other material
confidence high
sentiment neutral
materiality 0.40
ADTRAN Holdings files 8-K/A to correct segment cost of revenue allocation for Q3 2022
ADTRAN Holdings, Inc.
- Corrected Network Solutions segment cost of revenue: Q3 $222.6M, 9M $413.2M.
- Corrected Services & Support segment cost of revenue: Q3 $15.1M, 9M $34.2M.
- Total cost of revenue unchanged; no other financial figures affected.
- Amendment to Nov 7, 2022 earnings press release; segment-level allocation error.