ADTRAN Holdings, Inc. (ADTN) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, my name is Sarah, and I will be your conference operator. At this time, I would like to welcome everyone to ADTRAN Holdings' first quarter 2025 financial results conference call. After the speaker's remarks, there will be a question and answer session. If you would like to ask a question, please press star 1 on your telephone keypad. Thank you. Mr. Peter Schuman, Vice President, Investor Relations, you may begin your conference. Thank you, Sarah. Welcome and thank you for joining us today for ADTRAN Holdings' first quarter 2025 financial results conference call, and welcome to all those joining by webcast. During the conference call, ADTRAN representatives will make forward-looking statements that reflect management's best judgment based on factors currently known. However, these statements involve risks and uncertainties, including those detailed in our earnings release, our annual report on Form 10-K, and our filings with the SEC. These risks and uncertainties could cause actual results differ materially from those in our forward-looking statements, which may be made during the conference call. We undertake no obligation to update any statements to reflect events that occur after this call. During today's call, we refer to certain non-GAAP financial measures. Reconciliations of non-GAAP to GAAP measures and certain additional information are included in our investor presentation and earnings release. We have not provided reconciliations of our second quarter 2025 outlook with regard to non-GAAP operating margin because we cannot predict and quantify without unreasonable effort all of the adjustments that may occur during the period. The investor presentation has been updated and is available for download on the ADTRAN investor relations website. In ad...