ADTRAN Holdings, Inc. reports preliminary first quarter 2025 financial results | ADTN Stock News

• ADTRAN Holdings, Inc. (ADTN, Financial) reports a 10% year-over-year increase in revenue for Q1 2025 to $247.7 million.
• The company achieved a GAAP gross margin of 38.5% and a non-GAAP gross margin of 42.6%.
• ADTRAN forecasts Q2 2025 revenue between $247.5 million and $262.5 million.

ADTRAN Holdings, Inc. (ADTN) announced its preliminary financial results for the first quarter of 2025, posting a revenue increase of 10% year-over-year, reaching $247.7 million. This result surpasses the midpoint of the company’s outlook.

The company’s GAAP gross margin stood at 38.5%, while its non-GAAP gross margin was higher at 42.6%. Despite posting a GAAP diluted loss per share of $0.13, ADTRAN reported a non-GAAP diluted earnings per share of $0.03.

ADTRAN’s CEO, Tom Stanton, expressed confidence in the company’s business model, noting the enhanced operating efficiency reflected in several key metrics, including robust operating margins and increased cash flow from operations. The net cash provided by operating activities was reported at $41.6 million, with cash and cash equivalents rising to $101.3 million, a sequential increase of $23.8 million.

Looking ahead, ADTRAN anticipates its Q2 2025 revenue to range between $247.5 million and $262.5 million, with a non-GAAP operating margin expected between 0% and 4%. The company attributes its positive outlook to a globally diverse supply chain and strong customer relationships, which it believes will help navigate the shifts in trade policy effectively.