ADTRAN Holdings Inc
NASDAQ:ADTN

  • LAST PRICE
    4.7100
  • TODAY'S CHANGE (%)
    0.0000 (0.0000%)
  • Bid / Lots
    4.5100/ 1
  • Ask / Lots
    4.6300/ 14
  • Open / Previous Close
    0.0000 / 4.7100
  • Day Range
    ---
  • 52 Week Range
    4.3400
    11.0200
  • Volume
    202

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  • Today

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    • 8 hours ago by Business Wire
      Companies Mentioned: ADTN

      ADTRAN Holdings, Inc. (NASDAQ: ADTN and FSE: QH9) ("ADTRAN Holdings" or the "Company") today announced its unaudited financial results for the first quarter of 2024.

      GAAP gross margin for the first quarter was 31.9%, compared to 34.8% in Q4 2023 and 27.1% in the year-ago quarter, representing an improvement of 484 basis points ("bps") year-over-year but a decrease of 285 bps quarter-over-quarter. The year-over-year improvement primarily resulted from lower purchasing and transportation costs, as well as lower acquisition-related expenses, amortizations and adjustments. The sequential margin decline is primarily due to $8.8 million of inventory charges related to a strategy shift as part of our Business Efficiency Program.

    • 8 hours ago by Dow Jones
      Companies Mentioned: ADTN
      Activities to Free Cash Flow (Unaudited) (In thousands) Three Months Ended ------------------------------------ March 31, December 31, March 31, 2024 2023 2023 --------- -------------- --------- Net Cash provided by (used in) operating activities $ 36,598 $ (16,290) $(19,926) Purchases of property, plant and equipment (13,374) (9,447) (8,439) -------- ---------- -------- Free cash flow $ 23,224 $ (25,737) $(28,365) ======== ========== ========

    • 8 hours ago by Dow Jones
      Companies Mentioned: ADTN
      Activities to Free Cash Flow (Unaudited) (In thousands) Three Months Ended ------------------------------------ March 31, December 31, March 31, 2024 2023 2023 --------- -------------- --------- Net Cash provided by (used in) operating activities $ 36,598 $ (16,290) $(19,926) Purchases of property, plant and equipment (13,374) (9,447) (8,439) -------- ---------- -------- Free cash flow $ 23,224 $ (25,737) $(28,365) ======== ========== ========

  • May 3, 2024

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