ADTN Q2 2024 Earnings — ADTRAN Holdings, Inc. Revenue & Financial Results | Market Cap Arena

ADTNADTRAN Holdings, Inc.

$811M

Q2 2024 Earnings

Technology Communication Equipment

Income Statement

Revenue

$226M-31.0% YoY

Gross Profit

$82M36.1% margin

Operating Income

-$38M-17.0% margin

Net Income

-$50M-22.1% margin

EPS (Diluted)

$-0.63

QoQ Revenue Growth

-0.1%

Cash Flow

Operating Cash Flow

$20M

Free Cash Flow

$4M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$1.3B

Total Liabilities

$631M

Stockholders' Equity

$220M

Cash & Equivalents

$111M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$226M	$327M	-31.0%
Gross Profit	$82M	$93M	-11.9%
Operating Income	-$38M	-$45M	+14.2%
Net Income	-$50M	-$39M	-27.5%

Revenue Segments

Subscriber Solutions And Experience

$82M36%

Optical Networking Solutions

$74M33%

Access & Aggregation Solutions

$70M31%

Geographic Segments

UNITED STATES

$108M48%

Other International

$50M22%

UNITED KINGDOM

$44M19%

GERMANY

$25M11%