CommScope paid off debt, beat Q4 earnings expectations, saw stock surge 26%, bullish sentiment.

From StockTwits: 2025-02-27 02:32:14

CommScope paid off $2 billion of debt by closing two businesses and refinancing part of its debt. Fourth-quarter results exceeded expectations, with earnings per share at $0.18 compared to an estimated $0.02. Revenue also beat estimates at $1.17 billion, up from $923 million last year. Full-year revenue was $4.2 billion, lower than in 2023, but the loss per share decreased significantly. CEO Chuck Treadway called 2024 a “transitional year” and noted growth in hyperscale and data centers. CommScope’s stock surged over 26% and retail chatter on Stocktwits rose by 520%. Stock sentiment is currently ‘extremely bullish.’



Read more at StockTwits: CommScope Triggers Six-Fold Rise In Retail Chatter With AI-Powered Q4 Beat As Stocktwits Sentiment Turns ‘Extremely Bullish’