earnings
confidence high
sentiment negative
materiality 0.70
ADTRAN Q2 revenue $226M, GAAP net loss $49.9M ($0.63/share); Q3 rev guidance $215-235M
ADTRAN Holdings, Inc.
2024-Q2 EPS reported
-$4.75
revenue$452,164,000
- Revenue $226M; GAAP gross margin 36.1%, non-GAAP 41.9%.
- GAAP net loss $49.9M ($0.63 diluted EPS); non-GAAP net loss $18.8M ($0.24).
- Non-GAAP operating margin positive 0.7% (GAAP negative 17.0%).
- Q3 guidance: revenue $215M-$235M; non-GAAP operating margin -1% to +3%.
- CEO Tom Stanton cited growth in customer base across U.S. and Europe.