
ADTRAN guided for Q2 2026 revenue of $283 million to $303 million and non-GAAP operating margin of 5% to 9%, then preliminary results came in below both ranges after a delayed single-customer project. The investigation focuses on shareholder rights tied to that guidance shortfall. ADTRAN guided for Q2 2026 revenue of $283 million to $303 million and non-GAAP operating margin of 5% to 9%, then preliminary results came in below both ranges after a delayed single-customer project. The investigation focuses on shareholder rights tied to that guidance shortfall.










