Earnings release
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• COMMSCOPE® News Release CommScope Reports Third Quarter 2021 Results Third quarter net sales decreased 3 % year - over - year for consolidated company • • Core CommScope third quarter net sales increased 6 % year - over - year * Momentum builds in Outdoor Wireless Networks and Venue and Campus Networks as net sales increased 31 % and 8 % year - over - year , respectively Third Quarter Highlights • Net sales of $ 2.105 billion • Core net sales of $ 1.690 billion * • GAAP net loss of $ 124.2 million • Non - GAAP adjusted EBITDA of $ 259.1 million • Core adjusted EBITDA of $ 274.6 million * Cash flow generated by operations of $ 67.1 million and non - GAAP adjusted free cash flow of $ 64.3 million * References to certain supplementary " Core " financial measures reflect the results of the Broadband Networks , Outdoor Wireless Networks and Venue and Campus Networks segments , in the aggregate . Core financial measures exclude the results and performance of the Home Networks segment . See the third quarter segment comparison tables below showing the aggregation of the Core financial measures . _ HICKORY , NC , November 4 , 2021 CommScope Holding Company , Inc. ( NASDAQ : COMM ) , a global leader in network connectivity solutions , today reported results for the quarter ended September 30 , 2021 . Net sales Core net sales ( 1 ) GAAP net loss GAAP net loss per share Non - GAAP adjusted EBITDA ( 2 ) Core adjusted EBITDA ( 1 ) Non - GAAP adjusted net income per diluted share ( 2 ) Summary of Consolidated Results Q3 Q3 % Change 2021 2020 YOY ( in millions , except per share amounts ) $ 2,105.3 $ 2,168.1 ( 2.9 ) % 1,690.2 1,594.6 6.0 ( 124.2 ) ( 116.3 ) 6.8 ( 0.68 ) ( 0.66 ) 3.0 259.1 341.9 ( 24.2 ) 274.6 311.5 ( 11.8 ) 0.29 0.51 ( 43.1 ) % ( 1 ) " Core " financial measures reflect the results of the Broadband Networks , Outdoor Wireless Networks and Venue and Campus Networks segments , in the aggregate . Core financial measures exclude the results of the Home Networks segment . See the third quarter segment comparison tables below showing the aggregation of the Core financial measures . ( 2 ) See Description of Non - GAAP Financial Measures and Reconciliation of GAAP Measures to Non - GAAP Adjusted Measures below