Adtran +9.3% after record revenue drives Q2 beat [Seeking Alpha]
ADTRAN Holdings, Inc. (ADTN)
Last adtran holdings, inc. earnings: 2/5 08:05 pm
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US:NASDAQ Investor Relations:
portal.adtran.com/web/page/portal/adtran/wp_investorrelations_landing
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Source: Seeking Alpha
Communications equipment provider Adtran (NASDAQ: ADTN ) has after Q2 earnings again included record revenue, again driven by ultra-broadband solutions. "We continue to be at the forefront of several inflection points of innovation in the market, including next generation optical access, services transformation and Software Defined Access (SD-Access)," says CEO Tom Stanton. Gross profit grew 7.2%, to $84.6M; net income was up 21% to $12.4M. Sales breakout: Products, $155.5M (up 12.3%); Services, $29.1M (up 20.6%). Cash and equivalents came to $88.8M, up from $79.9M as of Dec. 31. Conference call to come at 10:30 a.m. ET. Press release Now read: Acacia Communications -6.1% as preliminary Q2 misses »
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ADTN
News
- ADTRAN to close Greifswald facility within three months [Seeking Alpha]Seeking Alpha
- ADTRAN Holdings, Inc. (NASDAQ: ADTN) had its "buy" rating re-affirmed by analysts at Needham & Company LLC. They now have a $8.00 price target on the stock.MarketBeat
- ADTRAN Holdings, Inc. to Release First Quarter 2024 Earnings on May 6, 2024Business Wire
- ADTN INVESTOR NOTICE: ROSEN, SKILLED INVESTOR COUNSEL, Encourages ADTRAN Holdings, Inc. Investors to Inquire About Securities Class Action Investigation - ADTNPR Newswire
- ROSEN, LEADING TRIAL ATTORNEYS, Encourages ADTRAN Holdings, Inc. Investors to Inquire About Securities Class Action Investigation – ADTNGlobeNewswire
ADTN
Earnings
- 2/26/24 - Miss
ADTN
Sec Filings
- 4/17/24 - Form 8-K
- 4/4/24 - Form DEFA14A
- 3/27/24 - Form ARS
- ADTN's page on the SEC website