ADTN

EQS-News: ADTRAN Holdings Announces Preliminary Results for the Third Quarter of 2022

Retrieved on: 
Friday, October 28, 2022

HUNTSVILLE, Ala. - (October 24, 2022) ADTRAN Holdings, Inc. (NASDAQ: ADTN and FSE: QH9) (ADTRAN Holdings or the Company) today announced certain preliminary financial results for the third quarter ended September 30, 2022.

Key Points: 
  • HUNTSVILLE, Ala. - (October 24, 2022) ADTRAN Holdings, Inc. (NASDAQ: ADTN and FSE: QH9) (ADTRAN Holdings or the Company) today announced certain preliminary financial results for the third quarter ended September 30, 2022.
  • For the third quarter, preliminary revenues are $340.7 million, preliminary gross margin is 28.8%, preliminary nonGAAP gross margin is 38.1%, preliminary operating expenses are $142.1 million, preliminary nonGAAP operating expenses are $109.0 million, preliminary GAAP operating loss is $61.1 million, and preliminary non-GAAP operating income is $20.9 million.
  • Final results for the three- and nine-month periods ended September 30, 2022 will be released as planned on November 8, 2022 (CET).
  • ADTRAN Holdings, Inc. is the parent company of ADTRAN, Inc., a wholly owned subsidiary and a leading global provider of open, disaggregated networking and communications solutions.

ADTRAN Holdings Announces Preliminary Results for the Third Quarter of 2022

Retrieved on: 
Monday, October 24, 2022

ADTRAN Holdings, Inc. (NASDAQ: ADTN and FSE: QH9) (ADTRAN Holdings or the Company) today announced certain preliminary financial results for the third quarter ended September 30, 2022.

Key Points: 
  • ADTRAN Holdings, Inc. (NASDAQ: ADTN and FSE: QH9) (ADTRAN Holdings or the Company) today announced certain preliminary financial results for the third quarter ended September 30, 2022.
  • For the third quarter, preliminary revenues are $340.7 million, preliminary gross margin is 28.8%, preliminary nonGAAP gross margin is 38.1%, preliminary operating expenses are $142.1 million, preliminary nonGAAP operating expenses are $109.0 million, preliminary GAAP operating loss is $61.1 million, and preliminary non-GAAP operating income is $20.9 million.
  • Final results for the three- and nine-month periods ended September 30, 2022 will be released as planned on November 8, 2022 (CET).
  • ADTRAN Holdings, Inc. is the parent company of ADTRAN, Inc., a wholly owned subsidiary and a leading global provider of open, disaggregated networking and communications solutions.

ADTRAN Holdings, Inc. to Release Third Quarter 2022 Earnings on November 7, 2022

Retrieved on: 
Thursday, October 20, 2022

ADTRAN Holdings, Inc. (NASDAQ: ADTN) announced today that the Company will release its financial results for the third quarter 2022 after market close on Monday, November 7, 2022.

Key Points: 
  • ADTRAN Holdings, Inc. (NASDAQ: ADTN) announced today that the Company will release its financial results for the third quarter 2022 after market close on Monday, November 7, 2022.
  • The Company will conduct a conference call on Tuesday, November 8, 2022, to discuss the results for the quarter.
  • Releases 3rd Quarter 2022 Financial Results and Earnings Call, and click on the Webcast link.
  • ADTRAN Holdings, Inc. is the parent company of ADTRAN, a wholly owned subsidiary and a leading global provider of open, disaggregated networking and communications solutions.

DxTEL Introduces the First Turnkey Esports Platform for Fiber Providers

Retrieved on: 
Monday, October 17, 2022

COLUMBIA, S.C., Oct. 17, 2022 /PRNewswire/ -- DxTEL, one of the leading fiber broadband marketing firms in the country, today announced the launch of the Fiber Gaming Network, a fully managed, co-branded gaming platform designed specifically for fiber broadband providers and their subscribers. The platform is a collaboration between DxTEL and Mainstage Gaming, a Rock Hill, SC, based tech company focused on creating local opportunities for gamers. In addition, DxTEL and Mainstage Gaming will be working with Adtran, Inc. as the technology partner to further create a strong eco-system.

Key Points: 
  • COLUMBIA, S.C., Oct. 17, 2022 /PRNewswire/ -- DxTEL, one of the leading fiber broadband marketing firms in the country, today announced the launch of the Fiber Gaming Network, a fully managed, co-branded gaming platform designed specifically for fiber broadband providers and their subscribers.
  • We believe fiber providers have a tremendous opportunity to be the leaders in the community gaming space.
  • "The Fiber Gaming Network is meant for fiber providers that want to do more than just market to gamers.
  • "We are proud to provide the technology that will power the Fiber Gaming Network to reach gamers around the world through their local fiber broadband providers."

Adtran’s End-to-End Fiber Broadband Solution Empowers Volt Broadband to Connect Rural Louisiana

Retrieved on: 
Tuesday, October 11, 2022

Adtran, Inc. , the leading provider of next-generation multi-gigabit fiber access and fiber extension solutions, today announced that Volt Broadband is leveraging Adtrans end-to-end fiber broadband solution to launch fiber broadband services and close the digital divide in rural Louisiana.

Key Points: 
  • Adtran, Inc. , the leading provider of next-generation multi-gigabit fiber access and fiber extension solutions, today announced that Volt Broadband is leveraging Adtrans end-to-end fiber broadband solution to launch fiber broadband services and close the digital divide in rural Louisiana.
  • The rural communities that Volt Broadband serves are home to many farms and the ISP hopes its fiber broadband infrastructure will empower subscribers to adopt precision agriculture applications.
  • Volt Broadband hired several fiber experts to deploy and manage the fiber network and together they chose Adtrans end-to-end fiber broadband solution.
  • Recent broadband funding has created the opportunity for many new types of fiber broadband providers to emerge, like Volt Broadband that was created by a power cooperative.

AW Broadband Transforms from WISP to ISP with Adtran End-to-End Fiber Broadband Solution

Retrieved on: 
Tuesday, October 4, 2022

Adtran, Inc. , the leading provider of next-generation multi-gigabit fiber access and fiber extension solutions, today announced that AW Broadband is leveraging the Adtran end-to-end fiber broadband solution to deploy a 100% fiber-based network.

Key Points: 
  • Adtran, Inc. , the leading provider of next-generation multi-gigabit fiber access and fiber extension solutions, today announced that AW Broadband is leveraging the Adtran end-to-end fiber broadband solution to deploy a 100% fiber-based network.
  • When the industry started to shift toward fiber broadband networks and funding became available, it made the decision to transition to fiber too.
  • AW Broadband was created, and it received funding through the Rural Digital Opportunity Fund (RDOF) to build its fiber network in Texas.
  • AW Broadband is leveraging the Adtran end-to-end fiber broadband solution that includes the Adtran 10G fiber access platform with Combo PON technology and the Adtran Mosaic One cloud software .

Adtran and Fiber Homes Advance Service Providers’ Prospecting Capabilities

Retrieved on: 
Wednesday, September 28, 2022

Adtran, Inc. , the leading provider of next-generation multi-gigabit fiber access and fiber extension solutions, today announced an exclusive partnership with Fiber Homes , a platform that helps buyers find homes that are connected to fiber internet.

Key Points: 
  • Adtran, Inc. , the leading provider of next-generation multi-gigabit fiber access and fiber extension solutions, today announced an exclusive partnership with Fiber Homes , a platform that helps buyers find homes that are connected to fiber internet.
  • The Fiber Homes service will be integrated into the Adtran Mosaic One cloud software to add a new layer of prospecting capabilities and help service providers better understand where new revenue opportunities exist.
  • It connects broadband providers to nationwide multiple listing service (MLS) groups and/or real estate marketing systems so home buyers can find fiber-connected homes and view which providers service the neighborhood.
  • Adtran is the only fiber broadband solutions provider with an exclusive Fiber Homes partnership that provides Adtran customers with discounted access to the Fiber Homes platform.

ITS Taps Adtran for its UK Wholesale Fibre Network

Retrieved on: 
Wednesday, September 14, 2022

ITS designs, builds and operates wholesale, Gigabit-capable, full-fibre networks for business services in the UK.

Key Points: 
  • ITS designs, builds and operates wholesale, Gigabit-capable, full-fibre networks for business services in the UK.
  • Following a substantial investment round and long-term project wins, ITS needs to future-proof its network and improve performance and reliability.
  • The wholesale network provider selected the Adtran 10G fibre access platform because it uses an open and disaggregated architecture that eliminates vendor lock-in while providing the flexibility needed to sell services through a diverse set of partners and channels.
  • With its flexible, scalable, programmable network, ITS works exclusively to build fibre networks across UK towns and cities, including London.

Lothian Broadband Helps Close the Scottish Fibre Gap with Turnkey Network from Adtran

Retrieved on: 
Wednesday, September 14, 2022

Adtran, Inc. , the leading provider of next-generation multi-gigabit fibre access and fibre extension solutions, today announced that Lothian Broadband chose Adtran to design and build a new core network for its end-to-end fibre broadband solution .

Key Points: 
  • Adtran, Inc. , the leading provider of next-generation multi-gigabit fibre access and fibre extension solutions, today announced that Lothian Broadband chose Adtran to design and build a new core network for its end-to-end fibre broadband solution .
  • The resulting multi-gigabit-capable fibre broadband network delivers voice, video and internet services to residents and businesses in underserved regions of Scotland.
  • Lothian Broadband is extending a future-proof fibre network to over 70,000 premises across Scotland.
  • The Adtran end-to-end fibre broadband solution includes the Adtran 10G fibre access platform with XGS-PON technology and Adtrans cloud software .

Michigan Broadband Services Selects Adtran to Bring Managed Wi-Fi to Rural Communities

Retrieved on: 
Tuesday, August 23, 2022

Michigan Broadband Services is an internet service provider that serves rural communities.

Key Points: 
  • Michigan Broadband Services is an internet service provider that serves rural communities.
  • While high-speed internet connectivity is a rare luxury in many rural towns, Michigan Broadband Services wanted to ensure its customers had the same or better quality of connectivity as any other market across Michigan.
  • These benefits make this deployment a win-win for us and the people and communities we serve, said Phil Truran, President and GM at Michigan Broadband Services.
  • Michigan Broadband Services is committed to delivering the level of service normally found in bigger cities delivered by much larger operators.