How did COMM's Q4 earnings surprise investors?

CommScope Holding Company, Inc. (NASDAQ: COMM) experienced a notable decline in its Q4 revenue, which fell by 32% year-over-year to $1.08 billion, missing analyst estimates by 24%. Additionally, the company reported a net loss of $113.1 million, a significant improvement from the $187.1 million loss in the same period the previous year, but still reflecting a challenging financial period for the company. The revenue shortfall and net loss, despite improvement, likely contributed to a negative earnings surprise, as investors had anticipated better performance given the prior year's losses. The company's shares suffered a 31% decline following the earnings release, indicating market disappointment with the results.