CommScope Holding Company, Inc. (NASDAQ:COMM) Q4 2023 Earnings Call Transcript

Chuck Treadway: Thanks, Meta. where I think we have the most opportunity for share gain, I would say, would be with our NICS business. I mean, we came back with the – we just launched our Wi-Fi 7, we’re the first to market with that product. And I think that’s going to be very well received, already is. We’ve already won orders in that space. And I think when markets come back, I think that’s going to be very positive for us. As you mentioned, the second one, I would say is ANS, where we have revamped, as you mentioned, we have revamped our product family to be one of the leaders on the edge or the leader at the edge of the networks. And I do believe our customers are leaning forward with upgrades, and we have the products for them.

And so I think that’s going to be a nice opportunity for us, especially products like FDX and our virtual CMTS as we talked about before. With CCS, I believe what happened there is we were ahead of the curve. We put the capacity in place in 2021 and 2022. And I believe we have gained share in that space. I think we have given some back but I don’t believe we’ve lost any share there. But I do think that when the markets come back, all the capacity we put in place, we’re going to be very well positioned for that. And also, in our BDCC business, which is our structured cable business. We’ve revamped SYSTIMAX. We now have our SYSTIMAX 2.0 we’re going to be launching a product every quarter. And we’re seeing really positive feedback from our customer based on that.

And of course, what’s going on with hyperscalers and GenAI, our product families there are also very positively being very positively received in the marketplace. So when you think about OWN, I think we have pretty strong market share positions in North America already. I think our opportunity there is what can we do outside of North America and then we also are seeing some pretty good traction on people looking at our MOSAIC product line. So that would be – those would be the things that I see to kind of address your question.

Meta Marshall: Great. Thank you.

Operator: And I’m not showing any further questions at this time. I’d like to turn the call back over to Chuck Treadway for any closing remarks.

Chuck Treadway: Yes. I’d like to thank you for your time today and for your support of CommScope. I’d like you to have a great rest of your week. Thank you very much.

Operator: Ladies and gentlemen, this does conclude today’s presentation. You may now disconnect, and have a wonderful day.