Adtran Networks SE Revises 2024 Financial Expectations

Adtran Networks SE disclosed updates to its preliminary financial results for 2024. The company's management board identified an adjustment in inventory, increasing the cost of goods sold, resulting in a revised expected loss of approximately EUR 10.2 million, or 2.3% of revenues. This compares to a prior loss estimate of EUR 4.5 million, or 1.0% of revenues, reported earlier on February 27, 2025. Despite this adjustment, revenue expectations remain unchanged, and the company's cash position is unaffected.

The full financial statements will be released on April 30, 2025, as scheduled. Management emphasized that this adjustment does not influence projected revenues or liquidity. These developments are essential for stakeholders and reflect the company's ongoing financial strategy and transparency commitments.