Adtran And Iridium Strengthen Announce European And Asia-Pacific Launch Of Its Solutions Featuring Iridium STL Technology

6/24/24 8:06:31 AM ET

$ADTN

$IRDM

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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

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Recent Analyst Ratings for
$ADTN
$IRDM

Company	Date	Price Target	Rating	Analyst
ADTRAN Holdings Inc. $ADTN	11/8/2024	$6.00 → $10.00	Neutral → Buy	Rosenblatt
ADTRAN Holdings Inc. $ADTN	5/8/2024	$7.50	Market Perform → Outperform	Northland Capital
Iridium Communications Inc $IRDM	2/16/2024	$30.00	Buy → Neutral	BWS Financial
Iridium Communications Inc $IRDM	2/15/2024		Outperform → Mkt Perform	William Blair
ADTRAN Holdings Inc. $ADTN	11/20/2023		Buy → Hold	Argus
ADTRAN Holdings Inc. $ADTN	11/7/2023	$11.00 → $7.00	Buy → Neutral	Rosenblatt
Iridium Communications Inc $IRDM	9/18/2023	$57.00	Hold → Buy	Deutsche Bank
Iridium Communications Inc $IRDM	7/27/2023	$66.00 → $65.00	Equal Weight → Overweight	Barclays

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Press Releases

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Adtran launches scalable AI private cloud solutions for US federal agencies
News summary: Federal government organizations need secure, scalable cloud infrastructure to accelerate their AI applications Adtran and Dell Technologies collaborate to deliver the DELL AINC Factory ON-RAMP, integrating advanced networking and cloud technologies Solution offers cost savings, high-performance, low-latency connectivity and secure infrastructure management Adtran and Dell Technologies today announced a strategic collaboration to meet the growing AI networking needs of the US federal government. Adtran is providing a comprehensive range of optical, packet and software networking solutions, which are being integrated with Dell's AI-driven infrastructure to accelerat
11/21/24 11:50:00 AM ET
$ADTN
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ADTRAN Holdings, Inc., to Meet with Investors at the Deutsches Eigenkapitalforum 2024
ADTRAN Holdings, Inc. (NASDAQ:ADTN, FSE: QH9)), a leading provider of next-generation networking solutions announced today that Company representatives will meet with investors at the Deutsches Eigenkapitalforum 2024 in Frankfurt, Germany, November 25-26, 2024. ADTRAN representatives will discuss company performance and current industry trends that may affect the market and ADTRAN's business. What: Deutsches Eigenkapitalforum 2024 When: November 25-26, 2024 Where: Frankfurt Germany Representatives: Tom Stanton, CEO; Uli Dopfer, CFO The matters discussed at this conference may include certain forward-looking statements that represent the Company's expectations or beliefs and reflect ma
11/19/24 11:00:00 AM ET
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ADTRAN Holdings, Inc. to Meet with Investors at the 18th Annual Needham Virtual Security, Networking, & Communications Conference
ADTRAN Holdings, Inc. (NASDAQ:ADTN, FSE: QH9)), announced today that Company representatives will meet with investors at the 18th Annual Needham Virtual Security, Networking, & Communications Conference on November 19, 2024. ADTRAN representatives will discuss company performance and current industry trends that may affect the market and ADTRAN's business. What: 18th Annual Needham Virtual Security, Networking, & Communications Conference When: November 19, 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 cur
11/12/24 9:00:00 AM ET
$ADTN
Telecommunications Equipment
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$ADTN
$IRDM
Leadership Updates

Live Leadership Updates

Iridium Announces Executive Retirements; Names Vincent O'Neill as New Chief Financial Officer and Timothy Last as new Executive Vice President, Sales and Marketing, each effective January 1, 2025
MCLEAN, Va., Aug. 21, 2024 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ:IRDM) today announced that Thomas J. Fitzpatrick, 66, the Company's Chief Financial Officer (CFO) and Chief Administrative Officer and Bryan J. Hartin, 60, Executive Vice President, Sales and Marketing, plan to retire at year-end. Mr. Fitzpatrick will continue to serve on the Company's Board of Directors after his retirement as CFO. The Company named Vincent O'Neill as its new Chief Financial Officer and Timothy Last as the new Executive Vice President, Sales and Marketing, each to be effective January 1, 2025.
8/21/24 7:00:00 AM ET
$IRDM
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KKR, CrowdStrike Holdings and GoDaddy Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600
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
6/7/24 6:09:00 PM ET
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ADTRAN Holdings Announces Retirement of CFO and Appointment of New CFO
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
3/29/23 8:00:00 PM ET
$ADTN
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ADTRAN Holdings, Inc. Reports Preliminary Third Quarter 2024 Financial Results
ADTRAN Holdings, Inc. (NASDAQ:ADTN) ("ADTRAN Holdings" or the "Company") today announced its preliminary unaudited financial results for the third quarter of 2024. Revenue: $227.7 million, up sequentially and above the mid-point of guidance. Gross margin: GAAP gross margin: 37.4%; Non-GAAP gross margin: 42.1%, a sequential increase of 134 and 17 basis points, respectively. Operating margin: GAAP operating margin negative 10.5% up sequentially; Non-GAAP operating margin positive 1.1%, up sequentially and above the mid-point of guidance. GAAP diluted loss per share of $0.36; Non-GAAP diluted loss per share $0.05. ADTRAN Holdings' Chairman and Chief Executive Officer Tom Stanton stat
11/7/24 1:02:00 AM ET
$ADTN
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ADTRAN Holdings, Inc. to Release Third Quarter 2024 Earnings on November 6, 2024
ADTRAN Holdings, Inc. (NASDAQ:ADTN) announced today that the Company will release its financial results for the third quarter 2024 after market close on Wednesday, November 6, 2024. The Company will conduct a conference call on Thursday, November 7, 2024, to discuss the results for the quarter. What: ADTRAN Holdings, Inc. Earnings Call When: 9:30 a.m. Central Time on Thursday, November 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. Rel
10/18/24 10:00:00 AM ET
$ADTN
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Iridium Announces Record Third-Quarter 2024 Results; Improves 2024 OEBITDA Outlook
MCLEAN, Va., Oct. 17, 2024 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ:IRDM) ("Iridium"), a leading provider of global voice and data satellite communications, today reported financial results for the third quarter of 2024 and updated its full-year 2024 outlook. Net income was $24.4 million, or $0.21 per diluted share, for the third quarter of 2024, as compared to net loss of $1.6 million, or $0.01 per diluted share, for the third quarter of 2023. Operational EBITDA ("OEBITDA")(1) for the third quarter was a record $124.4 million, as compared to $121.3 million for the prior-year period. Net income benefitted from the year-over-year increases in service revenue, engineering and suppor
10/17/24 7:01:00 AM ET
$IRDM
Telecommunications Equipment
Telecommunications

Adtran And Iridium Strengthen Announce European And Asia-Pacific Launch Of Its Solutions Featuring Iridium STL Technology

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Recent Analyst Ratings for $ADTN$IRDM

$ADTN$IRDM Market Insights

Live Market Insights

BWS Financial Reiterates Neutral on Iridium Comms, Maintains $30 Price Target

Shares of companies within the broader communication services sector are trading lower possibly in sympathy with overall market weakness.

Barclays Maintains Overweight on Iridium Comms, Raises Price Target to $45

$ADTN$IRDM Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

Chief Revenue Officer Wilson James Denson Jr covered exercise/tax liability with 3,134 shares, decreasing direct ownership by 3% to 104,250 units (SEC Form 4)

Chairman & CEO Stanton Thomas R covered exercise/tax liability with 22,345 shares, decreasing direct ownership by 3% to 788,631 units (SEC Form 4)

CHIEF OPERATIONS OFFICER Mcbride Suzanne E. sold $130,302 worth of shares (4,420 units at $29.48), decreasing direct ownership by 2% to 182,797 units (SEC Form 4)

$ADTN$IRDM Analyst Ratings

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ADTRAN upgraded by Rosenblatt with a new price target

ADTRAN upgraded by Northland Capital with a new price target

Iridium Communications downgraded by BWS Financial with a new price target

$ADTN$IRDM Press Releases

Fastest customizable press release news feed in the world

Adtran launches scalable AI private cloud solutions for US federal agencies

ADTRAN Holdings, Inc., to Meet with Investors at the Deutsches Eigenkapitalforum 2024

ADTRAN Holdings, Inc. to Meet with Investors at the 18th Annual Needham Virtual Security, Networking, & Communications Conference

$ADTN$IRDM SEC Filings

$ADTN$IRDM Large Ownership Changes

This live feed shows all institutional transactions in real time.

$ADTN$IRDM Insider Purchases

Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

SEC Form S-3 filed by ADTRAN Holdings Inc.

Amendment: SEC Form SCHEDULE 13G/A filed by Iridium Communications Inc

SEC Form 10-Q filed by ADTRAN Holdings Inc.

Amendment: SEC Form SC 13G/A filed by ADTRAN Holdings Inc.

Amendment: SEC Form SC 13G/A filed by Iridium Communications Inc

Amendment: SEC Form SC 13G/A filed by ADTRAN Holdings Inc.

Desch Matthew J bought $1,036,280 worth of shares (28,000 units at $37.01), increasing direct ownership by 4% to 706,912 units (SEC Form 4)

$ADTN$IRDM Leadership Updates

Live Leadership Updates

Iridium Announces Executive Retirements; Names Vincent O'Neill as New Chief Financial Officer and Timothy Last as new Executive Vice President, Sales and Marketing, each effective January 1, 2025

KKR, CrowdStrike Holdings and GoDaddy Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600

ADTRAN Holdings Announces Retirement of CFO and Appointment of New CFO

$ADTN$IRDM Financials

Live finance-specific insights

ADTRAN Holdings, Inc. Reports Preliminary Third Quarter 2024 Financial Results

ADTRAN Holdings, Inc. to Release Third Quarter 2024 Earnings on November 6, 2024

Iridium Announces Record Third-Quarter 2024 Results; Improves 2024 OEBITDA Outlook

Recent Analyst Ratings for
$ADTN
$IRDM

$ADTN
$IRDM
Market Insights

$ADTN
$IRDM
Insider Trading

$ADTN
$IRDM
Analyst Ratings

$ADTN
$IRDM
Press Releases

$ADTN
$IRDM
SEC Filings

$ADTN
$IRDM
Large Ownership Changes

$ADTN
$IRDM
Insider Purchases

$ADTN
$IRDM
Leadership Updates

$ADTN
$IRDM
Financials