ADTNADTRAN Holdings, Inc.

$811M

Q4 2023 Earnings

Technology Communication Equipment

Income Statement

Revenue

$225M-37.1% YoY

Gross Profit

$78M34.8% margin

Operating Income

-$38M-16.7% margin

Net Income

-$110M-48.8% margin

EPS (Diluted)

$-1.40

QoQ Revenue Growth

-17.2%

Cash Flow

Operating Cash Flow

-$16M

Free Cash Flow

-$26M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$1.7B

Total Liabilities

$629M

Stockholders' Equity

$605M

Cash & Equivalents

$87M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$225M	$358M	-37.1%
Gross Profit	$78M	$107M	-26.9%
Operating Income	-$38M	-$33M	-14.4%
Net Income	-$110M	$39M	-382.8%

Revenue Segments

Optical Networking Solutions

$86M38%

Subscriber Solutions And Experience

$75M33%

Access & Aggregation Solutions

$64M28%

Geographic Segments

UNITED STATES

$86M38%

UNITED KINGDOM

$64M28%

Other International

$57M25%

GERMANY

$19M8%

ADTN Q4 2023 Earnings — ADTRAN Holdings, Inc. Revenue & Financial Results | Market Cap Arena