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Dec 31, 2022
ADTRAN Q4 2022 Earnings Report
ADTRAN Holdings reported preliminary earnings for Q4 2022.
Key Takeaways
ADTRAN Holdings reported preliminary Q4 2022 revenue of $358.3 million and net income of $35.0 million. The company's EPS was $0.49, and non-GAAP EPS was $0.12.
Q4 revenue was $358.3 million.
Net income for Q4 was $35.0 million.
Diluted earnings per share was $0.49.
Non-GAAP diluted earnings per share was $0.12.
Revenue by Segment
Forward Guidance
Fourth quarter revenue was in the lower side of our guidance range at $358.3 million, as strength in optical networking solutions helped to offset delays in new product introductions. The supply environment has improved year-over-year, which had a positive effect on our gross margins. We also expect supply bottlenecks to continue to alleviate during 2023.
Positive Outlook
- Strength in optical networking solutions
- Supply environment has improved year-over-year
- Positive effect on gross margins
- Expect supply bottlenecks to continue to alleviate during 2023
- Strong growth in the EMEA region
Challenges Ahead
- Fourth quarter revenue was in the lower side of our guidance range
- Delays in new product introductions
- Preliminary nature of the announcement
- Figures in this release are approximate
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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