ADTRAN, Inc. provides networking and communications platforms and services for service providers, cable/multiple system operators, small- to medium-sized business, and distributed enterprises in the United States, Germany, Mexico, and internationally. The company operates through two segments, Network Solutions, and Services & Support. It offers fiber to the premises and fiber to the node (FTTN) multi-service access nodes (MSAN); fiber aggregation and FTTN MSAN; network management and subscriber services control and orchestration software; software defined networking -controlled programmable network elements; fiber to the distribution point units; optical line terminals and transport solutions; IP-based digital subscriber line access multiplexers; cabinet and outside plant enclosures and services; transceivers, cables, and other miscellaneous materials; and other products, software, and services. The company also provides broadband customer premise solutions and point-to-point Ethernet optical network terminals; radio frequency over glass micro nodes; ethernet switches for multi-gigabit local area networking; SmartOS software licensing for residential gateway and Wi-Fi devices; cloud-based SaaS management platforms; Wi-Fi-enabled residential gateway products and accessories; managed mesh Wi-Fi solutions for cloud-managed connectivity; virtual wireless local area networks for business-class Wi-Fi and management; and pre-sale and post-sale technical support. In addition, it offers planning, engineering, program management, maintenance, installation, and commissioning services. Further, the company offers time division multiplexed and asynchronous transfer mode-based aggregation systems and customer devices; and high-bit-rate digital subscriber line, asymmetric digital subscriber line, and other technologies to deliver business and residential services. ADTRAN, Inc. was incorporated in 1985 and is headquartered in Huntsville, Alabama.
IPO Year: 1994
Exchange: NASDAQ
Website: adtran.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
5/8/2024 | $7.50 | Market Perform → Outperform | Northland Capital |
11/20/2023 | Buy → Hold | Argus | |
11/7/2023 | $11.00 → $7.00 | Buy → Neutral | Rosenblatt |
4/12/2023 | $13.00 | Outperform → Market Perform | Northland Capital |
9/26/2022 | $21.00 → $26.00 | Hold → Buy | Loop Capital |
7/14/2022 | $28.00 | Buy | Needham |
4/12/2022 | $25.00 | Buy | Rosenblatt |
2/23/2022 | $21.00 | Hold | Loop Capital |
8/6/2021 | $20.00 → $22.00 | Neutral | Goldman Sachs |
8/6/2021 | $29.00 | Market Perform → Outperform | Cowen |
Q1 revenue above mid-point of guidance; non-GAAP profitability in line with guidance $53 million sequential improvement in GAAP operating cash flow ADTRAN Holdings, Inc. (NASDAQ:ADTN) ("ADTRAN Holdings" or the "Company") today announced its unaudited financial results for the first quarter of 2024. GAAP gross margin for the first quarter was 31.9%, compared to 34.8% in Q4 2023 and 27.1% in the year-ago quarter, representing an improvement of 484 basis points ("bps") year-over-year but a decrease of 285 bps quarter-over-quarter. The year-over-year improvement primarily resulted from lower purchasing and transportation costs, as well as lower acquisition-related expenses, amortizatio
ADTRAN Holdings, Inc. (NASDAQ:ADTN) announced today that the Company will release its financial results for the first quarter 2024 after market close on Monday, May 6, 2024. The Company will conduct a conference call on Tuesday, May 7, 2024, to discuss the results for the quarter. What: ADTRAN Holdings, Inc. Earnings Call When: 9:30 a.m. Central Time on Tuesday, May 7 Where: www.adtran.com/investor ADTRAN Holdings, Inc. will webcast this conference. To listen, simply visit ADTRAN Holdings, Inc. Investor Relations site at www.adtran.com/investor approximately 10 minutes prior to the start of the call, click on the event "ADTRAN Holdings, Inc. Releases 1st Quarter 2024 Financial Results a
Preliminary Q4 revenue at $225.5 million and at mid-point of guidance Sequential improvement in preliminary GAAP and non-GAAP operating expenses in Q4, with a 7.6% reduction in GAAP operating expenses and a 15.1% reduction in non-GAAP operating expenses respectively ADTRAN Holdings, Inc. (NASDAQ:ADTN) ("ADTRAN Holdings" or the "Company") today announced its preliminary unaudited financial results for the fourth quarter of 2023. All results in this release are approximate due to the preliminary nature of the announcement. Preliminary GAAP gross margin for the quarter was 34.8% and improved by 483 bps year-over-year and 754 bps quarter-over-quarter. Besides lower purchasing and trans
ADTRAN Holdings, Inc. (NASDAQ:ADTN) announced today that the Company will release its financial results for the fourth quarter 2023 after market close on Monday, February 26, 2024. The Company will conduct a conference call on Tuesday, February 27, 2024, to discuss the results for the quarter. What: ADTRAN Holdings, Inc. Earnings Call When: 9:30 a.m. Central Time on Tuesday, February 27 Where: www.adtran.com/investor ADTRAN Holdings, Inc. will webcast this conference. To listen, simply visit ADTRAN Holdings, Inc. Investor Relations site at www.adtran.com/investor approximately 10 minutes prior to the start of the call, click on the event "ADTRAN Holdings, Inc. Releases 4th Quarter 2023
Q3 revenue at $272.3 million with sequential improvement in GAAP and non-GAAP operating expenses 15% projected reduction in non-GAAP operating expenses in Q4 2023 as compared to Q3 2023 Targeting positive non-GAAP operating margin for the second quarter 2024 Expected reduction of non-GAAP operating expenses of approximately $90 million for the year 2024 as compared to 2023 As part of the capital efficiency program, the Company has decided to suspend its quarterly dividend to reduce interest expense and support its long-term capital plan Target Financial Model: Non-GAAP operating margin to be in the low teens for the full year 2025 ADTRAN Holdings, Inc. (NASDAQ:ADTN) ("ADT
ADTRAN Holdings, Inc. (NASDAQ:ADTN) announced today that the Company will release its financial results for the third quarter 2023 after market close on Monday, November 6, 2023. The Company will conduct a conference call on Tuesday, November 7, 2023, to discuss the results for the quarter. What: ADTRAN Holdings, Inc. Earnings Call When: 9:30 a.m. Central Time on Tuesday, November 7, 2023 Where: www.adtran.com/investor ADTRAN Holdings, Inc. will webcast this conference. To listen, simply visit ADTRAN Holdings, Inc. Investor Relations site at www.adtran.com/investor approximately 10 minutes prior to the start of the call, click on the event "AD
ADTRAN Holdings, Inc. (NASDAQ:ADTN) ("ADTRAN Holdings" or the "Company") today announced certain preliminary unaudited financial results for the quarter ended September 30, 2023. All results in this release are approximate due to the preliminary nature of the announcement. For the third quarter, preliminary revenue was $272.3 million as compared to the Company's prior guidance range of $275 million to $305 million. The resulting preliminary GAAP operating margin for the third quarter was -30.2%, and it was impacted by certain one-time adjustments that are outlined below. Preliminary non-GAAP operating margin for the third quarter was -1.9%, which is at the upper end of the Company's guidanc
ADTRAN Holdings, Inc. (NASDAQ:ADTN) ("ADTRAN Holdings" or the "Company") today 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 to the Company's stockholders of record as of the close of business on August 21, 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 relating to the cash dividend payment, as previously communicated in the Company's August 6, 2023 press release, remain unchanged. Cautionary Note Regarding Forward-Looking Statements Statements contained in this press release which are not histor
ADTRAN Holdings, Inc. (NASDAQ:ADTN) ("ADTRAN Holdings" or the "Company") today announced its financial results for the second quarter of 2023. For the quarter, revenue was $327.4 million, up 90% year-over-year and 1% quarter-over-quarter. Net loss attributable to the Company for the second quarter of 2023 was $33.3 million, down 1,655% year-over-year and up 3% quarter-over-quarter. Consequently, diluted loss per share attributable to the Company for the quarter was $0.43, down by 1,175% year-over-year and up 2% quarter-over-quarter. Non-GAAP net income attributable to the Company was $0.1 million, down 99% year-over-year and up 102% quarter-over-quarter. Consequently, non-GAAP diluted earni
ADTRAN Holdings, Inc. (NASDAQ:ADTN) announced today that the Company will release its financial results for the second quarter 2023 after market close on Monday, August 7, 2023. The Company will conduct a conference call on Tuesday, August 8, 2023, to discuss the results for the quarter. What: ADTRAN Holdings, Inc. Earnings Call When: 9:30 a.m. Central Time on Tuesday, August 8, 2023 Where: www.adtran.com/investor ADTRAN Holdings, Inc. will webcast this conference. To listen, simply visit ADTRAN Holdings, Inc. Investor Relations site at www.adtran.com/investor approximately 10 minutes prior to the start of the call, click on the event "ADTRAN Holdings, Inc. Releases 2nd Quarter 2023 Fin
11-K - ADTRAN Holdings, Inc. (0000926282) (Filer)
8-K - ADTRAN Holdings, Inc. (0000926282) (Filer)
SD - ADTRAN Holdings, Inc. (0000926282) (Filer)
S-8 - ADTRAN Holdings, Inc. (0000926282) (Filer)
S-8 - ADTRAN Holdings, Inc. (0000926282) (Filer)
10-Q - ADTRAN Holdings, Inc. (0000926282) (Filer)
8-K - ADTRAN Holdings, Inc. (0000926282) (Filer)
8-K - ADTRAN Holdings, Inc. (0000926282) (Filer)
8-K - ADTRAN Holdings, Inc. (0000926282) (Filer)
8-K - ADTRAN Holdings, Inc. (0000926282) (Filer)
NEW YORK, June 7, 2024 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, June 24, to coincide with the quarterly rebalance. The changes ensure each index is more representative of its market capitalization range. All companies being added to the S&P 500 are more representative of the large-cap market space, all companies being added to the S&P MidCap 400 are more representative of the mid-cap market space, and all companies being added to the S&P SmallCap 600 are more representative of the small-cap market space. The companies being removed from the S
ADTRAN Holdings, Inc. (NASDAQ:ADTN) ("ADTRAN Holdings" or the "Company"), announced today that after 39 years in the telecommunications industry, ADTRAN Holdings' CFO, Mike Foliano, will retire from the Company effective on June 28, 2023. The Company also announced the appointment of Uli Dopfer as the Company's new Chief Financial Officer, effective May 1, 2023. During his 17 years of service to the Company, Mr. Foliano has made significant contributions to Adtran and has been an integral part of the Company's success and growth during his tenure, and his leadership and expertise will be missed. "I would like to express my deep gratitude for the dedication and commitment Mike has shown to
HUNTSVILLE, Ala.--(BUSINESS WIRE)--ADTRAN®, Inc., (NASDAQ:ADTN), the leading provider of innovative business and residential connectivity solutions, today announced that it has appointed Todd Gandy to lead the company’s expanded focus on federal and state government agencies. These organizations represent some of the largest, most complex businesses in the world with distributed offices located across the country. Gandy and his team will look to address the opportunity created by these agencies as they seek to address the need for agile, reliable and secure network solutions that can improve operational efficiencies through automation, as well as create next level end-user experienc
SC 13G - ADTRAN Holdings, Inc. (0000926282) (Subject)
SC 13G - ADTRAN Holdings, Inc. (0000926282) (Subject)
SC 13G/A - ADTRAN Holdings, Inc. (0000926282) (Subject)
SC 13G/A - ADTRAN Holdings, Inc. (0000926282) (Subject)
SC 13G/A - ADTRAN Holdings, Inc. (0000926282) (Subject)
SC 13D - ADTRAN Holdings, Inc. (0000926282) (Subject)
SC 13G/A - ADTRAN INC (0000926282) (Subject)
SC 13G/A - ADTRAN INC (0000926282) (Subject)
SC 13G/A - ADTRAN INC (0000926282) (Subject)
SC 13G/A - ADTRAN INC (0000926282) (Subject)
4 - ADTRAN Holdings, Inc. (0000926282) (Issuer)
4 - ADTRAN Holdings, Inc. (0000926282) (Issuer)
4 - ADTRAN Holdings, Inc. (0000926282) (Issuer)
4 - ADTRAN Holdings, Inc. (0000926282) (Issuer)
4 - ADTRAN Holdings, Inc. (0000926282) (Issuer)
4 - ADTRAN Holdings, Inc. (0000926282) (Issuer)
4 - ADTRAN Holdings, Inc. (0000926282) (Issuer)
4 - ADTRAN Holdings, Inc. (0000926282) (Issuer)
4 - ADTRAN Holdings, Inc. (0000926282) (Issuer)
4 - ADTRAN Holdings, Inc. (0000926282) (Issuer)
Northland Capital upgraded ADTRAN from Market Perform to Outperform and set a new price target of $7.50
Argus downgraded ADTRAN from Buy to Hold
Rosenblatt downgraded ADTRAN from Buy to Neutral and set a new price target of $7.00 from $11.00 previously
Northland Capital downgraded ADTRAN from Outperform to Market Perform and set a new price target of $13.00
Loop Capital upgraded ADTRAN from Hold to Buy and set a new price target of $26.00 from $21.00 previously
Needham initiated coverage of ADTRAN with a rating of Buy and set a new price target of $28.00
Rosenblatt initiated coverage of ADTRAN with a rating of Buy and set a new price target of $25.00
Loop Capital initiated coverage of ADTRAN with a rating of Hold and set a new price target of $21.00
Goldman Sachs reiterated coverage of Adtran with a rating of Neutral and set a new price target of $22.00 from $20.00 previously
Cowen upgraded ADTRAN from Market Perform to Outperform and set a new price target of $29.00
News summary: As cyber threats to GNSS grow, network operators are turning to alternative sources of positioning, navigation and timing data Adtran's Oscilloquartz solutions now support Iridium® STL services as part of a zero-trust architecture, delivering precise, secure timing via low-Earth orbit satellites Customers from 5G mobile operators to the defense sector can select STL services to ensure ultimate defense against GNSS vulnerabilities Adtran, in partnership with Iridium Communications Inc. (NASDAQ:IRDM), today announced the European and Asia-Pacific launch of its synchronization solutions featuring Iridium® Satellite Time and Location (STL) technology, a significant ste
ADTRAN Holdings, Inc. (NASDAQ:ADTN, FSE: QH9))), announced today that Company representatives will meet with investors at the Northland Growth Conference on June 25, 2024. ADTRAN representatives will discuss company performance and current industry trends that may affect the market and ADTRAN's business. What: Northland Growth Conference When: June 25, 2024 Where: Virtual Conference The matters discussed at this conference may include certain forward-looking statements that represent the Company's expectations or beliefs and reflect management's best judgment based on factors currently known. These statements by their nature involve substantial risks and uncertainties, which may be be
News summary: LU-CIX member ecosystem enhances Luxembourg's digital infrastructure through strategic alliances and technological innovation Adtran's membership reinforces a longstanding collaboration, with its open FSP 3000 transport technology integral to LU-CIX's infrastructure ALM fiber monitoring technology elevates LU-CIX's service reliability, boosting network availability and stability across the country Adtran and the Luxembourg Internet eXchange (LU-CIX), today announced that Adtran has joined the LU-CIX community as a Gold Member. This addition expands and enhances LU-CIX's supporting member ecosystem, which is key for the digital infrastructure of Luxembourg and beyon
News summary: Rising precision demands and GPS/GNSS vulnerabilities are driving the urgent need for secure, reliable synchronization Adtran's new OSA 3300 Super HP and OSA 3350 Super ePRC+ meet the need for enhanced accuracy, stability and robust timing protection Technology ensures 100-nanosecond precision for 100 days, assuring PNT for critical infrastructure and defense operations Adtran today launched two new optical cesium atomic clocks that set new standards in network time synchronization: the OSA 3300 Super High-Performance (OSA 3300 SHP) and the OSA 3350 Super Enhanced Primary Reference Clock+ (OSA 3350 SePRC+). As part of Adtran's Oscilloquartz portfolio of industry-fi
NEW YORK, June 7, 2024 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, June 24, to coincide with the quarterly rebalance. The changes ensure each index is more representative of its market capitalization range. All companies being added to the S&P 500 are more representative of the large-cap market space, all companies being added to the S&P MidCap 400 are more representative of the mid-cap market space, and all companies being added to the S&P SmallCap 600 are more representative of the small-cap market space. The companies being removed from the S
ADTRAN Holdings, Inc. (NASDAQ:ADTN, FSE: QH9))), announced today that Company representatives will meet with investors at the Rosenblatt 4th Annual Technology Summit on June 13, 2024. ADTRAN representatives will discuss company performance and current industry trends that may affect the market and ADTRAN's business. What: Rosenblatt's 4th Annual Technology Summit: The Age of AI When: June 13, 2024 Where: Virtual Conference The matters discussed at this conference may include certain forward-looking statements that represent the Company's expectations or beliefs and reflect management's best judgment based on factors currently known. These statements by their nature involve substantial
News summary: SUNET needed a way to monitor its national R&E infrastructure in real time for rapid detection and resolution of fiber issues With in-service assurance from the Adtran ALM platform, SUNET can locate breaks and degradation across its entire backbone network Capable of monitoring RAMAN-amplified links, ALM reduces downtime, simplifies network management and minimizes operational costs Adtran today announced that the Swedish University Computer Network (SUNET) has deployed its ALM in-service fiber monitoring solution to enhance network resilience and operational efficiency. The technology equips SUNET's maintenance teams with real-time insight into the quality of its
News summary: Anniversary spotlights unique synchronization expertise and the industry's most extensive assured PNT platform Key milestones include market-first optical cesium atomic clocks – setting new standards for holdover and critical network timing Oscilloquartz is also celebrating a decade of technological advancements and growth since joining forces with Adtran Adtran today announced that this month marks the 75th anniversary of Oscilloquartz. Founded in 1949, Oscilloquartz has evolved into a global leader in PNT network timing technology, setting numerous industry benchmarks throughout its history. The company offers precision synchronization solutions that empower cust
News summary: Service provider required a proactive monitoring system for real-time insight into fiber integrity Adtran's ALM technology monitors fiber carrying any data signal, delivering instant, detailed alerts that precisely locate issues With comprehensive network health data, TruVista has optimized its operations and reduced truck rolls Adtran today announced that TruVista is harnessing its ALM fiber monitoring solution to ensure the reliability of its high-speed broadband services. Adtran's ALM gives TruVista's maintenance teams comprehensive and immediate insight into their optical infrastructure, including third-party links. By continuously probing the fiber network for
Q1 revenue above mid-point of guidance; non-GAAP profitability in line with guidance $53 million sequential improvement in GAAP operating cash flow ADTRAN Holdings, Inc. (NASDAQ:ADTN) ("ADTRAN Holdings" or the "Company") today announced its unaudited financial results for the first quarter of 2024. GAAP gross margin for the first quarter was 31.9%, compared to 34.8% in Q4 2023 and 27.1% in the year-ago quarter, representing an improvement of 484 basis points ("bps") year-over-year but a decrease of 285 bps quarter-over-quarter. The year-over-year improvement primarily resulted from lower purchasing and transportation costs, as well as lower acquisition-related expenses, amortizatio
As cyber threats to GNSS grow, network operators are turning to alternative sources of positioning, navigation and timing dataAdtran's Oscilloquartz solutions now support Iridium® STL services as part of a zero-trust architecture, delivering precise, secure timing via low-Earth orbit satellitesCustomers from 5G mobile operators to the defense sector can select STL services to ensure ultimate defense against GNSS vulnerabilities
Shares of Kaival Brands Innovations Group, Inc. (NASDAQ:KAVL) fell sharply during Friday's session after the company announced pricing of $6.0 million public offering. Kaival Brands priced its 3,921,500 unit offering at $15.3 per unit. Kaival Brands Innovations Group shares dipped 47% to $1.52 on Friday. Here are some other stocks moving in today’s mid-day session. Gainers American Rebel Holdings, Inc. (NASDAQ:AREB) shares jumped 161% to $0.8048 after the company signed a Connecticut distribution agreement with Dichello Distributors. Sharecare, Inc. (NASDAQ:SHCR) jumped 74% to $1.35 after the company agreed to be acquired by Altaris affiliate for $1.43 per share in cash.
U.S. stocks were mixed, with the Dow Jones index gaining around 50 points on Friday. Shares of Asana, Inc. (NYSE:ASAN) rose sharply during Friday's session after the company announced a $150 million share repurchase program and reaffirmed its forward guidance. Asana said its board of directors approved a stock repurchase program authorizing the company to repurchase up to $150 million of its Class A common stock through June 30, 2025. Asana shares jumped 13.4% to $12.90 on Friday. Here are some other big stocks recording gains in today’s session. Sarepta Therapeutics, Inc. (NASDAQ:SRPT) shares jumped 39.2% to $171.89 after the company announced FDA approval of an expansion to
Gainers TROOPS (NASDAQ:TROO) stock increased by 13.7% to $1.74 during Tuesday's pre-market session. The market value of their outstanding shares is at $176.7 million. SMX (Security Matters) (NASDAQ:SMX) shares moved upwards by 8.54% to $0.16. The company's market cap stands at $6.1 million. Red Cat Hldgs (NASDAQ:RCAT) shares increased by 8.47% to $0.96. The market value of their outstanding shares is at $71.3 million. UTime (NASDAQ:WTO) stock increased by 7.48% to $0.58. The company's market cap stands at $227.5 million. Cyngn (NASDAQ:CYN) shares increased by 7.35% to $0.11. The company's market cap stands at $15.0 million. Valens Semiconductor (NYSE:VLN) shares rose 6.56% to $3.41. Th
S&P Dow Jones Indices announced late Friday changes to various S&P indices, coinciding with the quarterly rebalance. Notable among the additions to the prestigious S&P 500 Index was cybersecurity company CrowdStrike Holdings, Inc. (NASDAQ:CRWD). What Happened: CrowdStrike will replace Robert Half Inc. (NYSE:RHI) in the S&P 500 Index, while investment management company KKR & Co Inc. (NYSE:KKR) and GoDaddy Inc. (NYSE: GDDY) will take the place of Comerica Inc. (NYSE:CMA) and Illumina Inc. (NASD:ILMN), respectively in the broader gauge. The changes will take effect, prior to the open of trading on Monday. S&P Dow Jones said the changes ensure each index is more representative of its mark
Needham analyst Ryan Koontz reiterates Adtran Holdings (NASDAQ:ADTN) with a Buy and maintains $8 price target.
Adtran Holdings (NASDAQ:ADTN) has been analyzed by 4 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish. The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 3 0 1 0 0 Last 30D 1 0 0 0 0 1M Ago 1 0 0 0 0 2M Ago 0 0 0 0 0 3M Ago 1 0 1 0 0 Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $7.88, along with a high estimate of $8.00 and a low estimate of $7.50. This current a
Needham analyst Ryan Koontz reiterates Adtran Holdings (NASDAQ:ADTN) with a Buy and maintains $8 price target.
Shares of Beyond, Inc. (NYSE:BYON) fell sharply during Tuesday’s session following weaker-than-expected quarterly results. Beyond posted adjusted loss of $1.22 per share, versus estimates for a loss of 87 cents per share. The company’s sales came in at $382.281 million versus estimates of $389.264 million, according to data from Benzinga Pro. Beyond shares dipped 20.8% to $17.34 on Tuesday. Here are some other stocks moving in today’s mid-day session. Gainers Golden Sun Health Technology Group Limited (NASDAQ:GSUN) shares gained 94.7% to $5.60. Golden Sun Health Technology Group regained compliance with Nasdaq continued listing requirement. MMTec, Inc. (NASDAQ:MTC) gained
– Conf Call