secwatch.observer — SEC 8-K summary
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Issuer:     ADTRAN Holdings, Inc. (ADTN)
CIK:        0000926282
Form:       8-K
Filed at:   2024-11-07T23:59:59+00:00
Accession:  0000950170-24-122762
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ADTN Q3 revenue $227.7M, above guidance midpoint; non-GAAP op margin positive 1.1%
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/926282/000095017024122762/0000950170-24-122762-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/926282/000095017024122762/adtn-20241106.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-122762

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