EQS-Adhoc

Non-cash goodwill impairment for the first quarter 2024 in an estimated amount of $293 million; no impact on non-GAAP results and cash flow for the first quarter 2024 - Seite 2

 

Statements contained in this ad hoc notification contain forward-looking statements that are based on our management’s beliefs and assumptions and on information currently available to our management. Forward-looking statements include, among other things, statements regarding the Company’s estimated goodwill impairment charge, the goodwill impairment’s impact on the Company’s financial statements and financial guidance, and related matters. Forward-looking statements include statements that are not historical facts and can be identified by terms such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “seek,” “should,” “will,” “would” or similar expressions and the negatives of those terms. Our actual results and the timing of events could materially differ from those anticipated in such forward-looking statements as a result of certain risks and uncertainties including risks relating to the final amount of our goodwill impairment charge, its impact on our financial statements, and the risks described in more detail in the Company’s most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q, as amended, and other documents on file with the Securities and Exchange Commission. The Company disclaims and does not undertake any obligation to update or revise any forward-looking statement in this ad hoc notification, except as required by applicable law or regulation.

 

Published by

Adtran Holdings, Inc.

www.adtran.com

 

For media

Gareth Spence

[phone]

[e-mail]

 

Notifying person and contact for investors

Steven Williams

[phone]

[e-mail]

 

End of Inside Information

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03-May-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com

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Language:	English
Company:	Adtran Holdings, Inc.
	901 Explorer Boulevard
	35806 Huntsville
	United States
Internet:	www.adtran.com
ISIN:	US00486H1059
WKN:	892015
Indices:	SDAX
Listed:	Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Munich, Stuttgart; Nasdaq
EQS News ID:	1895629