ADTN Q1 2023 Earnings — ADTRAN Holdings, Inc. Revenue & Financial Results | Market Cap Arena

ADTNADTRAN Holdings, Inc.

$811M

Q1 2023 Earnings

Technology Communication Equipment

Income Statement

Revenue

$324M+109.6% YoY

Gross Profit

$88M27.1% margin

Operating Income

-$50M-15.4% margin

Net Income

-$40M-12.4% margin

EPS (Diluted)

$-0.51

QoQ Revenue Growth

-9.6%

Cash Flow

Operating Cash Flow

-$20M

Free Cash Flow

-$28M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$1.9B

Total Liabilities

$676M

Stockholders' Equity

$820M

Cash & Equivalents

$136M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$324M	$155M	+109.6%
Gross Profit	$88M	$54M	+61.7%
Operating Income	-$50M	-$68,000	-73035.3%
Net Income	-$40M	-$1M	-3456.6%

Revenue Segments

Optical Networking Solutions

$148M46%

Access & Aggregation Solutions

$97M30%

Subscriber Solutions And Experience

$79M24%

Geographic Segments

UNITED STATES

$131M41%

GERMANY

$76M24%

Other International

$59M18%

UNITED KINGDOM

$57M18%