ADTRAN Holdings (ADTN) Gross Profit (2009 - 2023)
ADTRAN Holdings (ADTN) posted quarterly Gross Profit of $92.6 million for Q2 2023, up 48.07% year-over-year from $62.5 million in Q2 2022, and up 48.07% quarter-over-quarter from $62.5 million in Q2 2022.
ADTRAN Holdings (ADTN) Gross Profit (2009 - 2023) Analysis & Trends
ADTRAN Holdings (ADTN) has reported Gross Profit for 15 consecutive years, with $92.6 million the latest figure, recorded in Q2 2023.
- In Q2 2023, Gross Profit rose 48.07% year-over-year to $92.6 million; the TTM figure through Jun 2023 stood at $263.8 million (up 20.5% YoY), while the FY2022 annual figure was $327.3 million, up 49.86% from the prior year.
- Gross Profit advanced to $92.6 million in Q2 2023 per ADTN's latest filing, from $62.5 million in the prior quarter.
- Across five years, Gross Profit topped out at $92.6 million in Q2 2023 and bottomed at $46.3 million in Q3 2019.
- Historically, Gross Profit has averaged $57.6 million across 5 years, with a median of $54.3 million in 2022.
- On a YoY basis, Gross Profit climbed as much as 52.55% in 2019 and fell as far as 20.73% in 2019.
- ADTRAN Holdings' Gross Profit stood at $47.2 million in 2019, then rose by 13.36% to $53.5 million in 2020, then advanced by 1.72% to $54.4 million in 2021, then rose by 14.83% to $62.5 million in 2022, then jumped by 48.07% to $92.6 million in 2023.
- Business Quant data shows ADTN's Gross Profit at $92.6 million in Q2 2023, $62.5 million in Q2 2022, and $54.3 million in Q1 2022.
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