ADTRAN Holdings Reports Positive Q1 2025 Financial Results

ADTRAN Holdings, Inc. has unveiled its preliminary financial results for Q1 2025, marking an impressive year-on-year revenue growth of 10%, reaching $247.7 million. The results exceed the midpoint of the company's outlook. The gross margin stands at 38.5% on a GAAP basis and 42.6% non-GAAP. Operating margin also hit the high end of expectations. Despite a GAAP diluted loss per share of $0.13, the non-GAAP earnings per share came in at $0.03.

Net cash flow from operations was $41.6 million, with cash and equivalents increasing by $23.8 million to $101.3 million. CEO Tom Stanton emphasized the company's strong execution and operational efficiency, highlighted by robust financial metrics and cash flow.

The forecast for Q2 2025 expects revenues between $247.5 million and $262.5 million, with a non-GAAP operating margin projected to be between 0% and 4%.