ADTN

ADTRAN Holdings, Inc. Reports Third Quarter 2023 Financial Results and Announces Business Efficiency Program

Retrieved on: 
Tuesday, November 7, 2023
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ADTRAN Holdings, Inc. (NASDAQ: ADTN and FSE: QH9) (“ADTRAN Holdings” or the “Company”) today announced its financial results for the third quarter of 2023.

Key Points: 
  • ADTRAN Holdings, Inc. (NASDAQ: ADTN and FSE: QH9) (“ADTRAN Holdings” or the “Company”) today announced its financial results for the third quarter of 2023.
  • Sequentially, the Company reduced GAAP operating expenses by 8% from $137.2 million in the second quarter 2023 to $125.7 million in the third quarter 2023.
  • The Company reduced non-GAAP operating expenses by 6.3% from $122.7 million in the second quarter 2023 to $114.9 million in the third quarter 2023.
  • GAAP net loss attributable to the Company for the third quarter of 2023 was $72.7 million.

Adtran Holdings, Inc. To Release Third Quarter 2023 Earnings on November 6, 2023

Retrieved on: 
Wednesday, October 25, 2023
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ADTRAN Holdings, Inc. (NASDAQ: ADTN and FSE: QH9) announced today that the Company will release its financial results for the third quarter 2023 after market close on Monday, November 6, 2023.

Key Points: 
  • ADTRAN Holdings, Inc. (NASDAQ: ADTN and FSE: QH9) announced today that the Company will release its financial results for the third quarter 2023 after market close on Monday, November 6, 2023.
  • The Company will conduct a conference call on Tuesday, November 7, 2023, to discuss the results for the quarter.
  • To listen, simply visit ADTRAN Holdings, Inc. Investor Relations site at www.adtran.com/investor approximately 10 minutes prior to the start of the call, click on the event “ADTRAN Holdings, Inc.
  • Releases 3rd Quarter 2023 Financial Results and Earnings Call”, and click on the Webcast link.

ADTRAN Holdings announces preliminary results for the third quarter of 2023

Retrieved on: 
Tuesday, October 17, 2023
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ADTRAN Holdings, Inc. (NASDAQ: ADTN and FSE: QH9) (“ADTRAN Holdings” or the “Company”) today announced certain preliminary unaudited financial results for the quarter ended September 30, 2023.

Key Points: 
  • ADTRAN Holdings, Inc. (NASDAQ: ADTN and FSE: QH9) (“ADTRAN Holdings” or the “Company”) today announced certain preliminary unaudited financial results for the quarter ended September 30, 2023.
  • For the third quarter, preliminary revenue was $272.3 million as compared to the Company’s prior guidance range of $275 million to $305 million.
  • The resulting preliminary GAAP operating margin for the third quarter was -30.2%, and it was impacted by certain one-time adjustments that are outlined below.
  • Preliminary non-GAAP operating margin for the third quarter was -1.9%, which is at the upper end of the Company’s guidance.

ADTRAN Holdings, Inc. to Meet with Investors at the German Fall Conference 2023 – Equity Forum on September 4-5, 2023

Retrieved on: 
Tuesday, August 29, 2023
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ADTRAN Holdings, Inc. (NASDAQ: ADTN; FSE: QH9), announced today that Company representatives will meet with investors at the Germany Fall Conference 2023 – Equity Forum in Frankfurt, Germany, September 4-5, 2023.

Key Points: 
  • ADTRAN Holdings, Inc. (NASDAQ: ADTN; FSE: QH9), announced today that Company representatives will meet with investors at the Germany Fall Conference 2023 – Equity Forum in Frankfurt, Germany, September 4-5, 2023.
  • ADTRAN representatives will discuss company performance and current industry trends that may affect the market and ADTRAN’s business.
  • The matters discussed at this conference may include certain forward-looking statements that represent the Company’s expectations or beliefs and reflect management’s best judgment based on factors currently known.
  • These statements by their nature involve substantial risks and uncertainties, which may be beyond the Company’s control.

ADTRAN Holdings, Inc. Announces Corrected Ex-Dividend Date for Second Quarter Cash Dividend – Payment Amount, Payable Date and Record Date Unchanged

Retrieved on: 
Thursday, August 10, 2023
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The ex-dividend date will be August 18, 2023 rather than the previously announced date of August 20, 2023.

Key Points: 
  • The ex-dividend date will be August 18, 2023 rather than the previously announced date of August 20, 2023.
  • All other dates and information relating to the cash dividend payment, as previously communicated in the Company’s August 6, 2023 press release, remain unchanged.
  • In addition, ADTRAN Holdings, through its senior management, may from time to time make forward-looking public statements concerning the matters described herein.
  • Actual events or results may differ materially from those anticipated in these forward-looking statements as a result of a variety of factors.

EQS-News: Adtran Holdings, Inc.: ADTRAN Holdings, Inc. reports second quarter 2023 results

Retrieved on: 
Monday, August 7, 2023
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HUNTSVILLE, AL — (August 06, 2023) — ADTRAN Holdings, Inc. (NASDAQ: ADTN and FSE: QH9) (“ADTRAN Holdings” or the “Company”) today announced its financial results for the second quarter of 2023.

Key Points: 
  • HUNTSVILLE, AL — (August 06, 2023) — ADTRAN Holdings, Inc. (NASDAQ: ADTN and FSE: QH9) (“ADTRAN Holdings” or the “Company”) today announced its financial results for the second quarter of 2023.
  • Net loss attributable to the Company for the second quarter of 2023 was $33.3 million, down 1,655% year-over-year and up 3% quarter-over-quarter.
  • Consequently, diluted loss per share attributable to the Company for the quarter was $0.43, down by 1,175% year-over-year and up 2% quarter-over-quarter.
  • ADTRAN Holdings Chairman and Chief Executive Officer Tom Stanton stated, "Our Q2 2023 results were in line with our expectations.

ADTRAN Holdings, Inc. Reports Second Quarter 2023 Results

Retrieved on: 
Sunday, August 6, 2023
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ADTRAN Holdings, Inc. (NASDAQ: ADTN and FSE: QH9) (“ADTRAN Holdings” or the “Company”) today announced its financial results for the second quarter of 2023.

Key Points: 
  • ADTRAN Holdings, Inc. (NASDAQ: ADTN and FSE: QH9) (“ADTRAN Holdings” or the “Company”) today announced its financial results for the second quarter of 2023.
  • Net loss attributable to the Company for the second quarter of 2023 was $33.3 million, down 1,655% year-over-year and up 3% quarter-over-quarter.
  • ADTRAN Holdings Chairman and Chief Executive Officer Tom Stanton stated, “Our Q2 2023 results were in line with our expectations.
  • The Company confirmed that it will hold a conference call to discuss its second quarter results on Tuesday, August 8, 2023, at 9:30 a.m. Central Time, or 4:30 p.m. Central European Summer Time.

ADTRAN Holdings, Inc. to Release Second Quarter 2023 Earnings on August 7, 2023

Retrieved on: 
Monday, July 24, 2023
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ADTRAN Holdings, Inc. (NASDAQ: ADTN) announced today that the Company will release its financial results for the second quarter 2023 after market close on Monday, August 7, 2023.

Key Points: 
  • ADTRAN Holdings, Inc. (NASDAQ: ADTN) announced today that the Company will release its financial results for the second quarter 2023 after market close on Monday, August 7, 2023.
  • The Company will conduct a conference call on Tuesday, August 8, 2023, to discuss the results for the quarter.
  • To listen, simply visit ADTRAN Holdings, Inc. Investor Relations site at www.adtran.com/investor approximately 10 minutes prior to the start of the call, click on the event “ADTRAN Holdings, Inc.
  • Releases 2nd Quarter 2023 Financial Results and Earnings Call”, and click on the Webcast link.

ADTRAN Holdings, Inc. to Meet with Investors at the Rosenblatt Securities Virtual Roadshow on May 25, 2023

Retrieved on: 
Saturday, May 20, 2023
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ADTRAN Holdings, Inc. (NASDAQ: ADTN), announced today that Company representatives will meet with investors at the Rosenblatt Securities Virtual Roadshow on May 25, 2023.

Key Points: 
  • ADTRAN Holdings, Inc. (NASDAQ: ADTN), announced today that Company representatives will meet with investors at the Rosenblatt Securities Virtual Roadshow on May 25, 2023.
  • Adtran representatives will discuss company performance and current industry trends that may affect the market and Adtran’s business.
  • These statements by their nature involve substantial risks and uncertainties, which may be beyond the Company’s control.
  • Actual results could differ materially from those projected in the forward-looking statements.

ADTRAN Holdings, Inc. Reports Earnings for the First Quarter of 2023 and Declares Quarterly Cash Dividend

Retrieved on: 
Tuesday, May 9, 2023
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ADTRAN Holdings, Inc., (NASDAQ: ADTN and FSE: QH9) (“ADTRAN Holdings” or the “Company”), today announced its financial results for the first quarter of 2023.

Key Points: 
  • ADTRAN Holdings, Inc., (NASDAQ: ADTN and FSE: QH9) (“ADTRAN Holdings” or the “Company”), today announced its financial results for the first quarter of 2023.
  • Net loss inclusive of the non-controlling interest for the first quarter of 2023 was $40.5 million.
  • Net loss attributable to the Company for the first quarter of 2023 was $34.5 million and diluted loss per share attributable to the Company was $0.44.
  • Non-GAAP net loss attributable to the Company was $5.0 million and non-GAAP diluted loss per share attributable to the Company was $0.06.