CommScope Holding Company Inc. (NASDAQ: COMM) saw its stock surge 5.82% in intraday trading, building on the momentum from its pre-market rally. The telecommunications equipment company's shares gained traction following the release of its impressive first-quarter 2025 financial results and the announcement of a stock buyback program.

CommScope reported stellar performance across all its core segments for Q1 2025. Core net sales reached $1.112 billion, marking a significant 23% year-over-year increase. More impressively, the company's core adjusted EBITDA skyrocketed by 159% compared to the same period last year, hitting $245 million. This strong financial showing represents the fourth consecutive quarter of sequential improvement in adjusted EBITDA.

A standout performer in CommScope's portfolio was its enterprise fiber business, which caters to the booming data center market. This segment saw an impressive 88% year-over-year revenue growth, driven by increasing demand from hyperscale and cloud customers, particularly those focused on AI initiatives. Adding to investor optimism, CommScope's Board of Directors approved a $50 million stock buyback program, signaling management's confidence in the company's undervalued equity and potential for future growth.

While the company faces some headwinds, including potential tariff impacts estimated between $10 million to $15 million in the second quarter, management expressed confidence in their ability to mitigate these challenges through their flexible global manufacturing footprint and strategic initiatives. Despite these concerns, CommScope reaffirmed its 2025 adjusted EBITDA guidance range of $1 billion to $1.05 billion, further bolstering investor confidence in the company's outlook.