Bad day on Street: CommScope, Chimerix, Biocryst all report losses
Earnings news out early Thursday before the markets opened was not good news for CommScope, Chimerix and Biocryst. Here are the details.
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commscope
CommScope adding 250 jobs to expand fiber-optic manufacturing
Salaries for the new positions will vary but the average annual wage will be just shy of $57,500, more than $5,000 more than the county’s current average salary of $52,172.
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Federal broadband funding already has triggered creation of more jobs in NC
The Biden Administrations touted its broadband funding announced Friday (including $1.5 billion for North Carolina) as the reason for the creation of new jobs in the broadband industry, including these two projects in N.C.
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CommScope financials are a split decision in view of Street; CEO sees progress
CommScope) on Thursday reported financials that were a split in terms of expectations. But the communications gear provider’s CEO sees progress.
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NC fiber-optic manufacturer CommScope to create 250 jobs, invest $47M in expansion
Reacting to expected growing demand for faster internet access, fiber and communications services provider CommScope says it will invest $47 million to expand its fiber-optic manufacturing at two plants in North Carolina.
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Earnings: Syneos, Duke Energy, Aerie, Chimerix, Lending Tree, CommScope, Qorvo & more
Public companies across North Carolina reported quarterly earnings last week. Here’s a roundup.
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CommScope racks up a $61M loss but CEO sees results as ‘step in right direction’
CommScope CEO Chuck Treadway chalks up the communications company’s latest quartertly financial results as a “step in the right direction” despite a $61 million loss.
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Earnings reports: Wolfspeed, Commscope, Qorvo, Tree.com, Fathom, Cornerstone, Ingersoll, Albemarle
It’s been a busy week for public companies this week on Wall Street releasing quarterly earnings reports. Here’s an update on eight different companies.
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CommScope delays spinoff of new company; financials top Street expectations
Broadband infrastructure provider CommScope (COMM) delivered quartertly revenue and earnings expected by Wall Street analysts in its latest financials announced Thursday morning. But the company will not be spinning off a subsidiary as planned, its CEO disclosed.
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