Slide 1: Second Quarter 2025 Results
August 4, 2025 Second Quarter 2025 Results
Slide 2: Important information
Important information Caution Regarding Forward Looking Statements This presentation includes certain statements that constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amende
Slide 3: Sale of CCS
Sale of CCS • Entered into a definitive agreement to sell CCS business to Amphenol for $10.5 billion in cash • Expected closing in first half of 2026 • Approximately $500 million of Fees and Taxes • Strong strategic deal for our equity holders, debt holders, customers, suppliers and employees • Expe
Slide 4: Second quarter results
Second quarter results • Net Sales increased due to market growth and customer inventory normalization • Net sales of $1.388 billion, increasing 32% from prior year and 25% sequentially. • RemainCo(1) net sales of $513 million increasing 58% from prior year and 32% sequentially. • Adjusted EBITDA im
Slide 5: Second quarter results
Second quarter results Consolidated CommScope – Second Quarter Consolidated CommScope – First Half (In $millions, except per share amounts) (In $millions, except per share amounts) 2Q’24 2Q’25 Y/Y Change 1H’24 1H’25 Y/Y Change Results Results Results Results Net Sales $1,054 $1,388 +32% Net Sales $1
Slide 6: Second quarter business highlights
Second quarter business highlights Business Segment Net Sales ($M) Y-Y% Adj. EBITDA(1) ($M) Y-Y% Observations 2Q’24 2Q’25 2Q’24 2Q’25 • Higher Adjusted EBITDA driven by DOCSIS 4.0 product revenue and increased license sales in the quarter • Several key wins for the vCMTS solution in global Access Ne
Slide 7: Cash flow update
Cash flow update (1) GAAP Cash Flow from Operations ($M) Free Cash Flow ($M) (2) $115 $271 $122 $278 $46 $64 $51 $77 ($187) $(202) 2Q’24 3Q’24 4Q’24 1Q’25 2Q’25 2Q’24 3Q’24 4Q’24 1Q’25 2Q’25 • Year over year increase driven by higher EBITDA partially offset by working capital as business grows. • 20
Slide 8: Strong liquidity & balance sheet management
Strong liquidity & balance sheet management Debt Maturities (as of 6/30/25) Cash & liquidity remain strong Secured Debt Unsecured Debt ($ millions) • Ended the quarter with available ◼ ABL ◼ 5.00% Notes due 2027 liquidity over $991 million including ◼ Term Loan B ◼ 8.25% Notes due 2027 $571 million
Slide 9: Closing Remarks
Closing Remarks Chuck Treadway President and Chief Executive Officer 8 © 2025 CommScope, LLC. All rights reserved. | CommScope, ARRIS and t he ARRIS l ogo are trademarks of CommScope, Inc. and/or its affiliates. All other trademarks are t he property of thei r respective owners.
Slide 10: Q&A
Q&A Second Quarter 2025 Results 9 © 2025 CommScope, LLC. All rights reserved. | CommScope, ARRIS and t he ARRIS l ogo are trademarks of CommScope, Inc. and/or its affiliates. All other trademarks are t he property of thei r respective owners.
Slide 11: Appendix
COMMSCOPE’ Appendix
Slide 12: Condensed Consolidated Statements of Operations
CommScope Holding Company, Inc. Condensed Consolidated Statements of Operations (Unaudited -- In millions, except per share amounts) Three Months Ended Six Months Ended June 30, June 30, 2025 2024 2025 2024 Statements of Net sales $ 1,388.1 $ 1,053.6 $ 2,500.3 $ 1,954.6 Cost of sales 796.4 654.6 1,4
Slide 13: Condensed Consolidated Balance Sheets
CommScope Holding Company, Inc. Condensed Consolidated Balance Sheets (In millions, except share amounts) Unaudited June 30, 2025 December 31, 2024 Assets Balance Sheets Cash and cash equivalents Accounts receivable, net of allowance for doubtful accounts of $13.9 and $16.5, respectively $ 571.1 935
Slide 14: Condensed Consolidated Statements of Cash Flows
CommScope Holding Company, Inc. Condensed Consolidated Statements of Cash Flows (1) (Unaudited -- In millions) Three Months Ended Six Months Ended June 30, June 30, Statements of Operating Activities: Net income (loss) $ 2025 31.8 $ 2024 44.4 $ 2025 815.8 $ 2024 (289.3) Cash Flows Adjustments to rec
Slide 15: Reconciliation of GAAP Measures to Non-GAAP Adjusted Measures
CommScope Holding Company, Inc. Reconciliation of GAAP Measures to Non-GAAP Adjusted Measures (Unaudited -- In millions, except per share amounts) Three Months Ended S ix Months Ended June 30, June 30, Adjusted EBITDA and Income (loss) from continuing operations, as reported Income tax expense (bene
Slide 16: Sales by Region
Sales by Region CommScope Holding Company, Inc. Sales by Region (Unaudited -- In millions) Sales by Region % Change Q2 2025 Q2 2024 YOY United States $ 1,011.1 $ 681.1 48.5 % Europe, Middle East and Africa 144.7 137.8 5.0 Asia Pacific 145.7 139.0 4.8 Caribbean and Latin America 47.5 52.4 (9.4) Canad
Slide 17: Sales and Adjusted EBITDA by Segment
CommScope Holding Company, Inc. Segment Information (Unaudited -- In millions) Sales and Adjusted Segment Net Sales EBITDA by Segment Q2 2025 Q2 2024 % Change YOY CCS $ 875.4 $ 728.4 20.2 % Ruckus 190.2 129.8 46.5 ANS 322.5 195.4 65.0 Total net sales $ 1,388.1 $ 1,053.6 31.7 % Segment Adjusted EBITD
Slide 18: Reconciliation of GAAP to Segment Adjusted EBITDA
CommScope Holding Company, Inc. Reconciliation of GAAP to Segment Adjusted EBITDA (Unaudited -- In millions) Second Quarter 2025 Segment Adjusted EBITDA Reconciliation Adjusted EBITDA CCS Ruckus ANS Total Reconciliation by Operating income, as reported Amortization of purchased intangible assets $ 1
Slide 19: Adjusted EBITDA Reconciliation
CommScope Holding Company, Inc. Reconciliation of GAAP to Segment Adjusted EBITDA (Unaudited -- In millions) Adjusted EBITDA Consolidated Adjusted EBITDA Reconciliation S ix Months Reconciliation Ended June 30, 2025 Operating income, as reported $ 370.0 Amortization of purchased intangible assets 10
Slide 20: Free Cash Flow Reconciliation
Free Cash Flow Reconciliation CommScope Holding Company, Inc. Free Cash Flow (Unaudited -- In millions) Free Cash Flow (1) Q2 Q3 Q4 Q1 Q2 2024 2024 2024 2025 2025 Cash flow from operations $ 50.8 $ 122.2 $ 277.8 $ (186.9) $ 77.1 Capital expenditures (5.3) (6.7) (7.3) (15.5) (12.6) Free cash flow 45.
Slide 21: Adjusted Gross Profit and Adjusted Operating Expense Reconciliations
Adjusted Gross Profit CommScope Holding Company, Inc. and Adjusted Operating Adjusted Gross Profit and Adjusted Operating Expense (Unaudited -- In millions) Expense Reconciliations GAAP to Non-GAAP Adjusted Gross Profit Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Gross profit, as reported $ 399.0 $ 435.
Slide 22: Adjusted EBITDA Outlook Reconciliation
CommScope Holding Company, Inc. Reconciliation of GAAP Measures to Non-GAAP Adjusted Measures (Unaudited -- In millions) Adjusted EBITDA Consolidated Adjusted EBITDA Outlook Reconciliation Outlook Reconciliation Operating income $ Outlook Range 765 2025 $ 805 Adjustments: Amortization of purchased i
Slide 23: Important information
Important information Additional Information about the Proposed Transaction and Where to Find It This communication may be deemed solicitation material in respect of the proposed sale of the Company’s CCS business to Amphe nol. In connection with the proposed transaction, CommScope will file with th