cash flow of $68.7 million (1) * Core financial measures exclude the results and performance of the Outdoor Wireless Networks (OWN) segment and Distributed Antenna Systems (DAS) business unit of the Networking, Intelligent Cellular & Security Solutions (NICS) segment of $333 million of net sales and $101 million of non-GAAP adjust
Smart, easy-to-install ESD amplifiers offer substantial upgrades for DOCSIS 3.1 networks and an incremental path to DOCSIS 4.0 CommScope (NASDAQ:COMM), a global leader in network connectivity, announced today the general availability of its STARLINE® 1.8 GHz Extended Spectrum DOCSIS® (ESD) amplifiers announced in October. Available immediately, the BLE® 180 Line Extender and MB180 MiniBridger® amplifiers offer operators a simple and economical solution for introducing ESD to DOCSIS 3.1 networks as well as a clear path to DOCSIS 4.0. Both amplifiers support ultra high-split operation of up to 1794 MHz in the downstream and up to 684 MHz in the upstream to maximize network reliability and
Preliminary Second Quarter Results Consolidated net sales of $1.39 billion Core net sales of $1.05 billion* GAAP income from continuing operations of $75 million Consolidated non-GAAP adjusted EBITDA of $302 million(1) Core non-GAAP adjusted EBITDA of $201 million*(1) * Core financial measures exclude the results and performance of our Outdoor Wireless Networks (OWN) segment and Distributed Antenna Systems (DAS) business unit of our Networking, Intelligent Cellular & Security Solutions (NICS) segment of $333 million of net sales and $101 million of non-GAAP adjusted EBITDA. See "Core Measures" below. (1) See "Non-GAAP Financial Measures" and "Reconciliation of GAAP Measu
Transaction highlights: To acquire CommScope's Outdoor Wireless Networks and Distributed Antenna Systems businesses for $2.1 billion in cash Adds advanced antenna and associated interconnect products, technologies and capabilities Complements Amphenol's existing product portfolio for next-generation wireless networks Expected to be accretive to Amphenol's Diluted EPS in first full year after closing Amphenol Corporation (NYSE:APH) today announced a definitive agreement to acquire CommScope's (NASDAQ:COMM) mobile networks businesses for $2.1 billion in cash, subject to customary post-closing adjustments. The deal includes the purchase of CommScope's Outdoor Wireless Networks (
CommScope (NASDAQ:COMM), a global leader in network connectivity, announced today it has entered into a definitive agreement to sell its Outdoor Wireless Networks (OWN) segment as well as the Distributed Antenna Systems (DAS) business unit of its Networking, Intelligent Cellular & Security Solutions segment to Amphenol Corporation (NYSE:APH). CommScope will receive approximately USD $2.1 billion in cash, to be paid by Amphenol upon closing. The sale is expected to close within the first half of 2025, subject to customary closing conditions, including receipt of applicable regulatory approvals. "CommScope has a strong reputation for driving innovation and value for our customers. This tr
CommScope Holding Company, Inc., a global leader in network connectivity, plans to release its second quarter 2024 financial results on Thursday, August 8, before the market opens. The release will be followed by an 8:30 a.m. Eastern conference call in which management will discuss the results. The live, listen-only audio of the call will be available through a link on the Events and Presentations page of CommScope's Investor Relations website. The webcast replay will be archived on CommScope's website for a limited time following the conference call. About CommScope: CommScope (NASDAQ:COMM) is pushing the boundaries of technology to create the world's most advanced wired and wirele
Innovative E6000 CER with Software Release 13 provides a path for expanding MSOs' broadband service offerings CommScope (NASDAQ:COMM), a global leader in network connectivity, announced today the availability of Software Release 13 for the E6000® Converged Edge Router (CER). Software Release 13 allows operators a flexible path forward with existing or new units as they move toward 10G with the power of the E6000 CER—the cable industry's most widely-deployed CCAP—in today's rapidly-evolving cable networks. This enhancement demonstrates the ability to build upon the E6000 CER's industry-leading set of features, field-hardened years of service, to provide support for today's cutting-edge hy
4 - CommScope Holding Company, Inc. (0001517228) (Issuer)
4 - CommScope Holding Company, Inc. (0001517228) (Issuer)
4 - CommScope Holding Company, Inc. (0001517228) (Issuer)
4 - CommScope Holding Company, Inc. (0001517228) (Issuer)
4 - CommScope Holding Company, Inc. (0001517228) (Issuer)
4 - CommScope Holding Company, Inc. (0001517228) (Issuer)
4 - CommScope Holding Company, Inc. (0001517228) (Issuer)
4 - CommScope Holding Company, Inc. (0001517228) (Issuer)
4 - CommScope Holding Company, Inc. (0001517228) (Issuer)
4 - CommScope Holding Company, Inc. (0001517228) (Issuer)
SC 13G/A - CommScope Holding Company, Inc. (0001517228) (Subject)
SC 13G/A - CommScope Holding Company, Inc. (0001517228) (Subject)
SC 13G/A - CommScope Holding Company, Inc. (0001517228) (Subject)
SC 13G/A - CommScope Holding Company, Inc. (0001517228) (Subject)
SC 13G/A - CommScope Holding Company, Inc. (0001517228) (Subject)
SC 13G - CommScope Holding Company, Inc. (0001517228) (Subject)
SC 13G/A - CommScope Holding Company, Inc. (0001517228) (Subject)
SC 13G/A - CommScope Holding Company, Inc. (0001517228) (Subject)
SC 13G - CommScope Holding Company, Inc. (0001517228) (Subject)
SC 13G/A - CommScope Holding Company, Inc. (0001517228) (Subject)
4 - CommScope Holding Company, Inc. (0001517228) (Issuer)
4 - CommScope Holding Company, Inc. (0001517228) (Issuer)
4 - CommScope Holding Company, Inc. (0001517228) (Issuer)
4 - CommScope Holding Company, Inc. (0001517228) (Issuer)
4 - CommScope Holding Company, Inc. (0001517228) (Issuer)
4 - CommScope Holding Company, Inc. (0001517228) (Issuer)
4 - CommScope Holding Company, Inc. (0001517228) (Issuer)
4 - CommScope Holding Company, Inc. (0001517228) (Issuer)
4 - CommScope Holding Company, Inc. (0001517228) (Issuer)
4 - CommScope Holding Company, Inc. (0001517228) (Issuer)
8-K - CommScope Holding Company, Inc. (0001517228) (Filer)
8-K - CommScope Holding Company, Inc. (0001517228) (Filer)
8-K - CommScope Holding Company, Inc. (0001517228) (Filer)
8-K - CommScope Holding Company, Inc. (0001517228) (Filer)
8-K - CommScope Holding Company, Inc. (0001517228) (Filer)
S-8 - CommScope Holding Company, Inc. (0001517228) (Filer)
8-K - CommScope Holding Company, Inc. (0001517228) (Filer)
SD - CommScope Holding Company, Inc. (0001517228) (Filer)
8-K - CommScope Holding Company, Inc. (0001517228) (Filer)
8-K - CommScope Holding Company, Inc. (0001517228) (Filer)
JP Morgan downgraded Commscope from Neutral to Underweight
Northland Capital downgraded Commscope from Outperform to Market Perform
BofA Securities downgraded Commscope from Neutral to Underperform and set a new price target of $2.00
Raymond James upgraded Commscope from Underperform to Mkt Perform
BofA Securities downgraded Commscope from Buy to Neutral and set a new price target of $1.75 from $2.25 previously
Credit Suisse downgraded Commscope from Outperform to Neutral and set a new price target of $5.10 from $11.00 previously
Deutsche Bank downgraded Commscope from Buy to Hold and set a new price target of $6.00 from $8.00 previously
Northland Capital upgraded Commscope from Market Perform to Outperform and set a new price target of $7.00
Jefferies downgraded Commscope from Buy to Hold and set a new price target of $5.50 from $15.00 previously
BofA Securities upgraded Commscope from Underperform to Buy and set a new price target of $15.00 from $8.00 previously
Second Quarter Highlights Consolidated net sales of $1.39 billion Core net sales of $1.05 billion* GAAP income from continuing operations of $74.8 million Consolidated non-GAAP adjusted EBITDA of $302.1 million (1) Core non-GAAP adjusted EBITDA of $201.1 million* (1) Cash flow generated by operations of $50.8 million and non-GAAP adjusted free cash flow of $68.7 million (1) * Core financial measures exclude the results and performance of the Outdoor Wireless Networks (OWN) segment and Distributed Antenna Systems (DAS) business unit of the Networking, Intelligent Cellular & Security Solutions (NICS) segment of $333 million of net sales and $101 million of non-GAAP adjust
Preliminary Second Quarter Results Consolidated net sales of $1.39 billion Core net sales of $1.05 billion* GAAP income from continuing operations of $75 million Consolidated non-GAAP adjusted EBITDA of $302 million(1) Core non-GAAP adjusted EBITDA of $201 million*(1) * Core financial measures exclude the results and performance of our Outdoor Wireless Networks (OWN) segment and Distributed Antenna Systems (DAS) business unit of our Networking, Intelligent Cellular & Security Solutions (NICS) segment of $333 million of net sales and $101 million of non-GAAP adjusted EBITDA. See "Core Measures" below. (1) See "Non-GAAP Financial Measures" and "Reconciliation of GAAP Measu
CommScope Holding Company, Inc., a global leader in network connectivity, plans to release its second quarter 2024 financial results on Thursday, August 8, before the market opens. The release will be followed by an 8:30 a.m. Eastern conference call in which management will discuss the results. The live, listen-only audio of the call will be available through a link on the Events and Presentations page of CommScope's Investor Relations website. The webcast replay will be archived on CommScope's website for a limited time following the conference call. About CommScope: CommScope (NASDAQ:COMM) is pushing the boundaries of technology to create the world's most advanced wired and wirele
First Quarter Highlights Net sales of $1.168 billion GAAP loss from continuing operations of $(262.1) million Non-GAAP adjusted EBITDA of $153.0 million Cash flow used in operations of $(177.7) million and non-GAAP adjusted free cash flow of $(154.1) million CommScope Holding Company, Inc. (NASDAQ:COMM), a global leader in network connectivity solutions, today reported results for the quarter ended March 31, 2024. Summary of Consolidated Results Q1 Q1 % Change 2024 2023 YOY (in millions, exc
CommScope Holding Company, Inc., a global leader in network connectivity, plans to release its first quarter 2024 financial results on Thursday, May 9, before the market opens. The release will be followed by an 8:30 a.m. Eastern conference call in which management will discuss the results. The live, listen-only audio of the call will be available through a link on the Events and Presentations page of CommScope's Investor Relations website. The webcast replay will be archived on CommScope's website for a limited time following the conference call. About CommScope: CommScope (NASDAQ:COMM) is pushing the boundaries of technology to create the world's most advanced wired and wireless n
Fourth Quarter Highlights Net sales of $1.186 billion GAAP loss from continuing operations of $339.0 million, including asset impairments of $145.4 million Non-GAAP adjusted EBITDA of $190.7 million Core segment adjusted EBITDA of $198.9 million* Cash flow generated by operations of $60.4 million and non-GAAP adjusted free cash flow of $91.5 million Full Year Highlights Net sales of $5.789 billion GAAP loss from continuing operations of $851.3 million, including asset impairments of $571.4 million Non-GAAP adjusted EBITDA of $999.0 million Core segment adjusted EBITDA of $1.022 billion* Cash flow generated by operations of $289.9 million and non-GAAP adjuste
CommScope Holding Company, Inc., a global leader in network connectivity, plans to release its fourth quarter and full year 2023 financial results on Thursday, February 29, before the market opens. The release will be followed by an 8:30 a.m. Eastern conference call in which management will discuss the results. The live, listen-only audio of the call will be available through a link on the Events and Presentations page of CommScope's Investor Relations website. The webcast replay will be archived on CommScope's website for a limited time following the conference call. About CommScope: CommScope (NASDAQ:COMM) is pushing the boundaries of technology to create the world's most advanced
Third Quarter Highlights Net sales of $1.600 billion Core net sales of $1.350 billion* GAAP net loss of $828.7 million, including asset impairments of $895.1 million Non-GAAP adjusted EBITDA of $248.6 million Core adjusted EBITDA of $245.5 million* Cash flow generated by operations of $138.8 million and non-GAAP adjusted free cash flow of $181.7 million * References to certain supplementary "Core" financial measures reflect the results of the Connectivity and Cable Solutions (CCS), Networking, Intelligent Cellular and Security Solutions (NICS), Outdoor Wireless Networks (OWN) and Access Network Solutions segments (ANS), in the aggregate. Core financial measures exclude
Preliminary Third Quarter Results Consolidated net sales of $1.60 billion Core net sales of $1.35 billion* GAAP net loss of $829 million, which includes non-cash asset impairments of $895 million Core adjusted EBITDA of $246 million* * References to certain supplementary "Core" financial measures reflect the results of the Connectivity and Cable Solutions (CCS), Networking, Intelligent Cellular and Security Solutions (NICS), Outdoor Wireless Networks (OWN) and Access Network Solutions segments (ANS), in the aggregate. Core financial measures exclude the results and performance of the Home Networks (Home) segment of approximately $250 million of net sales and approximately $3
CommScope Holding Company, Inc., a global leader in network connectivity, plans to release its third quarter 2023 financial results on Thursday, November 9, before the market opens. The release will be followed by an 8:30 a.m. Eastern conference call in which management will discuss the results. The live, listen-only audio of the call will be available through a link on the Events and Presentations page of CommScope's Investor Relations website. The webcast replay will be archived on CommScope's website for a limited time following the conference call. About CommScope: CommScope (NASDAQ:COMM) is pushing the boundaries of technology to create the world's most advanced wired and wirel
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
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
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
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 Mary S. Chan, 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 2024 annual meeting, and ratified the appointment of Ernst & Young LLP as the company's independent registered public accounting firm for the 2023 fiscal year. The stockholders also approved, on a non-binding advisory basis, the compensation of the company's na
Werner Enterprises, Inc. (NASDAQ:WERN), a premier transportation and logistics provider, announced today that its Board of Directors appointed Christopher D. Wikoff to serve as Executive Vice President, Treasurer and Chief Financial Officer ("CFO") effective April 18, 2023. Mr. Wikoff succeeds John J. Steele, who announced his retirement plans last August. Mr. Wikoff, 48, has over 20 years of finance leadership and business transformation experience with public and private multinational companies. Prior to joining Werner, Mr. Wikoff served as Executive Vice President and Treasurer of West Technology Group, formerly Intrado Corporation, a cloud-based, global technology partner, where he was
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 Mary S. Chan, Stephen C. Gray, L. William Krause, Derrick A. Roman, Charles L. Treadway, Claudius E. Watts IV and Timothy T. Yates as directors, each for a term ending at the 2023 annual meeting, and ratified the appointment of Ernst & Young LLP as the company's independent registered public accounting firm for the 2022 fiscal year. The stockholders also approved, on a non-binding advisory basis, the compensation of the company's named executive officers. In addition, th
Kyle Lorentzen Appointed Chief Financial Officer Justin Coleman Appointed Chief Transformation Officer; Brooke Clark to Assume Additional Responsibility as Lead for Corporate Financial Planning and Analysis Function CommScope Holding Company, Inc. (NASDAQ:COMM), a global leader in network connectivity, today announced a number of changes to its finance functions, including the appointment of Kyle Lorentzen, currently senior vice president and chief transformation officer, as executive vice president and chief financial officer, effective November 1, 2021. Mr. Lorentzen succeeds Alex Pease, who is stepping down to assume a senior executive role at another public company, which is expected
CommScope Holding Company, Inc. (NASDAQ:COMM), a global leader in network connectivity, today announced that Morgan Kurk is stepping down as chief technology officer and segment leader of Broadband Networks, effective immediately. Tom Cloonan, PhD, currently chief technology officer of the Broadband Networks segment, has been appointed chief technology officer on an interim basis as the Company evaluates its longer-term strategic requirements of the CTO office. Dr. Tom Cloonan, who joined CommScope through the ARRIS acquisition, is an industry veteran with a well-established track record of innovative technology leadership. With his extensive experience and contributions to the evolution o
The stockholders of CommScope Holding Company, Inc., a global leader in network connectivity solutions, approved seven proxy proposals today at the company's annual meeting of stockholders. CommScope stockholders approved an amendment to the Company's amended and restated certificate of incorporation to eliminate the classified structure of the Company's Board of Directors. CommScope stockholders also re-elected Mary S. Chan, Stephen C. Gray, L. William Krause and Derrick A. Roman as directors, each for a term ending at the 2022 annual meeting, and ratified the appointment of Ernst & Young LLP as the company's independent registered public accounting firm for the 2021 fiscal year. The stoc
Justin Choi, Veteran General Counsel with Over 20 Years of Communications Infrastructure Industry Experience, Appointed as Successor CommScope Holding Company, Inc. (NASDAQ:COMM), a global leader in connectivity solutions for communications networks, today announced the retirement of chief legal officer and secretary Burk Wyatt effective June 1, 2021, following more than 25 years of service to the Company. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210415006023/en/Justin Choi joins CommScope as chief legal officer, bringing more than 30 years of corporate legal experience including over 10 years as a general counsel for both
U.S. stocks traded lower toward the end of trading, with the Nasdaq Composite falling more than 100 points on Thursday. The Dow traded down 1.08% to 40,752.05 while the NASDAQ fell 0.80% to 17,853.34. The S&P 500 also fell, dropping, 0.75% to 5,546.48. Check This Out: Top 3 Health Care Stocks Which Could Rescue Your Portfolio In July Leading and Lagging SectorsEnergy shares jumped by 1.1% on Thursday. In trading on Thursday, health care shares fell by 1.6%. Top Headline Abbott Laboratories (NYSE:ABT) reported better-than-expected earnings for its second quarter on Thursday. The company posted sales of $10.38 billion, up 4%, almost in line with the consensus of $10.37 bil
Shares of Domino’s Pizza, Inc. (NYSE:DPZ) fell sharply during Thursday's session after the company reported mixed quarterly results. The company reported second-quarter FY24 sales growth of 7.1% year-on-year to $1.097 billion, missing the analyst consensus estimate of $1.103 billion. The company is temporarily suspending its guidance metric of 1,100+ global net stores growth until the full effect of DPE's store opens and closures on international net store growth are known. Domino’s Pizza shares dipped 11.2% to $420.36 on Thursday. Here are some other stocks moving in today’s mid-day session. Gainers Onconetix, Inc. (NASDAQ:ONCO) climbed 97.6% to $0.2944. On July 15, Oncon
U.S. stocks traded lower midway through trading, with the Nasdaq Composite falling more than 200 points on Thursday. The Dow traded down 0.61% to 40,947.68 while the NASDAQ fell 1.22% to 17,776.55. The S&P 500 also fell, dropping, 0.79% to 5,544.08. Check This Out: Top 3 Health Care Stocks Which Could Rescue Your Portfolio In July Leading and Lagging SectorsEnergy shares jumped by 0.7% on Thursday. In trading on Thursday, information technology shares fell by 0.8%. Top Headline U.S. initial jobless claims increased by 10,000 to 243,000 in the week ending July 13, compared to market estimates of 230,000. Equities Trading UP CommScope Holding Com
U.S. stocks were higher, with the Dow Jones index gaining around 150 points on Thursday. Shares of Cintas Corporation (NASDAQ:CTAS) rose during Thursday's session after the company reported better-than-expected quarterly EPS and revenues. Cintas reported fourth-quarter earnings per share of $3.99, beating the street view of $3.80. The company registered quarterly revenues of $2.471 billion, beating the street view of $2.468 billion, according to data from Benzinga Pro. Cintas shares gained 5.3% to $758.25 on Thursday. Here are some other big stocks recording gains in today’s session. Chuy’s Holdings, Inc. (NASDAQ:CHUY) shares gained 47.6% to $37.29 after the company and Darde
Gainers Focus Universal (NASDAQ:FCUV) shares moved upwards by 6.8% to $0.26 during Monday's after-market session. The company's market cap stands at $16.8 million. Karooooo (NASDAQ:KARO) shares increased by 3.96% to $30.41. The company's market cap stands at $939.6 million. CommScope Hldg Co (NASDAQ:COMM) stock moved upwards by 3.38% to $1.22. The market value of their outstanding shares is at $258.9 million. XIAO-I (NASDAQ:AIXI) shares moved upwards by 3.0% to $0.75. The market value of their outstanding shares is at $54.9 million. Kingsoft Cloud Hldgs (NASDAQ:KC) stock rose 2.76% to $2.9. The market value of their outstanding shares is at $688.1 million. SMX (Security Matters) (NASDA
Gainers Adobe (NASDAQ:ADBE) shares moved upwards by 14.1% to $523.5 during Thursday's after-market session. The company's market cap stands at $234.5 billion. As per the news, the Q2 earnings report came out today. Veritone (NASDAQ:VERI) stock rose 3.86% to $2.55. The company's market cap stands at $96.2 million. Freshworks (NASDAQ:FRSH) stock rose 3.57% to $12.76. The market value of their outstanding shares is at $3.8 billion. Sobr Safe (NASDAQ:SOBR) shares rose 2.9% to $0.23. The company's market cap stands at $4.5 million. CommScope Hldg Co (NASDAQ:COMM) stock increased by 2.85% to $1.44. The company's market cap stands at $305.6 million. Cerence (NASDAQ:CRNC) shares moved upwards
The Sale is expected to be completed on June 6, 2024