Welcome to our dedicated page for Adtran news (Ticker: ADTN), a resource for investors and traders seeking the latest updates and insights on Adtran stock.
ADTRAN Holdings, Inc. (NASDAQ: ADTN, FSE: QH9) is the parent company of Adtran, Inc., which provides open, disaggregated networking and communications solutions used by communications service providers, private enterprises, government organizations and individual users worldwide. The ADTN news stream highlights how the company’s broadband access, optical networking, synchronization and AI-based software platforms are applied in real deployments and financial decisions.
Recent company news features deployments of Adtran’s open, intelligent fiber access platforms to support multigigabit fiber-to-the-home services for residents and businesses. Examples include utilities and regional broadband providers expanding city-wide broadband using Adtran’s fiber access technology integrated with Mosaic One and third-party platforms to simplify network management and enhance subscriber experience.
News coverage also focuses on Adtran’s Mosaic One Clarity solution, built on its REAL AI platform. Articles describe how service providers use Mosaic One Clarity to consolidate network and in-home data, identify likely root causes of issues and enable proactive assurance, with early results showing reductions in trouble tickets and fewer site visits.
In optical networking, ADTRAN news includes participation in industry interoperability demonstrations with its FSP 3000 open line system and coherent pluggable optics, such as 100ZR+ and 400ZRE modules. Additional stories highlight Oscilloquartz synchronization platforms, including support for Galileo’s OSNMA authentication service and integrations that combine GNSS and 5G-based terrestrial timing for resilient synchronization.
Investors can also find announcements of quarterly financial results, earnings calls, convertible senior notes offerings and related credit agreement amendments. Together, these items provide a view into ADTRAN Holdings, Inc.’s product developments, customer deployments, capital structure and ongoing role in broadband access, optical transport and timing markets.
ADTRAN, Inc. (NASDAQ:ADTN) reported its third quarter 2021 results, posting revenues of $138.1 million but a net loss of $10.4 million, translating to a loss per share of $0.21. Non-GAAP metrics showed a net loss of $0.8 million and a loss per share of $0.02. The company noted record Q3 bookings, up 43% year-over-year, with a 61% growth rate in SaaS customers. Additionally, it announced a quarterly dividend of $0.09 per share, payable on November 30, 2021.
ADTRAN (NASDAQ:ADTN) has announced its partnership with CalChip Connect to enhance IoT solutions, adding ADTRAN's LoRaWAN IoT gateways to CalChip's offerings. This collaboration aims to meet the increasing demand for enterprise IoT applications, projected to dominate a global IoT market worth $1.1 trillion by 2024, according to GlobalData. CalChip Connect's ability to create customized solutions will be bolstered by ADTRAN's reliable support and technology, aimed at improving productivity and supporting sustainability efforts in various enterprises.
ADTRAN, Inc. (NASDAQ: ADTN) will release its third quarter 2021 financial results after market close on November 1, 2021. A conference call to discuss these results is scheduled for November 2, 2021, at 9:30 a.m. Central Time. Participants can access the webcast on ADTRAN’s Investor Relations site. An online replay and transcript will be available for at least 12 months post-call. ADTRAN focuses on enhancing connectivity for global communications service providers.
ADTRAN, Inc. (NASDAQ: ADTN) reported preliminary financial results for Q3 2021, with expected revenue of $138 million and a gross margin of 34.5%. The company anticipates an operating loss of $10.1 million, primarily due to $9 million in supply chain-related expenses. Despite challenges, ADTRAN experienced a 43% year-over-year increase in bookings, indicating strong demand from global service providers. The company expects supply chain issues to normalize by mid-2022 and remains enthusiastic about the upcoming merger with ADVA.
ADTRAN, Inc. (NASDAQ:ADTN) announced its 60GHz mmWave mesh solution has been selected by ABC Communications to enhance broadband access in Clinton, British Columbia. This innovative technology provides Gigabit-ready connectivity at a reduced cost and with faster deployment times compared to traditional fiber networks. ABC Communications will now offer speeds 20 times faster than previous options, supporting local initiatives and emergency services in rural areas. The solution's self-healing and self-organizing features further optimize network performance.
ADTRAN has partnered with South Valley Internet to provide advanced 10G fiber access and 60GHz mesh mmWave solutions in California's South Valley region. This collaboration aims to enhance broadband connectivity for areas like Morgan Hill and Gilroy, especially vital during the COVID-19 pandemic. The ADTRAN 60GHz solution, featuring self-organizing technology, supports reliable high-speed internet, overcoming local topographical challenges. SVI's deployment ensures uninterrupted service, elevating user experiences and reinforcing its competitive position in the market.
ADTRAN, Inc. (NASDAQ: ADTN) has partnered with Waseela to introduce its 60GHz mmWave mesh solution in the Middle East. This collaboration aims to provide cost-effective Gigabit broadband services in regions where fiber deployment is challenging. Waseela, known for its telecom and ICT projects, will leverage ADTRAN's technology to enhance connectivity for residential and business needs. The solution's self-organizing mesh technology ensures low latency and resilience, benefiting various applications including 5G backhaul and smart city initiatives.
ADTRAN has announced its innovative 60GHz mmWave mesh wireless access solution aimed at enhancing Gigabit service in urban and hard-to-reach rural areas. The new MetNet 60GHz solution offers significant advantages, including double the capacity and four times the reach of existing products. It supports various revenue-generating services and operates with 80% lower power consumption per Gigabit. This advancement facilitates faster network monetization for service providers while minimizing environmental impact.
ADTRAN has announced that its 7310-08 LoRaWAN IoT Gateway is now qualified as an AWS IoT Core for LoRaWAN gateway, marking a significant step in enhancing its IoT product offerings. This certification allows users to connect their LoRaWAN devices to AWS, facilitating easier IoT network deployments without the need for a separate LoRaWAN Network Server. The gateway is optimized for business and industrial applications, offering efficiency with features like Power over Ethernet and Bluetooth configuration. This move strengthens ADTRAN's position in the IoT market.
ADTRAN, a leading provider of fiber broadband solutions, announced that Sonic will expand its fiber network into Oakland, California using the ADTRAN Total Access 5000 platform. This collaboration will enhance Sonic's market share by utilizing Combo PON technology to support both existing GPON and new XGS-PON services. The ADTRAN TA5000 is noted as the highest density 10G PON solution available, capable of delivering 10 Gbps customer connections. The partnership aims to meet the increasing demand for high-capacity internet services while improving network ROI.
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