01:37 PM EDT, 07/29/2024 (MT Newswires) -- CommScope Holding ( COMM ) shares were up 22% in recent Monday trading after reporting that it expects Q2 net sales of $1.39 billion, down from $1.92 billion a year earlier.

Analyst polled by Capital IQ expect $1.24 billion.

The company added that it expects Q2 non-GAAP adjusted EBITDA of $302 million, up from $259.5 million a year earlier.

CommScope ( COMM ) is scheduled to release its Q2 results on Aug. 8.

Price: 2.35, Change: +0.43, Percent Change: +22.40