ADTRAN Holdings misses Q2 revenue, adjusted profit estimates

Adtran Holdings

04/08/2026 03:45

Overview
US networking solutions provider's Q2 revenue rose 6.1% yr/yr but missed analyst expectations
Adjusted EPS for Q2 was $0.04, missing analyst expectations
Company cites optical networking and 47% revenue growth from cloud, enterprise, government customers

Outlook
ADTRAN expects Q3 2026 revenue between $275 mln and $295 mln
Company sees Q3 2026 non-GAAP operating margin of 1.5% to 5.5%

Result Drivers
OPTICAL NETWORKING - Co said results were led by its Optical Networking Solutions business
CLOUD, ENTERPRISE, GOVERNMENT CUSTOMER GROWTH - Co said revenue from cloud providers, hyperscalers, enterprise, and government customers grew 47% yr/yr

Company press release: ID:nBwb2lGfMa

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Miss
$281.15 mln
$290.16 mln (7 Analysts)
Q2 Adjusted EPS
Miss
$0.04
$0.10 (6 Analysts)
Q2 Loss Per Share
 
$0.13
 
Q2 Net Loss
 
$8.70 mln
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the communications & networking peer group is "buy"
Wall Street's median 12-month price target for ADTRAN Holdings Inc is $19.03, about 114.8% above its August 3 closing price of $8.86
The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 31 three months ago

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Aug 3 - Palantir Q2 revenue beats expectations; raises outlook

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)