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Adtran Holdings Inc Reports Results For The Quarter Ended December 31: Earnings Summary

ADTRAN Holdings Inc ADTN.OQ reported quarterly breakeven results​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of $-1.09.  The mean expectation of four analysts for the quarter was for a loss of 3 cents per share. Wall Street expected results to range from -4 cents to -2 cents per share.

Revenue rose 7.7% to $242.85 million from a year ago; analysts expected $237.95 million.

ADTRAN Holdings Inc's reported EPS for the quarter was a loss of 58 cents​.

The company reported a quarterly loss of $45.92 million.

ADTRAN Holdings Inc shares had risen by 25.2% this quarter.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 8.1% in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell."

The average consensus recommendation for the communications & networking peer group is also "buy"

Wall Street's median 12-month price target for ADTRAN Holdings Inc is $11.00

This summary was machine generated from LSEG data February 27 at 04:43 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Dec. 31 2024-0.030.00Beat
Sep. 30 2024-0.04-0.05Missed
Jun. 30 2024-0.09-0.24Missed
Mar. 31 2024-0.11-0.02Beat

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