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Mar 31, 2020
ADTRAN Q1 2020 Earnings Report
ADTRAN reported a net loss for Q1 2020, with solid demand and growth in domestic regional and emerging service provider market segments.
Key Takeaways
ADTRAN reported a revenue of $114.5 million for Q1 2020, compared to $143.8 million for Q1 2019. The company experienced a net loss of $10.0 million, or $0.21 per share, compared to a net income of $0.8 million, or $0.02 per share, for the same period last year. Non-GAAP net loss was $2.2 million, or $0.05 per share, compared to a non-GAAP net income of $4.9 million, or $0.10 per share, for Q1 2019.
Revenue for the quarter was $114.5 million, compared to $143.8 million for the first quarter of 2019.
Net loss for the first quarter of 2020 was $10.0 million, compared to net income of $0.8 million for the first quarter of 2019.
Loss per share was $0.21, compared to earnings of $0.02 per share for the first quarter of 2019.
Non-GAAP loss was $2.2 million compared to a non-GAAP net income of $4.9 million for the first quarter of 2019.
Revenue by Segment
Forward Guidance
No forward guidance provided in this report.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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