ADTRAN announced financial results for the fourth quarter 2019 with a revenue of $115.8 million compared to $140.1 million for the fourth quarter of 2018. The company's net loss was $12.7 million, or $0.26 per share, compared to a net loss of $8.4 million, or $0.18 per share, for the fourth quarter of 2018.
Q4 2019 revenue was $115.8 million, compared to $140.1 million for Q4 2018.
Net loss for Q4 2019 was $12.7 million, compared to a net loss of $8.4 million for Q4 2018.
Loss per share was $0.26, compared to a loss of $0.18 per share for Q4 2018.
Non-GAAP loss per share was $0.07 compared to a non-GAAP loss of $0.12 for Q4 2018.
The press release contains forward-looking statements, generally identified by the use of words such as “believe,” “expect,” “intend,” “estimate,” “anticipate,” “will,” “may,” “could” and similar expressions, which forward-looking statements reflect management’s best judgment based on factors currently known.
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