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ADTRAN Holdings, Inc. — Third Quarter 2026 Earnings Summary

  • Q3 2026 revenue reached $281.2 million (up 0.6% YoY), while nine-month revenue totaled $848.4 million (up from $792.2 million); non-GAAP net income for the nine months rose to $19.6 million from $3.6 million, though GAAP diluted loss per share was $0.10.
  • Q4 2026 revenue guidance is set between $272.0 million and $292.0 million, with non-GAAP operating margins expected between 1.0% and 5.0% amid supply constraints and project timing.
  • Management cites strong momentum in optical networking and hyperscale customer growth, though Q3 revenue fell slightly below guidance midpoint due to a challenging supply environment and cost pressures.
  • Strategic updates include the extinguishment of the Wells Fargo Revolving Credit Agreement in July 2026, a $31.9 million redemption of redeemable non-controlling interest, and continued focus on AI infrastructure opportunities.
Company
ADTRAN HOLDINGS INC
Sector
Technology
Industry
Communication Equipment