earnings
confidence high
sentiment neutral
materiality 0.65
ADTN Q3 revenue $227.7M, above guidance midpoint; non-GAAP op margin positive 1.1%
ADTRAN Holdings, Inc.
2024-Q3 EPS reported
-$5.10
revenue$679,868,000
- GAAP diluted loss per share $0.36; non-GAAP diluted loss per share $0.05.
- GAAP gross margin 37.4%; non-GAAP gross margin 42.1%, up sequentially.
- GAAP operating margin -10.5% (improved); non-GAAP operating margin 1.1% (positive).
- Q4 2024 revenue guidance: $230M-$245M; non-GAAP op margin 0%-4%.
- CEO cites recovery in service provider spending and customer acquisition growth.