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Adtran Inc (ADTN)
NASDAQ:ADTN
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Earnings Data
Report Date
Feb 25, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
-$0.03Last Year’s EPS
-$1.09Same Quarter Last Year
Strong Buy
Based on 5 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 07, 2024
|% Change Since: 31.12%
|Next Earnings Date:Feb 25, 2025
Earnings Call Sentiment|Positive
The earnings call reflects a generally positive outlook with significant improvements in gross margins, positive free cash flow, and international market growth. However, challenges remain in the U.S. market and with inventory overhangs affecting certain customers.Company Guidance
During the ADTRAN Holdings Q3 2024 earnings call, the company provided guidance indicating a positive outlook for the upcoming quarter, with expected revenues ranging between $230 million and $245 million and a non-GAAP operating margin between 0 and 4% of revenues. The company's performance in the third quarter showed a sequential increase in revenue to $227.7 million, driven by a 9% growth in Subscriber Solutions and improvements in non-GAAP gross margin to 42.1%. The quarter also witnessed a 10% sequential increase in large service provider sales, with 55% of revenues generated outside the U.S., highlighting strong demand from EMEA and APAC regions. ADTRAN added 13 new optical networking customers and began shipping Access & Aggregation products to 12 new carrier customers, signaling ongoing expansion in their customer base. The company is optimistic about further growth in the current quarter, supported by ongoing operational efficiencies and strategic investments, despite cautious spending from service provider customers.Positive Free Cash Flow
Generated positive free cash flow of $23.2 million for the third consecutive quarter.
Non-GAAP Gross Margin Improvement
Non-GAAP gross margins improved from 38.6% last year to 41.9% this year, reflecting operational efficiencies and lower overhead costs.
Revenue Growth and Customer Expansion
Revenue increased sequentially to $227.7 million, with a 10% sequential increase in large service provider sales. Added 13 new optical networking customers and 11 new customers for Wi-Fi platforms.
Strong International Performance
55% of revenues were generated outside the U.S., with higher demand from EMEA and APAC regions.
Subscriber Solutions Growth
Subscriber Solutions category increased 9% quarter-over-quarter, with residential ONTs and RGs up 25% quarter-over-quarter and 102% year-over-year.
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ADTN Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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ADTN Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 07, 2024 | $6.33 | $7.55 | +19.27% |
| Aug 06, 2024 | $5.76 | $4.68 | -18.75% |
| May 07, 2024 | $4.71 | $5.39 | +14.44% |
| Feb 27, 2024 | $6.31 | $6.24 | -1.11% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Adtran Inc (ADTN) report earnings?
Adtran Inc (ADTN) is schdueled to report earning on Feb 25, 2025, TBA Not Confirmed.
What is Adtran Inc (ADTN) earnings time?
Adtran Inc (ADTN) earnings time is at Feb 25, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ADTN EPS forecast?
ADTN EPS forecast for the fiscal quarter 2024 (Q4) is -$0.03.
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