Adtran Inc Stock Price, News & Analysis

Adtran and IdeaTek have announced a partnership to deploy Kansas's first 50G PON network, aiming to enhance connectivity across the state, including underserved areas. The collaboration will leverage Adtran's SDX 6400 Series OLT to deliver scalable, future-ready infrastructure with speeds up to 50Gbit/s. This technology will support various applications such as smart farming, IoT connectivity, remote healthcare, augmented/virtual reality, and ultra-high-definition video for homes and businesses.

Building on Adtran's 10G fiber access platform and Wi-Fi 7-enabled mesh gateways, the rollout will help IdeaTek expand its subscriber base and bridge the digital divide, ensuring even the hardest-to-reach communities have access to high-speed internet. The SDX 6400 Series OLT offers the flexibility to integrate GPON, XGS-PON, and 50G PON on every port, allowing incremental technology adoption without service disruption.

Adtran's VP of North America service provider sales, Jeremy Harris, emphasized that the SDX 6400 is designed to scale efficiently and protect current investments, reflecting a shared commitment to delivering reliable, future-ready broadband.

ADTRAN Holdings (NASDAQ: ADTN; FSE: QH9) announced its participation in the upcoming Northland Growth Conference on December 12, 2024. The virtual event will feature CEO Tom Stanton, CFO Uli Dopfer, and VP of IR Peter Schuman, who will discuss company performance and industry trends affecting the market and ADTRAN's business operations.

Infrabel, Belgium's national railway infrastructure company, has implemented Adtran's FSP 3000 S-Flex™ technology to enhance its storage network capacity. This deployment marks Europe's first 64G Fibre Channel over WDM solution, providing native 64Gbit/s transmission for improved data center connectivity. The solution supports multiple network interfaces through trunking technology, significantly boosting throughput and reliability for railway operations. Arcadiz is providing comprehensive engineering, installation, and 24/7 maintenance services to ensure uninterrupted network performance.

Adtran and Dell Technologies have announced a strategic collaboration to address the AI networking needs of US federal agencies. The partnership introduces the DELL AI Network Cloud (AINC) Factory ON-RAMP, integrating Adtran's optical, packet, and software networking solutions with Dell's AI-driven infrastructure. This solution offers significant cost savings compared to traditional options and provides secure, high-performance connectivity across on-premises, cloud, and hybrid environments. The platform features Adtran's FSP 150 packet edge solution, FSP 3000 optical transport platform, and software systems, combined with Dell's AI Factory and Super Compute Xchange for advanced AI supercomputing operations.

ADTRAN Holdings (NASDAQ: ADTN; FSE: QH9) announced that company representatives, including CEO Tom Stanton and CFO Uli Dopfer, will participate in the Deutsches Eigenkapitalforum 2024 in Frankfurt, Germany, on November 25-26, 2024. During the event, they will meet with investors to discuss company performance and current industry trends affecting the market and ADTRAN's business operations.

ADTRAN Holdings (NASDAQ: ADTN; FSE: QH9) has announced its participation in the 18th Annual Needham Virtual Security, Networking, & Communications Conference scheduled for November 19, 2024. During the virtual event, company representatives will engage with investors to discuss company performance and current industry trends that could impact both the market and ADTRAN's business operations.

ADTRAN Holdings reported preliminary Q3 2024 results with revenue of $227.7 million, exceeding guidance midpoint. The company posted GAAP gross margin of 37.4% and Non-GAAP gross margin of 42.1%, showing sequential improvements. Despite a GAAP operating margin of -10.5% and Non-GAAP operating margin of 1.1%, the company expects continued growth in Q4 with projected revenue between $230-245 million. Management highlighted improving end markets, growing customer base, and normalizing inventory levels as positive indicators. The company anticipates leveraging these improvements for increased profitability and cash generation.

CRIANN has implemented Adtran's FSP 3000 optical transport technology and ALM fiber monitoring platform to enhance its research and education network capacity in Normandy. The upgrade, supported by the Normandy Region and implemented by Axians, features the FSP 3000 OpenFabric™ 1200, delivering up to 400Gbit/s per wavelength and supporting multiple OTN and Ethernet client services. The solution includes Adtran's ALM in-service fiber monitoring platform, providing real-time geographic information system for precise fiber issue detection, helping reduce operational costs and improve network availability.

Adtran announced that Switzerland's Federal Institute of Metrology METAS has deployed its OSA 3300 HP, the industry's first high-performance optical cesium atomic clock. The technology enhances national timekeeping performance and supports critical scientific research. The device sets new standards for accuracy and stability with a 10-year lifespan, compared to five years for traditional magnetic deflection clocks. The OSA 3300 HP strengthens Switzerland's contribution to Universal Time Coordinated (UTC) and provides an ultra-stable frequency source for precision measurement.