ADTRAN Holdings: Q4 Earnings Snapshot

HUNTSVILLE, Ala. (AP) — HUNTSVILLE, Ala. (AP) — ADTRAN Holdings, Inc. (ADTN) on Monday reported a fourth-quarter loss of $109.9 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the Huntsville, Alabama-based company said it had a loss of $1.40. Losses, adjusted for one-time gains and costs, came to $1.09 per share.

The networking equipment maker posted revenue of $225.5 million in the period.

For the year, the company reported that its loss widened to $267.7 million, or $3.41 per share. Revenue was reported as $1.15 billion.

ADTRAN Holdings shares have fallen 14% since the beginning of the year. The stock has dropped 64% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ADTN at https://www.zacks.com/ap/ADTN