Earnings ·
ADTRAN Holdings reported second quarter 2026 financial results with revenue of $281.1 million, a 6.1% increase…
ADTNADTRAN Holdings, Inc.
ADTRAN Holdings reported second quarter 2026 financial results with revenue of $281.1 million, a 6.1% increase year-over-year. The company posted a GAAP diluted loss per share of $0.13 and non-GAAP diluted earnings per share of $0.04. Net cash provided by operating activities was $25.9 million, with ending cash and cash equivalents at $79.2 million. Management attributed sequential revenue declines to a single customer's project timing shift rather than reduced demand. The company also announced the refinancing of its credit facility, preserving $350 million in capacity while lowering borrowing costs by approximately 200 basis points and extending maturity to 2031. For the third quarter of 2026, ADTRAN expects revenue between $275.0 million and $295.0 million with a non-GAAP operating margin of 1.5% to 5.5%. ADTRAN Holdings operates in the telecommunications equipment industry, providing open networking and communications solutions for service providers, enterprises, and government entities.