ADTRAN Reports Wider-Than-Expected Q3 Loss on Lower Revenues [Yahoo! Finance]
ADTRAN Holdings, Inc. (ADTN)
Last adtran holdings, inc. earnings: 2/5 08:05 pm
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US:NASDAQ Investor Relations:
portal.adtran.com/web/page/portal/adtran/wp_investorrelations_landing
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Source: Yahoo! Finance
Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar The company recorded a top-line contraction year over year due to lackluster demand trends in the Network Solutions business. Macroeconomic challenges and inventory corrections continued to impact customer spending during the quarter. However, management focuses on cost optimization and enhancing its operating model to ensure higher long-term shareholder returns. On a GAAP basis, the company incurred a net loss of $31.2 million or 36 cents per share compared with $78.2 million or $1.00 per share in the year-ago quarter. Despite lower sales, a decline in costs of revenues and operating expenses led to the bottom-line improvement. Non-GAAP net loss was $6.7 million or 5 cents per share compared with $13.9 million or 18 cents per share in the year-ago quarter. The loss was wider than the Zacks Consensus Estimate of 2 cents. ADTRAN Holdings, Inc. price-consensus-eps-surprise-chart | ADTRAN Holdings, Inc. Quo
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ADTN
News
- ADTRAN Holdings, Inc., to Meet with Investors at the Deutsches Eigenkapitalforum 2024 [Yahoo! Finance]Yahoo! Finance
- ADTRAN Holdings, Inc., to Meet with Investors at the Deutsches Eigenkapitalforum 2024Business Wire
- David Nierenberg's Strategic Moves in Q3 2024: A Closer Look at Mr. Cooper Group Inc's Impact [Yahoo! Finance]Yahoo! Finance
- ADTRAN Holdings, Inc. to Meet with Investors at the 18th Annual Needham Virtual Security, Networking, & Communications ConferenceBusiness Wire
- ADTRAN Holdings Third Quarter 2024 Earnings: EPS Misses Expectations [Yahoo! Finance]Yahoo! Finance
ADTN
Earnings
- 11/7/24 - In-Line
ADTN
Sec Filings
- 11/19/24 - Form 4
- 11/19/24 - Form 4
- 11/18/24 - Form S-3
- ADTN's page on the SEC website