ADTRAN Holdings, Inc. (NASDAQ:ADTN) Q4 2022 Earnings Conference Call February 21, 2023 10:30 AM ET
Company Participants
Tom Stanton - Chief Executive Officer
Mike Foliano - Chief Financial Officer
Conference Call Participants
Andrew King - Rosenblatt Securities
Ryan Koontz - Needham
Greg Mesniaeff - WestPark Capital
Paul Essi - William K. Woodruff & Company
Tim Savageaux - Northland Capital Markets
Operator
Ladies and gentlemen, thank you for standing by, and welcome to the ADTRAN Holdings, Inc. Fourth Quarter 2022 Preliminary Earnings Release Conference Call. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question-and-answer period. [Operator Instructions]
During the course of the conference call, ADTRAN representatives expect to make forward-looking statements that reflect management's best judgment based on factors currently known. However, these statements involve risks and uncertainties, including the continued spread and the extent of the impact of the COVID-19 pandemic, the ability of component supplies to align with customer demand, the successful development and market acceptance of our products, competition in the market for such products, the product and channel mix, component cost, freight and logistics costs, manufacturing efficiencies, our ability to effectively integrate mergers and acquisitions and other risks detailed in our annual report on Form 10-K for the year ending in December 31, 2022, and our quarterly report on Form 10-Q for the quarter ending September 30, 2022. These risks and uncertainties could cause actual results to differ materially from those in the forward-looking statements, which may be made during the call.
It is now my pleasure to turn the call over to Tom Stanton, Chief Executive Officer of ADTRAN Holdings. Sir, please go ahead.
Tom Stanton
Thank you, Lisa. Good morning, everyone. We appreciate you joining us for our fourth quarter 2022 earnings conference call. With me today is ADTRAN Holdings CFO, Mike Foliano. Following my opening remarks, Mike will review the quarterly financial performance in detail, and then we will take any questions that you may have.
I want to start by highlighting the importance of the milestone reported last month and our combination with ADVA Optical Networking SE. The Domination and Profit and Loss Transfer Agreement or DPLTA was registered. This was the final administrative step in operating as one company. We can now focus our integration efforts to drive synergies and shareholder value. With that context going forward, I will just talk about ADTRAN as a single integrated company rather than a combination of two different companies.