Quarterly ResultJul 22, 2026, 07:06 AM
ADTRAN Q2 Preliminary Revenue, Margin, EPS Below Guidance
AI Summary
ADTRAN Holdings, Inc. announced preliminary unaudited financial results for Q2 2026, with revenue, non-GAAP operating margin, and non-GAAP EPS all falling below previously issued guidance and analyst consensus. Preliminary revenue is expected to be $280.0 million to $282.0 million, and non-GAAP EPS is projected between $0.03 and $0.05. The company attributed the miss to a project delay from a single customer and elevated component and freight costs. ADTRAN also provided Q3 2026 guidance, expecting revenue between $275.0 million and $295.0 million.
Key Highlights
- Preliminary Q2 2026 revenue expected between $280.0M and $282.0M, below guidance of $283.0M-$303.0M.
- Preliminary Q2 2026 non-GAAP operating margin expected between 3.5% and 4.0%, below guidance of 5.0%-9.0%.
- Preliminary Q2 2026 non-GAAP EPS expected between $0.03 and $0.05, below analyst consensus of $0.13.
- Preliminary Q2 2026 GAAP operating margin expected between (3.2)% and (4.0)%.
- Preliminary Q2 2026 GAAP loss per share expected between $(0.12) and $(0.14).
- Q3 2026 revenue guidance set between $275.0M and $295.0M.
- Q3 2026 non-GAAP operating margin guidance set between 1.5% and 5.5%.
Price Impact
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