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ADTRAN Holdings (ADTN) Tax Provisions (2016 - 2023)

ADTRAN Holdings (ADTN) has disclosed Tax Provisions for 15 consecutive years, with -$8.4 million as the latest value for Q2 2023.

  • Quarterly Tax Provisions fell 489.34% to -$8.4 million in Q2 2023 from the year-ago period, while the trailing twelve-month figure was -$8.0 million through Jun 2023, down 575.04% year-over-year, with the annual reading at $7.3 million for FY2024, 74.06% down from the prior year.
  • Tax Provisions for Q2 2023 was -$8.4 million at ADTRAN Holdings, down from $2.1 million in the prior quarter.
  • The five-year high for Tax Provisions was $27.7 million in Q3 2019, with the low at -$29.3 million in Q4 2019.
  • Average Tax Provisions over 5 years is -$999866.7, with a median of $562000.0 recorded in 2020.
  • The sharpest move saw Tax Provisions surged 734.4% in 2019, then crashed 1518.18% in 2020.
  • Over 5 years, Tax Provisions stood at -$29.3 million in 2019, then surged by 77.98% to -$6.5 million in 2020, then skyrocketed by 110.03% to $647000.0 in 2021, then skyrocketed by 231.99% to $2.1 million in 2022, then plummeted by 489.34% to -$8.4 million in 2023.
  • According to Business Quant data, Tax Provisions over the past three periods came in at -$8.4 million, $2.1 million, and -$2.4 million for Q2 2023, Q2 2022, and Q1 2022 respectively.