ADTRAN, Inc. Pre-Announces Financial Results for the Third Quarter of 2021 and Provides Current Outlook
ADTRAN Holdings, Inc. (ADTN)
Last adtran holdings, inc. earnings: 2/5 08:05 pm
Check Earnings Report
US:NASDAQ Investor Relations:
portal.adtran.com/web/page/portal/adtran/wp_investorrelations_landing
Company Research
Source: Business Wire
HUNTSVILLE, Ala.--(BUSINESS WIRE)--ADTRAN, Inc. (NASDAQ: ADTN) (“ADTRAN” or the “Company”), today announced certain preliminary financial results for the third quarter ended September 30, 2021. All figures in this release are approximate due to the preliminary nature of the announcement.For the third quarter, revenue is expected to be $138 million, gross margin is expected to be 34.5%, non-GAAP gross margin is expected to be 34.6%, operating loss is expected to be $10.1 million and non-GAAP operating loss is expected to be $2.6 million. This lower gross margin and decreased profitability, as compared to prior guidance, was attributed to approximately $9 million in quantifiable supply chain constraint-related expenses incurred during the quarter. Without these expenses gross margin would be within our third quarter guidance range.ADTRAN Chairman and Chief Executive Officer Tom Stanton stated, “We are experiencing record demand for our solutions with Q3 setting an all-time high for
Show less
Read more
Impact Snapshot
Event Time:
ADTN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ADTN alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ADTN alerts
High impacting ADTRAN Holdings, Inc. news events
Weekly update
A roundup of the hottest topics
ADTN
News
- ADTRAN Holdings, Inc. (NASDAQ:ADTN) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- 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. (NASDAQ: ADTN) was upgraded by analysts at Northland Securities from a "market perform" rating to an "outperform" rating. They now have a $7.50 price target on the stock.MarketBeat
- ADTRAN Holdings, Inc. reports first quarter 2024 financial results [Yahoo! Finance]Yahoo! Finance
- ADTRAN Holdings, Inc. reports first quarter 2024 financial resultsBusiness Wire
ADTN
Earnings
- 5/7/24 - Beat
ADTN
Sec Filings
- 5/10/24 - Form S-8
- 5/10/24 - Form S-8
- 5/10/24 - Form 10-Q
- ADTN's page on the SEC website