ADTRAN Holdings (ADTN) Reports Q1 Loss, Tops Revenue Estimates
ADTNADTRAN (ADTN) Zacks Investment Research·2024-05-07 20:05

ADTRAN Holdings (ADTN) came out with a quarterly loss of 0.02pershareversustheZacksConsensusEstimateofalossof0.02 per share versus the Zacks Consensus Estimate of a loss of 0.08. This compares to loss of 0.06pershareayearago.Thesefiguresareadjustedfornon−recurringitems.Thisquarterlyreportrepresentsanearningssurpriseof750.06 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 75%. A quarter ago, it was expected that this networking equipment maker would post a loss of 0.09 per share when it actually produced a loss of $1.09, delivering a surprise of -1,111.11%. Over the last four quarters, th ...