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ADTRAN Holdings, Inc. - ADTN STOCK NEWS

Welcome to our dedicated page for ADTRAN Holdings news (Ticker: ADTN), a resource for investors and traders seeking the latest updates and insights on ADTRAN Holdings stock.

ADTRAN Holdings, Inc. (NASDAQ: ADTN) is a key player in the global telecommunications landscape, headquartered in Huntsville, Alabama. The company is renowned for providing comprehensive networking and communications solutions, enabling seamless voice, data, video, and internet communications across diverse network infrastructures. ADTRAN Holdings operates through two primary segments: Network Solutions and Services & Support.

The Network Solutions segment encompasses hardware and software products that include access and aggregation, subscriber solutions, and optical networking solutions. These products empower communications service providers globally to manage and scale services efficiently. The Services & Support segment offers a robust portfolio of network implementation, support services, and cloud-hosted SaaS applications, which complement the product offerings and enhance the overall customer experience.

ADTRAN's technological prowess is evidenced by its recent achievements. The company, in collaboration with BT Group, conducted Europe’s first successful field trial of optical transport using its Coherent 100ZR pluggable transceiver. This innovation has set new benchmarks for spectral efficiency and energy consumption, demonstrating the potential for scalable and sustainable network solutions.

The company continues to innovate in the broadband access market. For instance, the deployment of its Mosaic One software-as-a-service (SaaS) platform with AI-driven insights by Colorado-based Commnet Broadband exemplifies ADTRAN's commitment to enhancing digital inclusion and delivering high-quality Wi-Fi to underserved communities.

ADTRAN Holdings is also committed to financial transparency and operational excellence. The company’s latest financial results reflect a strategic focus on improving operational efficiencies and market share, despite the economic uncertainties affecting the telecommunications sector.

Moreover, ADTRAN's commitment to sustainability and innovation is underscored by its continuous efforts to enhance network resilience and operational efficiency through solutions like the ALM fiber monitoring technology, which provides real-time insights into network integrity. This technology has been successfully deployed by several service providers, including TruVista and SUNET, enhancing their ability to deliver reliable high-speed broadband services.

Overall, ADTRAN Holdings continues to play a pivotal role in shaping the future of global telecommunications, driven by its innovative solutions and strategic partnerships.

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Adtran's new Terafactory in Meiningen, Germany aims to fortify supply chain resilience and create local job opportunities. The state-of-the-art facility prioritizes production autonomy, carbon reduction, and automation, reducing dependency on overseas suppliers and stabilizing delivery of networking solutions. The Terafactory will strengthen Europe's position in optical transport technology and contribute to regional innovation.
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ADTRAN Holdings Inc (ADTN) to present at 17th Annual Needham Virtual Security, Networking & Communications Conference on November 14, 2023. The presentation will cover company performance and industry trends, webcast available at https://wsw.com/webcast/needham136/adtn/2239380
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ADTRAN Holdings, Inc. reported Q3 revenue of $272.3 million, with a 15% reduction in non-GAAP operating expenses projected for Q4 2023. The company aims to achieve a positive non-GAAP operating margin by Q2 2024 and expects to reduce non-GAAP operating expenses by approximately $90 million in 2024 compared to 2023. As part of its capital efficiency program, the company will suspend its quarterly dividend. The target financial model is a non-GAAP operating margin in the low teens for the full year 2025.
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Adtran launches new synchronization solutions featuring Satellite Time and Location (STL) technology to address vulnerabilities of GPS and other GNSS systems to jamming and spoofing attacks. The solutions include the OSA 5405-S PTP grandmaster clock and the OSA 5400 STL module, which provide a dual-source approach to timing synchronization, enhancing reliability and security.
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ADTRAN Holdings, Inc. will release its financial results for Q3 2023 on November 6, 2023, followed by an earnings call on November 7, 2023. The webcast will be available on the company's Investor Relations site.
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Adtran launches next-generation Wi-Fi 6, 6E, and 7 service delivery gateways for optimized in-home connectivity. The SDG 8600 and 8700 Series offer superior Wi-Fi experiences, support over 250 devices, and reduce power consumption. They provide opportunities for operators to unlock new revenue streams and offer differentiated services.
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Adtran's optical cesium atomic clock technology is being used by Deutsche Bahn to bring precise timing to its railway network. The ePRTC+ solution will enable predictive maintenance and other technological advances. Adtran's technology supports the migration to the Future Railway Mobile Communication System (FRMCS) framework. Telent also played a role as a system integrator.
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Kyndryl partners with Adtran to enhance cloud connectivity for enterprise customers
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ADTRAN Holdings, Inc. announces preliminary unaudited financial results for Q3 2023. Revenue was $272.3 million, below guidance range. GAAP operating margin was -30.2%, impacted by one-time adjustments. Non-GAAP operating margin was -1.9%, at the upper end of guidance. Customer count continued to grow. Management expects conservative inventory management and capital expenditure adjustments in Q4. ADTRAN added new customers in Europe and the U.S. Final results will be released on November 6, 2023.
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Adtran's Mosaic One solution brings high-speed fiber connectivity to Block Island, allowing Sertex Broadband Solutions to deliver reliable Gigabit connectivity through its island-wide FTTH network.
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FAQ

What is the current stock price of ADTRAN Holdings (ADTN)?

The current stock price of ADTRAN Holdings (ADTN) is $8.62 as of November 22, 2024.

What is the market cap of ADTRAN Holdings (ADTN)?

The market cap of ADTRAN Holdings (ADTN) is approximately 682.4M.

What does ADTRAN Holdings, Inc. specialize in?

ADTRAN Holdings, Inc. specializes in providing comprehensive networking and communications solutions, including hardware, software, network implementation, and support services.

What are the main segments of ADTRAN's business?

ADTRAN operates through two main segments: Network Solutions, which includes access & aggregation, subscriber solutions, and optical networking solutions, and Services & Support, which offers network implementation, support services, and cloud-hosted SaaS applications.

What recent innovation has ADTRAN been involved in?

ADTRAN, together with BT Group, conducted Europe’s first successful field trial of optical transport using its Coherent 100ZR pluggable transceiver, setting new benchmarks for spectral efficiency and energy consumption.

How is ADTRAN contributing to digital inclusion?

ADTRAN is enhancing digital inclusion through solutions like its Mosaic One SaaS platform, which Commnet Broadband is leveraging to provide high-quality Wi-Fi to underserved communities in the American Southwest.

What financial strategy is ADTRAN pursuing?

ADTRAN is focusing on improving operational efficiencies and market share, as evidenced by their latest financial results and strategic initiatives despite economic uncertainties.

How does ADTRAN ensure network resilience?

ADTRAN ensures network resilience through technologies like the ALM fiber monitoring solution, providing real-time insight into network integrity and enabling proactive issue resolution.

Which companies have recently deployed ADTRAN's ALM technology?

Companies like TruVista in South Carolina and SUNET in Sweden have recently deployed ADTRAN's ALM technology to enhance their network reliability and operational efficiency.

What is the significance of ADTRAN's partnership with BT Group?

The partnership with BT Group is significant as it highlights ADTRAN's ability to deliver scalable and energy-efficient solutions like the Coherent 100ZR transceiver, which is crucial for sustainable network upgrades.

What is ADTRAN's role in the broadband access market?

ADTRAN plays a crucial role in the broadband access market by providing innovative solutions that enable service providers to manage and scale their services, thereby enhancing connectivity and digital inclusion.

Where is ADTRAN Holdings, Inc. headquartered?

ADTRAN Holdings, Inc. is headquartered in Huntsville, Alabama.

ADTRAN Holdings, Inc.

Nasdaq:ADTN

ADTN Rankings

ADTN Stock Data

682.43M
78.03M
1.52%
86.22%
2.65%
Communication Equipment
Telephone & Telegraph Apparatus
Link
United States of America
HUNTSVILLE