ADTRAN Holdings (ADTN) shares soared 7% in the last trading session to close at $9.67. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 7.2% gain over the past four weeks.ADTRAN is undergoing a multi-year integration program to optimize its assets, business processes and information technology systems. The restructuring program is expected to maximize cost synergies by realizing operation scale, combining sales channels, streamlin ...

ADTRAN, Inc. (ADTN) ADTRAN, Inc. (ADTN) recently inked a partnership with IdeaTek to deploy 50Gbit/s passive optical network (50G PON) technology throughout Kansas, marking a major leap in enhancing broadband connectivity for rural and underserved areas in the region. This collaboration builds on previous initiatives' success, including deploying ADTRAN’s cutting-edge 10G fiber access platform and Wi-Fi 7-enabled mesh gateways, which have already helped the Internet service provider expand its service offer ...

ADTRAN, Inc. (ADTN) recently announced that Belgium’s railway infrastructure company, Infrabel has opted to deploy its FSP 3000 S-Flex to improve storage area network (“SAN”) capacity. In this venture, ADTN collaborated with Arcadiz, a key partner providing engineering and installation services. Moreover, Arcadiz will also provide 24/7 onsite maintenance to deliver uninterrupted rail network services.Today’s businesses have to deal with more data than ever before. Managing the increasingly complex workloads ...

ADTRAN, Inc. (ADTN) recently announced a strategic collaboration with Dell Technologies Inc. (DELL) to support the growing AI networking needs of the U.S. federal government. As part of this collaboration, the fiber networking and telecommunications company will provide a comprehensive suite of optical, packet and software networking solutions, which will be integrated with Dell’s AI-driven infrastructure to accelerate AI deployments across federal agencies.Digging Deep Into ADTN-DELL CollaborationADTRAN’s ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | --- | --- | |---------------------------------------------------------------------------------------|-----------------------------------------------------| | For the transition period f ...

ADTRAN Holdings, Inc. (NASDAQ:ADTN) Q3 2024 Earnings Conference Call November 7, 2024 10:30 AM ET Corporate Participants Tom Stanton - Chief Executive Officer Uli Dopfer - Chief Financial Officer Conference Call Participants George Notter - Jefferies Michael Genovese - Rosenblatt Securities Tim Savageaux - Northland Capital Markets Bill Dezellem - Teiton Capital Ryan Koontz - Needham & Company Operator Ladies and gentlemen, thank you for standing by and welcome to the ADTRAN Holdings Incorporated Third Quar ...

ADTRAN Holdings Inc. (ADTN) reported soft third-quarter 2024 results, wherein both the adjusted earnings and revenues fell short of the respective Zacks Consensus Estimate.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.The company recorded a top-line contraction year over year due to lackluster demand trends in the Network Solutions business. Macroeconomic challenges and inventory corrections continued to impact customer spending during the quarter. However, management focuses on c ...

ADTRAN Holdings (ADTN) came out with a quarterly loss of $0.05 per share versus the Zacks Consensus Estimate of a loss of $0.02. This compares to loss of $0.14 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -150%. A quarter ago, it was expected that this networking equipment maker would post a loss of $0.10 per share when it actually produced a loss of $0.24, delivering a surprise of -140%.Over the last four quarters, the com ...

EXHIBIT 99.1 ADTRAN Holdings, Inc. reports preliminary third quarter 2024 financial results Huntsville, Alabama, USA. — November 06, 2024 — ADTRAN Holdings, Inc. (NASDAQ: ADTN and FSE: QH9) ("ADTRAN Holdings" or the "Company") today announced its preliminary unaudited financial results for the third quarter of 2024. • Revenue: $227.7 million, up sequentially and above the mid-point of guidance. • Gross margin: GAAP gross margin: 37.4%; Non-GAAP gross margin: 42.1%, a sequential increase of 134 and 17 basis ...

ADTRAN, Inc. (ADTN) has recently announced that Centre Régional Informatique et d’Applications Numériques de Normandie (“CRIANN”) has deployed ADTRAN’s FSP 3000 optical transport technology and ALM fiber monitoring platform to enhance network connectivity across research and education centers in France. ADTRAN’s Elite partner Axians played a crucial role in the installation process and will provide maintenance support in the future.The growing usage of data-intensive applications in the domain of AI (artifi ...