Revenue Growth
ADTRAN reported revenue of $247.7 million for the first quarter of 2025, marking a year-over-year increase of $21.6 million or approximately 10%.
Segment Performance
Access and Aggregation Solutions segment showed 23% sequential and 10% year-over-year growth, driven by fiber footprint expansion and network upgrades.
Cash Flow Improvement
ADTRAN generated $41.6 million in cash from operations and $22.9 million in free cash flow, signifying robust financial health.
Gross Margin and Operating Profit
Non-GAAP gross margin improved to 42.6%, with operating profit at $10.1 million, slightly above the high-end of guidance.
New Customer Wins
ADTRAN added a large national service provider in Southern Europe, expanding its European customer base.
Strategic Positioning
ADTRAN highlighted its strong position to adapt to tariffs and trade policy changes, thanks to its global supply chain and localized manufacturing.