ADTRAN Holdings, Inc. reports third quarter 2025 financial results

Core Insights - ADTRAN Holdings, Inc. reported third quarter 2025 financial results with revenue of $279.4 million, reflecting a 23% year-over-year increase, and a non-GAAP operating margin of 5.4% [9][2][3] Financial Performance - Revenue for Q3 2025 was $279.4 million, up 23% from the previous year [9] - GAAP gross margin was 38.3%, while non-GAAP gross margin was 42.1% [9] - GAAP operating margin was (1.0)%, and non-GAAP operating margin was 5.4% [9] - Net cash provided by operating activities was $12.2 million [9] - GAAP diluted loss per share was $0.12, while non-GAAP diluted earnings per share was $0.05 [9] Business Outlook - For Q4 2025, the company expects revenue to be between $275.0 million and $285.0 million, with a non-GAAP operating margin forecasted between 3.5% and 7.5% [3][4] Management Commentary - The CEO highlighted that the results exceeded expectations due to disciplined execution and broad-based growth, indicating a healthy industry environment [2] - The company aims to drive sustainable growth and maximize long-term stockholder value [2] Upcoming Events - A conference call to discuss Q3 2025 results is scheduled for November 4, 2025 [5] - The company will participate in several upcoming conferences, including the Craig-Hallum Alpha Select Conference and Needham Tech Week Conference [7]