Adtran Holdings, Inc. (ADTN), a fiber networking and telecommunications company, reported Tuesday narrower net loss in its third quarter with higher revenues. Adjusted earnings and revenues beat market estimates.
Looking ahead for the fourth quarter, the company expects revenue to be within a range of $275.0 million to $285.0 million, and adjusted operating margin within a range of 3.5% to 7.5%.
The Wall Street analysts on average expect the company to report revenues of $277.48 million. Analysts' estimates typically exclude special items.
In the third quarter, net Loss attributable to the company narrowed to $10.26 million, compared to loss of $33.35 million last year. Loss per share was $0.12, compared to loss of $0.38 a year ago.
Adjusted earnings per share were $0.05, compared to prior year's loss of $0.07.
Total revenue for the quarter grew to $279.44 million from prior year's $227.70 million.
Analysts expected earnings of $0.06 per share on revenues of $274.66 million for the quarter.
For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.