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05.05.26 - 05:06
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ADTRAN Holdings, Inc. reports first quarter 2026 financial results (Business Wire)
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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 first quarter ended March 31, 2026.
Revenue: $286.1 million, up 15.5% year-over-year.
GAAP gross margin of 39.5%; Non-GAAP gross margin of 43.0%; up 108 and 55 basis points year-over-year, respectively.
Operating margin: GAAP operating margin of 2.2 %; non-GAAP operating margin of 6.9%.
Net cash provided by operating activities of $12.7 million.
GAAP diluted loss per share of $0.01; non-GAAP diluted earnings per share of $0.14.
Cash and cash equivalents of $88.3 million.
ADTRAN Holdings Chairman and Chief Executive Officer Tom Stanton stated, “We delivered solid first quarter results, with revenue increasing 15.5% year-over-year, and GAAP and non-GAAP operating margin rising 380 and 300 basis points from a year ago, respectively. These results reflect the continued strength of our core markets and the operat...
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