Adtran holdings, inc. reports preliminary third quarter 2024 financial results

Huntsville, ala.--(business wire)-- #adtran--adtran holdings, inc. (nasdaq: adtn and fse: qh9) (“adtran holdings” or the “company”) today announced its preliminary unaudited financial results for the third quarter of 2024. revenue: $227.7 million, up sequentially and above the mid-point of guidance. gross margin: gaap gross margin: 37.4%; non-gaap gross margin: 42.1%, a sequential increase of 134 and 17 basis points, respectively. operating margin: gaap operating margin negative 10.5% up sequentially; no.
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