NASDAQ$ADTN

ADTRAN Holdings Inc · Q4 2020 earnings

Q4 2020 earnings · · Investor relations

Briefing

ADTRAN reported earnings for the fourth quarter of 2020.

ADTRAN's revenue for Q4 2020 was $130.1 million. The net income for the quarter was $6.1 million, with earnings per share of $0.13. Non-GAAP net income was $5.2 million, and non-GAAP earnings per share was $0.11.

  • Revenue for the quarter was $130.1 million.
  • Net income for the fourth quarter of 2020 was $6.1 million.
  • Earnings per share, assuming dilution, was $0.13 per share.
  • The company declared a cash dividend for the fourth quarter of 2020 of $0.09 per common share.

Headline financials

Total Revenue

$130M

Previous: $116M+12.4%
EPS (adj)

$0.11

Previous: -$0.07+257.1%
Capital Expenditures

$1.33M

Previous: $3.49M-61.8%
Free Cash Flow

-$12.5M

Previous: -$16M+21.9%
Net Income

$6.11M

Previous: -$12.7M+148.3%
Operating Income

-$3.32M

Previous: -$15.1M+78.0%
Gross Profit

$53.5M

Previous: $47M+13.8%
Cash & Equivalents

$60.2M

Previous: $76.2M-21.1%
Total Assets

$519M

Previous: $545M-4.7%
Stock-Based Comp

$1.78M

Previous: $1.78M+0.0%

Revenue & EPS history

ADTRAN · Revenue · Quarterly

$130M

Q4 2020+12.4%vs Q4 2019
Beat estimate in 11 of 16 quarters(69%)
ActualEstimate

Revenue by segment

ADTRAN · $130M total across 2 segments · Q4 2020

  • Network Solutions
    $114M
  • Services & Support
    $16M

Forward guidance

The company expects that its fiber access solutions will continue to be adopted by customers around the world.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2020

Historical avgQ4 2020

-1.9%

Avg return

Earnings day

-0.9%

Avg return

5 days after

-1.4%

Avg return

30 days after

44%

30 / 68 earnings

Positive

+22.0%

Q3 2024

Best reaction

-26.1%

Q3 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-16.4%-18.4%-5.7%
Q4 2025-6.3%-7.6%+21.0%
Q3 2025-24.1%-23.6%-18.1%
Q1 2025-3.4%+7.7%+1.0%
Q4 2024-0.4%+0.2%-16.1%
Q3 2024+22.0%+32.0%+36.2%
Q2 2024-23.0%-21.4%-14.3%
Q1 2024+13.7%+15.2%+12.9%
Q4 2023+2.1%+0.2%-13.2%
Q3 2023-26.1%-25.5%-16.6%
Q2 2023-19.2%-11.2%-7.5%
Q1 2023+0.6%-4.1%+7.2%
Q4 2022-2.7%+1.9%-12.8%
Q3 2022-1.4%-4.2%-7.1%
Q2 2022-5.3%-2.2%-7.0%
Q1 2022-5.2%-1.6%+8.8%
Q4 2021+4.7%+8.3%+2.8%
Q3 2021+4.2%+12.0%+7.3%
Q2 2021-1.9%+6.7%-7.1%
Q1 2021+3.8%+15.6%+21.1%
Q4 2020-5.4%-1.8%+1.5%
Q3 2020+4.5%+14.0%+19.4%
Q2 2020-5.7%-5.8%-18.7%
Q1 2020+15.7%+6.0%+14.3%
Q4 2019+0.3%-11.4%-14.4%
Q3 2019-8.1%-0.5%-4.2%
Q2 2019-23.0%-27.4%-31.7%
Q1 2019+12.9%+18.7%+10.2%
Q4 2018+15.1%+24.7%+23.9%
Q3 2018-12.0%-19.2%-19.2%
Q2 2018+0.3%+3.1%+2.8%
Q1 2018-3.9%-5.5%-5.1%
Q4 2017-4.3%-13.8%-16.7%
Q3 2017-6.9%-8.5%-12.3%
Q2 2017+7.3%+13.7%+4.9%
Q1 2017+2.9%+2.1%+0.5%
Q4 2016+2.0%-0.4%-2.5%
Q3 2016+10.2%+5.5%+10.2%
Q2 2016-2.9%-8.5%-8.4%
Q1 2016+1.1%
Q4 2015+2.9%
Q3 2015-8.0%
Q2 2015-4.8%
Q1 2015-13.6%
Q4 2014+2.2%
Q3 2014+2.5%
Q2 2014+0.4%
Q1 2014-4.7%
Q4 2013+9.7%
Q3 2013-6.8%
Q2 2013-6.2%
Q1 2013+17.1%
Q4 2012+1.2%
Q3 2012-1.6%
Q2 2012-17.1%
Q1 2012-0.8%
Q4 2008-10.8%
Q4 2011-10.8%
Q3 2011+1.3%
Q2 2011-1.1%
Q1 2010+1.9%
Q1 2011-2.8%
Q4 2010+1.8%
Q3 2009+0.9%
Q3 2010+0.9%
Q2 2009-0.6%
Q2 2010-0.6%
Q4 2009-0.6%

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