Brief: Adtran Says Misstatements Occurred Effectiveness Of Domination Profit And Loss Transfer Agreement Between Company And Adtran Networks

Adtran Holdings

20/02/2024 22:00

Feb 20 (Reuters) - ADTRAN Holdings Inc  ADTN.O :
    * EQS-ADHOC: RESTATEMENT OF RESULTS ATTRIBUTABLE TO MINORITY
SHAREHOLDERS OF ADTRAN NETWORKS SE AND OF NET LOSS AND LOSS PER
COMMON SHARE ATTRIBUTABLE TO ADTRAN HOLDINGS, INC. FOR Q1 2023
THROUGH Q3 2023
    * ADTRAN - MISSTATEMENTS OCCURRED FOLLOWING EFFECTIVENESS OF
DOMINATION PROFIT AND LOSS TRANSFER AGREEMENT ("DPLTA") BETWEEN
COMPANY AND ADTRAN NETWORKS
    * ADTRAN - ERROR HAS NO IMPACT ON, OR RESULT IN CHANGE TO,
REPORTED AMOUNTS THROUGH CONSOLIDATED NET LOSS ON CONDENSED
CONSOLIDATED STATEMENTS OF LOSS

Source text for Eikon:  ID:nEQ9J0htga 
Further company coverage:  ADTN.O 

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