ADTRAN Q3 2022: Revenue $340.7M, GAAP net loss $44.9M, non-GAAP EPS $0.11

ADTRAN Holdings, Inc.

2022-Q3 EPS reported -$0.72 revenue$667,265,000

GAAP net loss attributable to company $41.9M, loss per share $0.57.
Non-GAAP net income attributable to company $7.7M, non-GAAP diluted EPS $0.11.
Declared quarterly cash dividend of $0.09 per share, payable Dec 6 to holders of record Nov 22.
Closed business combination with ADVA Optical Networking in Q3; CEO cites increased market presence.
Revenue $340.7M; results include purchase accounting and one-time deal expenses.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 1.0

ADTRAN Holdings, Inc. reported the third quarter of 2022 results: revenue $340.7 million, net income Net loss attributable to the Company for the third quarter of 2022 was $41.9 million, EPS loss per share attributable to the Company was $0.57.

Period: the third quarter of 2022
Revenue: $340.7 million
Net income: Net loss attributable to the Company for the third quarter of 2022 was $41.9 million
EPS: loss per share attributable to the Company was $0.57
Result: reported results

Exact text from the filing

For the quarter, revenue was $340.7 million. Net loss inclusive of the non-controlling interest for the third quarter of 2022 was $44.9 million. Net loss attributable to the Company for the third quarter of 2022 was $41.9 million and loss per share attributable to the Company was $0.57.

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ADTRAN Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0000950170-22-022906

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