CommScope (COMM) to Expand Android TV Solutions to Sweden - June 6, 2022 - Zacks.com

2022-06-11 00:20:21 By : Mr. Bond Sahw

We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.

Don't Know Your Password?

New to Zacks? Get started here.

Don't Know Your Password?

You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities.

If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.

AZPN Quick QuoteAZPN COMM Quick QuoteCOMM TWOU Quick QuoteTWOU ASAN Quick QuoteASAN

You follow Analyst Blog - edit

You follow Zacks Equity Research - edit

CommScope Holding Company, Inc. (COMM Quick QuoteCOMM - Free Report) recently announced that it has inked a partnership with Telenor Sverige AB to provide its Sweden customers with the VIP5702W set top box powered by Android TV. This partnership with the leading communications service provider in Sweden will help CommScope expand its leading position and have a strong foothold in the Nordic region.

Telenor Sverige AB aims to grow its video offering business by deploying the solution powered by Android TV of CommScope. VIP5702W set top provides high definition 4K video and is easily deployable with the dual-band selectable Wi-Fi in its managed networks. The ability of the software to provide an enhanced viewing experience will enable Telenor to deliver rich entertainment experience and meet customers’ expectations.

The on-demand viewing experience of the set top is backed by the 24i software platform, supporting attractive features like unified search and single sign-on. 24i, a unique managed service, has the ability to harness artificial intelligence and data science for personalized content to better serve customers. It is a swift and cost-effective route to stream videos successfully on all devices, including Smart TVs, Roku, Apple TV and phones.

CommScope has been pursuing strategies to reduce operational costs and optimize the overall cost structure. The company has a track record of successfully executing annual profit improvement plans and cost-saving initiatives. CommScope is also focused on sound technology and a highly efficient supply chain and is committed to continuous improvement in its products. This will potentially make the company a preferred partner for all telecommunications businesses as the industry moves toward 5G network.

Image Source: Zacks Investment Research

CommScope has lost 61.4% over the past year compared with the industry’s decline of 3.6%.

The company currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Aspen Technology, Inc. (AZPN Quick QuoteAZPN - Free Report) , belonging to the broader Zacks Computer and Technology sector, currently sports a Zacks Rank #1. AZPN has a long-term earnings growth expectation of 7.94%.

Aspen Technology witnessed an accelerated adoption of its solutions that has driven top-line growth over the years. The company has a strong pipeline for new business bookings. It continues to innovate and improve operations.

2U, Inc. (TWOU Quick QuoteTWOU - Free Report) , presently carrying a Zacks Rank #2 (Buy), is a key pick for stock investors. TWOU has a long-term earnings growth expectation of 20%.

2U is an education technology company and a provider of cloud-based software-as-a-service (SaaS) solutions that enable non-profit colleges and universities to deliver their education to students globally.

Asana, Inc. (ASAN Quick QuoteASAN - Free Report) also carries a Zacks Rank #2 at present. It reported an earnings surprise of 1.56%, on average, in the trailing four quarters.

Asana provides a SaaS work management platform which enables individuals and teams to work efficiently.  

Aspen Technology, Inc. (AZPN) - free report >>

CommScope Holding Company, Inc. (COMM) - free report >>

2U, Inc. (TWOU) - free report >>

Asana, Inc. (ASAN) - free report >>

Our experts picked 7 Zacks Rank #1 Strong Buy stocks with the best chance to skyrocket in today's market conditions.

Recent recommendations from this report have soared up to +178.7% in 3 months - this month's picks could be even better. See our report's 7 new picks today, absolutely FREE.

Privacy Policy | No cost, no obligation to buy anything ever.

This page has not been authorized, sponsored, or otherwise approved or endorsed by the companies represented herein. Each of the company logos represented herein are trademarks of Microsoft Corporation; Dow Jones & Company; Nasdaq, Inc.; Forbes Media, LLC; Investor's Business Daily, Inc.; and Morningstar, Inc.

Copyright 2022 Zacks Investment Research | 10 S Riverside Plaza Suite #1600 | Chicago, IL 60606

At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.75% per year. These returns cover a period from January 1, 1988 through May 2, 2022. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. The monthly returns are then compounded to arrive at the annual return. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Zacks Ranks stocks can, and often do, change throughout the month. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations.

Visit Performance Disclosure for information about the performance numbers displayed above.

Visit www.zacksdata.com to get our data and content for your mobile app or website.

Real time prices by BATS. Delayed quotes by Sungard.

NYSE and AMEX data is at least 20 minutes delayed. NASDAQ data is at least 15 minutes delayed.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.