ADTRAN ($NASDAQ:ADTN) saw a major increase in total revenue, to USD 327.4 million, for the second quarter of FY2023, ending June 30 2023; this was a 90.3% increase compared to the same period in the prior year. However, net income declined to -33.3 million, from USD 2.1 million in the equivalent quarter of the previous year.
GoodWhale has completed an analysis of ADTRAN‘s wellbeing and has determined that it is a high risk investment. The Risk Rating indicates that there are financial and business risks associated with this investment. GoodWhale has detected two risk warnings in the income sheet and balance sheet. These warnings have been highlighted to emphasize the risks that are associated with investing in ADTRAN. To gain further insight into ADTRAN’s risk profile, those interested can register on GoodWhale.com to view the full report. GoodWhale’s risk analysis is essential for those considering a stake in ADTRAN, as it can provide a valuable insight into the potential risks and rewards of such an investment. More…
Risk Rating Analysis
Star Chart Analysis
About the Company
Ownership (Institutional/ Fund Holdings)
Below shows the total revenue, net income and net margin for Adtran. ADTRAN_Reports_90.3_Increase_in_Total_Revenue_for_Q2_FY2023″>More…
Income Statement Reports (Yearly/ Quarterly/ LTM)
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Adtran. ADTRAN_Reports_90.3_Increase_in_Total_Revenue_for_Q2_FY2023″>More…
Cash Flow Statement (Yearly/ Quarterly/ LTM)
Cash Flow Supplement
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Adtran. ADTRAN_Reports_90.3_Increase_in_Total_Revenue_for_Q2_FY2023″>More…
Balance Sheet (Yearly/ Quarterly)
Balance Sheet Supplement
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Key Ratios Snapshot
Some of the financial key ratios for Adtran are shown below. ADTRAN_Reports_90.3_Increase_in_Total_Revenue_for_Q2_FY2023″>More…
Income Statement Ratios
Balance Sheet Ratios
Cash Flow Ratios
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The company competes with Communications Systems, Inc., Itron, Inc., and Netronix, Inc. in the market for telecommunications and networking equipment. Adtran, Inc. has a strong history of innovation and customer service. The company’s products are used by major telecommunications and networking service providers around the world. Adtran, Inc. is a publicly traded company on the NASDAQ stock exchange under the ticker symbol ADTN.
– Communications Systems Inc ($NASDAQ:ITRI)
Itron is a technology company that provides energy and water resources management solutions. The company has a market cap of $1.98 billion and a return on equity of -7.96%. Itron’s products and services are used by utilities to manage electricity, gas, and water resources. The company’s products include meter data management systems, demand response systems, and smart grid applications. Itron’s customers include utilities, municipalities, and commercial and industrial customers.
Netronix Inc. is a fabless semiconductor company that designs, develops and markets mixed-signal semiconductor solutions for the networking, communications, storage and consumer electronics markets. The company’s products include Ethernet transceivers, network switches, storage controllers and interface chips. Netronix Inc. has a market cap of 4.81B as of 2022 and a return on equity of 12.72%. The company’s products are used in a variety of applications, including Ethernet, storage, and consumer electronics.
ADTRAN, Inc reported total revenue of $327.4 million for the second quarter of FY2023, up 90.3% from the same period last year. The company recorded a net income loss of $33.3 million compared to a net income of $2.1 million in the same period last year. This news caused the stock price to decline on the same day. This decrease in profitability may be of concern for investors, as it could indicate weaker financials.
However, it is important to consider that the overall revenue growth is a positive sign and that the company could be making investments that may pay off in the long term. Investors should consider monitoring the stock price changes more closely, as well as examining future financial reports for further insight into the company’s performance.