Adtran holdings, inc. reports preliminary fourth quarter and full-year 2024 financial results

Huntsville, ala.--(business wire)--adtran holdings, inc. (nasdaq: adtn and fse: qh9) (“adtran holdings” or the “company”) today announced its preliminary unaudited financial results for the fourth quarter and full-year ended december 31, 2024. revenue: $242.9 million, up 7% sequentially and above the mid-point of outlook. gross margin: gaap gross margin: 37.6%; non-gaap gross margin: 42.0%. operating margin: improved sequentially on a gaap and non-gaap basis, above the mid-point of outlook. gaa.
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