ADTN Q1 2024 Earnings — ADTRAN Holdings, Inc. Revenue & Financial Results | Market Cap Arena

ADTNADTRAN Holdings, Inc.

$811M

Q1 2024 Earnings

Technology Communication Equipment

Income Statement

Revenue

$226M-30.2% YoY

Gross Profit

$70M31.1% margin

Operating Income

-$346M-153.1% margin

Net Income

-$331M-146.2% margin

EPS (Diluted)

$-4.20

QoQ Revenue Growth

+0.3%

Cash Flow

Operating Cash Flow

$38M

Free Cash Flow

$23M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$1.3B

Total Liabilities

$620M

Stockholders' Equity

$266M

Cash & Equivalents

$107M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$226M	$324M	-30.2%
Gross Profit	$70M	$88M	-19.9%
Operating Income	-$346M	-$50M	-596.2%
Net Income	-$331M	-$40M	-725.2%

Revenue Segments

Access & Aggregation Solutions

$81M36%

Optical Networking Solutions

$75M33%

Subscriber Solutions And Experience

$70M31%

Geographic Segments

UNITED STATES

$83M37%

UNITED KINGDOM

$53M23%

Other International

$50M22%

GERMANY

$40M18%