ADTN Q3 2024 Earnings — ADTRAN Holdings, Inc. Revenue & Financial Results | Market Cap Arena

ADTNADTRAN Holdings, Inc.

$811M

Q3 2024 Earnings

Technology Communication Equipment

Income Statement

Revenue

$228M-16.4% YoY

Gross Profit

$85M37.4% margin

Operating Income

-$24M-10.5% margin

Net Income

-$31M-13.7% margin

EPS (Diluted)

$-0.40

QoQ Revenue Growth

+0.8%

Cash Flow

Operating Cash Flow

$41M

Free Cash Flow

$23M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$1.3B

Total Liabilities

$637M

Stockholders' Equity

$214M

Cash & Equivalents

$88M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$228M	$272M	-16.4%
Gross Profit	$85M	$74M	+14.8%
Operating Income	-$24M	-$89M	+73.1%
Net Income	-$31M	-$73M	+57.1%

Revenue Segments

Subscriber Solutions And Experience

$90M40%

Optical Networking Solutions

$71M31%

Access & Aggregation Solutions

$67M29%

Geographic Segments

UNITED STATES

$103M45%

UNITED KINGDOM

$49M22%

Other International

$49M21%

GERMANY

$27M12%