{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-271842","form_type":"8-K","ticker":"ADTN","cik":"0000926282","company_name":"ADTRAN Holdings, Inc.","filed_at":"2023-11-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:32.435616+00:00","generated_at":"2026-06-08T18:40:56.564199+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"ADTRAN Q3 revenue $272.3M, net loss $0.93; suspends dividend, Q4 guidance well below consensus","bullets":["GAAP revenue $272.3M, below guidance; GAAP net loss $72.7M ($0.93 diluted loss per share).","Non-GAAP net loss $10.8M ($0.14 diluted loss); non-GAAP gross margin 40.3%.","Goodwill impairment $37.9M and inventory write-off $21.0M hit GAAP results.","Business efficiency program targets $90M non-GAAP opex reduction in 2024 vs 2023; quarterly dividend suspended.","Q4 2023 revenue guidance $210-240M (consensus $287.8M); non-GAAP op margin -7% to 0%."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-271842","json":"https://secwatch.observer/filing/0001193125-23-271842.json","markdown":"https://secwatch.observer/filing/0001193125-23-271842.md","text":"https://secwatch.observer/filing/0001193125-23-271842.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/926282/000119312523271842/0001193125-23-271842-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/926282/000119312523271842/d578796d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T18:40:56.564199+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"03eb63809801332b2e7df538463b24e00a852890","claim":"ADTRAN Holdings, Inc. reported the fiscal quarter ended September 30, 2023 results: revenue $272.3 million, net income $72.7 million, EPS $0.93. Guidance lowered.","evidence_excerpt":"--- EX-99.1 (EX-99.1) --- EX-99.1 Exhibit 99.1 ADTRAN Holdings, Inc. reports third quarter 2023 financial results and announces business efficiency program • Q3 revenue at $272.3 million with sequential improvement in GAAP and non-GAAP operating expenses • 15% projected reduction in non-GAAP operating expenses in Q4 2023 as compared to Q3 2023 • Targeting","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/926282/000119312523271842/0001193125-23-271842-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal quarter ended September 30, 2023"},{"label":"Revenue","value":"$272.3 million"},{"label":"Net income","value":"$72.7 million"},{"label":"EPS","value":"$0.93"},{"label":"Guidance","value":"lowered"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}