with experts from CreditSights and LevFin Insights
Reassessing CommScope Webinar:
Upgraded Recommendations & Outlook Following Q1'24 Earnings
CommScope’s recently released Q1’24 earnings show revenue and EBITDA well above consensus, by ~10% and ~30% respectively, and product orders up 3% YoY.
While the overall picture paints Q1 as a cyclical trough, uncertainty remains as out-of-court liability management exercises are still being discussed to address maturities and liquidity.
Join CreditSights analysts and LevFin Insights journalists with deep knowledge of CommScope as they discuss CreditSights’ recently upgraded recommendation from Sell to Buy on certain securities and share their thoughts on:
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Reassessing the company’s business fundamentals
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Anticipating the potential scope of upcoming balance sheet transactions
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Performance outlook
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Financing needs
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Capital structure flexibility, and more
Live Q&A to follow.
If you have any questions, please contact our team at events@creditsights.com.
Speakers:
Andy Li, CFA
Senior Analyst, Technology
CreditSights
Andy was a member of the TMT research team at CreditSights from 2010-2014 covering technology credits before moving on to Susquehanna International Group, where he covered oil/gas E&Ps on the equity side. In 2017, he rejoined CreditSights to take on lead coverage of semiconductor and technology names. Andy received his Bachelor of Science with a major in Finance from New York University in 2008, and is a CFA charterholder.
Peter Sakon, CFA
Senior Analyst, Special Situations
CreditSights
Peter joined CreditSights in 2022 as a Senior Special Situations Analyst. Prior to joining, Peter has been focused on distressed investing, working at Alden Global, Ellington Management and HSBC Asset Management. He holds a Bachelor’s degree in Finance from Ball State University, and is a CFA charterholder.