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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.

Rhea-AI Summary
Adtran is investing up to $5 million to increase US production capacity of advanced telecommunications equipment at its facility in Huntsville, Alabama. The investment will create up to 300 new jobs and make Adtran the first American company to increase domestic broadband electronics manufacturing for the BEAD program. The expansion includes the production of optical line termination (OLT) equipment and the onshoring of optical network terminals (ONTs). Adtran is committed to strengthening the domestic supply chain and securing communications networks with American-made equipment.
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Adtran (ADTN) Expands Mosaic One SaaS Suite with DxTEL’s Fiber Gaming Network, Offering Unprecedented Insights into Gamers’ Quality of Experience and Revenue Growth Opportunities
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ADTRAN Holdings Inc. (NASDAQ: ADTN) to Present at Rosenblatt Virtual Tech Summit on August 23, 2023. The company's representatives will discuss performance and industry trends, webcasting the presentation.
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ADTRAN Holdings, Inc. (NASDAQ: ADTN and FSE: QH9) announced a correction to the ex-dividend date for the cash dividend for the second quarter of 2023, which is to be paid on September 5, 2023. The ex-dividend date will be August 18, 2023, rather than the previously announced date of August 20, 2023. All other dates and information remain unchanged.
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ADTRAN Holdings, Inc. announced its financial results for Q2 2023. Revenue was $327.4 million, up 90% YoY and 1% QoQ. Net loss was $33.3 million, down 1,655% YoY and up 3% QoQ. Non-GAAP net income was $0.1 million, down 99% YoY and up 102% QoQ. The company declared a cash dividend of $0.09 per common share.
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Openreach, the UK's largest wholesale broadband network, has deployed Adtran's FSP 3000 technology to offer its new Optical Spectrum Access 100G Single enterprise service. The service provides affordable, secure connectivity between enterprise sites, empowering more UK businesses to harness point-to-point 100Gbit/s data transport. The collaboration between Adtran and Openreach builds on a longstanding partnership and brings efficiency benefits that reduce capital and operational expenditure.
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Adtran (ADTN) brings multigigabit broadband to Australia’s residential market with its Mosaic platform, enabling Interphone to deliver ultra-fast internet speeds to apartments and lifestyle villages. The solution boosts sustainability, streamlines operations, and ensures reliable, secure in-home Wi-Fi connectivity for customers.
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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