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ADTRAN (ADTN) Fiber Technology to Help Bridge Digital Divide
ZACKS· 2024-08-16 14:30
ADTRAN, Inc. (ADTN) has partnered with PhireLink to deploy its cutting-edge fiber access technology, aiming to bring high-quality broadband services to underserved rural communities in Louisiana. The collaboration with this rural broadband Internet service provider marks a significant step toward bridging the digital divide in the region, ensuring that residents in even the most remote areas have access to reliable, high-speed Internet.PhireLink has leveraged ADTRAN's Mosaic One software-as-a-service (SaaS) ...
ADTRAN (ADTN) - 2024 Q2 - Quarterly Report
2024-08-09 18:54
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 June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______ to _______ Commission File Number: 001-41446 ADTRAN Holdings, Inc. (Exact Name of Registrant as Specified in its Charter) 1 Delaware 87-2164282 incorpora ...
ADTRAN (ADTN) Reports Wider Q2 Loss on Lower Revenues Y/Y
ZACKS· 2024-08-06 17:55
ADTRAN Holdings Inc. (ADTN) reported lackluster results for the second quarter of 2024. The company’s bottom line was wider than the Zacks Consensus Estimate due to a tough macroeconomic environment. However, the top line matched estimates, supported by increased customer growth in the United States and Europe due to their latest fiber networking solutions.Net IncomeOn a GAAP basis, net loss in the second quarter was $49.9 million or a loss of 63 cents per share compared with a loss of $39.1 million or a lo ...
ADTRAN (ADTN) - 2024 Q2 - Earnings Call Transcript
2024-08-06 17:39
ADTRAN Holdings, Inc. (NASDAQ:ADTN) Q2 2024 Results Conference Call August 6, 2024 10:30 AM ET Company Participants Tom Stanton - Chief Executive Officer Uli Dopfer - Senior Vice President and Chief Financial Officer Conference Call Participants Ryan Koontz - Needham & Company George Notter - Jefferies Bill Dezellem - Teiton Capital Tim Savageaux - Northland Capital Markets Operator Ladies and gentlemen, thank you for standing by, and welcome to the ADTRAN Holdings, Inc. Second Quarter 2024 Earnings Release ...
ADTRAN (ADTN) - 2024 Q2 - Quarterly Results
2024-08-06 11:17
ADTRAN Holdings, Inc. reports second quarter 2024 financial results Huntsville, Alabama, USA. — August 05, 2024 — ADTRAN Holdings, Inc. (NASDAQ: ADTN and FSE: QH9) ("ADTRAN Holdings" or the "Company") today announced its unaudited financial results for the second quarter of 2024. • Revenue: $226.0 million • Gross margin: o GAAP gross margin: 36.1%; Non-GAAP gross margin: 41.9% • Operating margin: o GAAP operating margin negative 17.0%; Non-GAAP operating margin positive 0.7% • Net Income (Loss): o GAAP net ...
ADTRAN (ADTN) Unites With telMAX to Boost Canada Broadband
ZACKS· 2024-07-17 17:26
ADTRAN, Inc. (ADTN) recently announced that telMAX has decided to deploy ADTRAN’s cutting-edge fiber access technology, Mosaic Cloud Platform (CP), to provide high-speed broadband to a multitude of new communities. This marks a significant stride in telMAX’s mission to dominate the telecommunications landscape in Canada.The Mosaic CP platform seamlessly integrates with the GLDS BroadHub subscriber management platform and operates on an open microservices architecture. This powerful combination will likely f ...
Adtran (ADTN) Boosts PNT Resilience With STL Technology
ZACKS· 2024-06-25 17:40
Adtran Holdings, Inc. (ADTN) , in collaboration with Iridium Communications Inc. (IRDM) , recently launched a cutting-edge synchronization solution for the European and Asia-Pacific regions. This solution featuring Iridium Satellite Time and Location (STL) technology marks a significant step in mitigating threats to Global Navigation Satellite Systems (GNSS), which have become vulnerable to disruptions and manipulation.By harnessing the power of low-Earth orbit (LEO) satellites, Iridium STL service can tran ...
ADTRAN's (ADTN) ALM Solution Boosts SUNET's Infrastructure
zacks.com· 2024-05-29 14:01
ADTRAN Inc. (ADTN) recently announced that the Swedish University Computer Network (“SUNET”) is leveraging its Advanced Link Monitoring (ALM) in-service fiber monitoring solution to bolster network reliability and functional efficiency.The cutting-edge technology provides SUNET's maintenance teams with insights in real-time into the quality of its extensive nationwide backbone infrastructure, pointing out the exact location of any fiber-related issues.The installation of ADTN's 16-port ALM fiber assurance s ...
ADTRAN (ADTN) Solution Boosts High-Speed Broadband Services
zacks.com· 2024-05-16 17:31
ADTRAN Inc. (ADTN) recently announced that TruVista, a prominent telecommunication provider, has opted to utilize ADTN’s Advanced Link Monitoring (ALM) technology for its fiber footprint across South Carolina and Georgia. The recent venture signifies the expansion of a decade-long business relationship between ADTRAN and TruVista. ADTN earlier assisted TruVista with the rollout of the fiber network in both states.In today’s digital-oriented world, uninterrupted robust network connectivity is becoming crucia ...
ADTRAN (ADTN) - 2024 Q1 - Quarterly Report
2024-05-10 17:37
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 March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______ to _______ Commission File Number: 001-41446 ADTRAN Holdings, Inc. (Exact Name of Registrant as Specified in its Charter) Delaware 87-2164282 (State or ...