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Article: CommScope Announces Third Quarter 2009 Results.
- Article from:
- China Weekly News
- Article date:
- November 10, 2009
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CommScope, Inc. (NYSE: CTV), a global leader in infrastructure solutions for communications networks, reported sales of $750.4 million and net income of $45.8 million, or $0.45 per diluted share, for the quarter ended September 30, 2009.
The reported quarterly net income includes after-tax charges of approximately $15.3 million for the amortization of purchased intangibles and $2.2 million in restructuring costs. Excluding these special items, adjusted third quarter 2009 earnings were $63.3 million, or $0.61 per diluted share. (A reconciliation of reported GAAP results to adjusted results for the quarter is attached.)
For the third quarter of 2008, ...