Adtran announces $293M non-cash goodwill impairment in Q1 2024, no impact on non-GAAP results or cash flow.

Adtran Holdings, Inc. announced a non-cash goodwill impairment of $293M in the first quarter of 2024. Despite this, there will be no impact on non-GAAP results or cash flow for the same period. The announcement comes from Huntsville, Alabama, USA on May 3, 2024.

May 03, 2024
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