ADTN

Hyperscaler customer revenue grew over 200% year over year. European equipment replacement represents a $10 billion market opportunity.

ADTRAN Holdings, Inc. ( ADTN ) Q3 2026 Earnings Call November 3, 2026 8:30 AM EST Company Participants Thomas Stanton - President, CEO & Chairman Timothy Santo - Senior VP of Finance, Principal Accounting Officer, Treasurer & CFO Conference Call Participants Jyhhaw Liu - Evercore ISI Institutional Equities, Research Division Amoljit Dhaliwal Christian Schwab - Craig-Hallum Capital Group LLC, Research Division Dave Kang - B. Riley Securities, Inc., Research Division George Notter - Wolfe Research, LLC William Dezellem - Tieton Capital Management, LLC Presentation Operator Ladies and gentlemen, thank you for standing by, and welcome to the ADTRAN Holdings, Inc. Third Quarter 2026 Earnings Release Conference Call.

ADTRAN NASDAQ: ADTN reported third-quarter revenue of $281.2 million, up about 1% from a year earlier and roughly flat sequentially, as growth in optical networking and access products was partly offset by supply constraints and lower subscriber-solutions revenue from the prior year.

HUNTSVILLE, Ala.--(BUSINESS WIRE)--ADTRAN Holdings, Inc. (NASDAQ: ADTN and FSE: QH9) (“ADTRAN Holdings” “ADTRAN” or the “Company”) today announced its unaudited financial results for the third quarter ended September 30, 2026. Revenue: $281.2 million, up 0.6 % year-over-year. GAAP gross margin of 38.5%; non-GAAP gross margin of 42.1%, including benefit of approximately 200 basis points from IEEPA1 refunds. GAAP operating margin of -0.3 %; non-GAAP operating margin of 5.0%. Net cash used in oper.

HUNTSVILLE, Ala.--(BUSINESS WIRE)--ADTRAN Holdings, Inc. (NASDAQ: ADTN and FSE: QH9) (“ADTRAN Holdings” or the “Company”) announced today that the Company will release its financial results for the third quarter 2026 after the market close on Monday, November 2, 2026, at https://investors.adtran.com/. The Company will conduct a conference call on Tuesday, November 3, 2026, to discuss the results for the quarter. What: ADTRAN Holdings, Inc. Earnings Call When: 7:30 a.m. Central Time (2:30 p.m. C.

CIEN's surging backlog and optical demand contrast with ADTRAN's supply, margin and timing pressures as AI networking drives opportunities.

Investors need to pay close attention to ADTN stock based on the movements in the options market lately.

ADTRAN Holdings is rated Hold as it pivots toward optical networking, with hyperscaler and enterprise revenue growth offset by supply constraints. Q2 revenue missed guidance at $281.1M, with gross margin dropping to 40.7% and supply tightness impacting multiple product lines and near-term visibility. Optical Networking now drives 39% of revenue; customer diversification is improving, but new products offer limited near-term upside.

ADTN has plunged 46.2% in three months as execution issues hit margins, but fiber broadband and AI networking trends keep its long-term growth story alive.

ADTN's fiber broadband and AI networking opportunities remain strong, but execution challenges and weaker earnings outlook suggest patience may be the better strategy.