CommScope boosts sales
CommScope Inc. posted Q2 sales of $336.7 million, up 7.6 percent year-over-year, driven by better international sales, price increases in response to higher raw material costs, and stronger sales among carriers.
Those solid sales also produced a profit of $16.3 million (25 cents per share).
Although broadband segment sales dipped 2.3 percent to $109.9 million, carrier segment sales jumped 23.7 percent to $53.7 million. International sales rose 17.9 percent to $113.5 million.