Adtran ( (ADTN) ) just unveiled an update.
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ADTRAN Holdings reported a rise in third-quarter 2024 revenue to $227.7 million, alongside improvements in gross and operating margins. The company anticipates continued revenue growth in the fourth quarter with an expected range of $230 million to $245 million. CEO Tom Stanton highlighted the benefits of increased customer acquisition and favorable market trends in fiber access, positioning ADTRAN for sustainable growth and profitability.
See more data about ADTN stock on TipRanks’ Stock Analysis page.