ADTRAN Shares Tumble As Preliminary Results Miss Guidance and Estimates
ADTRAN Holdings, Inc. (NASDAQ: ADTN ) shares fell more than 16% during Wednesday’s session after the company’s preliminary second-quarter revenue and margins missed the low end of its previously issued guidance. The decline outpaced a modest 0.2% drop in S&P 500 futures. Revenue Falls Short ADTRAN expects preliminary second-quarter revenue of $280 million to $282 million, below the $283 million to $303 million prior guidance range and the $293.39 million analyst estimate. The preliminary range trails the consensus estimate by approximately $11.39 million to $13.39 million. Non-GAAP operating margin is expected between 3.5% and 4.0%, below the company’s previous guidance of 5.0% to 9.0%. GAAP operating margin is projected between negative 3.2% and negative 4.0%. The company expects a GAAP loss of 12 cents to 14 cents per share and non-GAAP earnings of 3 cents to 5 cents per share. The...
ADTRAN Holdings, Inc. (NASDAQ: ADTN ) shares fell more than 16% during Wednesday’s session after the company’s preliminary second-quarter revenue and margins missed the low end of its previously issued guidance. 2% drop in S&P 500 futures. 39 million analyst estimate.
39 million. 0%. 0%. The company expects a GAAP loss of 12 cents to 14 cents per share and non-GAAP earnings of 3 cents to 5 cents per share.
The non-GAAP range falls well below the 12-cent analyst estimate and compares with break-even earnings a year earlier. Customer Delay Weighs CEO Tom Stanton attributed the weaker results to a project delay involving one customer and elevated component and freight costs. "Our preliminary second quarter results were directly impacted by a project delay from a single customer. In addition, margins reflected the current elevated component and freight cost environment," Stanton said.
Stanton said the near-term pressures do not alter ADTRAN’s underlying business, customer engagement or strategic priorities. He also pointed to continued strength in optical networking, customer opportunities and an expanding innovation pipeline. 31 million analyst estimate. 31 million below consensus.
5%. ADTRAN is scheduled to announce its full second-quarter results on August 3, 2026. 54. The setup points to broad technical weakness, with the stock trading below all three key moving averages.
00 is the key downside support if selling pressure continues. Momentum remains bearish. The MACD is below its signal line and the histogram is negative, indicating weakening buying pressure. Although the stock formed a golden cross in February, its move back below the 200-day average has reduced the strength of that signal.
67. 16 at the time of publication on Wednesday, according to Pro data. Read Also: Nasdaq Jumps Over 1% Amid Gain In Chip Stocks: Investor Sentiment Improves, Greed Index Remains In ‘Fear’ Zone Photo: Shutterstock