secwatch.observer — SEC 8-K summary
======================================

Issuer:     ADTRAN Holdings, Inc. (ADTN)
CIK:        0000926282
Form:       8-K
Filed at:   2023-05-09T23:59:59+00:00
Accession:  0000950170-23-019145
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ADTRAN Q1 2023 revenue $323.9M, net loss $34.5M ($0.44 diluted EPS)
-------------------------------------------------------------------

- Revenue $323.9M; GAAP net loss $34.5M ($0.44 EPS); non-GAAP net loss $5.0M ($0.06 EPS).
- Net loss inclusive of non-controlling interest was $40.5M.
- Slowing sales in Subscriber Solutions; management expects customer inventory management to impact near-term results.
- Board declared Q1 cash dividend $0.09/share, payable June 6 to holders of record May 23.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/926282/000095017023019145/0000950170-23-019145-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/926282/000095017023019145/adt-20230508.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-019145

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer