Brief: Adva Says Preliminary Annual Pro Forma EBIT Down By 7.8% To EUR 50.4 Million

Adtran Networks SE

21/02/2023 04:05

Feb 20 (Reuters) - ADVA Optical Networking SE  ADAG.DE :
    * PRELIMINARY ANNUAL PRO FORMA EBIT DOWN BY 7.8% TO EUR 50.4
MILLION (7.1% OF REVENUES)
    * REVENUES IN Q4 2022 REACHED EUR 195.7 MILLION, UP BY 9.0%
FROM
EUR 179.6 MILLION IN Q3 2022
    * PRO FORMA GROSS PROFIT IN Q4 2022 INCREASED BY 17.4%,
REACHING
EUR 71.4 MILLION COMPARED TO EUR 60.9 MILLION  IN Q3
    * BASIC EARNINGS PER SHARE IN 2022 AMOUNTED TO EUR 0.35
COMPARED
TO EUR 1.17 IN 2021
    * DILUTED EARNINGS PER SHARE IN 2022 ALSO AMOUNTED TO EUR
0.35

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