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ADTN
StockNews.AI
173 days

ADTRAN Holdings, Inc. reports preliminary fourth quarter and full-year 2024 financial results

1. ADTRAN's Q4 revenue reached $242.9 million, up 7% sequentially. 2. Gross margins improved, indicating strong operational performance.

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$10.6102/26 11:14 PM EDTEvent Start

$10.5702/28 06:01 AM EDTLatest Updated
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FAQ

Why Bullish?

The revenue growth and improved margins suggest positive market sentiment and operational efficiency. Historical similar announcements from tech firms often led to stock price increases due to investor confidence.

How important is it?

Earnings reports are critical indicators of a company's financial health and often drive stock price. The reported growth and improved margins indicate strong performance that could attract investor interest.

Why Short Term?

Investors typically react quickly to earnings announcements that exceed forecasts, impacting stock price in the short-term. Following previous quarterly announcements, ADTN often sees immediate price movements.

Related Companies

HUNTSVILLE, Ala.--(BUSINESS WIRE)--ADTRAN Holdings, Inc. (NASDAQ: ADTN and FSE: QH9) (“ADTRAN Holdings” or the “Company”) today announced its preliminary unaudited financial results for the fourth quarter and full-year ended December 31, 2024. Revenue: $242.9 million, up 7% sequentially and above the mid-point of outlook. Gross margin: GAAP gross margin: 37.6%; non-GAAP gross margin: 42.0%. Operating margin: improved sequentially on a GAAP and non-GAAP basis, above the mid-point of outlook. GAA.

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