CommScope Holding Co. stock rose more than 7 percent Wednesday after it reported earnings that beat Wall Street expectations, according to a filing with the Securities and Exchange Commission.

The Hickory-based company reported third quarter earnings per share of 55 cents, slightly above analyst expectations of 54 cents per share.

The company reported sales of $1.13 billion and net income of $107 million for the third quarter that also met analyst expectations.

“We are pleased to deliver results at the upper end of our expectations despite a challenging industry environment,” said Chief Executive Officer Eddie Edwards in a statement.

Edwards has served as CEO since 2011. Prior to that, he was the company’s chief operating officer.

The company also projected fourth-quarter earnings between 43 cents per share and 50 cents per share, and fourth-quarter revenue between $1.09 billion and $1.14 billion. Both projections are in line with current Wall Street estimates.

CommScope helps companies around the world design, build and manage both wired and wireless networks.

The network infrastructure provider currently has 25,000 employees with clients in over 130 countries.

CommScope stock is currently up $2.47, or 7.6 percent, at $34.60 a share in Wednesday morning trading.