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ADTRAN (ADTN) Q1 Earnings Beat Estimates, Revenues Down Y/Y
Zacks Investment Research· 2024-05-07 22:05
ADTRAN Holdings, Inc. (ADTN) reported first-quarter 2024 results, wherein both the bottom line and the top line beat the respective Zacks Consensus Estimate.  The expansion of the Mosaic One platform reportedly boosted its customer base. On a year-over-year basis, revenues contracted due to soft macroeconomic trends.Net IncomeOn a GAAP basis, net loss in the March quarter was $324.6 million or a loss of $4.12 per share compared with net loss of $40 million or a loss of 51 cents per share in the prior-year q ...
ADTRAN Holdings (ADTN) Reports Q1 Loss, Tops Revenue Estimates
Zacks Investment Research· 2024-05-07 20:05
ADTRAN Holdings (ADTN) came out with a quarterly loss of $0.02 per share versus the Zacks Consensus Estimate of a loss of $0.08. This compares to loss of $0.06 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 75%. A quarter ago, it was expected that this networking equipment maker would post a loss of $0.09 per share when it actually produced a loss of $1.09, delivering a surprise of -1,111.11%.Over the last four quarters, the ...
ADTRAN (ADTN) - 2024 Q1 - Quarterly Results
2024-05-07 19:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): May 3, 2024 ADTRAN Holdings, Inc. (Exact name of Registrant as Specified in Its Charter) Delaware 001-41446 87-2164282 (State or Other Jurisdiction (Commission (IRS Employer of Incorporation) File Number) Identification No .) 901 Explorer Boulevard Huntsville, Alabama 35806-2807 (Address of Pri ...
ADTRAN (ADTN) - 2023 Q4 - Annual Results
2024-03-15 19:30
EXHIBIT 99.1 ADTRAN Holdings, Inc. reports preliminary fourth quarter 2023 financial results • 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 Huntsville, Alabama, USA. — February 26, 2024 — ADTRAN Holdings, Inc. (NASDAQ: ADTN and FSE: QH9) (“ADTRAN Holdings” or the “Company”) today announc ...
ADTRAN (ADTN) - 2023 Q4 - Annual Report
2024-03-15 00:00
12liability of warranty UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period from to Commission file number 000-41446 ADTRAN Holdings, Inc. (Exact name of registrant as specified in its charter) Delaware 87-2164282 (State or Other Juri ...
New Strong Sell Stocks for March 14th
Zacks Investment Research· 2024-03-14 19:36
Here are three stocks added to the Zacks Rank #5 (Strong Sell) List today:ADTRAN Holdings, Inc. (ADTN) is a fiber networking solutions provider. The Zacks Consensus Estimate for its current year earnings has been revised 225% downward over the last 60 days.The Container Store Group, Inc. (TCS) is a specialty retailer of organizing solutions and custom spaces. The Zacks Consensus Estimate for its current year earnings has been revised 169.2% downward over the last 60 days.Finward Bancorp (FNWD) is the holdin ...
Netnod bolsters Sweden's national timing infrastructure with Adtran Oscilloquartz optical cesium clocks
Businesswire· 2024-03-11 21:00
STOCKHOLM--(BUSINESS WIRE)--Adtran today announced that Netnod is leveraging its optical pumping cesium atomic clock technology to bring precise, reliable and assured timing to Sweden’s critical national infrastructure. Protecting the country’s timing services is vital for the nation’s economy, encompassing finance, digital services and next-generation telecoms networks, such as 5G. By upgrading its timing network with the coreSync™ OSA 3300-HP, Netnod, the leading provider of internet exchange, DNS and tim ...
ADTRAN (ADTN) Advanced Link Monitor Boosts Network Efficiency
Zacks Investment Research· 2024-03-08 21:56
SCRTC选择ADTRAN ALM解决方案 - ADTRAN公司宣布,South Central Rural Telecommunications Cooperative(SCRTC)选择部署ADTRAN的Advanced Link Monitor(ALM)来主动识别光纤网络中的故障和退化[1] - SCRTC正在寻求一种解决方案,以提供订户快速解决方案,以应对服务中断可能带来的挑战[2] - SCRTC已在三个中心站点部署了ADTRAN ALM 96端口单元,该监控解决方案提供了对光纤基础设施的实时可操作洞察[3]
South Central Rural Telecommunications Cooperative uses Adtran's ALM to rapidly detect fiber faults
Businesswire· 2024-03-07 21:30
GLASGOW, Ky.--(BUSINESS WIRE)--Adtran today announced that South Central Rural Telecommunications Cooperative (SCRTC) is using its ALM in-service fiber monitoring solution to continuously probe its fiber network for faults and degradations. The comprehensive assurance platform empowers SCRTC to locate and resolve issues before they impact services for its customers across South Central Kentucky. With no need to engage in time-consuming manual fault isolation, SCRTC can leverage its maintenance resources mor ...
ADTRAN (ADTN) - 2023 Q4 - Earnings Call Transcript
2024-02-28 04:47
财务数据和关键指标变化 - 公司第四季度收入为2.255亿美元,较上年同期下降37%,较上一季度下降17% [4][11] - 毛利率为41.9%,较上年同期增加277个基点,较上一季度增加155个基点,主要由于制造和运输成本下降以及客户和产品组合更有利 [11] - 非GAAP经营亏损为320万美元,经营利润率为负1.4%,处于指导范围的上限 [12] - 由于决定对国内递延税资产计提估值准备,公司第四季度非GAAP税收费用为7310万美元,净亏损为8590万美元 [12] 各条业务线数据和关键指标变化 - 网络解决方案业务占总收入的80%,较上年同期下降8.6个百分点,较上一季度下降3.9个百分点 [11] - 接入和聚合解决方案业务占收入28.5%,较上年同期下降32.9%,较上一季度下降32.1% [11] - 光网络解决方案业务占收入38.2%,较上年同期下降39.5%,较上一季度下降26% [11] - 用户解决方案业务占收入33.4%,较上年同期下降37.5%,较上一季度增长22.3% [11] 各个市场数据和关键指标变化 - 国际收入占总收入62%,国内收入占38% [11] - 公司在第四季度新增15家光纤到户运营商客户,全年新增66家,主要来自美国地区运营商 [6] - 公司在第四季度新增50个Mosaic One客户,全年新增225个,目前总数约380个 [6] 公司战略和发展方向及行业竞争 - 公司继续专注于利用升级的光纤接入和光传输平台捕获光纤覆盖,同时推动最新的用户平台、软件解决方案和高价值服务的采用 [10] - 公司看好未来几年光纤网络的增长前景,得益于美国和欧洲的大规模宽带刺激计划 [5][8] - 公司在美国市场的差异化在于能够提供从光纤核心到客户端的完整光纤网络组合,并配备简化部署和运营成本的软件应用 [6][7] - 公司在欧洲市场看到高风险供应商替换机会正在增强,这是一个时间问题而非是否会发生的问题 [8][9] - 公司正在投资升级光传输线系统、可插拔收发器、复用器和软件平台,以保持在metro光网和企业光网细分市场的领先创新地位 [9] 管理层对经营环境和未来前景的评论 - 公司继续面临宏观经济因素和客户库存调整带来的谨慎服务提供商支出 [4][15] - 公司将继续专注于管理运营费用和降低自身库存水平,成为更高效和更有利润的公司 [10][15] - 公司对长期增长前景保持乐观,但将采取更加谨慎的经营模式 [15] 问答环节重要的提问和回答 问题1 **George Notter 提问** 您是否看到BEAD计划对当前需求产生了影响? [17] **Tom Stanton 回答** BEAD对Tier 3较小运营商的影响有限,OLT出货对该细分市场基本持平,存在一些客户在等待BEAD资金,但也有客户在继续推进 [18][19] 问题2 **Michael Genovese 提问** 用户解决方案库存调整是否已经结束? [23] **Tom Stanton 回答** 对公司自身的用户解决方案库存而言,最困难的时期应该已经过去,但不能完全确定对所有客户都是如此 [24] 问题3 **Ryan Koontz 提问** 您如何看待华为在欧洲市场的现状及竞争态势? [39] **Tom Stanton 回答** 华为在欧洲的存在已经非常有限,很少参与新的竞标,主要集中在填补现有部署的空位,但新的部署几乎看不到华为身影,各运营商都在考虑从高风险供应商转向 [40][41][43]