ADTRAN Holdings, Inc. announces certain preliminary fourth quarter and full year 2025 results

Core Viewpoint - ADTRAN Holdings, Inc. is expected to outperform its previously issued revenue guidance for the fourth quarter and full year of 2025, with preliminary unaudited revenue figures indicating significant growth [2][3]. Revenue Summary - For the fourth quarter of 2025, preliminary revenue is projected to be between $290.0 million and $293.0 million, surpassing the prior guidance of $275.0 million to $285.0 million [3]. - Full year preliminary U.S. GAAP revenue is anticipated to be between $1,082.2 million and $1,085.2 million [3]. Operating Margin Summary - Preliminary GAAP operating margin for the fourth quarter is expected to range from 1.4% to 1.7% [4]. - Preliminary non-GAAP operating margin for the fourth quarter is projected to be between 6.0% and 6.9%, aligning with the previously announced guidance of 3.5% to 7.5% [4]. - For the full year, preliminary GAAP operating margin is expected to be between (1.5)% and (1.4)%, while preliminary non-GAAP operating margin is projected to be between 4.6% and 4.9% [4]. Earnings Per Share Summary - The company anticipates that fourth quarter non-GAAP earnings per share will exceed current analyst consensus estimates, although the specific variance cannot be confirmed at this time [5]. Management Commentary - The Chairman and CEO, Tom Stanton, noted that the preliminary fourth quarter results reflect higher demand and strong execution, indicating an outperformance amid typical year-end seasonality [6].