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ADTRAN Holdings: Q2 Earnings Snapshot
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HUNTSVILLE, Ala. (AP) — HUNTSVILLE, Ala. (AP) — ADTRAN Holdings, Inc. (ADTN) on Monday reported a loss of $10.9 million in its second quarter.

On a per-share basis, the Huntsville, Alabama-based company said it had a loss of 13 cents. Earnings, adjusted for one-time gains and costs, were 4 cents per share.

The networking equipment maker posted revenue of $281.1 million in the period.

For the current quarter ending in September, ADTRAN Holdings said it expects revenue in the range of $275 million to $295 million.

ADTRAN Holdings shares have climbed 2% since the beginning of the year. In the final minutes of trading on Monday, shares hit $8.86, a climb of 1% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ADTN at https://www.zacks.com/ap/ADTN

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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