Brief: Adtran Holdings Announces Preliminary Results For The First Quarter Of 2023

Adtran Holdings

11/04/2023 04:32

April 10 (Reuters) - Adtran Holdings Inc  ADTN.O :
    * ADTRAN HOLDINGS ANNOUNCES PRELIMINARY RESULTS FOR THE
FIRST
QUARTER OF 2023
    * ADTRAN HOLDINGS - FOR Q1, PRELIMINARY REVENUE IS EXPECTED
TO BE
BETWEEN $322 MILLION AND $326 MILLION AS COMPARED TO OUR
GUIDANCE OF $355 MILLION TO $375 MILLION
    * Q1 RESULTING PRELIMINARY GAAP OPERATING MARGIN IS EXPECTED
TO BE
BETWEEN -14% AND -17%
    * QTRLY PRELIMINARY NON-GAAP OPERATING MARGIN IS EXPECTED TO
BE
BETWEEN -1% AND -2.5%

Source text for Eikon:  ID:nBw1H1fQva 
Further company coverage:  ADTN.O 

 ((Reuters.Briefs@thomsonreuters.com;))